The First Step Starts With Us
We can help you decide what’s next for you. And your company.
Leave A Legacy
SELLING YOUR BUSINESS
Selling your business isn’t easy. We know how hard you’ve worked, how much of your life you’ve invested in it. Now you’re thinking about options and what’s next. There’s excitement, stress and maybe even some guilt. We get it. We can help. It starts with a relationship built on trust, integrity and experience.
Make An Impact
JOIN OUR TEAM
Running a business is challenging. If you’ve always wanted to lead a company, why not earn the opportunity to lead one of ours? We’re always looking for dedicated, passionate people who believe they have what it takes.
What Our People Say
There was so much trust and confidence in dealing with Chenmark. Selling to them was the right decision for me.
Rarely in business do you get an opportunity to have such an impact with each and every project.
For any owner who’s looking to sell but wants to keep their dream alive while ensuring the well-being of their staff, talk to Chenmark.
Chenmark is a family business and we were a family business, so for us it was a great fit.
We typically have very full days. Our calendars are scheduled—often weeks in advance—and we have specific things we want to accomplish on a daily and weekly basis. We try to get as much rest as possible over the weekend and evenings to ensure we approach each day with the drive and energy needed to accomplish our longer term goals.
A Tale of Two Shoe Salesmen
This story resonates as our business grows and stretches us in new and unexpected ways. We have a choice in how we respond when confronted with challenges or the unknown. How powerful would it be if we collectively made a commitment to consider “what if?” instead of focusing on “why not?”.
Our Work Is Serious
Chenmark is in the business of acquiring and operating small businesses. On the deal side, we spend our days looking at new acquisition opportunities, putting together deal models, negotiating purchase prices, securing debt financing, and reviewing legal documents. On the operational side, we spend our days hiring (and sometimes firing) talent, nurturing sales relationships, implementing new tech systems, collecting cash and paying invoices, evaluating equipment purchases, and developing marketing programs (among other things).
The Most Important Word
As parents of young children, we find ourselves reminding our children on almost a daily basis that the most powerful word in the English language is “yet”. I can’t play soccer. Yet. I can’t do math. Yet. I can’t read. Yet. I don’t have any friends. Yet. I don’t have enough princess dresses. Good news. You can grow up, get a job and buy some for yourself.
Every year, we work through budgeting at a number of companies. While occasionally we are able to forecast significant positive improvement in a single line item, more often than not, our challenge is to push for progress in areas where operations already seem to be functioning pretty well.
Missionaries vs. Mercenaries v2
This past week, one of our companies had a key operational person quit with little notice in the heat of the busy season. In small business, these types of things happen and can have a tangible impact on the company and cause a management fire drill.
Fight Like Flike
We recently joked that some members of our team only read books with titles like “How To Win and Lead People…from a Military Perspective…but for Business”. Kidding aside, to follow up on last week’s military focus, we recently listened to a TB12 Keep Going podcast with former Special Forces Green Beret Kevin Flike. For those unfamiliar, his story of overcoming challenge is inspiring and worth digging into.
We recently took some time to re-read Admiral William McRaven’s 2017 Best-Seller, Make Your Bed: Little Things That Can Change your Life… And Maybe the World. An easy read, the book goes into more detail on the themes outlined in McRaven’s iconic 2014 University of Texas at Austin Commencement Address.
A little over a year ago, we started listening to My First Million, a podcast hosted by entrepreneurs Shaan Puri and Sam Parr. For those unfamiliar, the podcast explores business ventures – successful and not so successful – of all varieties in a candid and understandable demeanor.
The Average Temperature
Earlier this year, we reposted an article we wrote in 2016 about the origins of averages. Spoiler alert: averages are best used with caution, and one can still drown in a pool of water that is, on average, six inches deep. Getting comfortable with deviations from the mean is where danger—and opportunity—lie, a reality we believe should be acknowledged accordingly.