Navigating the Emotional and Practical Challenges of Business Transitions, Laurie Barkman on How2Exit

Navigating the Emotional and Practical Challenges of Business Transitions, Laurie Barkman on How2Exit

Appearances
September 15, 2023•0 min read

Laurie Barkman shares her journey from being the CEO of a privately held company to becoming a mergers and acquisitions advisor. She discusses the emotional and practical aspects of business transitions and highlights the importance of planning for the future. Laurie also emphasizes the need for a transition mindset and the value of understanding the different types of buyers in the market. The book “Business Transition Handbook” is a valuable resource for business owners, family businesses, next-gen leaders, and acquisition entrepreneurs who are looking to navigate the complexities of business transitions.

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Website: https://www.how2exit.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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