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How Poor Recording Keeping Is Killing Your Business by metinben(m): 8:17am On Nov 13, 2021 |
HOW POOR RECORDING KEEPING IS KILLING YOUR BUSINESS Ever imagine a basketball match without a basket, Imagine that your business without proper documented records is it struggling or doing well, RIGHT NOW. Just as food is good for the body, Recording keeping is a necessity for every business. In a simple term, Recording keeping is the process of documenting information that conscience the day-to-day affairs of your business. You may be asking, what are the benefits of keeping records to my business they are enormous, but i would give you just 5 Ability to track the cost price of the goods you buy in a long run, it helps you keep up with the market trends You can be able to track your sales, how much you have made per month or per year You can be able to keep proper records of your INVENTORIES(stocks), it helps you know what is available and what is unavailable It would help quicken your purchasing process, as you now know want to buy, because you are aware that is has been used up. It helps curtail THEFT If you can't manage your records find someone to handle it, The process is simple, seamless and fast. Start documenting, start recording , Be accountable Kindly follow me on facebook for more business teachings, being in business involves a lot so you need proper knowledge to scale through, Follow me through this link https://web.facebook.com/emmanuel.agomuo.140/ |
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