SIB | SpendBrain
| File:SIB SpendBrain Logo 2026.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Business consulting |
| Founded 📆 | 2008 |
| Founder 👔 | Dan Schneider |
| Headquarters 🏙️ | Charleston, South Carolina, United States |
Area served 🗺️ | |
Key people | Dan Schneider (Founder) Shannon Copeland (CEO) |
| Services | Business consulting, expense auditing, fixed cost reduction |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
SIB Fixed Cost Reduction is a privately owned business consulting firm specializing in expense auditing and fixed cost reduction. SIB was founded in 2008 and is headquartered in Charleston, South Carolina.[1]
History
SIB was founded in November 2008 by entrepreneur Dan Schneider during the 2008 financial crisis. SIB grew steadily with estimated revenues of $2 million in 2010 and $6 million in 2011, while continuously hiring to keep pace with growth.[1] Schneider has said that the recession played a role in SIB's successful start, since the company offered a way for other businesses to make up for lost revenue.[2]
In 2013 SIB moved to a newly renovated 10,400-square-foot headquarters building in the upper peninsula area of Charleston. This facility is expected to allow SIB to eventually grow to up to 100 employees.[3] Kevin Flounders assumed the role of CEO in March 2019 after having joined the company to lead SIB's technology and telecom practice in 2018.[4][5] SIB merged with Cost Control Associates, a utility expense management firm, in September 2020.[6][7]
In October 2024, Shannon Copeland assumed the position of CEO.
References
- ↑ 1.0 1.1 Clifford, Catherine (November 8, 2011). "Keep your job for five years, get $50,000". CNN Money. Archived from the original on 11 December 2011. Retrieved 27 March 2013.
- ↑ Brock, Daniel (December 20, 2010). "Entrepreneur earns by saving companies cash". Charleston Regional Business Journal.
- ↑ "Consulting company moves to Charleston's upper peninsula". The Post and Courier. November 24, 2013. Archived from the original on 2016-03-07.
- ↑ "Kevin Flounders". SIB. Retrieved 2023-10-13.
- ↑ Flouders, Kevin. "LinkedIn page". LinkedIn. Retrieved October 13, 2023.
- ↑ "SIB Completes Merger with Energy and Utilities Experts, Cost Control Associates". SIB. Retrieved 2023-10-13.
- ↑ "About SIB | Merger News | Cost Control Associates". Cost Control Associates, Inc. Retrieved 2023-10-13.
External links
This article "SIB Development & Consulting" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:SIB Development & Consulting. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
