Welcome to Benchmark Associates! Our mission is to partner with CEOs and their executive teams to accomplish their budgetary and operational objectives. We listen to your needs, where you want to take your business, and your goals. Then we get to work by analyzing your financials, identifying areas of efficiency and inefficiency, and form a growth strategy for your business. We bring years of experience in corporate turnarounds and business growth to do the same for your business. Below, we’ll go over just a few of the many services we offer. Contact us today to get started!
FRACTIONAL CxO
Changes happen to us all, but sometimes change is sudden, and suddenly you discover you’re without a CFO, CEO, or other executives for your company. Yet, you want to take your time in discovering the right fit for that role within your organization. That’s when you turn to Benchmark Associates to hire a temporary, or a fractional CxO. Hiring a fractional CxO has many advantages, the number one being time. A fractional CxO gives you time to find the right fit for your company, while still having that role fulfilled by someone who can competently make executive decisions and serve as the face of your company. Our fractional CxOs have years of experience running companies and growing them. Plus, you get the added benefit of an outside perspective and their expertise for your company.
STRATEGIC GROWTH & OPERATIONAL EFFICIENCY
Strategic Growth
Without a training plan, you won’t win the marathon. A business needs a growth strategy, a goal, and a mission in order to know what next steps to take. Otherwise, you are paddling without a paddle. Furthermore, sometimes you have to take a step back in order to move forward, which can be scary for small businesses on the verge of becoming a big business.
Depending on your business, you may need to look at different markets to break into, focus on developing new products and/or services, focus on increasing market share of certain products, or focus on expanding the existing market by growing your user base. You may need to do some or all of these. That’s where Benchmark Associates, a strategy consulting firm, can help. Based on your corporate goals, we will develop and set in place for your company a strategic growth plan everyone can rally behind and see to fruition.
Operational Efficiency
Operational efficiency can make or break a company and too many corporate executives ignore this nitty-gritty in favor of the glamorous plan. Operational efficiency is operating your company as fiscally responsible as possible, from optimizing the number of employees you have to streamlining your core processes to having as little wasted time and resources as possible.
While this may seem simple, as you probably know, it’s a lot harder than it sounds. The goal is to maintain a high-quality product and/or service for your company at the lowest possible costs. This entails analyzing your costs of resources needed, production processes and overall costs, and managing your distribution system and inventory supply to have as little on hand as need be. Benchmark Associates, a business consulting firm, is a master at eliminating wastes in your company and leveraging your employees and their skill levels in order to get the most results. Our mission is to lower your cost of goods and overhead costs, all the while keeping your profit goals in mind. Partner with us to leverage our experience as we help to leverage your business’ strengths while fixing your weaknesses.
CORPORATE TURNAROUNDS
Many companies fail each year not because they don’t have a quality product that consumers want or a solution that solves a problem, but because they have poor leadership, unsound financial practices, inefficient process controls, and no plan for the future. When you partner with Benchmark Associates, we focus on the immediacy, especially if your company’s situation is dire. We can help with debt restructuring plans, maximizing your cash flow and raising your working capital, and restructuring your operations.
We always start our corporate turnaround services with a thorough analysis in order to find the source of your business’ problems. We then prioritize these problems based on which ones will affect the bottom dollar the most and then we get to work. There may be hard times and decisions to be made, such as laying off workers. However, know that Benchmark Associates, a strategy consulting firm, strives to affect as much change as possible without affecting lives. If you partner with us for strategic business planning services once your company has stabilized, then we can help you redefine your strategy and return your company to profit and growth.
OUR OTHER STRENGTHS
In addition to fractional CxO, strategic growth, operational efficiency, and corporate turnarounds, we also offer enterprise value growth, mergers and acquisitions, process controls, and entrepreneurial business growth. We work with companies in all stages of their development, helping them grow and succeed where they need it the most.
HOW BENCHMARK ASSOCIATES CAN HELP
Our overarching mission is to help businesses grow. The growth of businesses fuels our economy, provides jobs, and gives consumers products and services they need and want to improve the quality of their lives. Nothing makes us happier than when we partner with a company that is struggling and needs help for a corporate turnaround, providing a company with a fractional CxO, providing a growth plan, helping a company merge with another company, or even just offering advice on a company’s next move. Benchmark Associates, a top management consulting firm, succeeds when you succeed. Contact us today to learn more!