“I am so impressed with what Schooley Mitchell did for my business that I invested in a franchise office. Now, in addition to our sales and marketing agency, we are working to help other companies save money and increase their profitability!”

Peter Day

President, Endo Networks Inc. North American sales and marketing agency

Let me share my great experience with Schooley Mitchell with you…

1. Endo was contacted by a franchise office of Schooley Mitchell in November, 2022.

2. My team reviewed Schooley Mitchell’s value proposition, and were drawn by the risk-free, no-obligation audit, as well as the contingency-based fee model.

3. We signed Schooley Mitchell’s service agreement in December, 2022.

4. Schooley Mitchell did a preliminary review of our expenses in various categories and determined that the best place to start would be with our telecom expenses. We have many voice and data devices used by our reps in field. At that time, we were working with a major Canadian provider.

At first, we were skeptical that Schooley Mitchell would find any areas of savings because we work our suppliers hard, but there was no risk to find out, and then we would have the peace of mind of knowing if we were getting the best deal.

5. Schooley Mitchell worked with a contact on my finance team to dive deeper into our actual telecom fees. This involved us sharing detailed billing information with Schooley Mitchell, and authorizing Schooley Mitchell to work directly with the telecom providers on our behalf – which they did professionally and effectively.

6. Schooley Mitchell presented us with their findings in a detailed report, and I was floored – we could stay with our current provider and reduce our telecom costs by 40%, or we could move to a competitor and reduce our telecom costs by 48%! If we moved providers, the competitor would cover all our transition costs and provide us with better tools than our current provider for managing our wireless devices. We chose to move to the competitor in March, 2023.

At first, we were skeptical that Schooley Mitchell would find any areas of savings because we work our suppliers hard, but there was no risk to find out, and then we would have the peace of mind of knowing if we were getting the best deal.

7. It took three months to make the transition, and Schooley Mitchell looked after every step. I wish we had moved faster to provide the initial approval to Schooley Mitchell to work their magic for us!

8. A conservative estimate on the 36 month savings is:

Year 1 savings $22,000
Year 2 savings $38,000
Year 3 savings $80,000
Total savings $140,000

We split the $140,000 50/50 with Schooley Mitchell. For us to have $70,000 in net profit, we need to sell almost $700,000 in revenue. After the third year, the savings are all ours.

Our business is growing, and our number of devices is increasing, so the amount of the savings is even more significant in the future. We estimate our Year 4 savings will be around $200,000, all to Endo.

9. Schooley Mitchell is monitoring our costs in several categories to watch for other areas of savings, which gives me great confidence in knowing we aren’t spending more than we should.