Establish Business Control to Focus on Goals

Controls place accountability within the business. Some employees may feel that controls are restrictions. However, the success of the company and the employees pay depends on the business success. The controls are not meant to be a trap, but rather a quick check to allow everyone to do the job right.

A control system is objective and can provide a systematic and routine measure of performance on an on going basis on the products and services of the business. Many small businesses lack proper control system because they are focused on production or service issues.

Having a control system allows you to monitor, measure and adjust where necessary your organization's performance, whether it be sales, production capabilities, or general efficiencies, on other words, the purpose of business control is to identify unfavorable business performance so that appropriate action can be undertaken.

The business control process  involves several activities :

• Establishing performance standards 
• Reporting or monitoring performance 
• Comparing performance against standards 
• Identifying unsatisfactory performance and 
• Pursuing appropriate action to correct significant deviations in performance. 

Control of business activities
Control of business activity takes place at two levels - control from within the organization and external control

Internal control
Internal control involves the creation of management system to control business activity.

External control involves the use of external auditors and independent assessor among others.