Cost Reduction Analysis
Imagine what you could do with thousands of dollars added to your bottom line. Our cost reduction analysis identifies all the ways to save your business money. See how to reduce cost and immediately increase cash flow.
Cost Savings: Rapid, Significant Impact
If you operate on a 10% cash flow margin, then every $1 in cost savings is worth the same as $10 of revenue. In other words, if Simple were to identify $10,000 in cost savings during your cost reduction analysis, you would need to increase sales by $100,000 to achieve the equivalent increase in cash flow.
Simple Business Solutions generates thousands of dollars in annual cost savings for small businesses. Simple's cost reduction experts perform your comprehensive expense reduction analysis with no guarantee of compensation. Simple earns its share of the cost savings only when realized by your business.
Cost Reduction Results: $36,000 in annual savings
eCommerce business in Ohio
How to Reduce Cost: The Cost Reduction Process
- Compile Business Expense Statements
Simple identifies your business operating expenses and gathers information required to complete a comprehensive cost reduction analysis.
- Analyze Operating Expenses
To maximize cost savings, Simple Business Solutions analyzes all aspects of your business overhead, including, but not limited to:
- Marketing + Advertising Expenses
- Telecommunications Expenses
- Merchant Services Fees
- Office Machine Expenses (Printers, Copiers, etc.)
- Insurance Costs
- Human Resources Administration Costs
- Retirement Plan Administration Expenses
- Finance + Accounting Costs
- Commercial Property and Leaseholder Improvement Costs
- Waste & Recycling Costs
- Freight Costs
- Present Identified Cost Savings and Expense Reduction Recommendations
Upon completion of the cost reduction analysis, Simple Business Solutions will meet with you to review the identified cost savings and provide a plan for implementing the cost reduction recommendations.
- Implement Cost Reduction Analysis Recommendations
Simple will assist you in acting on these cost savings opportunities. In many cases, you can appoint Simple Business Solutions to act on your behalf to implement them.
Cost Reduction Results: $18,000 in annual savings
Furniture and Interior Design Firm in Arkansas
Ways to Save: Simple Cost Reduction Strategies
Simple’s cost reduction strategies go far beyond conducting a competitive bidding process. Our methodology to reduce costs is far more intense, precise, and detailed. Simple identifies cost savings through these methods, including, but not limited to:
- Process, system, or technological improvements:
Simple looks at how processes & procedures can be made more efficient, increasing your productivity
- Behavior modifications:
Simple studies how products and services are used and recommends ways to save money
- Correction of billing errors:
Simple identifies and corrects billing errors, then requests credits
- Elimination of overcharges and/or unnecessary services:
Simple eliminates waste by identifying what you actually use
- Rate reductions from current providers:
Simple works with you to keep your current providers competitive
- Savings from alternate providers:
Simple helps you select and manage the best providers for your business in terms of service, quality and cost
Cost Reduction Results: 43% annual savings
501(c)(3) Organization in California
Beat the Cash Flow Crunch
Simple's expense reduction experts perform your comprehensive cost reduction analysis with no guarantee of compensation. Simple earns its share of the cost savings only when realized by your business. Imagine what you could do with all that money added to your bottom line...
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