Charting the Course: Navigating Success at the End of the Entrepreneurial Journey, Laurie Barkman on Dominate Your Day

March 22, 2024•1 min read

Laurie joins host, Dana Williams, as they talk about the importance of considering the end game and success strategies when starting a business. She highlights the significance of both organic and acquisitive growth, the role of financial performance, and the value of preparing for business exits early.

Laurie also discusses her book, ‘The Business Transition Handbook,‘ aimed at guiding business owners through creating valuable exit options and avoiding common succession pitfalls.

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Their conversation covers evaluating business worth, understanding key value drivers, and the necessity of transferability for a successful transition. Additionally, Laurie introduces her advisory services for growth-minded business owners and her upcoming course designed to provide entrepreneurs with the tools for effective business planning and transition.

SHOW LINKS
Website: https://www.danawilliamsco.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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