Bible Summary. There are many Biblical principles for running a business. Businesses must have a stated vision (a purpose; an understanding), for its existence. For businesses, smart planning and execution can mitigate many risks. Also, being industrious, hard working, and having perseverance in business will pay in the long run. The Bible tells us that those who work hard in business will see increase. See below for Biblical commentary, meaning, and advise on Biblical principles for running a business.
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Biblical Business Principle: Communicate the Vision.
Businesses must have a stated vision (a purpose; an understanding), for its existence. From a Biblical perspective, a business vision must line up with the Word of God. As a business involves more than one person, the vision for the business must be communicated and it must be clear to all. Habakkuk 2:2 advises us to write the vision and make it plain.
Habakkuk 2:2, “And the Lord answered me, and said, Write the vision, and make it plain upon tables, that he may run that readeth it.”
Biblical Principle for Businesses: Plan for Risks Before You Act.
Every successful business has to take risks to be successful. Smart planning and execution can mitigate many risks. Many times the larger the risk, the more the opportunity. At the same time, the larger risk that is taken can result in more opportunities for failure. Luke 14:28 advises us that before we build something we must count the costs to assure we can finish what we start.
Luke 14:28, “For which of you, intending to build a tower, sitteth not down first, and counteth the cost, whether he have sufficient to finish it?.”
Biblical Principle for Businesses: Be Diligent.
Being in business is a long-term venture. Being industrious, hard working, and having perseverance in business will pay in the long run. Other businesses and people in authority will seek out diligent and capable business partners. Proverbs 22:29 advises us that the diligent in business will stand before kings.
Proverbs 22:29, “Seest thou a man diligent in his business? he shall stand before kings; he shall not stand before mean men.”
Biblical Principle for Businesses: Hard Work Brings Increase.
The Bible tells us that those who work hard in business will see increase. God blesses businesses that base their work ethic on initiative and honest, hard work. On the other hand, ill-gotten wealth will not be permanent. Proverbs 13:11 advises that those that work hard shall see increase.
Proverbs 13:11, “Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase.”