Are your profit margins low, and has innovation from industry rivals forced you to allocate significant sums to your product’s research and development? In that case, your budget is most likely stretched to its limit, and any minor issue you encounter in your financial recordkeeping data could directly impact long-term stability. Have you made an unintentional mistake in the recordkeeping of past financial data? In normal circumstances, this would be an annoyance or, at most, a minor setback. However, if your financial resources are already spread thin, a fine or a miscalculation in your taxable revenue could mark the end of your long-term expansion ambitions.
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