Unexpected Influence of Your Transition Mindset A critical truth: 100% of business owners will eventually leave their company. Yet, only a small percentage actively plan for this transition. The reasons behind a business owner’s exit can largely be categorized as...
Businesses are valued based on their ability to generate cash flows, and they are sold based on the expectation that they will generate future profits. The more cash flow a business can generate and secure, the more it will be worth. In The Business Transition...
“To begin with the end in mind means to start with a clear understanding of your destination. It means to know where you’re going so that you better understand where you are now and so that the steps you take are always in the right direction.” —Stephen R. Covey One...
Business owners! Make your organization less dependent on you— and more valuable! In my new book, The Business Transition Handbook, I write about several owner succession pitfalls and how to mitigate these risks. Owner dependency is the first topic that I cover!...
Laurie Barkman, the business transition sherpa, talks with Rick Vanasse, advisory board chair with Vistage, about strategies for business owners to maximize the value of their company anticipating a future ownership transition. “Laurie Barkman is just one...
l PITTSBURGH, May 16, 2023 /PRNewswire/ — Every owner will leave their business one day, but few are prepared. In her new book, The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options, author Laurie Barkman provides a...