{"id":3536,"date":"2018-03-19T15:02:29","date_gmt":"2018-03-19T15:02:29","guid":{"rendered":"https:\/\/allegrafranchise.com\/?p=3536"},"modified":"2018-03-19T15:02:29","modified_gmt":"2018-03-19T15:02:29","slug":"sell-buy-question","status":"publish","type":"post","link":"https:\/\/www.allegramarketingprint.com\/franchise\/why-allegra\/industry-news\/sell-buy-question\/","title":{"rendered":"To Sell, or to Buy, That is the Question"},"content":{"rendered":"<p>A recent article in Printing Impressions titled, &#8220;<a href=\"https:\/\/kvisit.com\/Og\/zscD\/T0ryeg,1,80WK7ylvteUBdWT2LGVxeUNqWzYtDPVr6VgyogBH84I\" target=\"_blank\" rel=\"noopener noreferrer\">The Urge to Merge is Still Strong<\/a>,&#8221; advises, &#8220;If you own a printing business, you should be in either a selling or a buying frame of mind\u2014even if you have no present intention of doing either.&#8221;<\/p>\n<p>Writer Patrick Henry artfully sketches two scenarios: first, when principals of family-run businesses &#8220;have no further wish to stay involved, selling is the logical exit.&#8221; Second, as the demand for print continues to change and organic growth is harder to achieve, growth by acquisition is a strategic imperative.<\/p>\n<p>Consequently, &#8220;<a href=\"https:\/\/kvisit.com\/Og\/zscD\/T0ryeg,1,80WK7ylvteUBdWT2LGVxeUNqWzYtDPVr6VgyogBH84I\" target=\"_blank\" rel=\"noopener noreferrer\">The Urge to Merge is Still Strong<\/a>,&#8221; and an understanding of the basics of mergers and acquisitions is &#8220;smart thinking for every owner.&#8221; Henry adds that M&#038;A is like a surge of nervous energy that &#8220;reinvents growing companies, sunsets those at the ends of their life cycles, and helps the industry adapt as it must.&#8221;<\/p>\n<p>Henry introduces two consultancies, Graphic Arts Advisors and New Direction Partners, that have been &#8220;instrumental in recent deals&#8221; and &#8220;see sustained vigor in the market for M&#038;A transactions.&#8221; Several principals of the two firms are quoted and offer their perspectives on optimizing businesses for sale, common mistakes that sellers make, understanding the EBITDA multiple, and much else. <\/p>\n<p>If you are selling or buying, &#8220;<a href=\"https:\/\/kvisit.com\/Og\/zscD\/T0ryeg,1,80WK7ylvteUBdWT2LGVxeUNqWzYtDPVr6VgyogBH84I\" target=\"_blank\" rel=\"noopener noreferrer\">The Urge to Merge is Still Strong<\/a>,&#8221; should stimulate your nerve endings. At the same time, we encourage you to talk with someone who&#8217;s walked in your shoes, like Dave Jones, director of strategic growth for Marketing &#038; Print Division of Alliance Franchise Brands. Dave is a longtime corporate executive responsible for developing valuations, acquiring businesses, and integrating systems and cultures. He&#8217;s also in a unique position to answer your to sell or to buy question because he&#8217;s owned a printing business, sold it, and recently purchased another. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent article in Printing Impressions titled, &#8220;The Urge to Merge is Still Strong,&#8221; advises, &#8220;If you own a printing business, you should be in either a selling or a buying frame of mind\u2014even if you have no present intention of doing either.&#8221; Writer Patrick Henry artfully sketches two scenarios: first, when principals of family-run&hellip;<\/p>\n","protected":false},"author":2,"featured_media":3537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-3536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-franchise-how-to"],"_links":{"self":[{"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/posts\/3536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/comments?post=3536"}],"version-history":[{"count":0,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/posts\/3536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/media\/3537"}],"wp:attachment":[{"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/media?parent=3536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/categories?post=3536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.allegramarketingprint.com\/franchise\/wp-json\/wp\/v2\/tags?post=3536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}