Documentation: An important part of business - A post worth reading for proper business guide

Good day buddies, I have really been trying to come up with this post but because of how busy the schedule is, I was unable to meet up. Apart from the reward, engaging here has been my number one priority, any day I missed out publishing here, it is like I missed out on something great. This is the love I have developed for the blockchain itself, any day without it, it is like that day is not complete. I pray this love keeps running.

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I was opportune to discussed with one of my female friend which I am trying to set up in the rightful way through the little knowledge I have understand and learnt through the impact of some persons here. She went into business some years back and she failed. She is really mad at herself because her man is thinking of walking away from her if she can't prove her self.

First of all we all should knows that relationship has grown from the stage where it is not just the man contributing but both parties. When this is done you will see that you guys will be progressing so fast, give such family little time they are going to hit apex. This is because they are supportive to each other. There is this popular saying that my grandmother use to tell's me, she said it is the hand that washes the hand. Simply put, if you are scratching my back I should be scratching your back too. This is simply how life operates in relationship now, it is no longer just the head this is made to carries the responsibility alone, it is now a combined effort as we are all the head.

When she was telling me of how mad her man has become following the fact that she failed in her first business which was set up by the man for her, I noticed how she is down to earth and ready to learn. As a man who has succeeded in mine I decided to key in while trying to save the situation of the moment, I don't want her relationship with her man to be ruined because of this kind of situation. She has asked the man to give her second chance but the man is afraid to do so because of the fear that she might misuse it again.

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Now when she asked me all this, I asked her this without going in detail. The question is did you keep proper document during the time your business was running and are you considering doing that when you eventually starts up this new business if the man eventually supports you? She said No and before that, she said her husband keeps telling her that she should document while her late business was running but she felt it is not needed not until the business crumbled. I asked her why she refused to document while running the business, she said she simply ignore that aspect because she thinks her brain will sustain her. I laughed hard to this.

Now I told her that documentation in business is very vital. Before I talked about this, let us knows what is documentation in business.

Documentation in business can be seen or defined as the process of keeping proper record of your purchase, sales, gains/reward. In a nutshell it is the process of keeping record that will help to sees you running your business in an appropriate way. Without proper documentation you won't be able to know when it is right to buy more goods to your office or you won't be able to know at what price to sell a product. To make it worse you won't be able to know if your business is making progress or not. We all knows the essences of every business is profit making, this is the reason it is ideal to take proper documentation of whatsoever things you are doing.

Now that we knows the importance of documentation, we can simply spot it out while the business of the woman failed. She simply refused to document. I will let us knows that in whatsoever situation we found ourselves in business, we should never fail to document. This is the best way for record to be kept.

If you want to go into business please bear it on your mind that documentation should be an integral part of it. If you don't document, there is every tendency that you won't be able to keep proper record of your business. If you buys an item worth $50, you buys another $80. At the end of everything you bought more than $6000 unit, how will you have record of how to sell them? You want to depend on your brain just like what she did? You will definitely fails like her. Please take documentation serious for those who wants to go into business and those who are in business too. I will leave you here with this educative post. Enjoy

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