Controlled spending is the practice of tightly managing money spent on business operations. This includes setting out clear goals for expenses and monitoring them to ensure that all budgets and targets are met. It’s a crucial part of budgeting and cost management, as it helps companies focus on their core objectives and keep their spending within reasonable limits. By taking control of spending, businesses can not only save money but also better track their performance against projected goals. With carefully planned and monitored spending, businesses can stay ahead of the competition and achieve greater financial success.