Sunday, July 27, 2025
How To Get Free Email Addresses for Marketing
Friday, January 3, 2025
Home Among the Fields: How Countryside Living Can Transform Your Life
But it's not just about scenic views; living in a rural area can profoundly impact your mental health. Studies have shown that being surrounded by nature reduces stress levels and enhances mood. In quiet moments, you can find solace while strolling through fields or sipping tea on your porch as fireflies dance around you at dusk. The simplicity of rural life fosters mindfulness, encouraging you to slow down and appreciate each moment. This serene lifestyle can be a balm for weary souls seeking respite from modern-day chaos.
Moreover, moving to the countryside often leads to building stronger connections with neighbors. Rural communities tend to be tight-knit, where everyone knows each other's names (and often their pets too!). Whether it’s sharing homegrown produce or lending a hand during harvest season, these communal bonds are enriching. Potlucks on warm summer evenings become cherished traditions, allowing for laughter-filled conversations under starlit skies. Such support systems create a sense of belonging that many city dwellers miss out on amid their fast-paced lives.
Sustainable living is another hallmark of countryside life—an opportunity to embrace eco-friendly practices that align with nature's rhythms. Many rural residents take pride in growing their own food or supporting local farmers’ markets. This not only promotes healthier eating but also reduces reliance on processed goods transported across vast distances. Simple habits like composting kitchen scraps or using rain barrels echo sustainability’s essence while nurturing a more harmonious relationship with the Earth.
Thinking about making the leap from city chaos to country calm? Transitioning lifestyles can feel daunting but is entirely feasible with some planning and openness to change. Start by visiting potential locations; immerse yourself in their vibe—attend local events or festivals! Consider your daily needs: Is there access to healthcare? What about grocery options? Understanding what matters most will guide your decision-making process.
Finding your perfect countryside home involves more than just searching real estate listings; it’s about envisioning how this new space will enhance your life. Be open-minded regarding property types—perhaps an old farmhouse brimming with character or a charming cottage nestled among rolling hills calls out to you! Look for features that resonate personally—large windows framing picturesque views or enough land for gardens could be essential considerations.
Ultimately, choosing a home among fields represents more than just relocating; it signifies embracing a transformative lifestyle rich with natural beauty, community ties, serenity, and sustainable choices—a true retreat from urban frenzy into peaceful existence amidst nature's embrace. So why wait? Take that step toward finding your sanctuary today!
Friday, October 1, 2021
Business Transition Planning Best Practices Study Reveals How Not to Spend Your Time
Are you the Boss/owner of your own business? Who does the selling in your business? My guess is that when you’re personally involved in doing the selling, your business is a whole lot more profitable than the months when you leave the selling to others.
That makes sense because you’re likely the most passionate advocate for your business. You have the most industry knowledge and the widest network of industry connections.
If your goal is to maximize your company’s profit at all costs, you may think that you should spend most of your time out of the office selling and leave the dirty work of operating your businesses to your underlings.
However, if your goal is to build a valuable company—one you can sell down the road—you can’t be your company’s number one salesperson. In fact, business transition planning best practices tells us the less you know your customers personally, the more valuable your business.
The Proof: A Study of 14,000 Businesses
We’ve just finished analyzed our pool of Value Builder Score users for the quarter ending December 31. We offer The Sellability Score questionnaire as the first of twelve steps in The Value Builder System, a statistically proven methodology for increasing the value of a business.
We asked 14,000 business owners if they had received an offer to buy their business in the last 12 months, and if so, what multiple of their pre-tax profit the offer represented. We then compared the offer made to the following question:
Which of the following best describes your personal relationship with your company’s customers?
I know each of my customers by first name and they expect that I personally get involved when they buy from my company.
I know most of my customers by first name and they usually want to deal with me rather than one of my employees.
I know some of my customers by first name and a few of them prefer to deal with me rather than one of my employees.
I don’t know my customers personally and rarely get involved in serving an individual customer.
2.93 vs. 4.49 Times
The average offer received among all of the businesses we analyzed was 3.7 times pre-tax profit. However, when we isolated just those businesses where the owner does not know his/her customers personally and rarely gets involved in serving an individual customer, the offer multiple went up to 4.49.
Companies where the founder knows each of his/her customers by first name get discounted, earning offers of just 2.93 times pre-tax profit.
When Value Is the Enemy of Profit
Who you get to do the selling in your company is just one of many examples where the actions you take to build a valuable company are different than what you do to maximize your profit. If all you wanted was a fat bottom line, you likely wouldn’t invest in upgrading your website or spend much time thinking about the squishy business of company culture.
How much money you make each year is important, but how you earn that profit will have a greater impact on the value of your company in the long run.
If you are thinking about selling your business and are interested in business transition planning best practices then it’s time to contact Value Growth Partners. We can help you build your business value before you sell. Call us for a no-fee initial consultation at 312-525-8382.
Business Transition Planning Best Practices Study Reveals How Not to Spend Your Time
Are you the Boss/owner of your own business? Who does the selling in your business? My guess is that when you’re personally involved in doing the selling, your business is a whole lot more profitable than the months when you leave the selling to others.
That makes sense because you’re likely the most passionate advocate for your business. You have the most industry knowledge and the widest network of industry connections.
If your goal is to maximize your company’s profit at all costs, you may think that you should spend most of your time out of the office selling and leave the dirty work of operating your businesses to your underlings.
However, if your goal is to build a valuable company—one you can sell down the road—you can’t be your company’s number one salesperson. In fact, business transition planning best practices tells us the less you know your customers personally, the more valuable your business.
The Proof: A Study of 14,000 Businesses
We’ve just finished analyzed our pool of Value Builder Score users for the quarter ending December 31. We offer The Sellability Score questionnaire as the first of twelve steps in The Value Builder System, a statistically proven methodology for increasing the value of a business.
We asked 14,000 business owners if they had received an offer to buy their business in the last 12 months, and if so, what multiple of their pre-tax profit the offer represented. We then compared the offer made to the following question:
Which of the following best describes your personal relationship with your company’s customers?
I know each of my customers by first name and they expect that I personally get involved when they buy from my company.
I know most of my customers by first name and they usually want to deal with me rather than one of my employees.
I know some of my customers by first name and a few of them prefer to deal with me rather than one of my employees.
I don’t know my customers personally and rarely get involved in serving an individual customer.
2.93 vs. 4.49 Times
The average offer received among all of the businesses we analyzed was 3.7 times pre-tax profit. However, when we isolated just those businesses where the owner does not know his/her customers personally and rarely gets involved in serving an individual customer, the offer multiple went up to 4.49.
Companies where the founder knows each of his/her customers by first name get discounted, earning offers of just 2.93 times pre-tax profit.
When Value Is the Enemy of Profit
Who you get to do the selling in your company is just one of many examples where the actions you take to build a valuable company are different than what you do to maximize your profit. If all you wanted was a fat bottom line, you likely wouldn’t invest in upgrading your website or spend much time thinking about the squishy business of company culture.
How much money you make each year is important, but how you earn that profit will have a greater impact on the value of your company in the long run.
If you are thinking about selling your business and are interested in business transition planning best practices then it’s time to contact Value Growth Partners. We can help you build your business value before you sell. Call us for a no-fee initial consultation at 312-525-8382.
Thursday, August 26, 2021
Do You Want to Learn CEO Succession Planning Best Practices?
Did you know the ideal timeline for succession planning is 5 years? It is possible though for the unexpected to happen and if/when it does, a CEO succession planning best practices is to have a game plan i.e. a succession plan all lined up and ready to go to ensure continued success with your business.
Take a look at the CEO Succession Planning timeline here:
THE SUSTAINING PHASE
Begin this phase 2-3 years in advance. The executives are preparing to thrive under the new leadership; Right Mindset, Future Outlook, Organization's Sustainability, Updated Strategic Plan, Executive Team Assessment, and Internal Team Candidates.
THE TRANSITIONING PHASE
Begin this phase 6-12 months before the leadership transition and consider overlapping with the Sustaining Phase. The organization embarks on the executive search process for the successors that may include board members, management team, and executives. Extensive work is done with transition planning.
THE ONBOARDING & SUPPORT PHASE
The heavy lifting is completed within the first 3-4 months of this phase but the hand-off process continues over a 6-12 month period. The board and senior management team access and adjust to the new leader’s management style and leadership role.
CONTINUED SUCCESS PHASE
The succession preparation and planning process should begin as early as possible. However, there are cases when you do not have the luxury of 4-5 years to plan. In these cases, it is best to have a contingent succession plan in place in the event that an emergency arises.
Value Growth Partners is here to assist with all of your succession planning needs. Request a 15-minute consultation with Value Growth Partners now to set up your ceo succession planning.