For independent sponsors & repeat buyers
You're building a platform. Now go run it. We'll find the savings in every add-on.
Spend your time on the plan and your operators. We renegotiate overhead at the platform and every add-on, usually with the same vendors.
- Published case studies
- 9
- Saved per year, all clients
- ~$690K
- Saved per company, per year
- ~$77K
| Bill | Saved |
|---|---|
| Telecom: identified | minus $18,800 |
| Waste: verified | minus $25,300 |
| Merchant: verified | minus $25,100 |
| Insurance: verified | minus $23,400 |
| Saved per year | $92,600 |
- Usually no vendor changes
- Help during diligence
- No fee unless we find savings
- Works across your portfolio
Client results
What we've saved clients
Real numbers from real clients. These are yearly savings, and they keep coming every year.
$120K
Saved per year
+$120K
Added to EBITDA
$960K
Added company value at 8x
$120K
Saved per year
Education company owned by a search fund
Traditional search fund · Michigan · five campuses
No vendors changed
The previous owner had renewed the same contracts for years without shopping them. We renegotiated with the same vendors.
- Waste
- Payroll
- Janitorial
~$124K
Saved per year
Pump and equipment distributor
Lower middle market · Florida · five sites
Card fees were about 40% above market
We reviewed eight bills, from card processing fees and fuel to small-package shipping and property taxes. That's about $446K saved over five years, after our fee.
- Card processing
- Freight
- Fuel
- Waste
- Payroll
~$114K
Saved per year
International trading company
Lower middle market · South Florida
Card fees cut by 57%
We worked through seven categories, from health insurance and bank fees to packaging. Card processing fees alone dropped by more than half.
- Card processing
- Health insurance
- Freight
- Packaging
- Published case studies
- 9
- Published case studies
- Saved per year, all clients
- ~$690K
- Saved per year, all clients
- Saved per company, per year
- ~$77K
- Saved per company, per year
How we get paid
No savings, no fee.
- $0
- Nothing up front. No retainer, no minimum term, and the first session is free.
- 50/50
- We split the confirmed savings with you for 24 months. Our fee comes out of money you were overpaying anyway.
- 100%
- After that, it's all yours, and it's in your EBITDA when you sell.
Say we lower a $8,400 monthly waste bill by $3,300. Here’s where that money goes.
Of a $8,400 monthly bill, $5,100 still goes to the vendor at the new price. The $3,300 saved is split evenly: $1,650 you keep and $1,650 is our fee.
Months 1 to 24. From month 25 you keep the full savings. If we save nothing, our fee is $0.
Nothing changes without your written OK. Want to read our agreement first? Ask for a copy →
How it works
What happens after you book a call
We do most of the work. Expect about four hours from your team over the whole project.
- 01
Free 30-minute session
We learn your vendors, spend and renewals, and pick where to start.
- 02
We gather your bills
After you sign, you share contracts and invoices. We find the best market terms.
- 03
You pick your options
Stay with your vendor or switch, category by category. Your call.
- 04
We keep watch
We check every invoice so the new prices stick.
Why do this in year one?
It's the easiest time to ask.
Right after a sale, nobody's surprised when the new owner questions a contract. A year in, it's back to “we've always used them.”
It adds up when you sell.
Every dollar you save each year goes straight to EBITDA. At a typical 8x exit multiple, $100K a year in savings is about $800K of company value.
Your team won't feel it.
Most of the savings come from your current vendors lowering their price to keep you. Nothing changes without your sign-off.
What we look at
- Payroll & PEO
- Insurance
- Utilities
- Phones and internet
- Waste
- Card processing
- Freight & parcel
- Janitorial
- Packaging
Over 40 categories in total. We focus on the ones that matter for your business.
Before and after you sign
Name your cost partner before close
Funds and family offices backing an independent sponsor want to see a real cost partner, not a slide that says “consultant TBD.”
- 01
Put us in the plan
A cost line you've already checked out, ready to show your investors before the purchase agreement is signed.
- 02
One relationship, many companies
Each company signs its own agreement, and what we learn about vendors and pricing carries from the platform to each add-on.
- 03
Read the terms
We split confirmed savings 50/50 for 24 months, then they're all yours. No exclusivity. Current vendors first. Nothing switches without your written OK.
Who it’s for
Who we work with
Search funds
10 to 300 employees, under LOI or closed
Your investors don't want big changes in year one. We lower costs without swapping vendors, and you get a confirmed savings number for your first investor update.
Self-funded / SBA
SBA 7(a) deals, 10 to 150 employees
More cash to cover your SBA loan payments. Nothing gets added to the loan, and you don't pay us until the savings show up.
Independent sponsors
Platforms, add-ons and repeat buyers
Name us as your cost partner in the value-creation plan before close. We work with you across the platform and every add-on.
Who you'll work with
Joe Lapscher

- Role
- Partner
- Location
- Hoboken, NJ
Expense Reduction Coaching has been cutting overhead for companies for over 30 years, and we only get paid out of what we save. Joe leads our work with business buyers from Hoboken, NJ, and works with search funds, SBA buyers and independent sponsors across the country.
Before ERC, Joe spent more than ten years in engineering and product at GE, Citrix and three fintech companies. Most of that job was digging through messy data to find where money was leaking. This is the same work.
FAQ
Common questions
For searchers5 questions
01I haven't closed yet. Is it too early to talk?
No. Before close, we can estimate how much of the overhead is worth going after, and that number can go into your value-creation plan (VCP) and sometimes your model. We won't start negotiating until you own the contracts, and we'll sign an NDA before you share any diligence documents.
02Does this show up in quality of earnings (QoE) or as an add-back?
They're real cost reductions, not add-backs. Once we've confirmed them invoice by invoice, they go on the EBITDA bridge as cost-out. QoE looks back at the seller's costs. We change your costs going forward. Your QoE provider and we are looking at different time periods.
03What can I put in the first investor update?
Savings by category, split into what we've found and what's confirmed on invoices, plus what's still locked into contracts. We include our 24-month fee split too, so your board sees both the EBITDA gain and what it cost to get it.
04How long until we see savings?
Once the agreement is signed, the review usually takes 2 to 4 weeks, depending on how fast we get your bills. Savings start showing up as contracts are renegotiated or renewed, often within the first quarter.
05Will this upset our investors or disrupt year one?
That's exactly why we start by keeping your vendors. Search fund CEOs are under pressure not to make big changes in year one, and a small saving isn't worth looking like you rocked the boat. We almost always renegotiate with the vendors you have, we do the legwork so your small team doesn't have to, and we keep checking so prices don't creep back. Nothing switches without your written OK.
For self-funded and SBA buyers3 questions
01Does this work with SBA 7(a) and a personal guarantee?
Yes. There's no upfront fee for your lender to approve, and nothing gets added to the loan. We only bill on confirmed savings after close, so it fits cleanly with your debt service coverage ratio (DSCR): our fee comes out of money that was leaving the business anyway.
02Does this work for a company with 25 employees?
Often, yes. We work with companies from about 10 to 300 employees, and 150 to 200 is the sweet spot. Below 10 there usually isn't enough spend to be worth it, and we'll tell you that on the first call.
03What do you need from us?
Bills and contracts for the categories we're looking at, and one person we can ask questions. That's usually a few hours from your team in total. Our vendor contract checklist lists the twelve files to pull.
For independent sponsors2 questions
01Can you be named in the value-creation plan pre-close?
Yes. Funds and family offices backing an independent sponsor want to see a real cost partner, not a slide that says “consultant TBD.” We'll talk to your capital providers under NDA, join a diligence call, and start the analysis between LOI and close if the seller will share documents. That estimate can go into your VCP and sometimes your model.
02Does this repeat across platforms and add-ons?
Yes, that's the point. Each company signs its own agreement, but you don't have to find a new cost firm every time. What we learn about vendors and pricing carries over from the platform to each add-on.
Fees and contract7 questions
01What if we sell inside 24 months?
The split only applies while we're working together. If the company sells, the lower costs are already in EBITDA. The agreement covers any remaining months, usually with a true-up or by having the buyer take it on. Nothing in our terms blocks a sale.
02What does 50/50 verification look like month to month?
We compare each new invoice to the starting point we agreed on at kickoff. If waste was $8,400 a month and now it's $5,100, you saved $3,300 that month, and we bill half of it. We strip out credits, one-time fees and volume changes so we don't get paid on noise. You see the worksheet every month.
03Is there exclusivity, a minimum term, or a cancellation fee?
No to all three. You can stop anytime. Categories we've already lowered keep the 24-month split on their confirmed savings, and we just don't start new ones. We only bill on savings that show up on invoices, never on estimates in the report, and the coaching session is always free.
04Will vendors know we're using a third party?
Yes. We tell them we're working on your behalf. Your current vendors would rather lower their price than lose you, and most of the savings come from that conversation, not from a surprise bidding process. You approve every vendor we contact.
05Do you sign the portco's NDA or our MNDA?
Either one, or both. Nobody shares documents until the paperwork is signed.
06Do you touch direct COGS or labor?
No. We don't cut jobs, shop your raw materials, or touch what you charge customers. We work on overhead: the vendors around your operation, not the operation itself.
07Do you need to replace our vendors?
Almost never. Most savings come from renegotiating with the vendor you already have, who would rather cut the price than lose you. When switching is clearly better, we show you the numbers, including the hassle of switching, and you decide in writing. We never switch first and explain later.
Get started
Let's see if there's money to save
Two ways to start. Neither one commits you to anything.
Easiest way to start
Send Joe a note
Tell us a little about the deal. Joe replies within one business day, and you can set up a time from there.
Rather talk now?
Pick a time
A free 30-minute session with Joe. We go over your vendors, spend and renewals, and agree on where to start.
Book a time
You'll talk to Joe Lapscher directly. No sales team, no ticket queue.
Or email jlapscher@erccoach.com · Download the one-pager