When it comes to business, data truly matters. You need to keep track of your inventory and a long list of expenses to know whether your business is making money or not. All businesses need to manage their data well or else you end up making wrong decisions that will not benefit the company over time. It requires you to keep track of all of the company’s practices, policies, and procedures efficiently and effectively. Times are changing and trends come and go. If you are an entrepreneur, you won’t be able to tell whether you need to make changes in the company if you have no data to back it up.