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The importance of internal controls and processes for the development of your business

The lack of controls and internal processes well defined and structured are among the main causes that prevent growing companies.

Make a reflection: Does your company have well-defined internal controls and processes?

In this context, it is important to note that the good management practices are fundamental for business growth and business development.

As proof of this, IBGE Data demonstrate that 6 in 10 companies closed their activities in the first 5 years , an alarming number that has been drawing the attention of the experts .

Much of the entrepreneurs closing their business early, attribute this decision to factors such as economic instability and the country's high tax burden.

However, will it be the external factors are the largest villains in this story?

You must recognize that the Brazilian market has adverse characteristics. However, internal controls and processes well structured and the deployment of good management practices can contribute to overcoming these challenges.

Just observe the most prominent companies in the country, all of them have internal processes well defined, plus excellent organization.

Important internal controls and processes for your business

Are you looking for improvements for the processes and management of your business? Start by implementing some routines that can make all the difference, check out!

Accounts control payable and receivable: Financial management and organization is one of the biggest challenges faced by Brazilian companies.

For this confrontation it is necessary to deploy a solid management culture that includes well-defined internal processes to pay and receive account control.

In a successful business, every input and output of resources needs to be justified, approved and registered.

The financial organization is fundamental for efficient flow control and financial financial strength.

Shopping and stock management: When the subject are internal controls you can not stand aside leaving shopping and inventory management.

A well-organized and structured company is one that can properly control its inventory, avoiding losses, excess purchases, in overtime moments or in conditions outside the market average.

To enhance the development of your company, invest in rigorous routines and internal processes for shopping management and inventory control.

Fiscal control and accounting: Your company can count on some well-defined processes, among them, those already mentioned above. However, without good fiscal management and accounting all effort can be in vain.

In Brazil, there are a large number of companies with fiscal and accounting problems that prevent the appropriate development of their business, among them, the lack of tax planning.

For lack of guidance and specialized advice, many companies compromise their results paying taxes unduly or making wrong choices from the accounting point of view.

Your company needs to identify failures and deploy Controls and internal processes To enhance business development?

Count on the audilink professionals team, please contact us!

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