Schooley Mitchell Cost Reduction
$100,000
$68,000
194
2004
Stratford,ON
Dennis Schooley
Overview
Schooley Mitchell is North America's largest independent, risk-free expense reduction consulting franchise. From coast-to-coast in the United States and Canada, business expenses are analyzed to determine whether companies are overspending and if cost saving solutions can be found. Franchisees share in the savings when the clients' profits increase by reducing expenses.
Expense categories include telecomunications, merchant services, packaging and shipping, waste removal, fuel, utility, software services, and many others. Consultants negotiate with service providers on the clients' behalf and provide otions to the clients, allowing them to choose that which serves them best, all while optimising costs. Schooley Mitchell can work with any organization across size and industry to provide solutions and advise on cutting costs. This franchise is inflation and recession-proof since companies will always want to save money.
Franchise Unit Trends and Revenue
194
43
$267,193
* in 2022
Franchise Fees
$68,000
8.0%
Gross Sales
2.0%
Gross Sales
Why Choose Schooley Mitchell Cost Reduction?
What Sets Schooley Mitchell Apart?
- The Schooley Mitchell contingency billing model means clients only pay when savings is found. – this resonates strongly with clients.
- Schooley Mitchell and its Franchisees are completely objective and independent from any vendors so clients know their best interests are top of mind. Consultants receive no kickbacks or incentives from providers and most of the time, clients enjoy savings without changing suppliers.
- Schooley Mitchell is always innovating new systems, improving specialized tools and adding new services in order to better serve clients and help Franchisees earn more revenue.
- Schooley Mitchell Franchisees can operate successfully out of a home office, with very low overhead, and there are no territories to restrict client acquisition.
- Schooley Mitchell offers residual income, and is scalable, portable and saleable when the Franchisee is ready to retire
Starting Costs and Investment Requirements
$68,000 - $95,500
$150,000
$100,000
Training and Support
Schooley Mitchell's one-on-one training and support are unparalleled in franchising. This includes a comprehensive initial training program, and a first year coaching and mentorship program. Continuous marketing support, client relationship-building programs, and the Schooley Mitchell corporate production team with its state-of-the-art support systems, software tools, a multi-million dollar intranet environment and an innovative client protection system. Online distance learning and an annual business development conference allows Franchisees to network with other successful Franchisees.
Ideal Candidate
The ideal Franchisee will have a track record of success in any of the following areas:
- Executive, Sales, Management, Marketing, Consulting
- Strong business acumen and lifetime relationship-building skills
- Comfortable delivering advice and recommendations to decision-makers
- Aspiring or proven-entrepreneur who wants backroom support
- Can lead a client engagement and follow instructions and best practices
NOTE: No deep technical knowledge or accounting experience needed.
