If you’re running multiple businesses within a single business entity or a business that generates sales by connecting with different businesses, I recommend managing the accounting for each separately. For example, if a car rental company also engages in car leasing, try to maintain distinct accounts for the rental and leasing sectors. This approach increases the chances of uncovering hidden costs or mistakes in resource allocation. In business, specific attributes necessitate this separation, leading to independent costs and improved profit structures. Neglecting this reality can result in bankruptcy without fully understanding the reasons behind it. The foundation of success is to avoid failure. - Joseph’s “just my thoughts”
Human beings don't know the substance of time. The time we know is only a sign expressed mathematically and astronomically by the machine "clock." Human life under the minute-unit system began when human beings lived with a comparatively precise machine. Before the Industrial Revolution, a concept of time naturally followed the ordinary way of life. When a promise was made, the condition was, "Let's meet before dinner." Therefore, there was a rare case of people angrily going outside because the counterparty was 10 minutes late. The framework that the human being makes, makes the human being again. - Joseph's "just my thoughts"