How to Cut Business Costs and Boost Growth in 90 Days or Less

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Unlocking Business Efficiency with Erika Giuggio

Welcome back to I Know A Guy. Today, we meet Erika Giuggio, a dynamic business optimization specialist from Toronto who helps entrepreneurs reduce operational costs and find hidden savings in 90 days or less. Erika brings a unique blend of innovation, business acumen, and marketing savvy to her work, drawing from a background that includes founding a marketing agency and developing a patent by the age of 21.

From Patent to Purpose

Erika's entrepreneurial journey began early. Driven by curiosity and creative thinking, she developed a patent at 21 but quickly realized the challenges of launching a business without connections. That experience sparked her interest in operational efficiency and building business systems that actually work. She later founded a marketing agency before transitioning to Schooley Mitchell, where she now helps companies streamline costs and improve sustainability.

What Erika Does

Erika partners with businesses to identify cracks in their operations that are draining profit. By conducting a comprehensive audit of up to 12 cost categories, including merchant services, telecom, shipping, and waste management, she uncovers savings that can be reallocated toward growth, reinvestment, or simply improving the bottom line. Her mission? Fix the foundational issues that make marketing and growth efforts fall flat.

Common Business Mistakes and Her Top Advice

1. Doing It All Alone: Erika encourages entrepreneurs to hire fractional or white-label teams to stay efficient.

2. Lack of Financial Clarity: Many business owners overlook line-item inefficiencies or overspend on subscriptions they don't use.

3. Commission Breath: That desperate need to close a sale can be sensed and turns potential clients off. Diversifying income and building confidence can help avoid this.

Operational Inefficiencies to Watch For

Erika shared eye-opening examples of where businesses waste money:

• Merchant Services: High fees and tipping terminals can erode profits quickly.

• Shipping & Logistics: Most companies lack the tools or insight to optimize freight and delivery costs.

• Waste Management: Unnecessary costs can pile up without strong vendor negotiation or review.

Who Should Reach Out to Erika?

If you're a small or mid-sized business facing rising costs, struggling with profitability, or preparing for growth, Erika can help you identify where money is slipping through the cracks. She especially works well with business brokers, CFOs, and accountants who need support optimizing client operations.

Get Your Free Audit

Erika offers a no-cost audit to identify areas where your business could be saving. It’s risk-free and potentially game-changing. Visit Schooley Mitchell - Erika Giuggio to learn more or book your consultation.

Also, Find Erika On Linkedin

Final Thoughts

Erika Giuggio is a powerhouse of operational insight and strategic thinking. Whether you're struggling to keep up with inflation, drowning in inefficiencies, or simply ready to scale smarter, Erika has the tools and know-how to help you succeed.

Watch The Full Interview Here

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