Build Your Business With The Exit In Mind | Laurie Barkman
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On this episode of the Outlier Mindset podcast, Rodman introduces Laurie Barkman, also known as the Business Transition Sherpa, who guides business owners through transition planning and mergers and acquisitions. She emphasizes the importance of building a business with the exit in mind, ensuring entrepreneurs are prepared for a smooth and profitable transition. Laurie explains how many business owners are unprepared for their exit, and how understanding key metrics like enterprise value is crucial. She also highlights how decisions such as invoicing policies and personal expenses can impact a business's value when selling. Lastly, Laurie discusses her book, "The Business Transition Handbook," which provides actionable advice for avoiding pitfalls and maximizing value during transitions.
For more information about Laurie visit thebusinesstransitionsherpa.com
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