Every business big and small should have regularly updated bookkeeping and accounting records so business leaders can make the right decision with a foundation in the data.
This story originally appeared on Due
Last week in a discussion with a business coaching client, I asked if she had updated bookkeeping and accounting records that would help her make the best business decision for a big question about her business. “No,” she replied, she didn’t have updated books. Without them, any decision regarding product lines, pricing or customer capacity is just a guess!