4) There are printers out there looking to acquire other printers.
There is a reason why the acquisition specialists at Allegra Network and NAPL’s acquisition expert, John Hyde, are so busy. Printers who are diversifying, have great financials and a fire in their bellies are looking to buy. The management of a printer in Michigan I spoke with earlier in the year was so fired up because they made three smart acquisitions over the previous two years and were growing nicely. You can read the complete case study for yourself.
5) It is easier when you have no other choice than to engage in the business.
Sometimes it is easier when you have only one choice and one thing to do. Every industry statistic shows less demand for print and growth in competing marketing options. Call a team or family meeting and map out a plan. Lead a team to retool the business or die.
I know, pretty morbid stuff, but don’t bury your head in the pillow. You can do it.
It’s not easy. No one said running a business would be, but you must admit it‘s fun when you see positive results from your efforts. Good luck as you prepare for 2012. The fourth quarter is a great time to prepare to take the bull by the horns.
