Small Business and Business Ethics

Having a good [tag]culture[/tag] in your business means also that the company must have good [tag]business ethics.[/tag]
Robert Moment, a business [tag]coach[/tag], tells us in his article about 7 Principles of Admirable Business Ethics:
One of the most important attributes for [tag]small business[/tag] success, is the distinguishing quality of practicing admirable business ethics. Business ethics, practiced throughout the deepest layers of a company, become the heart and soul of the company’s culture and can mean the difference between success and failure.

The Director of IBE,The Institute of Business Ethics , Philippa Foster Black, states: “Not only is ethical behaviour in business life the right thing to do in principle, we have shown that it pays off in financial returns.”

The 7 Principles are:

  1. Be Trustful
  2. Keep An Open Mind
  3. Meet Obligations
  4. Have Clear Documents
  5. Become Community Involved
  6. Maintain Accounting Control
  7. Be Respectful

Seems to me that these findings are basic for being a good [tag]Boss [/tag]and as Robert says,
They deserve to be considered as an important insight for companies striving for long-term success and growth.

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