One of the popular buzzwords quoted in corporate investor meets and annual reports in recent times have been ‘Sustainable’.

Over 93% of CEOs see sustainability as necessary for their company’s future. Sustainability has moved from being just an ‘add-on’ into ‘that’s how we do things here.’ 

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Any business has to incur a mix of fixed and variable expenses. If you are running a restaurant business, you will have expenses like salaries and rent that you incur irrespective of the number of open days and customers’ footfall. Expenses on food item purchases, however, would vary on the scale of business. 

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All organizations, irrespective of their industry, have a vision. This vision is often fueled by the organizations’ financial position. An effective quality control system ensures  that a company’s financial position is strong and helps it ascend the trajectory of success. This also assists businesses ensure customer satisfaction, build a strong brand image, and improve their processes.

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