Business Creators Radio Show With Adam Hommey From Transition to Transaction: Avoiding Ownership Pitfalls, With Laurie Barkman
You started your business for the freedom that comes with running your own company. The freedom to earn what you deserve, and to work for whomever you want, when you want, and from wherever you want.
The challenge for many business owners is that the dream remains elusive.
For you to cash out, someone must want to buy the company. An owner who is prepared with an attractive business greatly increases the odds that the business will survive a transition of hands.
How ready is your business to be sold? How ready are you for this transition?
Millions of businesses are hitting today’s market with shifting demographics, impacts of the COVID-19 recession, and changing tax regulations. Some estimates show that only 25% of businesses that go to market actually sell.
Your company needs a way to stand out.
That’s where Laurie Barkman comes in. As a “business transition sherpa” Laurie advises owners on having more valuable, sellable businesses.
Tune in and discover Laurie’s answers to questions such as:
- Why your company may not be sellable / how potential acquirers will evaluate your company.
- What impacts the value of a business?
- What trends are you seeing for small business mergers and acquisitions?
- When should a business owner start exit planning?
- And much, much more!
Every beginning has an end. The question is, will yours cash out or fizzle out?
The post From Transition to Transaction: Avoiding Ownership Pitfalls, With Laurie Barkman first appeared on Business Creators Radio Show with Adam Hommey.