The webinars below were created as a refresher for those who attended the Managing Your Firm Through the Global Financial Crisis workshop and provides an informative snapshot for those unable to attend. They can be viewed online or downloaded. High resolution DVDs are available by contacting Printing Industries.

Printing Industries' CEO Philip Andersen, outlines the background and purpose of the Managing Your Firm Through the Global Financial Crisis project and how the webinars and supporting business guides can be used by printing company owners to identify and find solutions to a variety of challenges they may face.

Episode 2
Risk Management


Download this movie (27.5Mb) Duration = 7.03 mins

Some 60 per cent of Printing Industries members have never undertaken risk analysis. More than five per cent don't know what risk analysis is and less than one-in-three think they understand all the business risks they are facing. This episode looks at the present attitude of banks, symptons of pending business failure and how to identify and manage issues in the key areas of business risk, financial risk and management risk.

Almost two-thirds of members have had their cash flow impacted by the economic crisis. Almost 4 in 10 members do not prepare cash flow forecasts and half of those that do, never compare this to actual cash flow. This episode identifies symptoms of cash flow difficulties and how these should be dealt with. It also looks at managing your creditors and provides guidance on handling debtors.

Almost 10 per cent of members have either a poor relationship with their banks or have never really thought about it.10 per cent never visit their bank and one in three do not know their banking terms and conditions. This episode highlights the importance of good communication with bank managers, dealing with bank covenants and meeting bank requirements for refinancing.