How To Keep Business Records

Golden9

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It's important to keep records of everything you do in business, not just for personal use but for the perusal of anyone who wants to know about the business. Some people do it online, some do it offline. What's the best way?
 
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Suba

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Because the data/records contain company secrets, not all records can be exposed or read to the public. All documents or records should be stored offline to avoid hacking. Only marketing information can be read publicly and disseminated using the internet.
 

Shavkat

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Personally speaking, we need to have the basic knowledge of bookkeeping. It is how the role of bookkeeper comes in. I prefer to hire a bookkeeper if I have a business that is starting to expand.
 

Niyi Briggs

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I don't even care if you are keeping your records online or offline. The most important thing for me is that you must keep those records. It helps you to make decisions.
 

eldavis

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Both have their advantages and as well disadvantages. Anything could happen to it offline, while online on the other hand, the system could crash or something could go wrong. Just find the one that best suits you.
 

Stardom22

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Keeping the business records can be a great idea in the smooth running of the business. This can help in making references about the business inventory system among other businesses uses.
 

Niyi Briggs

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If you don't keep business records, you are bound to crash that business. I don't care how deep your business acumen is. That's where you reference in order to make steps in the business.
 

Magnus2022

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Keeping business is not difficult, what you need is discipline. A business owner don't need to have a degree in accounting to keep records. I use to keep records of my business transaction. I still have debt book where I keep all the credits my customers are owning me.
 

IB D

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In today's world, it is not difficult to maintain business records. All you need is a good software like Microsoft excel to record your transactions. There are mobile apps that can be used to keep business records. But the important thing is that every business must keep accurate and functional records
 

Heatman

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It's important to keep records of everything you do in business, not just for personal use but for the perusal of anyone who wants to know about the business. Some people do it online, some do it offline. What's the best way?
It is very important to keep business record because it is going to make it very difficult for your workers to steal from your business.
 

Authenticity101

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You have to find a way that works best for you. Some people are better off with an offline inventory while others can do it online. Personally, I am comfortable with offline bookkeeping. It may seem traditional but it works well if you are most at home with it.
 

Suba

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Currently there are also many apps available that make it easier for entrepreneurs to keep their business notes such as ColorNote, PenCake, Quickbooks, CrediBook etc. But you also as a businessman can maintain business records manually.
 

Smalto

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I think it is very possible to properly keep business records for future reference, you can either save them on the cloud or use available apps to make your records or go the traditional way of recording them in a book
 

aovurevu

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Keeping business record is the best way to track your business of it's progress , even now,this has been made easier as it can now be done electronically which makes it very fast and also easier.
 

Authenticity101

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I think it is very possible to properly keep business records for future reference, you can either save them on the cloud or use available apps to make your records or go the traditional way of recording them in a book
It is so awesome that online accounting can be secured so that you don't lose it. The availability of cloud and drive is very good businesses. Business people should just remember to always back up their data in them to avoid losing all of it.
 

Bisolami

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I don't even care if you are keeping your records online or offline. The most important thing for me is that you must keep those records. It helps you to make decisions.
We just have to keep your records and make sure that it is not Known to people who are not in our organisations so that they are not going to steal our ideas and use them for their business
 
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