Printing Industries has launched a new series of Future Print workshops aimed at helping printing businesses to navigate ‘the rapidly transforming industry landscape.’
The Business Transition Workshops, jointly sponsored by Future Print and Media Super, will be run across the country in October and November and provide business owners and decision makers with “a clearer idea of what the future might look like and how they can prepare their business for the inevitable changes required.
“There has probably never been a more challenging and exciting time for businesses in the print and graphic communications sector, but keeping your business financially healthy and sustainable requires constant change to keep pace with the rapidly transforming industry landscape,” said a Printing Industries press release.
The sessions will be run by Richard Rasmussen, a Future Print business advisor and principal of Ascent Partners Pty Ltd, a specialist industry provider of business appraisals, valuations, business sales and related consultancy services, and Bill Healey, immediate past CEO of Printing Industries and an experienced political, public sector and media executive who has been instrumental in the design, funding and establishment of the Future Print initiatives.
Rasmussen says the sessions are designed for anyone who is contemplating change within their business, including those who are currently unsure which direction to take or how to effect the change required to achieve their professional and personal goals.
“Whether you are looking to grow your business, make changes to improve its performance or plan to transition out of the business altogether, these seminars will provide a wealth of valuable information, resources and connections to help you assess your performance, decide on a future direction, and design a solid action plan,” he says.
Over two and a half hours, delegates will look at: a range of information including the results of recent Future Print industry benchmarking against which delegates can assess their own financial performance, strengths and weaknesses; business transactions and equipment installations which will provide a clearer picture of where the market is headed, what sectors may be flagging and where new potential lies; and the methodology behind business valuation, including the drivers and potential risks, so owners can more realistically assess their options.
“The aim is to help businesses decide on the best direction, whether that be further training and investment to strengthen performance, growth by acquisition or affiliation, mergers or franchise opportunities which can help strengthen market position, downsizing or rebranding, or realising the value of your business by preparing a successful exit strategies like business sale or management buy-out, and then to work out how they put that plan into action,” Rasmussen says.
“Once we have a better picture of the industry and individual business performance and options, we’ll look at a range of case studies to see how other businesses are successfully transitioning to strengthen performance, take advantage of new opportunities or leverage the value in their businesses, which will help business owners see how these options can work in practice.
“And, of course, we’ll be providing details of resources like Future Print financial benchmarking, subsidised training options, Future Print business planning and mentoring services, and a new, one-on-one, Future Print Transition and Succession Planning service.”
October will see sessions in Sydney on 7th, Melbourne and Launceston on the 14th and Hobart on the 15th. In November, the team will move to Adelaide on 11th, Perth on 12th and to Queensland the following week, with sessions planned for Southport on 18th, and Hamilton and Brendale in Brisbane on the following day.
To find out more, go to the Future Print website, or click here to book your place at a session near you.