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 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.

How to Reduce Cost: The Cost Reduction Process

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.

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 and advertising expenses
  • Telecommunications expenses (landline, mobile, data/internet)
  • Merchant services fees (a.k.a. credit card processing fees)
  • Insurance costs
  • Office machine expenses
  • Retirement plan administration costs
  • Waste and recycling costs

Present 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:

Reasons to Use Our Expense Reduction Consulting Firm
  1. You may think that conducting a competitive bidding process is all an expense reduction firm does to reduce costs. Actually, our expense reduction methodology to reduce costs is far more intense, precise, and detailed. We identify cost cuts through a variety of methods, not all of which require a change in service provider or vendor.

  2. Our extensive due diligence process triangulates the best suppliers by balancing quality, reliability, and cost of ownership. The supplier with the least expensive cost may fail horribly in terms of quality or reliability -- the old adage "You get what you pay for" is true. Likewise, the supplier with the highest level of quality and reliability may charge a substantial premium for its service, while an alternative provider may offer a similar level of quality and reliability at a more competitive cost of ownership. Our cost reduction consultants continually scan the marketplace to identify and vet the best suppliers.

  3. Cost cutting recommendations do not always require supplier changes to implement. If you are happy with an existing supplier relationship, or if there are other business reasons why you desire to remain with a current supplier, our cost saving recommendations may be implemented by renegotiating with the current supplier.

  4. Our cost reduction consultants help you quickly implement the cost cutting recommendations. The faster the implementation, the sooner your cash flow will increase.

  5. Our compensation is tied to your success. We earn based on the amount of cost savings identified for your business.
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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