February 25, 2009 Press Release:

EXPENSE REDUCTION: A Sound Solution For Socal Businesses Seeking Economic Relief

California unemployment is at its highest, stocks tumble, the dollar plunges and business lines of credit have vanished. Nonetheless, Marylou Garcia is optimistic that profitability will increase.  That’s because finding extra profit is her job.

Marylou Garcia is the Managing Director for Expense Reduction Analysts (ERA) in Los Angeles, a worldwide network of more than 600 consultants specializing in delivering extra profits for mid-sized companies through cost reduction. 

The company was recently quoted by the Wall Street Journal and Forbes, for its progressive cost-cutting approach and has earned a global reputation for finding clients an average savings of nearly 20 percent a year, without adding anything to their cost structure.

 “We’re so confident of adding money to a company’s bottom line that we’re willing to take on all the risk,” said Garcia.  “We work strictly on a no savings – no fee basis.”

Such a positive outlook is the result of knowing where to look. Marylou Garcia uncovers existing profits, right under her clients’ noses, by unlocking profit opportunities in over a dozen overhead expenses, such as shipping, credit card fees, telecommunications, insurance, office supplies and many others.

For more information, please visit www.expensereduction.com

With rising commodity prices, escalating costs and compressed margins, ERA’s services are a no-brainer for many companies looking at ways to cut costs, save money and increase profits.

“Typically, I will sit down with the CFO to review what their profit gaps or cost initiatives are for the year, and then decide on the appropriate expense line items that would deliver their profit objectives.  Our specific expertise in a number of spend categories, along with the fact that we don’t have resource constraints that our clients typically do, allow us to find significant savings opportunities.  More often than not, we end up negotiating better

service and lower costs with a client’s current supplier.”
According to Marylou Garcia, she’s offering a win/win proposition.  “If no savings are found, there is no fee.”  If savings are found and the client decides to implement ERA’s recommendations, the savings are split 50/50 with the client.

She is also focusing her efforts on Los Angeles and Orange County-based corporations, non-profit organizations, government agencies and educational institutions find extra profit as a solvent alternative to bankruptcy, unrealistic budget constraints or additional layoffs.

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