Build a Company Worth Buying, Laurie Barkman on BookThinkers

Build a Company Worth Buying, Laurie Barkman on BookThinkers

August 16, 20231 min read

Laurie Barkman, author of “The Business Transition Handbook”, had the pleasure to be on the BookThinkers podcast hosted by Luke Gifford and Nick Hutchison. In this episode, you’ll learn all about Laurie’s book, hear some interesting succession stories, why it’s important to build a company worth buying, and what you can do to set yourself up for a successful exit! Don’t be like the majority who run out of time and options.

Laurie, the business transition sherpa, is the former CEO of a company that did $100 million dollars in yearly revenue that was sold to a Fortune 50 company. She now provides Strategic Business Transition Planning (pre-M&A services) with her firm, SmallDotBig. Laurie is a wife, mother, and adjunct professor of entrepreneurship at Carnegie Mellon University, she also hosts the award-winning podcast Succession Stories!

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Show Links:

BookThinkers Website: https://bookthinkers.com/

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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