Contact record fields for business vs person

[Outlook Mama]

t would be nice if Outlook's contact capability distinguished between
business and people. If an business moves right now I have to find all my
contacts and update the fax number, address, etc. If I could enter a single
"business" record and then link people to that record, then when the business
moves I'd only have one place to make the update.

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[Kirrin Jones]

Have you tried using Categories for this purpose?

 

[Outlook Mama]

Categories might segregate people from businesses but they would not provide
the automatic link/update I'd like as a single source of basic info. What
I'm after is to update the address, for example, in a singe place (the record
for the business) and have it autoupdate the address field in all the people
records for that business.