Every Printing company has risk tolerance. Most have just never defined it. We could be talking about general business risk, financial risk, customer concentration risk, or any one of a variety of areas. We should also discuss the risk of acting, versus the risk of...
It looked like it was going to be a good month as the plant had been full, most jobs were running well, and sales was celebrating the win. My belief is that your financials should confirm what you already know – not surprise you. But when the month closed, the owner...
The work you’re best at may no longer be the work your company needs you to do. Face it, you didn’t start your career as a printing company CEO. You most likely came up through sales, production, finance or operations – or maybe a combination of them. You rose to the...
You’ve got a strategic plan right? Most printing company owners I meet all have one. To be kind, some are more real than others. It’s something they worked on, they believe in, and could probably recite it back to you if you woke them up at 2 AM. That’s not the issue....
Stop hiring from a position of desperation. I know, it’s much easier said than done, but there’s no time like the present to change the outcome. It’s not fun having to go through a pile of resumes from people you’ve never met, and trying to guess during a brief...
It’s another early morning as you walk through the shop. First shift is already working, and you can hear the hum of production in the background. The last few weeks have been decent relative to orders and the sales keep coming in. All in all, the business has been...