Benchmark Business Group

Value Realized - 2015 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.

Realizing Value Through Business Ownership

As 2015 draws to a close, we want to take a moment to thank you for all your hard work. Owning a small business can be tough, but it can also be very rewarding.   Small business ownership can enable you to realize extraordinary value. Our days are dedicated to working with business owners and leaders to design the results that enable them to achieve their goals and realize their dreams. Through intentional thought and action our clients craft a business that reflect their values and realizes their vision.

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Why Do You Own a Business?

Get Your Passion On!
For the month of December we are challenging you to remember why you own your small business.
 

We believe you should be connected to the passion, hope, dreams and desires you had when you became a business owner; to be inspired every day to achieve your vision! Take a few minutes to reflect and recall what you hoped to achieve through owning a small business.

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Value Realized

What is the point of owning your own business? How you answer that question will definitely depend on your personal desires, but in reality it boils down to one thing: Value. You own a business to realize value.

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Grow a Business of Value

When you hear business owners talk about growing their business, they are usually referring to increasing revenue and profits. The conversation immediately goes to growing their sales force, adding new clients, increasing their market share, and so on. More often than not, it is about doing more and more of what got the business owner where they are, which in one way is fine. On the other hand, it likely does not take into account those characteristics that will lead to maximum return when it is time to sell or transition out of the business. More often than not, the business remains highly dependent on its owner or certain key people, has co-mingled business and personal finances, the “processes” of the business are more accurately described as “habits” than systems, and there is no clear “strategy” for growth beyond the capabilities of “doing more of what we’ve always done.”

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Design a Business of Value

We began the conversation last week with the merging of E-Myth Benchmark and Henderson Business Group. The relationship between our two organizations began several years ago, as two companies serving similar clients in similar marketplaces, with completely different but complimentary services. We held joint seminars in several cities in the Midwest, and it was during these seminars, and successful transitions of clients designing and growing their businesses through one organization, then selling it through the other, that a real synergy began to develop. E-Myth Benchmark has always believed and coached to the principals of Michael Gerber's E-Myth Revisited, including the core belief that your business should be a vehicle to give you more life, not take the life out of you. More “life” is the simple expression of more satisfaction, more money, more time, more freedom. It is the dream that business owners start out with, but struggle to realize.

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Re-Imagine Your Business

As a fellow business owner, you know what it's like to watch your business grow from a kernel of an idea into a living and breathing reality. Like us, you've experienced the ups and downs of owning a business, but also know how rewarding it is to watch your vision in action.   Our newsletters typically focus on challenging the way you think about your business and providing you with easy to implement ideas and best practices. This month we're planning to get a bit more personal as we talk about our personal journey in re-imagining our business.

 

Enjoy this quick video introducing our newly imagined company, then read more to understand our journey. 

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