Significant number of organizations is using financial performance indicators and on the basis of these indicators make business and financial decisions but few have designed tracking system for the indicators. Even fewer are ones that include stretegic goals in defining and measuring them. It is at this point there was a need to a new model that combines financial perspective, customer perspective, internal business process perspective and learning and growth pespective. Leading companies do not stop just on gathering and analyzing data, they use obtained data to achieve concrete improvements and successfully turned strategy into action.Achieving the goals of one perspective is affecting on the achieving the goals of second one. The construction of the model begins by defining the mission, vision and strategy on the basis of which the tasks and benchmarks of four perspectives are being determined. Strategic control system needs to ensure the functioning of the organization in the future. Together with BSC, the mechanism for its realization, it should establish an organization that is healthy, balanced, efficient and effective and serves customers and its own staff. Intelligibility, simplicity and transparency are features of the BSC model recognized in world’s successful organizations. This way of thinking is more and more accepted by the small businesses.Ultimately, the conducted research, established that laid down hypothesis is accepted.