What Makes Bookkeeping a Crucial Requirement for Small Businesses?
A famous author and businessman Robert Kiyosaki once said “The term accounting comes from the accountability. If you are going to be rich, then you need to be accountable for your money”. This means if you are running an organisation, then you must give importance to accounting and bookkeeping. According to the recent survey, 60% of the small and medium-sized businesses fail due to lack of bookkeeping than any other thing. How is that possible? As you are doing everything…