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GUIDELINES FOR BUSINESS DEALINGS BETWEENMEMBERS OFTHE BCBPPURPOSE OF THE TALKThis talk will present the guidelines for business dealings in community and the procedures for working out conflicts between members in the event problems and differences arise from such business relationships.BASIC GUIDELINEBasic Dealings for Christians whether in community or elsewhere must always be based on BIBLICAL PRINCIPLES

Christians must be careful in how they conduct themselves in business because, like it or not, Christians are walking bibles that people see.As a general rule, BCBP members are advised not to enter into business relationships with one another. The community is created for the purpose of fostering the spiritual growth of its members, not for business purposes. However, in the event such business transactions are entered into, the guidelines are presented in this talk.

BIBLICAL PRINCIPLES*Commitment to serve and love one another;

*Righteousness;

*Proper StewardshipCOMMITMENT TO LOVE AND SERVE ONE ANOTHER*Commitment to love and serve another takes precedence over the pursuit of profit or economic gain.

*Meet one anothers needs by our personal help and resources and to look upon one anothers welfare as our ownPhil 2:1-2 1 Peter 1:22RIGHTEOUSNESS*Business Dealings must be conducted in a righteous, honest and just way;*Full disclosure of all material facts and the attendant risks associated with the proposition;*Full disclosure of any potential or present conflicts of interest;Prov. 10:29Prov. 11:28Prov. 13:6Prov. 15:27Prov. 16:8Romans 12:13Romans 13:13Eph. 4:24Eph. 6:9Eph. 4:1*Submission of Periodic Reports;

*Concomitant responsibility to ask questions, seek clarifications on things unclear;

*Document all agreements; and,

*Prudent use of speech

STEWARDSHIP*A duty to harness, develop and use talents and resources entrusted to each one by the Lord;*Do ones best in maintaining and promoting viability of ones business;*Exercise sound judgment and discretion;*Promote the common good and serve each other.Luke 19:13-27Collosians 3:23Prov. 10:4Prov. 22:29THE DOS AND DONTS.*Always fully disclose the business proposition to an elder;*Seek the guidance of the elder BEFORE getting into business (according to the level of competence; if not, seek proper advise);*Leaders must inhibit themselves from business dealings with members under their care;*Document all agreements. Actions must be guided by what has been documentedHebrew 13:171 Peter 5:1-3THE DOS AND DONTS.*Spouses must disclose to each other all business dealings. * A wife must secure the husbands consent before entering into a business relationship;* Leaders must maintain neutrality & independence;*Parties must perform due diligence before entering any transaction;*Maintain confidentiality

Eph. 5:22-311 Peter 5:1-3HOW TO WORK OUTCONFLICTS INTHE COMMUNITYWORKING OUT CONFLICTSExert every effort to amicably resolve conflicts and misunderstanding to preserve loving personal relationships in the community and prevent injury to the body;Elevate the problem to the proper authority in the community;Only as a last resort should court litigation be pursued; and,At all times, maintain confidentiality.SPECIFIC BUSINESS RELATIONSHIPSCORPORATE, PARTNERSHIP, JOINT VENTURES, ETC.*All possible conflicts of interest must be avoided and the members concern must fully disclose information to the others.*Decision making is by majority;*In the case of a dissenting member, a buy-out should be considered and pursued by the majority.

SUPPLIER-CUSTOMER*A supplier of a product or service must look after the best interest of his client;*Discounts to members must not result in a loss to the supplier;*A member must give preference to procuring a product or service from a fellow member, all things being equal;Mat. 22:39Romans 16:22 Cor. 8:13-141 John 3:17EMPLOYER-EMPLOYEEAs an employer, preference should be given to hiring a member subject of course to all requirements being met;The employee-member is expected to render the same level of performance of excellence as the business demands from all other employees;The employer-member is expected to deal w/ employees according to Christian principles in business.1 Timothy 1:2BORROWER - LENDERAvoid borrowing / lending to one another in the community;However, in the event such is necessary, always consult and advise an elder in the community;Leaders must never barrow from their members;Document the loan;Faithfully comply with the terms of the loan.

Romans 13:8BROKER-CLIENTA broker-member must always look after the best interest of his client-member;Fully disclose all material facts, risks;All parties must realize that the broker does not warrant anything;Good stewardship must be exercised at all times.SUMMARYEach member must do his best to safeguard the interest of a fellow member, especially in the manner of helping the other grow in maturity and responsibility.We all have to conduct ourselves in total fairness. Faithfulness, honesty, and loyalty in our business dealings.We have a duty to harness all of our talents and resources to grow our business so that they may be used to help others and bring glory to God.IN CLOSINGGal. 6:10 - So then, while we have the opportunity, let us do good to all, but especially to those who belong to the family of the faith.