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SIB Fixed Cost Reduction Announces Agreement With Dunkin’ Donuts Franchisees

Publication: Market Wired Published: August 19, 2016 Full Article

CHARLESTON, SC–(Marketwired – December 01, 2014) – ┬áSIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that they have launched a new project with the Dunkin’ Donuts Independent Franchise Owners (DDIFO) to provide cost reduction services to their members.

“SIB has a stellar track record cutting overhead expenses for franchised businesses, especially in the foodservice sector,” said Ed Shanahan, Executive Director of DDIFO. “Their expertise is top notch, and we are confident that our members will derive significant cost savings and increased profitability from SIB’s services.”

Under the new arrangement, DDIFO will work with SIB to offer a wide range of a la carte services to their thousands of member stores nationwide. SIB will identify savings for franchisees by negotiating better contracts for recurring monthly service expenses (such as phone, internet, waste removal, utilities, maintenance contracts, and others), and by finding and correcting errors and overcharges on past bills. Dunkin’ Donuts franchisees will only pay a percentage of the final, realized savings.

“We are very excited to work with DDIFO,” said Dan Schneider, CEO of SIB. “They have a long track record of advocating for the best interests of their member franchisees, and working with SIB will expand the benefits DDIFO can provide. On a side note, SIB’s team of analysts has long been fueled by Dunkin’ Donuts and their great coffee, so this relationship is only natural.”