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SIB Joins with Dining Alliance to Cut Costs for Thousands of Restaurants

Publication: Yahoo! Finance Published: February 14, 2012 Full Article

Charleston, SC (February 15, 2011)—SIB Development & Consulting, a company that helps businesses save money on their recurring expenses, today announced it will join with Dining Alliance, one of the oldest foodservice purchasing organizations in the United States, to save restaurants money on their regular monthly bills.

Dining Alliance, and its subsidiary Consolidated Concepts, combines the purchasing power of more than 13,000 customers to ensure the lowest possible food prices and highest possible manufacturer rebates. The new alliance with SIB Development and Consulting will make it possible for those 13,000 customers to save money on their regular recurring monthly expenses as well.

SIB helps restaurants save money by negotiating better contracts for recurring monthly service expenses (phone, Internet, garbage, utilities, hardware and software maintenance contracts, and others), and by finding and correcting errors and overcharges on past monthly bills. SIB’s clients only pay after they have realized actual monthly savings.

“Restaurant owners—especially multi-unit operations–do not have the time or in-house expertise to find billing errors and to understand the best prices and plans available for their monthly services,” says SIB Founder Dan Schneider. “Not only can we help find and correct complex billing errors, we can benchmark what businesses are paying with what we know are the best available rates and plans on the market. We have a 98% success rate. And we are thrilled to be able to work with Dining Alliance to help their customers realize significant savings.”

“This really is a perfect fit,” said Dining Alliance President John Davie. “Combining our purchasing power and expertise on the food-buying side with SIB’s knowledge and skill on the fixed monthly costs side is a one-two punch that will help thousands of restaurants save millions.”

About SIB Development & Consulting

SIB Development & Consulting, Inc. provides access to industry experts in a multitude of fields to reduce expenses and recoup previous overpayments. Unlike other consulting firms, SIB’s business model allows them to bill based only on a percentage of the savings they find.

Through expert analysis, SIB will discover if businesses have overpaid or are currently overpaying on phone, Internet, garbage, utilities, hardware and software maintenance contracts, and other recurring bills.

SIB offers a $25,000 performance guarantee for new clients with a minimum of 10 locations or 200 employees. If SIB cannot find $25,000 in savings the first year, it will pay for the difference.

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About Dining Alliance

Dining Alliance was founded in 1998 when several foodservice owners decided to get together around a table and collaborate on how to get prices similar to the largest, national operators. These owners worked for over a year before any significant savings were achieved. Each new city still starts the same way. Today members can see consistent savings of greater than 10% or tens of thousands of dollars.

After 12 years, there are over 13,000 locations across the country and high concentrations of members in Atlanta, Boston, Buffalo, Baltimore, Pittsburgh, Phoenix, Rochester, Saratoga Springs/Albany, Seattle, Syracuse and Washington, DC. Dining Alliance is one of the oldest and most successful foodservice purchasing organizations in the industry.

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