Rock Around the Block - The Blog of Rock LaManna

Succession or Exit? Know the Difference

Posted by Rock LaManna on Sat, Nov 3, 2018 @ 19:11 PM

I hear the terms “succession planning” and “exit planning” a lot. Often, printing business owners confuse the terms. Let's go over each to make sure you're in a power position to consider your future moves and decisions. 

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Topics: Succession Planning, Family Business

Successful or Broke? The Right Questions Make a Difference

Posted by Rock LaManna on Sun, Jun 3, 2018 @ 07:06 AM

As your business needs to evolve, are you prepared to make the important changes necessary to become successful? Whether it's printing, signage or converting, you need to be able to answer several very important questions regarding the direction of your operations.

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Topics: Business Development, Succession Planning

Your Sales Roadmap

Posted by Rock LaManna on Sun, Apr 22, 2018 @ 15:04 PM

Rock LaManna has learned the successful sale of a printing business needs a good roadmap. For more than 25 years, he's been creating these customized sales plans for owners.

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Topics: Printer's Edge Podcast, Sales Strategy, Selling Your Business, Succession Planning

BOOM! Big Idea Strategies: Live Presentation from the GOA Expo

Posted by Rock LaManna on Wed, Mar 21, 2018 @ 07:03 AM

Rock LaManna and the LaManna Alliance were proud to present two educational sessions at this year's Graphics of the Americas Expo. This session, "Boom! Big Idea Strategies" was designed to empower print business entrepreneurs.

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Topics: Printer's Edge Podcast, Succession Planning

Lessons Learned: How My Father Sold His Business

Posted by Rock LaManna on Wed, Mar 18, 2015 @ 08:03 AM

When I started working for my father at Vomela in 1975, I knew virtually nothing about the business. But through the years, he would teach me countless life lessons about owning a company and creating a vision to successfully sell a business. 

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Topics: Selling Your Business, Succession Planning, Family Business, M&A, Rock's Story

Alarming Statistics if You’re Preparing to Sell Your Business

Posted by Rock LaManna on Wed, Jan 7, 2015 @ 08:01 AM

Why don’t you sell your business with the same approach you used when you started your business?  For some reason, all the business fundamentals go out the window with this all-important transaction. These eye-opening stats from Canada illustrate my point.

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Topics: Succession Planning, Exit Planning, M&A, Selling Your Business

Why are 75% of Owners Unhappy With Life After Retirement?

Posted by Rock LaManna on Wed, Nov 5, 2014 @ 08:11 AM

Seventy-five percent of former business owners reported being unhappy in their first 6 to 12 months of retirement, according to Pinnacle Equity Solutions. The surprising reason? They didn’t prepare themselves emotionally for life after retirement.

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Topics: M&A, Succession Planning

Don’t Ask Your Parents When They Will Retire from the Family Business

Posted by Rock LaManna on Wed, Jun 18, 2014 @ 09:06 AM

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Topics: Family Business, M&A, Succession Planning

Why Life After Retirement Depressed These CEOs

Posted by Rock LaManna on Wed, Feb 19, 2014 @ 09:02 AM

After years of hard work, these three CEOs were nearing their retirement.  They should have been jumping for joy, but instead they felt like it was the end of the world.  Yet they soon discovered there is life after retirement, provided you take the time to plan.

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Topics: Succession Planning, M&A

The Surprising Reason Why Owners Avoid Succession Planning Strategies

Posted by Rock LaManna on Wed, Jan 22, 2014 @ 09:01 AM

It’s a common predicament among printing owners who are considering retirement and succession planning strategies:  You get stuck.  You might know it’s time to create a succession plan or assume a lesser role in your company, but you can’t seem to flip the switch and take the next step.  It turns out you’re not alone.

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Topics: M&A, Management, Succession Planning