Post about "business"

Questions to Ask About a Quick Printing Business For Sale

If you’re planning to acquire a quick printing business for sale, you probably know most of the questions to pose to sellers, so you can learn, for example, terms of the lease, whether employees are covered by union contract and value of the equipment.But there are more probing questions to ask so you can avoid a company that looks good on the surface, covering hidden problems. Three issues to explore in depth when evaluating companies in this industry relate to:1. Recoverability–Like most companies in the current economic environment, some or all of the quick printing business for sale offerings show a decline in revenues over the past couple of years. This industry was hit hard by the recession as customers–many of them small businesses–cut back on their printing orders or even closed their doors.It’s critical to know which of these categories applies to the majority of clients for a business being considered as a purchase candidate. The answer to questions on this topic will reveal important clues about how quickly and effectively the company will recover as the economy gets healthier. Clearly it’s more encouraging to learn that most customers are still in business and will have more printing requirements as their fortunes improve.2. Income or inconvenience–While a quick printing business for sale looks particularly appealing if it incorporates other enterprises like scanning and large format services, those operations don’t always generate adequate returns to justify their equipment and employee costs. The seller should be asked to separate, from company’s totals, the income and expenses associated with each “profit” center.The statement that peripheral enterprises are profitable should be proved with the figures. And if the seller points out how associated activities attract customers for the main part of the business, further questions should be asked to determine if those claims are rooted in assumption or in fact.3. Comparing with industry averages–The buyer evaluating businesses in this industry and armed with knowledge about some common ratios, is able to ask the right questions. If the seller shows annual earnings before interest, taxes, depreciation and amortization (the EBITDA formula widely used in analyzing business opportunities) that fall outside the range of 10% to 20% of gross revenues, some careful analysis should follow.Certainly not all companies in the industry meet that ratio. But knowing the number makes for a good starting place to form questions about the company’s profitability.An informed buyer knows to investigate the reason a company is, for example, showing earnings of seven-and-a-half cents for every dollar generated. Is there a fixable problem such as a bloated staff? Or does the pricing structure, necessitated by the highly competitive environment, mean the company is doomed to underperform?Meanwhile, the seller who reports keeping 25 cents of every dollar generated, may be “forgetting” to mention that, for example, the business has a special rent deal from the seller’s mother-in-law, or that relatives are “employed” in the company but not paid.Alternatively, the quick printing business for sale you’re investigating might enjoy better-than-average earnings because it has developed just the right menu of services offered at high profit-generating prices to a loyal following of affluent customers.Why are the company’s earnings above average? It’s the buyer’s job to find that out.And the seller of a particularly profitable company might be justified in setting an asking price higher than 50% of annual gross revenues–the rule-of-thumb valuation for this business.One such justification can be the seller’s willingness to finance 25% to 35% of the price.In any event, if you understand what a buyer typically pays for a quick printing business for sale, what the P&L should look like, and what are potential problems that may not be obvious to the uninformed purchaser, you are well equipped to identify a desirable business and know what it’s worth.

An Overview Of Epoxy Flooring Sydney

One of the most durable types of floors that you can put down on any solid surface is an epoxy floor coating Sydney. These are typically made from some type of polymer, yet they can be made from materials such as plastic, paint, or other adhesive materials. Derived from epoxides, these polymers are designed for maximum durability and resistance to wear and tear. Here is an overview of why you should consider epoxy floor coatings for your business, regardless of the industry that you are in.

Where Are These Materials Typically Used?

These materials can be used in many different commercial and industrial settings. If you have a warehouse or a storage facility that is quite large, this would be the best material to use. In most cases, this is applied over concrete flooring. The adhesive and the concrete will chemically bond together to maintain its overall resilience. This will make the floor much more durable, resistant to scratches and dents, plus it can withstand heavy loads that are often found in commercial warehouse settings.

How Is This Material Applied?

This material can be applied in several different ways. However, preparation must be done prior to the application. It is recommended that the surface material be somewhat porous and completely free from particulate material such as dust or sand in order to have a strong connection. For epoxy to adhere to any surface, there must be a fully cured material, such as concrete which is the main material upon which these epoxy coatings are applied. Once the floor has been cleaned and made rough to some degree, it can be applied within hours. Additionally, the temperature must be suitable for this application. If it is too hot, or too cold, the epoxy can subsequently peel up or it may actually bubble during the application process.

Why Is This An Advantageous Surface Coating?

There are several reasons why commercial and industrial companies will use this material. First of all, it has a very appealing appearance. You can get a very high gloss reflective appearance if it is applied properly and maintained over time. It is also extremely durable and easy to install. It is this combination of durability, and its ability to resist stains caused by oil and water, that makes this the most appropriate material to use. Ideally, the epoxy that you apply should also be chemically resistant which is perfect for many industrial businesses that work with many chemicals.

If you are in an industry that requires the use of a warehouse, you will certainly want to consider this type of floor application. Epoxy floor Sydney coatings are also economical to apply, and also maintain, which is yet another reason thousands of businesses apply this to their floors all across the world. If you happen to be in Sydney Australia, you can contact our business to get a quote on how much this will cost. Our goal is to provide local businesses with the best floor coating materials, and epoxy floor coatings are among the very best.