Sole proprietor is the business entity that is best for my business, since I will be the owner and be managing the shop. “Honor the Lord with your wealth and with the firstfruits of all your produce” Proverbs. 3:9 I believe that being a sole proprietor and Christian will help my business prosper, my values and beliefs go hand in hand with the vision and …show more content…
To make my business successful I have to incorporate the importance on conducting business transactions with our customers with honesty and fairness. Not having a strong ethical business foundation can drive customers away, having trust between the business and the consumers can make a business successful. The social responsibility in ethical considerations is to ensure that you are not only protecting your business but you are also protecting your employees and customer rights. All business procedures must be fair and ensure all individuals values and beliefs of workers are protected and respected. “Business owners and managers who employ a consequences-based approach seek to produce the greatest balance of good over harm for all who are affected, including owners, employees, customers, investors and community at large.”