If you have your own business, it is a must thing that you should implement good internal control system so that all the processes and activities in your business can be done efficiently and effectively. The easiest example is when your staff needs to take the money from the treasury to pay the delivery service of the office equipments you order. You have to make clear procedures in this activities so that not all of your employee can take out the money from the save deposit or from your business bank accounts.
The other example in which you need to implement good control is when you have a feel of car or trucks in your business supposed your business is the movers company or car rental company. To make sure that the drivers of the trucks or the car you owned don’t drive or use the fleet for their own purpose you also need to implement strong but effective procedures or other safety tools or devices.
For example, you can have GPS vehicle tracking device and system in both your fleet and in your office so that you can monitor all of your fleet and know where your fleets are gone.