Are you interested in an amazing time out with your family and/or friends that includes an exciting atmosphere, incredible entertainment, and great food/drink options, all at an affordable price? Then check out an ECHL game. With 28 teams in 20 states and two Canadian provinces, chances are there’s a great experience waiting for you pretty close to home.
If your company is involved in life science research and you need to easily access assays, products, and other tools that are essential to your work, ALPCO is the company to trust. They’ve been developing and distributing the highest quality life science solutions for over 30 years.
If you are a sports fan looking for that signature item to add to the room in your home dedicated to your fandom, DASH is the best place to find it. Whether it’s a signed specialty jersey, a used piece of equipment, a custom poster, or even something you’d never think of, DASH makes it so easy to get in on the bidding, even if you’re nowhere near the stadium/arena.
Founded in 1952, Wesco is a family owned and operated chain of 54 convenience stores based in Muskegon, Michigan. It also owns and operates a private distribution center, a bulk fuel and propane business, a private label deli and bakery operation, and six Subway locations.
Join Zawyer Sports & Entertainment on its journey of advancing teams, facilities and brands to their fullest potential! Check out its website for a full listing of teams and events.
At Schooley Mitchell’s annual conference in Montego Bay, Jamaica, Rich Bello received the award for Good News Contributor (2023). Congratulations Rich and thank you for all the hard work you do!
Looking for a convenience store with fast, friendly service when you’re out and about? Then fill up at a Wesco location today! It has a great selection and even better prices at more than 50 locations in the Michigan area.
Many of us have crossed our fingers in hopes that inflation wouldn’t be a long-term consequence of the tumultuous global economy. However, it seems the verdict is in on inflation; it’s here to stay, and we will be feeling its effects for several years.
So, as a business owner, what do you do? How do you adjust your plans – which have already likely faced a lot of changes in the past three years – to account for climbing, potentially unpredictable, inflation rates?
There are wrong answers.
You can make decisions that might pad your bottom line initially but, at the end of the day, aren’t in your business’ best interest. You can upset your customers by raising prices, upsetting your investors – or your own bank account – by cutting margins, or upset practically everyone by cutting corners to cut costs. The latter option potentially includes layoffs, which lead to understaffing, an issue that can be fatal for many businesses.
Most owners will ultimately resort to raising prices, then look for clever ways to mitigate the fallout. And, while this might be the decision that keeps your business afloat, it’s not your best option.
Focus on your indirect operational expenses instead.
Indirect expenses are costs not associated with your cost of goods sold or labor; this includes cost categories like telephone and internet, credit card processing, waste disposal, facility supplies, uniforms, and more. Altogether, indirect costs can represent around 15% of your business’ operating budget.
Indirect cost procurement is the process of finding sustainable reductions to these costs; meaning the reductions increase your bottom line without impacting your business’ operations.
If my experience as a cost reduction expert has taught me anything, it’s that far too many business owners take their indirect expenses at face value, because they simply don’t have the time or resources to do the necessary investigation and negotiation to reduce them. But freeing up any of your funds is critical as inflation persists and could be the difference between your business operating profitably.
Schooley Mitchell reduces these expenses by an average of 28%.
Schooley Mitchell ensures businesses and organizations are getting the best services at the best price – all while identifying billing errors, eliminating redundancies, and improving efficiency. We leverage proprietary software, best-in-class pricing databases and long-standing relationships with service providers to find savings, and monitor your accounts on an ongoing basis so they remain optimized.
Schooley Mitchell’s work is based on a symbiotic, mutually beneficial model – we are driven by producing results for our clients and have no ties to vendors or service providers. Our fees are self-funded by a portion of the savings we find – no savings, no charge to you.
As a Schooley Mitchell consultant, my job is to spend the time and resources reducing your indirect operational expenses, so you don’t have to.
Instead of cutting staff or services in the face of rising inflation, give me a call, and let’s talk about a risk-free way of protecting your business’ bottom line.
In this video, Schooley Mitchell Strategic-Partner Rich Bello shares what he’s most excited for when it comes to his new business.