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The primary task of management franchises is to convert the inputs into outputs. It is done through managerial process like planning, organizing, directing and controlling. It is considered as human process because the focus of attention is on the individual human being who is matt jersey working for the achievement of business objectives in a co-ordinate manner. It is a process as it involves several steps or the process starting from planning to the control.

Acquisition of funds, their allotment and effective utilization and maximization of profit and wealth has been accepted matt jersey as the main objective of the firm in order to fulfill the short-term and long term needs of the firm. Some of the important primary or executive function of management franchises are identified below:

Financial planning- This function requires skilful planning. Therefore, such functions require specialized managerial capabilities and experience. Planning is the formulation of enterprises' goals or objectives, the selection among alternative courses of action and the initiation of polices and programs to achieve the objectives. Financial plan is essential for the organization and operation of matt jersey an enterprise and involves the following three steps: