Every company is faced by the same dilemma: how to generate more than enough income to cover operating costs. Income depends above all on the market, whereas costs depend on the company itself.
Finding the exact formula for reducing a company´s costs is a less complicated challenge if based on a well-defined strategy. Becoming better acquainted with the processes, the organizational structure, the information technology being used, the controls, the information systems and the costs incurred all along the production chain will help (considerably) when dealing with this task.