A Better Days Profits for the Retailer Who Realizes That He Can Build a Big Bu
A Better Days Profits for the Retailer Who Realizes That He Can Build a Big Bu
A M Burroughs
The book A Better Days Profits for the Retailer Who Realizes That He Can Build a Big Bu was written by author A M Burroughs Here you can read free online of A Better Days Profits for the Retailer Who Realizes That He Can Build a Big Bu book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Better Days Profits for the Retailer Who Realizes That He Can Build a Big Bu a good or bad book?
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He kept his own books, consisting of a daybook and a ledger, and didn't see a need for anything better. The time came, however, when more credit was needed to meet the demands of his increased business. He went to the bank to seek an accommodation. His banker asked him for a statement of his affairs. Of course he was unable to give a satisfactory state- ment and the loan was deferred. This was a rather rude awakening to the necessities of his business. He took the banker's advice and called in ...an auditor. The auditor told him that it would be necessary to adapt his system of accounts to meet the changed conditions of his business. His single-entry books had been all right to start with, but they were now too incomplete. The com- pleting entries must be made at frequent and regular intervals. Additional accounts had to be opened and the books kept in such a way that ho could know at all times just where he stood. In short, he needed to know as much about his big 71 A Better Day's Profits business now as he was able to know about his business when it was little.
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