In this unit, we will have a look at implementation of the business plan in  management with social farms and the process of their monitoring and correcting

The business plans should be accepted from the managers as a tool for a better dealing with situations connected with distribution of the funds, implementation of new products, procurement of new equipment, engaging of employees, managing of the costs and many other things connected with successful working of the company.

Making business plan by the management of the company is very important. Plans are made for leading all processes in the company and to bring corrective note if some of the processes are stopped

Continuous monitoring of the work and comparing it with what is written in the business plan is the best way to stay on the stage of success.

Comparing of these two things should be implemented at the end of the every month or some other period which have measurable results.

When managers make business plan it should be made very realistic and according with realistic prediction of development of the business.

Making mistakes in a period of making plans will cause problems in a period of implementation and monitoring.

Some of the mistakes can be dragged on, during the preparation of business plan. Because of that, managers occasionally should make corrections on the plans.

In some cases business can be developed slowly or faster than the plan. This can be caused by the big tremors and changes of the market. In these cases corrections on the business plans are inevitable.

Corrections in the business plan should be small and with correlation with new situation on the market.

If the achieved results are much different than data in the plan, then business plan is incorrect and in his making have big mistakes or wrong information. In that case is better to make new business plan, more realistic and compatible with situation in company and external conditions.