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Aug 15, 2023

When’s a Good Time to Think About Succession, Laurie Barkman on Building HVAC Science Podcast

This episode should be helpful to business owners. However, anyone working in a business should find it interesting to know more about one of the topics on the mind of many business owners: business succession planning.

After walking the walk of leading a $100M family-owned business through their transition, Laurie is now a guide to business owners providing a structured process to plan successful transitions of their companies.

Laurie’s journey and expertise serve as a beacon of guidance, illuminating a path towards effectively planning and executing seamless transitions in the dynamic realm of business.

Laurie hosts a podcast, Succession Stories, has written a book: The Business Transition Handbook and is an adjunct professor of Entrepreneurship at the Tepper School of Business at Carnegie Mellon University.

Show Links:

Youtube: https://www.youtube.com/@TruTechTools/podcasts
Website: https://www.buildinghvacscience.com/
Bill Spohn’s LinkedIn: https://rb.gy/8svaf

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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.”

 

Learn More About the Book

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6 Critical Steps to Plan Your Business Transition

6 Critical Steps to Plan Your Business Transition

Business transition and succession planning involves big decisions. There are emotional aspects too! While there's no one roadmap, here are six critical steps to achieve business transition success regardless of which path you take.
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Who Else Wants to Run a Company That Can Thrive Without You?

Who Else Wants to Run a Company That Can Thrive Without You?

Laurie Barkman emphasizes the importance of decreasing owner dependency for increased business value. She presents seven actionable strategies, including building leadership teams, delegating tasks, and aligning incentives, that help organizations thrive beyond their owners' involvement.
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