Ron Patterson, Victorian General Manager at Printing Industries
says it was apparent that the owners of smaller organisations were missing
opportunities that could assist their growth, and help other owners who wanted
to exit the industry.
Patterson says, "Both groups share the common goal of wanting to maximise
the returns from their business, particularly if they are thinking of leaving
the industry in the next five years or so.
"We have developed a program that can help them to do this and it begins
with just a one-hour breakfast seminar on Tuesday May 20.
"This small time commitment could provide them with the new ideas,
inspiration and the knowledge to go forward and plan for a more profitable
future. At the end of the day it's about having money in the bank and we
believe this program can set them on the right path to do that."
Topics to be covered during the breakfast program include:
- A market
overview – from a business sales and acquisition perspective. - How
businesses are presently being bought and sold. - The four
major value drivers in appraising a business. - Alternative
ways to exit. - Five exit
preparation tips. - Acquisition
versus organic growth
Acquisition strategies industry consultant Richard Rasmussen, a director of
Ascent Partners, a specialist printing and graphic arts agent, will run the
programme.
Rasmussen has spent the past 27 years working in the printing industry,
including many years with Heidelberg
Australia, and
more recently as a business development consultant. He has assisted more than
20 print companies with business sales, acquisition and appraisal services.
The event will be held on Tuesday May20 from 7am (for 7.30) at Printing
Industries Mulgrave State Office, Unit 3, 5-7 Compark Circuit, Mulgrave.
Cost is $20 for Printing Industries' members $30 non members. Bookings
to Elaine Brodie on 8541 7333 or Bruce Lowery on 8541 7304. E-mail: elaine@printnet.com.au
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.
Sign up to the Sprinter newsletter
