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  • 2 years ago
Keeping Information Overwhelm at Bay as Your Business Scales

Keeping Information Overwhelm at Bay as Your Business Scales

Listen to the Episode Below: 
In a small business, it's already easy to drown in the floods of information that get generated every day. Where is it? Who created it? And how can you find it as your business grows and scales?
In this week's episode, professional organizer Stephanie Shalofsky shares key tips to creating information systems that help you avoid communication problems and legal liability issues, both now, and down the road.
Strategies from Stephanie Shalofsky...
Create retention guidelines. It's a fancy way of saying "this is the information we hold onto, how long we hold it, and where." Define what to keep for both your digital trail and your paper trail.
Use legal and financial mentors to help design your guidelines. You'll want an easy way to access important contracts, for example. That way, you can keep on top of your obligations ... and keep tabs on your vendors and clients for theirs. That keeps your company out of hot water, and your customers out of collections.