Schooley Mitchell, the largest independent cost-reduction consulting firm in North America, helps businesses cut costs and maintain stability in any economy. In times of economic growth and recession, the brand ensures that funds are used wisely, creating extra resources for its clients. By Elice Morgenson
Schooley Mitchell, the largest independent cost-reduction consulting firm in North America, helps businesses cut costs and maintain stability in any economy. In times of economic growth and recession, the brand ensures that funds are used wisely, creating extra resources for its clients.
“In bad economic times, what do companies have to do? They have to cut costs,” said Dennis Schooley, founder of Schooley Mitchell. “That is what we do, and we do not charge anything to do it; we only share in the results. We are 100% elastic to economic conditions. Even in a growth time, we make sure our clients are not paying vendors money that they could be using for business expansion, growth and revenue.”
Schooley Mitchell is able to help a business’s bottom line by reducing the costs they already incur. Additionally, payment for this service is taken from a percentage of the money saved, so businesses do not incur an extra expense. “We are creating extra resources for each of our clients that go directly to their bottom line. We end up providing funds, so they can keep that employee, buy that machine or they can start that project. They are not spending money with their vendors that they do not need to spend,” Schooley explained.
Schooley Mitchell ensures that business owners can manage the uncertainty that surrounds a recession and helps them take charge of that fear, putting the power back in their hands. “Successful people find ways to make bad economic times work in their favor,” Schooley said. “An individual may be concerned that the economic downturn is going to affect their retirement, and our message is that you can be in control of that.”
The cost-reduction consulting firm is always looking for new ways to diversify and create additional revenue opportunities for franchisees. By offering five new expense categories, Schooley Mitchell provides a total of 13 categories that can be analyzed for overspending. The new categories include truckload shipping, software as a service, unified communications, uniforms and linens and facility supplies.
Elice Morgenson