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...
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....
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...
No one said this was going to be easy is a huge understatement. I was talking to a client the other day, and we were discussing the different areas of change within our industry that have taken place over the years. We went back to the film and stripping days, then...
Leading a print business shouldn’t be a solo sport. Going it alone can curtail your ability to grow and to take on the challenges of the day. So, if not solo, then what? The top leaders I’ve seen have built two strong teams around them. There’s an internal team that...