Step 1: Business Plan
Caring about others as much as yourself is the beginning of Christ's business plan.
Loyalty to what is right more than profit is part of His business plan.
These principles need to be manifest in all our business so that we become witnesses of his name, his character.
A business plan must be a road map taking you in a righteous direction.
A business plan is not what you do before you start but it is the start.
In fact you have already started.
Accumulation of your personal knowledge and skills is an accumulation of business assets. It is your first capital.
Your second source of capital is the skill knowledge and even assets willing shared by others.
In a kingdom business plan you are not alone because you are seeking to start your business to help others as much as yourself and there are others who are willing to do the same.
Most business need some Organization & Management skills and assets to begin with. In a congregation of record you already have some of that because you are gathering with others that care about your business before it even begins.
Every business is structured differently and which one is best for you could be the result of your trial and error or you can benefit from what others have already learned from their trial and error.
A business provides a Service or Product Line? Your Provision
What do you want to provide and how does it benefit others, your “customers”?
Are you applying the golden rule producing an honest provision for society?
Can you Market it and will you need help?
Do you have the funds and resources or will you need help?
How much time will it take and will you need financial help?
What are your assets, skills, advantages and what are you missing?
This brings us to ...
Step 2: Get Business Assistance and Training
Bring your questions to your elders to get advise and assistance.
Then share this outline with your minister who will bring it to others in the network of Churches.
You will need to do the leg work knowing that your willingness to help others will encourage others to help you.
Step 3: Business Location
Where will you do business?
How and where will you market your provision?
Is there local help?
Step 4: Financing Business
What will you need, minimum and maximum? There are often slow returns at first.
Don't quit your day job.
Burning the midnight oil is a term used by people stating their own business.
Do your home work and get help from others who have walked this road to get a realistic perspective.
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]?”
Step 5: Determine the Legal Structure
In many countries there are different rules about business for their citizens. Your goal may be kingdom but you have to begin seeking it where you are. The Church is in the business of charity but the people are capitalists of either the State or their own status. If of the State they need to decide which form of ownership is best for you: sole proprietorship, partnership, Limited Liability Company (LLC), corporation, S corporation, nonprofit or cooperative.
You will need to discuss this with many people and pray about it.
Step 6: Business Name,"Doing Business As"(DBA)
Many countries require businesses to Register with the State to do business in the state.
Choosing a name may not be as easy as you think.
Mankind is driven by names and the name you choose may affect your ability to market what you produce or offer.
Get experienced people with business savvy to go through this process.
Step 7: Numbered if a business
Taxable businesses of those who have been numbered or wish to do business in a given State will need to find out which tax identification number you'll need.
Step 8: Registering for State and Local Taxes
You will be expected Register with your state to obtain a tax identification number, workers' compensation, unemployment and disability insurance. That doe not mean you have to take from these systems but you may be required to pay into them like the Israelites had to pay their talley of bricks.
Step 9: Business Licenses and Permits
There are more and more Licenses and Permits required by federal, state and local agency. A social security number will be required to do business in the market place of the State.
Step 10: Employer Responsibilities
There are many ways to handle having employees and it may be as complicated as having a business.
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- Jeremiah 29:15 ¶ Because ye have said, The LORD hath raised us up prophets in Babylon;
- Title 42 › Chapter 7 › Subchapter IV › Part D › § 666 ›42 USC § 666 - Requirement of statutorily prescribed procedures to improve effectiveness of child support enforcement (a) Types of procedures required In order to satisfy section 654 (20)(A) of this title, each State must have in effect laws requiring the use of the following procedures, consistent with this section and with regulations of the Secretary, to increase the effectiveness of the program which the State administers under this part: (13) Recording of social security numbers in certain family matters.— Procedures requiring that the social security number of— (A) any applicant for a professional license, driver’s license, occupational license, recreational license, or marriage license be recorded on the application; For purposes of subparagraph (A), if a State allows the use of a number other than the social security number to be used on the face of the document while the social security number is kept on file at the agency, the State shall so advise any applicants.