Friday, August 24, 2007
Operational Cost Management Requires A Systematic Approach
Cost-cutting practices need to be clear and consistent. Executives need to find the time to actively review expenses, pinpoint areas for cost reductions and mold staff behavior into a pro-active stance that reflects leadership and intuitive thinking. Should the time or the resolve be lacking for these measures, it might be wise to consider a cost management consultant to expertly manage the situation.
First, you must ask yourself what a consultant might actually do for your company, then you must determine whether the operational cost savings will justify the consultant’s fees. Next, how will that fee be paid? Will it be a fee for service or a contingency arrangement? Equally important is checking the consultant’s track record of success in dealing with a company of your size and verifying their independence from any of your suppliers. Once you have selected a knowledgeable consultant, be sure to review together your company’s goals and needs so there is a full understanding. A quality cost management consultant should be able to provide the systematic approach that is so important in managing your operational costs. Under proper conditions, this can become one of your most predictable and manageable profit centers.
Contact ERA Today! For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net/.
Friday, August 17, 2007
Cost-Cutting…the Hidden Gem of Profitability
Every smart business searches for creative ways to become more profitable. One of the most overlooked profit opportunities, however, lies hidden within a company’s operating costs. Even businesses that stress prudent management of their costs typically overpay by as much as 75% for materials, equipment and services. Clearly, cost reduction management has a valuable role in every company’s bottom line. It begins with diligently questioning the demand for the product or service to be purchased. Is it a strategic or an operational cost? Can you eliminate the need altogether? Is it worth paying more for additional quality? Equally important is the manner in which you build key supply relationships. Never base that relationship on blind trust or, conversely, take a strictly adversarial stance. Try to identify excessive margins in the supplier’s pricing and don’t be afraid to negotiate so you get only what you need. At the same time, suppliers should be treated as partners in an atmosphere of mutual cooperation.
Above all, there must be clear lines of accountability for managing operational costs within your organization. Whomever you hold accountable should have the authority and capacity to act for the entire company, and their key performance indicators should be spelled out in their contracts. You must be completely confident that the person or people entering into contracts with suppliers have adequate market knowledge and negotiating experience. If there are particular costs that you cannot attribute to a particular person’s responsibility, you have probably identified potential areas of cost-cutting and, consequently, profit opportunities.
Remember…never assume that you are properly managing your operational costs. Complacency such as that keeps you from achieving satisfactory results. At ERA, for every $1 million of costs under management we put an average of $200,000 back to our clients’ bottom line. Isn’t that kind of money worth more than a mere assumption?
Contact ERA Today! For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net/.
Monday, August 6, 2007
Free ERA Teleseminar Will Emphasize Franchise Opportunities for Financial Independence
Marylou Garcia, the ERA Area Developer for Los Angeles and Orange County, and Ken Hagerstrom (CEO of ERA-USA), will conduct the seminar, which will highlight the various benefits of the most exciting white-collar franchise opportunity available today. The informative, quick-paced seminar will show attendees how to tap into greater earning potential, gain more control and balance in work and personal life, achieve self-employed independence, receive recognition for achievements and take advantage of the support and structure of a successful business network.
“This will be a real eye-opening event for accomplished professionals who want to take control of their earnings and learn how to arm themselves with the tools of success,” said Garcia. “It’s a perfect opportunity for people who are tired of making money for others with their special, valuable skills. We want to demonstrate how you can put those skills to use to generate solid income for years to come by owning a franchise that offers a service all companies need. Best of all, it’s a successful, proven formula that we use.”
To sign up on the attendance list for one of these professionally stimulating ERA seminars, visit www.erala.net/T1/seminart1.html. Registration is limited, so interested professionals are encouraged to sign up quickly. For more information about the exciting opportunities available through Expense Reduction Analysts (ERA), visit www.erala.net or call Marylou Garcia at (310) 791-5570 or e-mail her at mgarcia@era-usa.com. ERA franchises include over 600 consultants in 23 different countries around the world. These consultants have been highly successful helping companies to reduce waste and improve profitability.
Tuesday, July 10, 2007
ERA Thrives in All Types of Economic Climates
“That’s what is so great about ERA,” says Marylou Garcia, ERA Area Developer for greater Los Angeles and Orange County. “Your services are constantly in demand. No matter the state of the economy or the caprices of a certain industry, your clients are always eager to utilize someone who can help them save money.”
Contact ERA Today!
For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net.
Thursday, July 5, 2007
Our Training Builds Confidence, Breeds Success
Contact ERA Today!
For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net.
Monday, July 2, 2007
ERA Consultants Turn Customer Savings Into Personal Profits
Contact ERA Today!
For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net.
Monday, April 30, 2007
Want to Run Your Own HIGHLY Successful Consulting Business?
This is your opportunity to own a recession-resistant business which offers a unique service that EVERY large and small organization desperately needs. What’s more, there’s no real competition — AND it offers you the opportunity to earn an exceptionally lucrative income. The opportunity — an Expense Reduction Analysts franchise.
EVERY Business Needs It!
Today, the number one challenge that most companies face is HIGH operating costs. Organizations spend hundreds of billions of dollars each year on everyday business operating costs. Most companies (even the very efficient ones) are overpaying by as much as 57%— in many cases, $200,000 or more.
And most simply don’t possess the manpower or the specialized skills to constantly monitor, benchmark and keep control of these costs. That’s why ERA’s services are in such high demand.
As an ERA Consultant you will help clients realize extra profit quickly by implementing our proven cost reduction strategies AND also by tapping into our proprietary software, extensive library, and powerful analytic tools. In a nutshell, you reduce their company’s business operating expenses and SAVE them considerable sums of money which are injected directly into their bottom line.
From one consultant in its inception in 1992, ERA has grown to 500 consultants worldwide operating in 20 countries today. ERA is now a world leader in the reduction of business operating expenses. Now you can be part of this astounding success story.
Recession Resistant!
In a thriving economy, growing organizations desperately need to keep control of their rapidly rising costs. AND in a recession, the first thing businesses look to address is to reduce their business operating costs.
So — no matter what the state of the economy, there is ALWAYS a need for ERA’s unique cost cutting and management processes. Now you can tap into this booming market and share in the exciting income potential.
Contact ERA Today!
For more information, contact Marylou Garcia, ERA Area Developer for Los Angeles and Orange County: 310-791-5570 or mgarcia@erala.net and visit our website at http://www.erala.net.
