News Release: 3/12/2025
Businesses Brace for Economic Impact of Tariffs on Goods and Products...
The urgency to reduce operational costs has never been greater. The significant tariff increase threatens to drive up costs, disrupt supply chains, and potentially push a recessionary period. In such uncertain times, proactive businesses must take decisive action to safeguard their financial stability and maintain competitiveness. One of the most effective ways to do so is by leveraging the cost reduction expertise of Schooley Mitchell.
The tariffs will have widespread ramifications across multiple industries. Importers and exporters will face higher costs in the U.S. market, potentially leading to reduced sales and job losses. Additionally, as consumer and business confidence declines, a downturn in economic activity could make cost-cutting essential for survival.
Why Cost Reduction Is Crucial Now:
The combination of increased costs and potential recessionary pressures means that businesses must proactively seek ways to reduce expenses. Cutting wasteful spending, optimizing vendor contracts, and ensuring the most efficient use of resources will be critical for navigating these turbulent times. However, identifying and implementing cost-saving measures across multiple categories can be complex and time consuming. That’s where Schooley Mitchell’s expertise comes in.
Schooley Mitchell specializes in cost reduction consulting across a wide range of essential business expenses, helping companies achieve significant savings without compromising quality or service. Our data-driven approach, vendor relationships and industry expertise allow businesses to streamline spending in critical areas, including costs on internet, phone, and wireless services through optimized contracts and vendor negotiations, lower credit card processing fees and improved payment processing efficiency, cost-saving opportunities in waste disposal and recycling services, cutting both small package and LTL shipping expenses by securing better carrier rates, optimized contracts with suppliers to achieve better pricing and terms, reduced spending on janitorial, breakroom, and office supplies, eliminating redundant subscriptions and negotiating better pricing on essential software, lower fuel and compressed gas costs by securing better discount rates and supplier agreements, and improved fleet efficiency through better management tools.
Why Now Is the Right Time to Engage Schooley Mitchell:
With economic uncertainty looming, the businesses that act swiftly to control costs will be the ones that emerge stronger. Schooley Mitchell’s cost reduction services require no upfront investment - fees are contingency based, meaning clients only pay if savings are realized. This risk-free model ensures that businesses can focus on securing savings without financial strain. Tariffs on goods signal a critical moment for our nation’s businesses to take action. By proactively reducing costs in telecom, merchant services, waste management, shipping, office supplies, and other operational areas, businesses can safeguard profitability and navigate economic uncertainty with confidence. Schooley Mitchell’s expertise in cost reduction makes them an essential partner in this effort. Now is the time to engage with our services and secure a more efficient, resilient, and profitable future.
Curtis McFarland | Strategic-Partner
Tel: 901-730-8966 | Cell: 901-552-7102
4025 Kingfisher Dr | Memphis | Tennessee
Schooley Mitchell of Memphis
-
Curtis McFarland Owner
- March 12, 2025
- (901) 552-7102
- Send Email