SOURCE: SIB Fixed Cost Reduction Company, LLC

SIB Fixed Cost Reduction

November 18, 2014 12:13 ET

SIB Fixed Cost Reduction Announces Agreement With Little Caesars Franchisees

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 King® 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 Caesars® 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."

About SIB Fixed Cost Reduction

SIB Fixed Cost Reduction is a firm specializing in reducing external expenses for business clients with large facilities or multiple locations, such as restaurant groups, hospitals, universities, government agencies, Fortune 500 companies, and other organizations. Unlike other consulting firms, SIB only bills based on the savings they find, and clients are not billed until savings are realized. Through expert analysis, SIB will discover if businesses have overpaid or are currently overpaying on services such as telecom, utilities, waste removal, maintenance contracts, and other recurring bills. For more information about SIB, visit their web site at www.aboutSIB.com

About the Independent Organization of Little Caesar Franchisees

IOLCF was created in 1997 to unite and promote the interests of franchisees of Little Caesars Enterprises. Little Caesars is the fastest-growing major pizza chain the United States, with more than 3,600 locations nationwide. For more information about IOLCF, visit their web site at www.IOLCF.com