Control in a business is vital. It involves the processes and procedures that regulate, guide, and protect an organization. These are part all along of the four primary managerial functions such as planning, organizing, and leading. One type of control a business uses is a set of financial policies. Included in this control are schedules and deadlines of management, employee training, performance evaluations, adjustments, or staffing assignment. Without business control, there might be disorganized business performances.
Importance of business control
- Thread starter Starmix
- Start date
- Thread starter
- #3
As a busenss owner, control is very important. The money from the sales must not be sent for something else. In case cannot be avoided, it must be recorded by the treasury department as borrowed money and must be paid back.
And I actually feel the business control should be basically done by the business owner because nobody will treat your business the way you are going to treat it so there are things you should do by yourself instead of employing people to do it for you
- Thread starter
- #7
It is not only for the business owner to uphold his control but all his employees. The latter might be the source of business controversy or chaos between customers and workers whose control is undefinable.
