By monitoring the progress of the business plan, you can ensure that the business is on track to achieve its goals. You can identify any potential roadblocks or issues that are hindering progress and take corrective action to keep the business moving forward..
By comparing actual results to the planned results, you can identify any variances and take corrective action if necessary. This can help you address any issues or deviations from the plan in a timely manner, before they become larger problems.
By controlling the execution of a business plan, you can establish clear accountability for results. You can ensure that employees and stakeholders understand their roles and responsibilities, and are held accountable for delivering on their commitments.