Without proper management, a business ends before it starts. Many people think that a business needs a large capital to be successful. However, in reality, no matter how large the capital is, if there is no proper management or planning, that business cannot survive. In many cases, even if the capital is small and there is a planned and well-structured plan, it is successful in the long run. Effective planning, experience and sustainable management are three things that should not be neglected before starting a business. If someone cannot make a refined plan for income, expenses, capital, profit, loss, then his business will have no financial accounts.