Rock Around the Block - The Blog of Rock LaManna

Why Lean Operations are so Vital When Selling Your Business

Posted by Rock LaManna on Wed, May 27, 2015 @ 08:05 AM

If you’re an owner and selling your business is something you’re contemplating, you might not consider a “lean initiative” as a wise investment. The LaManna Alliance’s go-to lean business ‘guru,’ Ed Klaczak of EJK Consulting Solutions, Inc. sees it exactly the opposite.

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Topics: Selling Your Business, Lean Operations

When to Sell Your Business: When the Numbers Surprise You

Posted by Rock LaManna on Wed, Nov 12, 2014 @ 08:11 AM

Sometimes it can be hard to pinpoint when to sell your business. For one astute substrate distributor, the realization that it was time to sell was as surprising as it was lucrative.

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Topics: Lean Operations

The Differences Between a Financial and a Strategic Buyer

Posted by Rock LaManna on Wed, Sep 17, 2014 @ 09:09 AM

One of the big stumbling blocks when selling your business is deciding on the right buyer.  To help you understand the differences between the two main types of investors - a financial buyer and a strategic buyer - we reached out to Dan Thome of Axiom Advisors, LLC.

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Topics: Lean Operations, Strategy

Eight Reasons Why a Strategic Buyer is Right for Your Business

Posted by Rock LaManna on Wed, Sep 10, 2014 @ 09:09 AM

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Topics: Selling Your Business, Lean Operations, Strategy

You Won’t Sell a Business Without These Four Financial Statements

Posted by Rock LaManna on Wed, Apr 9, 2014 @ 09:04 AM

 

Our #1 priority when you're getting a business ready to be sold is to prepare to disclose your key financial statements. In this post, Senior Financial Advisor Ron Castleman provides an explanation of what those key statements are, and why they’re critical.

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Topics: Lean Operations, M&A

Getting Team to Function Like a Team is Critical for Lean Operations Management

Posted by Rock LaManna on Wed, Oct 9, 2013 @ 09:10 AM

Your staff is a diverse group of people, and I’m not talking about economics, ethnicity or education.  I’m talking about mindsets.  People think differently, which is why a critical part of lean operations management is getting your team to function like a team.

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Topics: Lean Operations

Financially Speaking, Is “Doing Nothing” as a Printing Owner OK?

Posted by Rock LaManna on Wed, Aug 21, 2013 @ 09:08 AM

All this month we’re debating the pros and cons of “doing nothing” as a lead-up to my September presentation at PRINT 13.  The “doing nothing” refers to initiating a strategic change – including when and why you should do it.  Last month, we looked at operations. This month, we turn to the backbone of any printing business: The financials.

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Topics: Business Valuation, Lean Operations

The Operational Impact on Your Printing Business When You “Do Nothing”

Posted by Rock LaManna on Wed, Aug 14, 2013 @ 09:08 AM

All this month, we’ll be talking about nothing.  As in, what would happen to your business if you avoided making a big decision, and instead chose to do nothing? In this post we talk about how doing nothing can impact your operations, and believe me, the news isn’t good.

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Topics: Lean Operations

Six Ways Lean Operations Can Save You Money TODAY

Posted by Rock LaManna on Wed, Jul 24, 2013 @ 09:07 AM


Fact #1:  Lean operations involve a long-term commitment to quality.  Fact #2:  Lean operations can also add immediate dollars to your bottom line – and steer you down the road to achieving Fact #1.

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Topics: Lean Operations

Why Lean Operations Apply to Companies in Every Stage of Growth

Posted by Rock LaManna on Wed, Jun 26, 2013 @ 09:06 AM

As belt-ratcheting seems to lessen and businesses emerge from the recession, I can only hope that lean operations don’t become a thing of the past.  No matter what size your company, owners have to understand that a more buoyant economy may soon help you increase your growth.  Without a lean approach, however, you’re also going to increase your inefficiencies.

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Topics: Lean Operations