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Frequently Asked Questions
20. How do I set up the right record keeping system for my business?

The kind of records and how many you need depend on your particular operation. The SBA's resources and an accountant can provide you with many options. When deciding what is and is not necessary, keep in mind the following questions:

  • How will this record be used?
  • How important is this information likely to be?
  • Is the information available elsewhere in an equally accessible form?