SOUTHBURY, CT -- (Marketwire) -- 11/01/12 -- Business owners can often times create a culture of giving within a company, according to Expense Reduction Coaching® experts in the Southbury area. They can get their staff to rally around a favorite charity, support an employee who is going through a tough time, or even work overtime to reach a pre-defined goal. With solid leadership and effective communication, most employees will step up when they know the end-goal is important. However, few companies work toward building a common culture that truly affects the bottom line -- the cost of doing business.
"Reducing the cost of doing business will not just decrease expenses; it will increase a company's cash flow," says Brian Miller, COO of Expense Reduction Coaching® (ERC). "Why not create a culture of cost cutting within the mindset of all employees that allows for all eyes to be on the bottom line, not just a few."
Many business owners want to find ways to cut costs but don't have the time, energy or manpower to do it. ERC experts suggest that business owners look outside for professional cost cutting experts trained in expense reduction to help create a sustainable cost reduction program within a company.
"Long-standing relationships and inadequate oversight are the primary reasons for the gradual increase in costs for most businesses," says Miller. "Most business owners are not asking the right questions of their vendors on programs that are rather costly, such as healthcare."
When the entire employee base is conscious of spending, serious reductions can be made in a number of indirect company expenses: office supplies, telecommunications, insurance, staffing, printing, maintenance contracts and professional services.
As cost-cutting experts, ERC coaches are highly-trained to help business owners create a culture of cost reduction by helping them understand the benefits of analyzing their expenses, negotiating or re-negotiating with suppliers and rewarding those whose participation truly results in long term sustainable savings.
ERC's cost reduction program has been in use since 1993 and has been directly responsible for generating significant savings for corporate clients in many industries, according to Miller.
For more information about Expense Reduction Coaching®, please visit www.ercsaves.com.
About Expense Reduction Coaching®
Expense Reduction Coaching (ERC) has been in business since 1993 and is directly responsible for generating significant operational savings for corporate clients in many industries. ERC targets indirect and consumable expense categories and identifies the most common profit leaks. ERC's goal is to negotiate and generate long term savings while using their client's existing and alternative sources. ERC is ranked on the prestigious Entrepreneur Magazine's 2012 Annual Franchise 500 list. ERC is a business coaching brand of Franchise Source Brands International (FSBI). To learn more about Expense Reduction Coaching visit www.ercsaves.com
Expense Reduction Coaching® is a registered trademark of ERC Franchising, LLC. All rights reserved.
Cynthia L. Schick
Most Popular Stories
- Airport Garners Social Media Award
- World Bank: Rich Countries Must Curb Emissions
- Intel Working on Smartwatch; Mum on Possible Apple Link
- Patriots' Aaron Hernandez Questioned in Slaying
- Social Media Campaign Increases Organ Donor Registrations
- Using Acids to Unlock Shale Oil OK, Regulator Says
- Amazon Doesn't Need Tax Breaks but Gets Offered Millions
- Banks Don't Follow Rules in Mortgage Settlement
- Tea Party Wants to 'Audit the IRS'
- Fed Will Keep Buying Bonds for Now; Markets Dip