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,...
Created by Laurie Barkman, Former CEO and Business Transition Expert, For Entrepreneurs To Build With Their Exit In Mind PITTSBURGH, PA, July 24, 2024 /24-7PressRelease/ — Laurie Barkman, business transition expert, The Business Transition Sherpa®, announces the...
Selling your business can be a daunting process, especially when you’re faced with a barrage of questions from potential buyers. This stage is critical as it can determine the success of your sale and the future of your company. It’s not just about...
When it comes to financing your business growth, you might feel stuck between two tough choices: selling shares to raise cash, or borrowing money from a bank. Selling shares means giving up some of your valuable equity, while bank loans can be expensive and often...
If you’re a fan of the HBO show Succession, you’ll see leadership hubris, lack of role clarity, backstabbing, and ultra-fast-double-talking. Hopefully, your small company doesn’t have these dramatic attributes, but the 1 thing you might have in...
If you’re a business owner with aspirations to sell one day, the path forward can be overwhelming. There are many questions to consider including: Who should own your business after you? How long does it take to prepare your business for sale? What can you do...