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.
Rock Around the Block - The Blog of Rock LaManna
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.Read More
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.Read More
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.Read More
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.
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.Read More
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.Read More
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.
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.