Aug 21, 2023

CAPitalize Your Business Succession Plan

 

How do you value a company (including yours)? How do you navigate the emotional and practical nature of the business transition process and exit on YOUR terms, while at the same time avoiding succession regrets? How does Laurie, as an M&A broker, handle a business owner’s emotional mental state when it’s the perfect time financially for them to sell? And finally, what is the best piece of advice Laurie can give business owners looking to sell their business?

Laurie Barkman, the former CEO of a company with $100 million in annual revenue that sold to a Fortune 50 firm, had the pleasure to be on the CAPitalize Your Finances podcast hosted by Chris Panagiotu. Laurie is a true “business transition sherpa,” a business exit planning advisor and host of the award-winning podcast Succession Stories, providing guidance to business owners on how to plan successful transitions.  For those of you that are looking to sell and/or buy a business and want to learn more about her framework, you NEED to read her book, The Business Transition Handbook.

 

 

https://www.youtube.com/watch?v=hjQWn-Lsq-s

 

 

Show Links:

Website: https://capitalizeyourfinances.com/

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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

170:  Navigating Family Business Transitions, Maryann Bell

170: Navigating Family Business Transitions, Maryann Bell

Laurie Barkman interviews Maryann Bell, a partner at Wingspan Legacy Partners, about the common myths and challenges facing next-generation successors in family businesses. Maryann shares insights on the importance of communication, education, and bringing in outside expertise to navigate the...

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4 Common Pitfalls To Avoid When Selling Your Business

4 Common Pitfalls To Avoid When Selling Your Business

Selling your business can feel like an intense examination. Picture this: a stranger meticulously inspecting every aspect of what you’ve built. This process, known as due diligence, is essential but can be overwhelming. Professional acquirers will have a comprehensive checklist of questions...

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