Virtual Entrepreneur

UsFranchiseNews:
Save It Now! has entered the world of franchising. ‘Timing is everything,’ said co-founder Jim Dodson, president and CEO of the 17-year-old SaveItNow! ‘In a difficult economy, the demand for cost-cutting services is at an all-time high. With a tremendous pool of talented refugees from corporate America looking for a way to make a good income and make a difference, the setting for SaveItNow!’s franchise offering is perfect.’

In 1986, Dodson became frustrated about large companies obtaining better prices and service on air express, long distance and office supplies than smaller businesses. He responded by forming a group purchasing organization and the SaveItNow! programs. With the buying power of the group, he negotiated Fortune 500® volume discounted prices of up to 40% and service guarantees with major national vendors. Today, more than 4,000 small-to-medium-size businesses take advantage of his group-buying solutions.

By franchising, Dodson says, SaveItNow! will have an even better opportunity to build its brand and take advantage of an ideal economic setting for group buying discounts – minus the capital investment needed for expansion of sales staff. He sees the development of a franchise sales distribution network as the natural next step to grow the $12 million company, according to the CEO. ‘Our franchisees will build relationships with prestigious industry leaders such as Airborne Express, DHL Worldwide, United Stationers and Qwest Communications,’ Dodson said. ‘It’s a wonderful opportunity for business professionals who want to control their own destiny by building their own business for long-term value,’ said Dodson.

Dodson and his two lifelong friends/co-executives of SaveItNow! are living proof that nice guys don’t finish last. From the company’s core purpose of helping ‘the little guy’ save money and be treated better by suppliers, to a myriad of charitable efforts, a spirit of benevolence underlies their every move.

In 1992, they established the Sycamore Foundation, which helps organizations become more effective through collaborative efforts and promoting best practices. To date, it has raised nearly three quarters of a million dollars for programs that serve the poor, programs that serve youth, and programs that promote business entrepreneurial skills to solve social problems. ‘There is a purpose behind what we do,’ said COO and co-founder Jay Geshay. ‘We feel strongly about giving back to our community and making it a better place. We look forward to having an even greater impact with franchisees who share our mission giving back to their communities nationwide.’ More.

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