Your Most Valuable Business Asset

Your customer database is one of the most valuable business assets you have. If you are able to keep your customers for many years and do business with them repeatedly you have a foundation that will keep your business growing and prospering long into the future.

What information should your database contain:

* The names and addresses of all your active customers, that is anyone who has made a purchase from you in the past year. Your file should also include the phone and fax numbers, and e-mail addresses of all your active customers. To keep this data up to date and accurate, make sure you review it a least once a year.

* The names, addresses, phone, and fax numbers of all your inactive customers, that is, those people who haven