Best Practices for Exit Planning and M&A strategies, Laurie Barkman on the Enterprising Families Podcast with Tsitsi Mutendi

Best Practices for Exit Planning and M&A strategies, Laurie Barkman on the Enterprising Families Podcast with Tsitsi Mutendi

December 30, 20221 min read

Laurie Barkman joined Tsitsi Mutendi on the Enterprising Families Podcast. Listen in as Laurie shares on best practices for exit planning and M&A strategies as well as the emotional side of business transitions and letting go.

Laurie Barkman is a Business Transition and Mergers and Acquisitions Advisor, and calls herself The Business Transition Sherpa.

With her firm, SmallDotBig, she advises business owners on having more valuable, sellable businesses. And as a Partner with Stony Hill Advisors, a mergers and acquisitions firm, she guides them through the complex process of letting it go.

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Show Links:

SmallDotBig.com

Business Assessment Survey

Stony Hill Advisors website

MeetLaurieBarkman.com

Laurie Barkman on LinkedIn

The Enterprising Families Podcast takes an in-depth look at the everyday issues that affect Family Businesses and Family Enterprises. Focusing on the essential conversations like Family Governance and Succession Planning and the intricacies that affect transitioning between generations, having multigenerational families, and managing wealth and the impact of wealth. Guests from diverse backgrounds share their experiences. Hosted by Family Governance Expert and Nhaka Legacy Lead Consultant Tsitsi Mutendi.

Listen on Spotify

Laurie Barkman

Laurie Barkman, The Business Transition Sherpa, emphasizes the importance of planning for the exit of a business, citing that only 20% of companies in the lower middle market have an intention to sell. She highlights the need for an ownership succession plan, estimating the value of the business, addressing risk tripwires, and embracing a sell-ready mindset.

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