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A book of business represents a list of clients or accounts you manage as part of a business. This database can help you organize and keep track of your current and previous clients.
A book of business is a professional's list of accounts or clients. The term is commonly used in finance. Find out more about growing a book of business.
A book of business has information that you need to build or maintain a relationship with a client: from their contact details to your past email conversations and meeting notes. In a book of business, every client has a contact profile (or a Contact Page). It glues together all information.
BOOK OF BUSINESS meaning: all the customers that a company or salesperson has, when as a group they are considered to have a…. Learn more.
all the customers that a company or salesperson has, when as a group they are considered to have a particular value: Salesmen fear that the proposals would hit the value of their book of business.
A book of business (BoB) is a professional list or database that includes all the accounts a company manages for its clients. This book typically enables them to organize their old and current clients.
A Book of business describes a professional’s record of clients or accounts. To expand your business professionally, you require a method to keep track of your clients, stay up-to-date with their requirements, and determine the best growth opportunities for your company.
Essentially, it’s a list or database of all the clients that a freelancer has worked with in the past, as well as any ongoing projects they currently have with clients. A book of business is an important asset for any freelancer, as it represents their current and potential sources of income.
A book of business is the clients who come to you for advice and will continue to come to you even if you change firms. You build a book of business by developing trusted relationships with clients and prospective clients.
(bʊk əv bɪznɪs) Word forms: (regular plural) books of business. noun. (Insurance: Commercial insurance) A company's or agent's book of business is the total of all insurance accounts written by them. The fundamental objective of underwriting is to produce a safe and profitable book of business.