The pandemic has stretched all of us thin.
Many business have seen a concerning dip in profit margins and revenue. How can businesses keep growing during this tumultuous time? How can businesses cut expenses and stabilize?
One of the best ways businesses can cut expenses is by having their waste spend reviewed.
There are three reasons this little-known resource can help:
You’re probably overspending in ways you don’t even know about.
Recurring expenses can translate into recurring savings opportunities.
Our waste reviews reliably yield savings.
Let’s take a look at each of these reasons.
First, you’re likely overspending on your waste spend.
90% of US companies are doing this exact thing, and they have no idea. This is because the industry has normalized things like prices spikes, ancillary fees, and long term lengths. Most contracts, for instance, don’t include terms that will actually protect you from price spikes. They don’t prohibit ancillary fees, which then show up every month on your invoices. And they tend to lock people into contract terms that are too long.
You don’t have to be one of these companies.
These hidden problems don’t have to stay hidden. You can get an industry expert on your side who will make sure you stop overspending.
Second, recurring expenses can translate into recurring savings opportunities.
You’ll always have waste expenses; that can’t be helped. But if you pay too much for them, you’re going to pay too much by a lot because they recur every month.
Suppose you spend $2000 every month at one location for waste expenses. If we are able to reduce that amount by $500, that’s not a one-time reduction. It will happen on every waste bill until you get a new hauler or until service requirement significantly change.
So that $500 reduction can turn into a $6000 reduction in a year. It can turn into a $12,000 reduction over two years. It can turn into a $30,000 reduction over the term of a five year contract. Who wouldn’t want that kind of boost to their bottom line?
Third, our waste reviews have a high rate of success.
We typically find savings 90% of the time for our clients. These savings average out to be a 10-30% reduction in monthly waste expenses.
Over the 20 years we’ve been in business, we have honed our audit process to be effective and efficient. It’s worked for hundreds of companies and it can work for you too.
You can find out for sure if you’re sitting on savings for free. Our initial audit process requires zero capital outlay. We are entirely self-funded until we find savings. Then, we’re paid out of those savings at a rate of 50%.
If we don’t find savings you owe us nothing. You can find out if you’re overspending without taking on any risk at all.
What other benefits could a waste review afford you during this time? Let us know in the comments below!