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- Though untrained entrepreneurs who did not do their homework nor plan in advance effectively have traditionally stood a high rate of failure, well-thought out smaller businesses may be profitable
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While the term 'audit' may offer you sweaty palms and conjure visits from the IRS, an audit basically means a stock-taking. Think of a store; each year (or maybe more frequently) they conduct an inventory or scrutinize the item they have got on hand, its condition as well as the condition of important aspects with the store such as the fixtures, the computer system etc. Similarly, BBC and site audits 'take stock' in the current status from the website being analyzed.
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