How Important is it to Keep Accurate Records?

It amazes me when I meet a potential client and see that their records are a mess. That’s why I’ve coined the phrase I love shoe boxes. Keeping accurate records is essential if you want to know the health of your business. In addition, there are compliance and legal reasons. You want to have those records at your fingertips. When a governing agency comes knocking, the last thing you want is to have to scramble to get everything together. Finally, if you should want to sell your business, those records will make the difference between an easy sale and a mess.