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You’ve probably heard the expression, “Garbage in, garbage out.” It originally applied to computer hardware and software, but it also works for the financial side of your business. You have to create a financial system that clears out the garbage if you want to succeed.
Your system should give you accurate and useful information so you can see how you're doing and you know when to act. These five easy steps will help you create a simple financial record-keeping system: capture, check, record, review, and act.