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Start a New Business

Starting a new business is not for everyone, but for those people who dream about their own business, navigating this bucket well is vital. As you develop a business plan and dream about the future of your business, taking practical steps to have the financial foundation ready when you are ready is critical to success. The earlier you can begin to save for the start of a business, and the more intentional you can be about avoiding debt in the process, the better off you will be. I’ve started a few businesses in my lifetime, and I am always eager to help others avoid some of the pitfalls that I encountered along the way.

How do you set financial goals?
  • Ask God what to do. This is best done in a quiet time with God, every day.

  • Journal. This crystallizes your thinking.

  • Make it measurable. Set an amount and a time period for your goal.

  • Take action. Take small steps toward your goal.


Start a New Business

Starting a new business is not for everyone, but for those people who dream about their own business, navigating this bucket well is vital. As you develop a business plan and dream about the future of your business, taking practical steps to have the financial foundation ready when you are ready is critical to success. The earlier you can begin to save for the start of a business, and the more intentional you can be about avoiding debt in the process, the better off you will be. I’ve started a few businesses in my lifetime, and I am always eager to help others avoid some of the pitfalls that I encountered along the way.

 

Yahoo.com has a discussion about debt versus equity in starting a business.

ChristianPF discusses what the Bible has to say about business.

Start a New Business

Starting a new business is not for everyone, but for those people who dream about their own business, navigating this bucket well is vital. As you develop a business plan and dream about the future of your business, taking practical steps to have the financial foundation ready when you are ready is critical to success. The earlier you can begin to save for the start of a business, and the more intentional you can be about avoiding debt in the process, the better off you will be. I’ve started a few businesses in my lifetime, and I am always eager to help others avoid some of the pitfalls that I encountered along the way.

Leviticus 19:13
You shall not oppress your neighbor, nor rob him. The wages of a hired man are not to remain with you all night until morning. (NASB)

Deuteronomy 25:13-15
You shall not have in your bag differing weights, a large and a small.
You shall not have in your house differing measures, a large and a small.
You shall have a full and just measure, that your days may be prolonged in the land which the Lord your God gives you. (NASB)

Psalm 112:5
Good will come to him who is generous and lends freely, who conducts his affairs with justice. (NIV)

Proverbs 10:4

Lazy hands make a man poor, but diligent hands bring wealth. (NIV)

Proverbs 11:1
The Lord abhors dishonest scales, but accurate weights are His delight. (NIV)

Proverbs 12:11
He who tills his land will have plenty of bread, but he who pursues vain things lacks sense. (NASB)

Proverbs 14:23
In all labor there is profit, but mere talk leads only to poverty. (NASB)

Proverbs 15:22
Plans fail for lack of counsel, but with many advisors they succeed. (NIV)

Proverbs 21:5
The plans of the diligent lead to profit as surely as haste leads to poverty. (NIV)

Proverbs 22:16
He who oppresses the poor to make much for himself, or who gives to the rich, will only come to poverty. (NASB)

Jeremiah 22:13
Woe to him who builds his house without righteousness, and his upper rooms without justice, who uses his neighbor’s services without pay and does not give him his wages. (NASB)

Luke 14:28

“For which of you, when he wants to build a tower, does not first sit down and calculate the cost, to see if he has enough to complete it?” (NASB)

I Thessalonians 4:11-12
And make it your ambition to lead a quiet life and attend to your own business and work with your hands, just as we commanded you; so that you may behave properly toward outsiders, and not be in any need. (NASB)

I Timothy 5:18

For the scripture says, “You shall not muzzle the ox while he is threshing,” and “The laborer is worthy of his wages.” (NASB)

James 4:13-15
Come now, you who say, “Today or tomorrow, we shall go to such and such a city, and spend a year there and engage in business and make a profit.” Yet you do not know what your life will be like tomorrow. You are just a vapor that appears for a little while and then vanishes away. Instead you ought to say, “If the Lord wills, we shall live and also do this or that.” (NASB)

James 5:4
Behold, the pay of the laborers who mowed your fields, and which has been withheld by you, cries out against you; and the outcry of those who did the harvesting has reached the ears of the Lord of the Sabbath. (NASB)



 

 
Goal Setting
Financial Assessment
Spending Plan
Debt Repayment
Planning Weekend - Couples
Planning Weekend - Singles
 

 
 

 
 
 

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