If you are like most small business owners, in fact this pertains to everyone, you have dozens of passwords and ID’s. Not only your social media, but everything you now do requires a password and ID; bank accounts, credit cards, insurance policies, etc. Not all passwords and ID’s are the same so you may have dozens of different passwords to access all your sites. I keep several, up to date, copies of all my passwords and id’s, one in my desk at the office, one at home and one with my attorney.
Bad things to happen to good people and if you were absent from your business who is able to access all your accounts? Does you spouse have all the information? Does your spouse even know what accounts you have? Fires, floods, earthquakes, sickness and death all may require someone to access everything; do you have that information readily available to the “right person”?
Record keeping, as a whole, is one of the most overlooked functions in the busy life of a small business owner. It’s one of those things that you think can be put off until tomorrow.
Other issues include domain names and their expiration dates and your internet service provider and any contract that you may have with them.
Running a small business is not all about making the sale. The detail record keeping requirements help build the foundation for growth.
TODAY, GO TO WWW.PAYDIRTBOOKS.COM AND ORDER THE BE PREPARED BOOK. THIS $35 RECORD KEEPING SYSTEM MAY BE THE BEST INVESTMENT YOU CAN MAKE.
Before everything else, getting ready is the key to success.