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SIB Fixed Cost Reduction Announces Agreement With Little Caesars Franchisees

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

CHARLESTON, SC–(Marketwired – November 18, 2014) – SIB Fixed Cost Reduction, a company specializing in reducing recurring monthly expenses for multiple-location companies, announced today that they have partnered with the Independent Organization of Little Caesar Franchisees (IOLCF) to provide cost reduction services to their members.

“SIB’s expertise is unparalleled when it comes to finding cost savings for franchised locations like our member restaurants,” said Todd Messer, Executive Director of IOLCF. “SIB’s business model is consistent with IOLCF’s mission of leveraging group purchasing power for our members, and protecting and enhancing all our franchisees’ economic investments. This is a ‘win-win’ for IOLCF and our members, and we’re excited to be able to offer these services.”

The new partnership adds to the relationships SIB has with similar organizations such as the National Franchisee Association (NFA), through which SIB has successfully reduced costs for hundreds of Burger KingĀ® locations nationwide.

SIB will offer a wide range of cost reduction services to IOLCF members, such as negotiating better contracts for recurring monthly service expenses (including phone, internet, waste removal, utilities, maintenance contracts, and others), and by finding and correcting errors and overcharges on past bills. Little CaesarsĀ® franchisees will only pay SIB a percentage of the final, realized savings.

“We are very excited to partner with IOLCF,” said Dan Schneider, CEO of SIB. “With SIB’s benchmark pricing data from over 15,000 locations across the U.S., we will be able to create savings for members and add to the already-strong benefits that the organization provides.”