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direction your business is going to take. Considering the big goals that the enterprise
aims, business owners tend to set little objectives to be able to achieve the said big
goals. It also contains brainstorming among the people included in the businees
internalizing the factors that may take place in doing the plan including internal and
external factors. Planning was said to be a continous process as the business owners
nevers stops on making plans. Once they gain achievements, they set another goal
creating strategic plans for achieving growth and boosting profitability of the
company.
the goals a business owner has set. It is about creating a formal structure of the plan to
make it concrete and organize. Business owners will have a guide of what particular
step or objectives they had already achieved and what will be their next step or move
after that. It is simply also about identifying the task and who will do that task.
Example: Top level managers create a step by step plan and develop organizational
3. Staffing- Staffing pertains on hiring staffs and employees and identifying what
qualifications they must possess on doing the task that will be assigned to them. It is
also about dealing about the different skills of their staffs and must categorize them
high-positioned staffs will lead their employees and the plans in their jurisdiction.
They must be the one to lead or direct the plan and make sure that their staffs is doing
Example: Managers guide their employees and show how a particular work should be
5. Controlling- Business owners and top level managers should have a control over the
employees and the enterprise. They must make sure that everything is going well
according to plan. If not, they must be aware of it and to pre-arranged the plan due to
some factors. If they done it successfully, it means that they have the control on
Example: Production department will lessen the unit of product they produce when
the sales continually decreases and think of strategies to make the product better. By