At Our Core
What’s unique? CoreValue Research provides the ability to measure “operational performance” – the strengths and weaknesses – of a private business using a generally accepted standards-based framework, and convert those metrics into a Return on Investment for taking action.
Why it matters? The metrics provide radical transparency into the operational workings of the business and can unleash the power of many minds focused on best practices, growth and transfer – much like unleashing of the markets with GAAP.
A Powerful History
Vermont Made: The CVR Story
It all began in Springfield, Vermont. In the early 70’s the manufacturing industry was starting to decline due to market conditions and the failure of many of the family-owned businesses to transfer either to the next generation or to a new owner. This not only affected the families and workers of the closed plants, it affected entire communities and ultimately the economy of Vermont. The problem worsened over the next decade.It was about this time, in the early 80’s, that Chuck Richards – a Vermonter, a visionary, a thinker, and a relentless meddler – headed from Williams College off to M.I.T., where he realized the “Springfield Problem” is a national one. All over the U.S., businesses were failing to transfer and he concluded the trickle down effect would eventually be catastrophic to our national economy. The wheels began to turn. During his M.I.T. stint, Chuck developed the algorithms for CoreValue Research and launched his consulting business, The Chairman’s View. His vision was and is to this day to help business owners and CEOs build valuable and transferable businesses that are treated like assets and the decisions made about the future of those companies are based on value rather than profit.
It Takes a Village
Fast forward to today. The plight of the Baby Boomer exodus has begun and the U.S. economy is at a critical tipping point. Based on over 40+ years of CoreValue Research and data collection, history shows us that 80% of the businesses owned by this demographic will struggle or fail to transfer. The solution in part: evergreen. Chuck knew early on that in order to fix the “Springfield Problem” it would take a village of Financial Advisors, business growth consultants, M&A advisors, and tactical experts to support these business owners. We have to help business owners align their personal financial plan with their business plan, help them identify the operational gaps that are holding them back, and finally help them treat their business as an asset and focus on enterprise value rather than profit.
From Vermont to Australia
Chuck’s mission remains – help business owners and CEOs build profitable and transferable businesses that in turn create wealth for the owners and their families, build vibrant communities, and help economies thrive. Chuck carries on his mission in Vermont and abroad – his vision and CoreValue Research have touched the lives of business owners across the globe from Canada to Europe to Australia and Africa. Our journey continues. There is much work to be done.
Ready to Talk Business Growth and Economic Development?
