The Benchmark advantage not only helps you secure the best deal but also serves as a convincing tool for buyers and, if necessary, for financing. What is a Benchmark? It references your business against key characteristics within your industry to either confirm that everything you do is top-of-the-line or to provide a footprint for establishing a GAP analysis, forming the basis for an improvement program.

December is the month to review the year, preparing for a flying start into 2024, and updating your strategic and business plan. If you are seeking an additional set of eyes, feel free to call or email us.

Are you getting the best out of your team? Here are a couple of pointers to help them perform at their best:

1. Provide clear and simple directions.
2. Inspire them to lead by example and boost their confidence.
3. Identify and utilize each team member’s strengths and knowledge. Leadership shouldn't always be given to the most confident; consider the talent option.
4. Create a plan for improvement and growth. Training and personal coaching are formulas for success and raising the bar.
5. Praise effort and reward the team, empowering them to excel.

Here are some tips and ideas for Teambuilding activities at your company!

Selling trends and EBITDA multiples are currently on a positive trajectory. Coupled with a stable economy, considering the option of selling your business in 2024 might be advantageous

Selling trends and EBITDA multiples are currently on a positive trajectory. Coupled with a stable economy, considering the option of selling your business in 2024 might be advantageous

Forecast 2024 – from Goldman Sachs. 

Worldwide GDP is forecast to expand 2.6% next year on an annual average basis, compared with the 2.1% consensus forecast of economists surveyed by Bloomberg. In fact, Goldman Sachs Research’s forecasts for GDP growth in 2024 are more optimistic than the consensus for eight of the world’s nine largest economies, as of Nov. 8, 2023. And notably, our economists expect US growth to outpace its developed market peers again. - Click here for the full report