Do You Keep Detailed Record?

AmazingJob

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In order to become successful in business, no matter which product and services we offer, we should be able to follow rules and regulations. Do you agree?

One is to really keep detailed records - your transaction. This will serve as your encyclopedia in your business. Keeping detailed record will help us become successful. In what aspect? Knowing the status of business, where it is taking you and what plans and strategies can be applied if we keep all the important data.
 
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hastral45

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Why are you in business if you can't keep daily record?. It is through keeping record you are bound to know the financial status of your business either you are in profits or not.
 

AmazingJob

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If there is no historical data where can a business owner base his weekly business or monthly business review? One should keep detailed record. That will also help in improvising strategies for the business.
 

Shavkat

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Indeed. Cashflow is needed to consider. The inflows and outflows should be monitored as much as possible. In some instances, you can just avail the services of an accounting firm.
 

AmazingJob

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Yes. Very important. Just to make sure they don't lose the records they can use physical recording and digital recording. Now understand why businesses, still record their sales manually on paper. If computer crashes, they have back up.
 

Starmix

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In order to become successful in business, no matter which product and services we offer, we should be able to follow rules and regulations. Do you agree?

One is to really keep detailed records - your transaction. This will serve as your encyclopedia in your business. Keeping detailed record will help us become successful. In what aspect? Knowing the status of business, where it is taking you and what plans and strategies can be applied if we keep all the important data.
Yes, I have detailed records to get updates easier by checking those already accomplished and not accomplished. I also recorded there who was not paid and who did pay me.
 

cherry123

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In order to become successful in business, no matter which product and services we offer, we should be able to follow rules and regulations. Do you agree?

One is to really keep detailed records - your transaction. This will serve as your encyclopedia in your business. Keeping detailed record will help us become successful. In what aspect? Knowing the status of business, where it is taking you and what plans and strategies can be applied if we keep all the important data.
Yeah it is good to always keep details information of everything that's important. it will help I'm the future.
 

eldavis

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When it comes to keeping records i am really not that good in that aspect, but the truth of the matter is that keeping of records is good and can be pretty useful.
 

IB D

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I don't think we can emphasize the importance of record keeping enough. I can't imagine a business person that doesn't keep records. That business is bound to fail.
 

Bisolami

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In order to become successful in business, no matter which product and services we offer, we should be able to follow rules and regulations. Do you agree?

One is to really keep detailed records - your transaction. This will serve as your encyclopedia in your business. Keeping detailed record will help us become successful. In what aspect? Knowing the status of business, where it is taking you and what plans and strategies can be applied if we keep all the important data.
It is vety hood to keep detailed record in your business so that you can know everything that went through in your business
 

Stardom22

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Keeping records in business is very crucial thing. It's through book keeping of the records that references for the business and information regarding the inventory system for the business is actually retrieved
 

IB D

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In my business, I don't joke with records. Every sale and every purchase is recorded down and analyzed. I even have a business diary that I update everyday.
 

Niyi Briggs

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Record keeping is one vital task that every business person should be used to and comfortable with. I can't set a price for my product of I don't study my record books
 
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