Benchmark Business Group

Value Realized - 2013 Archive

Why do you own a business?  At Benchmark Business Group we believe in, "Value Realized."  Owning a business should allow you the day to day freedom to live the life you desire.  In the begining that might mean eliminating frustrations from your business.  As your business grows it means providing you with financial freedom and freedom of time to pursue passions outside of business.  Then as your business matures it means being able to sell your business at maximum value so that your investment of time and money pays off.  Below are a collection of articles on "Value Realized" from our weekly Business Owner Insights.

Planning to have a life outside your business

Most people take this time of year to talk about resolutions and planning. You know, the weight you’re going to lose, the new business you will bring in, the weight you’re going to lose, upgrading your business facilities, the weight you’re going to lose, and so on. In the context of your business, planning is usually all about revenues and profits, staff, equipment needs, and even how you as the business owner are intending to use your time more efficiently.  What about you?  Aren’t you one of your business’ most important assets?  Isn’t it important to your business, let alone yourself and your family, to maintain your health and your sanity?  Did you not go into business in part to create more freedom and a more enjoyable life?  How is that working?

This is a not-so-subtle reminder to plan for your time off. Plan some short days. Make plans for a vacation later in the year. Take the time you need to put your work/life balance back in order. Encourage your staff to do the same and they will thank you for it.

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