This is a true story of a mid-size manufacturing business in a small town. The company was stuck, unable to generate sustained growth. Bill, the owner, was ready to throw in the towel. The management team was frustrated, and considering a move to greener pastures.
NACVA joins the team – and our Mission moves forward
The mission moves forward. We are proud to announce our partnership with NACVA and CTI to bring you world-class training and certification. They are also joining us as our partner delivering CoreValue to the advisor community.
National Institute of Standards and Technology (NIST) Manufacturing Extension Partnership
We have to solve the transfer problem by bringing transparency and trust to the operational side of business. The financial world solved a similar problem in 1930 to help lift the world out of the Great Depression when they established GAAP (Generally Accepted Accounting Principles ), essentially a set of standards to bring transparency and trust. Before GAAP financial numbers were ad hoc at best, just like operational performance is today. If the marketplace has equal ability to look backward at financial performance, and forward at operational performance, capital will flow, owners will be able to sell, and investors able to buy. The world needs GAAP for the operational side of the business engine.
Watch the video to hear how SEA's Curt Cyliax uses the CoreValue solutions to add value to his prospects and clients, and why it's important.
There have been a number of articles lately talking about the ‘missing’ boom of business sales by boomers. For example, The Wall Street Journal recently published "The Missing Boom in Small-Business Sales" where they question when this will happen, but at the end of the day, you can never dodge the demographics. The boomer business transfer wave will happen.
Seeing and Building Success
“Scoring all areas of the business and completing related tasks provided me with both practical and psychological rewards. . . CoreValue® also allows me to think and talk about my business at a [strategic] level I usually don’t get to when stuck in the day-to-day operations.
I’m much more conscious of my need to work ‘on’ the business rather than ‘in’ the business.”
Jim Lewis, Owner
Harvey & Lewis Opticians
Why does Jim feel this way?