039 - How Do You Know?
Bills. Bank statements. Charge disputes with customers. Embezzlement. How do you know? How do you know if these are correct or happening? Do you have a system you can trust? Do you have someone reliable to help you keep things in order? Listen to this 4-minute episode to reevaluate how you keep records. This might just change your life.
Show Notes
Where “How Do You Know?” started for Martin Holland. (0:40)
How to alleviate problems by keeping records. (2:15)
Quotable Moments
“I failed to bill a customer for a $23,000 part. How did I know? Because the customer told me.” –M (1:53)
“Both catching mistakes and resolving them both require good records and good processes.” –M (3:15)
“Bookkeeping receiving processes, inventory management controls, reconciling with banks, and credit cards. All those things are a royal pain, but they are not optional. So let me ask you– do you keep good records and how do you know?” –M (3:48)
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