Necessary Management Rules to Build a Company with Fully Equipped Techniques

The fourteen principles by which were discovered by Henri Fayol and its applications has been implemented in start-up business and analyses its implications. Relating to this of publishing work an extensive review has been done. This has produced better understanding, modifications and concepts of principles. For suiting of start-up businesses the benefits, importance, strengths as well as weaknesses of these were tested. For studying in a directional perspective, in Lagos, Nigeria from start-up a data was studied. Based on the literature results that have been obtained from the data, Fayol’s principles of controlling are applicable to start-up business which is in existing in organizations.