Measuring the performance of a business can take many shapes. But there is one indicator that rises above them all, no matter the size or history of the business. That’s EBITDA. It’s not just accountant talk.
It seems like every time I open a copier industry email or publication, I’m reading about another string of acquisitions. And as you know, Marco is certainly an active participant. In recent years, the copier industry has seen a steady increase in consolidation.
As copier dealers, the industry has treated our businesses very well for many reasons – customer retention, strong cash flow and most notably, recurring revenue streams. Personally, it has provided us with financial stability and great lifestyles. It’s been a good run.