OUR LATEST INSIGHTS

Up to date, high-level business information that is relevant to our clients and contacts, helping keep up to date on the ver-changing business world of today.

Ian Nairn / April 24, 2023

dfedor – Manufacturing Savings

IS YOUR MANUFACTURING BUSINESS BEING OVERCHARGED FOR VITAL BUSINESS SERVICES?

Your team has more important things to do than conducting thorough audits of your expenses. Thankfully, that’s what Schooley Mitchell does, all day, every day. We optimize your expenses so you can focus on doing what you do best – manufacturing quality products.

At Schooley Mitchell, we’re entirely independent. Our consultants don’t accept kickbacks or incentives from service providers, and our process is completely risk-free. In fact, we’re so confident in our ability to generate savings for our clients, we’ve based our business model on that very fact. If we can’t deliver on savings, we don’t get paid.

Waste

How predictable is your waste every month?

Variability in your waste from month-to-month makes a big difference to certain service providers.

Is your container size and collection frequency optimized?

Finding a provider that is both cost effective and meets your needs can be challenging.

Are your waste disposal fees changing frequently over the course of the year?

A professional audit of your expenses can get to the bottom of it.

Merchant Services

Do you reference the "effective rate" to evaluate how competitive your processing fees are?

A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.

Do you know how your current processing environment impacts your processing fees?

How you process payments and capture data can have a big impact on your monthly fees.

Have you asked your processor to provide you an "interchange-plus pricing" quote?

This pricing structure is often the least expensive and most transparent option.

Telecom

Have you conducted a recent usage audit across your telecommunications system?

In many cases, we find inefficiencies and redundancies in the number of lines and features.

Have you considered moving to a Voice over IP platform?

Cloud based telecommunications systems typically provide unique features at lower costs.

Do you know when your current plan automatically renews?

Companies typically only have a 30-day window to make changes to their current contract.

Shipping

Have you considered splitting your shipping business across multiple vendors?

Vendors tend to specialize in certain areas so playing to their unique strengths can reduce your overall costs.

Are you paying for unnecessary delivery guarantees?

Being more flexible on delivery times can significantly reduce your costs.

Do you review your monthly statements to ensure the correct charge codes are used?

Charge codes can be very confusing and require a detailed review to ensure you are being charged correctly.

Ian Nairn / April 24, 2023

dfedor – Professional Services

IS YOUR FIRM BEING OVERCHARGED FOR VITAL BUSINESS SERVICES?

Waste

How predictable is your waste every month?

Variability in your waste from month-to-month makes a big difference to certain service providers.

Is your container size and collection frequency optimized?

Finding a provider that is both cost effective and meets your needs can be challenging.

Are your waste disposal fees changing frequently over the course of the year?

A professional audit of your expenses can get to the bottom of it.

Merchant Services

Do you reference the "effective rate" to evaluate how competitive your processing fees are?

A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.

Do you know how your current processing environment impacts your processing fees?

How you process payments and capture data can have a big impact on your monthly fees.

Have you asked your processor to provide you an "interchange-plus pricing" quote?

This pricing structure is often the least expensive and most transparent option.

Telecom

Have you conducted a recent usage audit across your telecommunications system?

In many cases, we find inefficiencies and redundancies in the number of lines and features.

Have you considered moving to a Voice over IP platform?

Cloud based telecommunications systems typically provide unique features at lower costs.

Do you know when your current plan automatically renews?

Companies typically only have a 30-day window to make changes to their current contract.

Shipping

Have you considered splitting your shipping business across multiple vendors?

Vendors tend to specialize in certain areas so playing to their unique strengths can reduce your overall costs.

Are you paying for unnecessary delivery guarantees?

Being more flexible on delivery times can significantly reduce your costs.

Do you review your monthly statements to ensure the correct charge codes are used?

Charge codes can be very confusing and require a detailed review to ensure you are being charged correctly.

Compressed Gases

Do you think your compressed gases expenses are written in stone?

Commodity markets can be complex and confusing, making it difficult for business owners and managers to navigate.

Are you certain there are no billing errors in your invoices?

There are opportunities to optimize pricing structures and recover billing errors.

Are you receiving all tax benefits available to you?

Your business might be missing out on significant savings opportunities.

Case Study

The Client:

Signs a Service Agreement that covers our business terms
Provides us with bills, or online access to their accounts, so we can establish a baseline of their current rate structure
Signs a letter of agency, so we can negotiate with their current vendors
Describes their current processing environment

Schooley Mitchell:

Uses our benchmarking data to research options nad negotiates better pricing for the client
Requests, reviews, and validates competitive quotes from other processors
Negotiates with the current vendor for a re-rate
Compiles our research and recommendations into a Value Report
Assists with the cancellation of services if needed
Assists with compliance standards
Implements pricing and changes
Confirms the new price 30 days after implementation

Client A:

An attorneys office, with an average annual revenue between $1 to $5 million. Their pain points included:

Very poor service experience from incumbent phone system provider left them without phones for multiple employees with no clear path forward to close gap
Concerned costs for overnight document shipping were out of line with no ability to compare to the broader market
Limited time to investigate phone providers and shipping costs and no market data to use while negotiating

Client A sought Schooley Mitchell’s marketplace intelligence and expertise to assist with a phone transition and to save money across essential services.

Schooley Mitchell's Solution:

Reduced shipping, data/internet, and waste removal costs with no vendor change
Coordinated transition of phone system to a modern platform, added needed phone, and reduced phone system spend

Annual Savings:

44.4%

SHIPPING

55.5%

INTERNET

29%

VOICE

32.8%

SHREDDING

Ian Nairn / April 21, 2023

mullen – Washington, District of Columbia

Contact Us

When it comes to saving money for your business, the best time to start is right now. Reach out today for a risk-free analysis of your business expenses.

Schooley Mitchell saves our clients an average of 28%, and our entire process takes less than two hours of your time on average. Stop paying your vendors more than you need to. Let Schooley Mitchell put that money back in your pocket.

Ian Nairn / April 21, 2023

smullen – Durham, North Carolina

Contact Us

When it comes to saving money for your business, the best time to start is right now. Reach out today for a risk-free analysis of your business expenses.

Ian Nairn / April 19, 2023

lfitts – EnSo

Schooley Mitchell services are a perfect fit for Enso clients

Your business is always looking for new ways to save money and create new revenue streams, without making cuts to your staff or services. Enso has helped you apply for valuable R&D tax credits – now, let Schooley Mitchell help reduce your vital businesses expenses. On average, we deliver savings of 28% for our clients.

The best part? Our services are completely self-funded from a portion of the savings we achieve. Meaning, if we don’t find any savings, our services come at no cost.

Ian Nairn / April 18, 2023

bstradtmann – Referral Calculator

Referral Partnerships are the easiest way for professionals to support each other.

Strong business communities thrive because of trusted partnerships.

Referral partnerships are one of the simplest ways for professionals to help others, while helping themselves.

The process is easy! If you or someone you know, would be interested in referring others to my business, you'll make a percentage commission every time I successfully find those businesses savings.

You help my business grow, help another business become more profitable, and in return, you're earning a residual income.

It's a win for everyone involved!

Ben Stradtmann

Fort Mill, South Carolina

P: 980-395-4329

Company Revenue:

Annual Expenses as a % of revenue:

30%

% of Expenses Addressable By Schooley Mitchell:

15%

Average % Savings to Client:

28%

Client Annual Expenses:

$4,500,000

Expenses Addressable by Schooley Mitchell:

$675,000

Client Annual Savings:

$189,000

Client Realized Savings Over 36 Month contract:

$567,000

Client Shares Saving with Schooley Mitchell:

$283,500

Production Fees:

$113,400

Referral Fee %:

10%

Total Paid to Referral Partner over 36 Months:

$17,010.00

Referral Partner Monthly Revenue:

$472.50

* These calculations are for example purposes and may not represent actual revenue amounts.

Ian Nairn / April 18, 2023

lmcdowell – Referral Calculator

Referral Partnerships are the easiest way for professionals to support each other.

Strong business communities thrive because of trusted partnerships.

Referral partnerships are one of the simplest ways for professionals to help others, while helping themselves.

The process is easy! If you or someone you know, would be interested in referring others to my business, you'll make a percentage commission every time I successfully find those businesses savings.

You help my business grow, help another business become more profitable, and in return, you're earning a residual income.

It's a win for everyone involved!

Lori McDowell

Humble, Texas

P: 832-827-7534

M: 281-740-2865

Company Revenue:

Annual Expenses as a % of revenue:

30%

% of Expenses Addressable By Schooley Mitchell:

15%

Average % Savings to Client:

28%

Client Annual Expenses:

$4,500,000

Expenses Addressable by Schooley Mitchell:

$675,000

Client Annual Savings:

$189,000

Client Realized Savings Over 36 Month contract:

$567,000

Client Shares Saving with Schooley Mitchell:

$283,500

Production Fees:

$113,400

Referral Fee %:

10%

Total Paid to Referral Partner over 36 Months:

$17,010.00

Referral Partner Monthly Revenue:

$472.50

* These calculations are for example purposes and may not represent actual revenue amounts.

Ian Nairn / April 18, 2023

fcarter – Referral Calculator

Referral Partnerships are the easiest way for professionals to support each other.

Strong business communities thrive because of trusted partnerships.

Referral partnerships are one of the simplest ways for professionals to help others, while helping themselves.

The process is easy! If you or someone you know, would be interested in referring others to my business, you'll make a percentage commission every time I successfully find those businesses savings.

You help my business grow, help another business become more profitable, and in return, you're earning a residual income.

It's a win for everyone involved!

Fred Carter

Akron, Ohio

P: 330-708-2944

Company Revenue:

Annual Expenses as a % of revenue:

30%

% of Expenses Addressable By Schooley Mitchell:

15%

Average % Savings to Client:

28%

Client Annual Expenses:

$4,500,000

Expenses Addressable by Schooley Mitchell:

$675,000

Client Annual Savings:

$189,000

Client Realized Savings Over 36 Month contract:

$567,000

Client Shares Saving with Schooley Mitchell:

$283,500

Production Fees:

$113,400

Referral Fee %:

10%

Total Paid to Referral Partner over 36 Months:

$17,010.00

Referral Partner Monthly Revenue:

$472.50

* These calculations are for example purposes and may not represent actual revenue amounts.

Ian Nairn / April 18, 2023

jholmes – Referral Calculator

Referral Partnerships are the easiest way for professionals to support each other.

Strong business communities thrive because of trusted partnerships.

Referral partnerships are one of the simplest ways for professionals to help others, while helping themselves.

The process is easy! If you or someone you know, would be interested in referring others to my business, you'll make a percentage commission every time I successfully find those businesses savings.

You help my business grow, help another business become more profitable, and in return, you're earning a residual income.

It's a win for everyone involved!

Jordan Holmes

Piedmont, South Carolina

P: 864-200-2031

Company Revenue:

Annual Expenses as a % of revenue:

30%

% of Expenses Addressable By Schooley Mitchell:

15%

Average % Savings to Client:

28%

Client Annual Expenses:

$4,500,000

Expenses Addressable by Schooley Mitchell:

$675,000

Client Annual Savings:

$189,000

Client Realized Savings Over 36 Month contract:

$567,000

Client Shares Saving with Schooley Mitchell:

$283,500

Production Fees:

$113,400

Referral Fee %:

10%

Total Paid to Referral Partner over 36 Months:

$17,010.00

Referral Partner Monthly Revenue:

$472.50

* These calculations are for example purposes and may not represent actual revenue amounts.

Ian Nairn / April 18, 2023

niponneil – Referral Calculator

Referral Partnerships are the easiest way for professionals to support each other.

Strong business communities thrive because of trusted partnerships.

Referral partnerships are one of the simplest ways for professionals to help others, while helping themselves.

The process is easy! If you or someone you know, would be interested in referring others to my business, you'll make a percentage commission every time I successfully find those businesses savings.

You help my business grow, help another business become more profitable, and in return, you're earning a residual income.

It's a win for everyone involved!

Larry Nipon

Hillsdale, NY

P: 518-851-1706

Michael Neil

Yardley, PA

P: 215-610-6200

Company Revenue:

Annual Expenses as a % of revenue:

30%

% of Expenses Addressable By Schooley Mitchell:

15%

Average % Savings to Client:

28%

Client Annual Expenses:

$4,500,000

Expenses Addressable by Schooley Mitchell:

$675,000

Client Annual Savings:

$189,000

Client Realized Savings Over 36 Month contract:

$567,000

Client Shares Saving with Schooley Mitchell:

$283,500

Production Fees:

$113,400

Referral Fee %:

10%

Total Paid to Referral Partner over 36 Months:

$17,010.00

Referral Partner Monthly Revenue:

$472.50

* These calculations are for example purposes and may not represent actual revenue amounts.

OUR LATEST INSIGHTS

Up to date, high-level business information that is relevant to our clients and contacts, helping keep up to date on the ver-changing business world of today.

dfedor – Manufacturing Savings

IS YOUR MANUFACTURING BUSINESS BEING OVERCHARGED FOR VITAL BUSINESS SERVICES?

Savings Delivered

Security Systems Manufacturer

$76k

Shipping Expenses

Custom Sign Manufacturer

$21k

Telecom Savings - Plus $7k found later during post-audit

HVAC Systems Manufacturer

40%

Waste Expenses

Hazardous Waste Containment Manufacturer

$120k

Annual Merchant Service Expenses

Waste

How predictable is your waste every month?

Variability in your waste from month-to-month makes a big difference to certain service providers.

Is your container size and collection frequency optimized?

Finding a provider that is both cost effective and meets your needs can be challenging.

Are your waste disposal fees changing frequently over the course of the year?

A professional audit of your expenses can get to the bottom of it.

Merchant Services

Do you reference the "effective rate" to evaluate how competitive your processing fees are?

A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.

Do you know how your current processing environment impacts your processing fees?

How you process payments and capture data can have a big impact on your monthly fees.

Have you asked your processor to provide you an "interchange-plus pricing" quote?

This pricing structure is often the least expensive and most transparent option.

Telecom

Have you conducted a recent usage audit across your telecommunications system?

In many cases, we find inefficiencies and redundancies in the number of lines and features.

Have you considered moving to a Voice over IP platform?

Cloud based telecommunications systems typically provide unique features at lower costs.

Do you know when your current plan automatically renews?

Companies typically only have a 30-day window to make changes to their current contract.

Shipping

Have you considered splitting your shipping business across multiple vendors?

Vendors tend to specialize in certain areas so playing to their unique strengths can reduce your overall costs.

Are you paying for unnecessary delivery guarantees?

Being more flexible on delivery times can significantly reduce your costs.

Do you review your monthly statements to ensure the correct charge codes are used?

Charge codes can be very confusing and require a detailed review to ensure you are being charged correctly.

Explore Our Services

Debbie Fedor

Strategic-Partner

Schedule A 30-Minute Introductory Call

dfedor – Professional Services

IS YOUR FIRM BEING OVERCHARGED FOR VITAL BUSINESS SERVICES?

Savings Delivered

Legal Practice

53%

Telecom Expenses

Accounting Practice

$44k

Payment Processing, Telecom, eSignature & Shredding

Litigation Attorney

36%

Small Package Shipping Expenses

Accounting Practice

70%

Merchant Services Fees

Waste

How predictable is your waste every month?

Variability in your waste from month-to-month makes a big difference to certain service providers.

Is your container size and collection frequency optimized?

Finding a provider that is both cost effective and meets your needs can be challenging.

Are your waste disposal fees changing frequently over the course of the year?

A professional audit of your expenses can get to the bottom of it.

Merchant Services

Do you reference the "effective rate" to evaluate how competitive your processing fees are?

A blended pricing structure makes it more difficult to fully understand all the factors impacting your fees.

Do you know how your current processing environment impacts your processing fees?

How you process payments and capture data can have a big impact on your monthly fees.

Have you asked your processor to provide you an "interchange-plus pricing" quote?

This pricing structure is often the least expensive and most transparent option.

Telecom

Have you conducted a recent usage audit across your telecommunications system?