Future Print to offer Business Transition Workshops

The PIAA-backed Future Print says it is aiming to help print businesses plan for the challenging and exciting times ahead with a new series of workshops. The Business Transition Workshops, sponsored by Future Print and Media Super, will be held across the country in October and November.

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Richard Rasmussen Future Print business advisor and principal of Ascent Partners

Future Print says the seminars will provide business owners and key decision makers a clearer idea of what the future might look like and how they can prepare their business for the inevitable changes required. The sessions will be run by ex-CEO of Printing Industries, Bill Healey, who has been instrumental in the design, funding and establishment of the Future Print initiatives together with Richard Rasmussen, who is a Future Print business advisor and principal of Ascent Partners, an industry provider of business appraisals, valuations, business sales and related consultancy services. 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. Rasmussen says, “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. “Once we have a better picture of the industry and individual business performance and options, we will 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 will 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.” The sessions will be held in Sydney on October 7, Melbourne and Launceston on October 14 and Hobart on the 15. The team will move to Adelaide on November 11, Perth on the 12 and to Queensland the following week, with sessions planned for Southport on November 18, 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.

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