CoreValue is a software-based business evaluation tool that can help business owners and CEOs quantify the unrealized value of a company. This software was created based on research completed at MIT, Williams, Harvard and over 30 years of in-market experience. CoreValue looks beyond the balance sheet and financial statements to turn business ‘intangibles’ into value.
How Does CoreValue Measure Value?
If you think of your business as an engine, it generates outputs: revenue and profit. CoreValue measures the strength, durability, and efficiency of the ‘gears’ in the engine, like relationships with customers, brand, employee loyalty, ingenuity, etc. The stronger the business ‘engine’ the more dependably it can generate revenue and profit in the future at or above its current rate.
CoreValue is based on a framework of 18 value drivers including:
- Dominant Market Share
- Large Potential Market
- Recurring Revenue
- Human Resources
- Senior Management
- Customer Satisfaction
- And more
These are the ‘gears’ in the engine of a business that make everything function and give the business value. When combined with industry data and financial performance, CoreValue can establish a dollar value for these ‘gears,’ identify weaknesses, and suggest tasks to improve the value of a business.
We use the CoreValue tool to help our clients identify and prioritize their various business drivers.
Want to learn more? Give us a call and we'll be happy to talk with you about it.