Mastering the Exit: Strategies for Success, Laurie Barkman on Financial Freedom Podcast

Mastering the Exit: Strategies for Success, Laurie Barkman on Financial Freedom Podcast

March 01, 20241 min read

Laurie Barkman joins host, Dr. Christopher Loo, in an exclusive interview as they delve into the art and science of preparing your business for a successful exit. Laurie, a seasoned expert with a history of steering companies toward lucrative sales, brings her vast experience in business transition, M&A, and succession planning to our listeners.

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In this episode, we will dissect the key elements that make a business attractive to buyers, drawing on Laurie’s rich background and her role in advising business owners on maximizing their company’s value. She’ll share insights from her book, “The Business Transition Handbook,” highlighting effective strategies to circumvent common succession pitfalls and develop robust exit options.



Dive into the conversation as we uncover the secrets behind successful exit strategies, learn from the themes echoed in Laurie’s award-winning podcast, Succession Stories, and get inspired by actionable advice for entrepreneurs aiming to build businesses with a thoughtful eye toward the future. Whether you’re contemplating a transition, in the midst of one, or just starting out with your enterprise, this episode promises to equip you with the knowledge and inspiration needed for a smooth and profitable journey.

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