May 14, 2024

A Guide to Business Transitions for Architects, Laurie Barkman on EntreArchitects

In this episode, Laurie Barkman–The Business Transition Sherpa–delves into the critical importance of architects initiating transition planning early in their careers, stressing the immense benefits it offers both financially and personally.

Drawing from her extensive experience as the former CEO of a $100 million revenue company, Laurie sheds light on the nuances between exit planning, contingency planning, and succession planning, all while emphasizing the significance of adopting a transition mindset. Whether you’re a budding architect launching a startup or an established firm owner eyeing the next phase, Laurie offers invaluable insights tailored to every stage of your career trajectory.

Discover the key factors that elevate the value of architectural firms and gain expert guidance on navigating the labyrinth of finding the perfect buyer for your firm. Laurie’s structured approach, honed through years of experience as a mergers and acquisitions advisor, promises a seamless transition process for business owners.

Don’t miss this episode packed with actionable advice and strategic wisdom from Laurie Barkman, as she equips architects with the tools they need to sculpt a prosperous future for their firms.



SHOW LINKS

Website: https://entrearchitect.com/

New Episodes Available Weekly On:

        

Get Succession Stories in Your Inbox Free

Case studies, examples, templates, and tools for business transition, plus notification of new episodes.

The Business Transition Handbook

The Business Transition Handbook

Preparing owners to navigate the emotional and practical nature of the transition process so you can exit on your terms and avoid succession regrets.

“A game changer to help you win in your exit and in life.”

 

Browse More Episodes

How to Protect Your Equity When Your Business Needs Cash

How to Protect Your Equity When Your Business Needs Cash

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 require a personal guarantee. But...

Listen
Lazy CEO Podcast, Business Transitions and Liquidity Events

Lazy CEO Podcast, Business Transitions and Liquidity Events

In this episode of The Lazy CEO Podcast, host Jim Schleckser discusses the topic of liquidity events and business transitions with expert Laurie Barkman from the Business Transition Sherpa. Laurie shares her personal experience going through an M&A process as a CEO and highlights the challenges, emo...
Listen