The Agent of Wealth
How to Plan a Winning Business Transition With Laurie Barkman
100% of business owners are going to exit one day, but less than 10% have a written and communicated plan for doing so. If you fall into the remaining 90%, it’s time to get a plan in place.
In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Laurie Barkman, “The Business Transition Sherpa.” She’s the former CEO of a $100 million revenue company, the author of The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options, and hosts the award-winning podcast Succession Stories.
In this episode, you will learn:
- How to proactively plan your business transition before it’s too late.
- How business owners can get clear on the value of their business, including tips any business can use to add value.
- What it means to create a contingency plan, and compelling reasons for doing so.
- How to assess potential risks, and protect your business against them.
- How to determine what’s more important to you regarding numbers and emotional decision-making.
- And more!
Resources:
Episode Transcript & Blog | thebusinesstransitionsherpa.com | The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options | Succession Stories | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call
100% of business owners are going to exit one day, but less than 10% have a written and communicated plan for doing so. If you fall into the remaining 90%, it’s time to get a plan in place.
In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Laurie Barkman, “The Business Transition Sherpa.” She’s the former CEO of a $100 million revenue company, the author of The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options, and hosts the award-winning podcast Succession Stories.
In this episode, you will learn:
- How to proactively plan your business transition before it’s too late.
- How business owners can get clear on the value of their business, including tips any business can use to add value.
- What it means to create a contingency plan, and compelling reasons for doing so.
- How to assess potential risks, and protect your business against them.
- How to determine what’s more important to you regarding numbers and emotional decision-making.
- And more!
Resources:
Episode Transcript & Blog | thebusinesstransitionsherpa.com | The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options | Succession Stories | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call