Saturday, 9 August 2014

Why Opt For Kingdom First Business Associates

By Tanisha Berg


This can be defined as a form of corporate agreement and partnership overseen by lawyers during its formation where the parties involved must make key decisions jointly. The parties can consist of individuals, groups or organizations. Kingdom first business associates are a type of corporate entity where the members have one thing in common and that is their Christian faith.

It bears its origin in the medical field and thus it was initiated by doctors. In the recent decades it has spread to include other major professions. Human resource specialists, public relations consultants, law practitioners, International Technology experts, journalists and engineers.

In major cases the contract is officially written for reference purposes. The parties are required to approve of it through their signatures. The content has the terms and conditions of agreement, the type of corporation and finally the details of the members.

The partnerships are divided into several classifications. Private and public is one major category. Hybrid deals with the covered and non covered duties, it has difficult concepts. Business has the easiest objective and that is profit maximization.

Membership can be of two kinds. Closed or open. With open membership entry mode is easier and there are less restrictions. Closed does not allow easy transfer of shares to non members. The partners can take an active role or a passive role in the management of the corporate. Passive role does not require the members to take up management roles.

There are several reasons why one should enter an association. They are known to pull intelligence, skills and resources together. This makes it easier for day to day operations. It is important to note that they can also be of great value when penetrating the target market.

International and local regulations and laws must be applied in order for them to operate within the stipulated law. Business associate agreement is mandatory for health insurance portability and accountability Act. Ensure to follow all the necessary laws.

They are based on a certain principle. That seeking God and living a righteous life without sin is the best platform for attaining success in the world. They live by the principles and values taught by Jesus in the gospel books in the New Testament.

Specialization always produces quality.It brings together professionals from relevant fields. They bring expertise in the organization. They are also of merit in other ways, they enable the company to expand and grow in terms of market share. At the end profits increase.

The provision of financial assistance is improved. Banks and other financial institutions have more confidence in their ability and thus can lend bigger sums. All in all corporate branding is achieved. The company is able to improve its image thus attracting a wide range of clients. The government is also motivated to loosen its restrictions and provide incentives.

Probably the best reason for working with Christian partners is they will apply their principles to the venture. Accountability and responsibility makes it easier to manage the members as they can work under minimum supervision. They are trust worthy. Conflict in working place is minimized. There is harmonious team groups that produce results fast as all players are committed. Individual investors and shareholders get the right value for their money, their returns are admirable.




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