All business owners want to be more successful—more profitable! The fundamentals of growth include developing a business strategy. If you are a manufacturer, you may already have your plan for the upcoming year or you may be looking for new strategies to grow your business. CoreValue© is a business assessment software tool which analyzes and values business operations. The assessment includes gathering team feedback within 18 key areas—9 internal and 9 external. Here’s the top ten benefits of using this tool.
- Quantifying your gears. Think of your business as an engine. Evaluate how the gears inside your business engine work together to drive future profits.
- Realizing operational value. Learn the value of your business in all 18 key areas.
- Aligning key managers. After completing the process, there is buy-in from managers on current business status and plan for future growth.
- Identifying strengths and weaknesses. Uncover areas for improvement to ramp-up the competitive edge.
- Customizing reports. Create a business portfolio with facts and figures to clearly illustrate your business goals.
- Exiting recommendations. If you’re looking forward to retirement, specifics are provided for areas to grow and add value for getting the best price for your business.
- Purchasing insight. When buying a business, awareness of improvements required will provide the biggest bang for the buck.
- Daring to compare. Receive a rating based on a comparison to thousands of other companies across the country within your NAICS Code.
- Guiding advisor. NWIRC business advisor provides onboarding, training, and consultation.
- Affording the tool. An easy, online software tool that fits your budget. For more information on how CoreValue can foster your business growth, contact a NWIRC Business Advisor.
For more information on how CoreValue can foster your business growth, contact a NWIRC Business Advisor.