As a business grows, there must be changes and updates made in how the company information is kept and accessed. The same can be said for when a business partnership is dissolved due to resignation, illness, or even death. When records need to be accurately kept, it can be difficult to make sure those updates are made across the board if the information is scattered on several platforms. This is where the LifeBook for Business comes in. The Business LifeBook is an invaluable asset to your business and is needed for accurate upkeep of the information needed for your business.
So much information
There is so much information to be kept that it just is not possible for one person to know ALL about the business. Think about all the passwords, insurance information, employee records, and contact information for key contacts. This can include the payroll company, the IT expert, insurance agent, and many others that play a key part in helping to keep your business running. When all the information is stored in one general area, there is no question as to what is being used and how to access it.
The LifeBook will bring together key employee’s knowledge about the business’ information in one central location for all key players to have access to in the event that one of these key employees is absent for an extended period or has left the company.
A password safehouse
There are a lot of means to keep passwords safe electronically. A password manager can assist in generating and keeping your passwords safe in their encrypted databases. Each account is protected by a master password that you keep on file to access your personal or professional database. While they are considered “safe” don’t fall victim to feeling overly protected. Hackers are smart and if they can breach the security of Equifax, a major credit reporting agency, then chances are it’s possible they could breach just about anything.
The LifeBook gives you the opportunity to keep your information stored in the notebook where information can be easily updated by pen and paper. However, if you prefer a digital copy, you can opt for a secured thumb drive to house your sensitive information. Both can be kept under lock and key to ensure they don’t get into the wrong hands.
It’s a good business practice
All businesses should have Policies and Procedures Handbook. The LifeBook just goes deeper to include passwords and login information for things like insurances, websites, social media or cloud storage. Keeping all this information secure and available to employees when it is needed will cut down on constantly resetting passwords because it has been forgotten and your account was locked.
Have all the crucial information handy to keep your business running fluently and seamlessly. Reduce time spent searching for or resetting passwords time and again by having all the information in a custom created, highly organized manner. After all, consistency is key when operating a business. With a Lifebook for Business, there is no need to invent a system that works, that work has already been done for you.