Ask Rock: Ask Me Anything: Answers from an Industry Expert

Can a Flexo Packaging Company Benefit from a Professional Business Coach?

Rock, our flexo packaging business has really taken off in the past two years. Between our amazing design team and our ability to work with new materials and processes, we are in a position to keep growing and even be acquired by a larger firm. We have a solid internal process and great employees, but it would be nice to get an outside opinion on our progress and our path. Should we bring in a business coach for an assessment and work plan? What are the benefits of hiring a coach with experience in our industry versus a generalist?

Congratulations on your success so far!

One benefit of working with a consulting firm such as LaManna Consulting Group is that we visit a lot of graphic arts companies and talk to many owners. When you work with a firm that has industry-specific expertise, you get the benefit of a body of knowledge that normally you can only gain through high-level research and expensive business intelligence.

For that reason, no matter where you are in your growth curve, it’s worth it to have us come in and evaluate your business.

Where does coaching fit in? In my practice, my consulting team and I do the evaluations. Depending on our findings, we may recommend any number of approaches, with coaching being just one of them. You may choose to have us coach you, or we can recommend a specialist in a certain area, such a family business, finance, leadership or sales. A coach will help you make guided progress to a goal, with accountability and deadlines.

You’ll want to choose a coach who inspires you, “gets” you, and speaks to your heart as well as your head. Click To Tweet

A professional business coach can help you:

  • Craft a strategic road map.
  • Develop realistic goals and a reasonable timeline.
  • Stay on track.
  • Deal with obstacles.
  • Get management on board and everyone moving in the same direction.
  • Access hidden resources.
  • Recommend other experts and providers.

Furthermore, professional business coaches know the importance of empathy, listening, humility, truth, trustworthiness, and confidentiality. At LaManna Consulting Group, integrity matters and truth matters.

If you are, as you mentioned, looking at selling the business in the next 3 to 5 years, our team can help you with all phases of preparation and sale. We also offer a no-fee valuation that will give you a feel for what buyers are paying for businesses similar to yours. Call (or text) me at 561-543-2323. We’d be happy to help.

About Rock

Rock LaManna is a seasoned business development executive, entrepreneur, and business strategist with over 45 years of proven experience. He has substantial hands-on success working with and participating in manufacturing operations, including start-ups; creating and implementing new markets; building key accounts and customer loyalty; and developing multiple strategic growth opportunities.

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