Maximizing Business Value: Proven Approaches to Business Transition Planning, Laurie Barkman on Business Exit Success

Maximizing Business Value: Proven Approaches to Business Transition Planning, Laurie Barkman on Business Exit Success

August 30, 20230 min read

In this episode of Business Exit Success, Laurie Barkman joins Tom Poltersdorf Jr. to discuss the strategies, tips, and proven approaches for successful business transition planning. They discuss valuable insights to help business owners maximize their business’s value during times of change.

Whether you’re navigating changes in leadership, ownership, or structure, they discuss key considerations to ensure a smooth transition that preserves and enhances your business’s value.

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Show Link:

Website: https://beyondyourexitwm.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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