After identifying our offering, finding customers and listening to them to discover better ways to meet their needs, its important to add additional focus to the day to day administration of our business as it grows.
A crucial aspect of business admin is record keeping.
Without administration and accurate financial records we will find it more difficult to know:
- if we are profitable?
- If we have been paid?
- if we have met all our obligations?
- what our expenses are?
Records, especially financial records should be kept daily.
Depending on our personality type we may find it more or less difficult to keep daily records. There are a few strategies we can focus on to improve our success levels:
- focus on "why" - remembering why we are keeping records will help us to focus on the desirable outcomes that will result from this potentially monotonous task.
- reward if necessary - we may need to "bribe ourselves" a bit until the new routine is established.
- simplify and make it easy - the more difficult it is the less likely it is we will do it.