August 7, 2021

Business Ethics is Important in This Economy

by

Tina Berg

For some people, their principles are the most important thing. It’s one of the only things that other people can’t take away from you, no matter what happens. When times get tough, if you have good, solid principles to lean on, you will always make a decision that makes you feel good inside. However, not everyone feels the same way. Some will look for any opportunity to take advantage of someone else, whether it’s on a rent to own purchase or a transaction at a grocery store. Doing the right thing just isn’t as important to these people, only gaining something personally. When you’re a business owner, there is no room for poor principles and ethics. In fact, in these tough economic times, leaning on your personal principles holds true for your business as well. If you run your business with integrity when the chips are down, you might find it will make things better for you when good times return.

[youtube]http://www.youtube.com/watch?v=zmNuxc65hqc[/youtube]

The good thing is that for every person involved in a rent to own scam or fake insurance claim, there are many more that do the right thing. It’s these sorts of people that give you faith that the bad apples are few and far between. When you’re talking about business owners, those that engage in unethical behavior simply put themselves at a competitive disadvantage and give their customers reasons to shop elsewhere. And with all the competition out there, you never want to give your customers a reason to shop anywhere but your establishment. It’s not like it’s not tempting to make a quick cash grab or manipulate a system that doesn’t have good security checks. We’re all tempted every day to make decisions that go against our sense of right and wrong. It’s those of us that can recognize those things that we shouldn’t do-and then not do them-that stick to our principles. Everyone in the rent to own industry or at any retail establishment probably has several chances a day to make the wrong choice. But we’re lucky that the majority of them decide to resist temptation and acquit themselves in a professional manner. And if they don’t, the best way to let them know you don’t appreciate it is with your checkbook!

APRO is a great source of information when you’re looking to make a

rent to own purchase

. And if you’re worried about getting burned in a

rent to own scam

, it’s good to know that APRO has a Code of Ethics to prevent those sorts of practices.

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Business Ethics is Important in This Economy