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Financial control means having rules, processes and systems in place that enable you to manage and monitor the finances and investments in your business.
The documents that you will need to keep a track of are:
Tools in order to do this are:
These statements only become useful if they are used and applied in order to help you raise more finance or gain a return on the money you have invested in your business. This means they should be diligently monitored by yourself and compared on a month by month and year on year basis.