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PR Predictions for 2020: Handicapping M&As, Valuations, Profitability and Utilization
The PR M&A field continues to roll right along. Here’s a few areas where agency owners and managers should keep their eyes peeled this year when it comes to the M&A landscape. M&A Transactions PR M&As, quite active in 2019, show no sign of slowing down this year. Expect a surge in new deals, as…
What PR Firms Can Learn From the WeWork Debacle
Several years ago, I was a guest speaker at two WeWork “Lunch & Learn” seminars, discussing mergers and acquisitions and strategic planning to a diverse group of businesses gathered at the office-sharing company. I was impressed with the WeWork model. It was a collaborative, fun environment, encouraging people to network and cross-refer business opportunities. The…
PR Agency Valuations are Worth the Investment Now More than Ever
Some things never change. Almost five years ago there was chatter in the PR space that agency valuations are not worth the time and money. At the time, I vigorously disputed the notion and explained in great detail why that’s a bad idea. Unfortunately, those comments by the same individual have reemerged, and I feel…