Business Finance is a process for acquiring and managing Small Business Finance resources on projects, especially on the income (revenue) of these resources, and analyze or updating cash flow (cash flow) for construction projects is more than just the management of construction has been progressing Industry costs type and form of payment for the completion of the project, which will be desperately needed in the field of Small Business Financing. Forms of financing the above projects will significantly affect the financial control system performed in the project.
Basically the functions of Financial Management Company in achieving its objectives are: – Determining the Financial Structure of the Company (the amount and source) – Allocating funds (working capital and investment) – Controlling Company Financial (efficiency and effectiveness). Cost control is the final step of the process of Business Loans costs, which seek to use and disbursement of funds in accordance with the plan, such as the agreed budget. Control of project costs can be divided in accordance with the project cycle, namely controlling the conceptual stage, planning and implementation.
Cost control Business Loan can also be viewed as activities, such as engineering control, procurement and implementation phase and construction. Control requires thorough preparation, such as reviewing the contract documents, assess project complexity and risk, determine the intensity of controls to be carried out and prepare the necessary personnel. Controlling Personal Loan at headquarters primarily focused on engineering, procurement of materials and equipment, and support services.
