In a move to address the challenges faced by small business owners looking to exit their companies, business transition expert Laurie Barkman has launched The Endgame Entrepreneurship™ Masterclass. This online course is designed to help entrepreneurs in the lower middle market increase their enterprise value and sell their businesses on their own terms.
The launch of this masterclass comes at a crucial time for the small business landscape. According to the Exit Planning Institute, approximately 4.5 million small businesses, valued at $14 trillion, will face owner retirement over the next decade. However, statistics show that only 20 percent of small businesses that attempt to sell actually succeed in doing so.
Barkman, known as The Business Transition Sherpa®, brings significant experience to the table. As the former CEO of a $100 million annual revenue company that was sold to a Fortune 50 firm, she understands the intricacies of business transitions firsthand. Her expertise is further bolstered by her roles as a certified mergers and acquisition advisor, Amazon best-selling author, and host of the award-winning podcast Succession Stories.
The Endgame Entrepreneurship™ Masterclass offers a comprehensive curriculum consisting of more than 70 lessons, 45 exercises, and 10 tools and assessments. The course is divided into three main sections: ‘Personal and Financial Readiness,’ ‘Measuring and Maximizing Value,’ and ‘Scale, Succession, and Exit.’ These modules are designed to provide entrepreneurs with a solid foundation in financial planning, mergers and acquisitions processes, and strategies for growth and value creation.
One of the unique aspects of this masterclass is its focus on real-world experiences. Barkman has incorporated case studies and insights from other companies, allowing participants to learn from practical examples. This approach aims to give business owners a more tangible understanding of the challenges and opportunities they may face during the exit process.
The course also addresses a critical gap in business education. While many entrepreneurs are skilled at starting and running businesses, exit planning often remains a blind spot. With 45 percent of companies failing to reach their 5th anniversary, according to the U.S. Bureau of Labor Statistics, the need for comprehensive exit planning becomes even more apparent.
To enhance the learning experience, the masterclass includes access to a peer-to-peer online forum, live mentor training, and monthly group coaching sessions led by business transition experts. These additional resources will be available to participants for 12 months at no extra cost, for a limited time.
The launch of The Endgame Entrepreneurship™ Masterclass represents a significant development in the field of business transition education. By providing accessible, comprehensive training on exit strategies, Barkman aims to empower more entrepreneurs to successfully navigate the complex process of selling their businesses.
As the business landscape continues to evolve, with millions of small business owners approaching retirement age, the need for effective exit planning has never been more critical. This masterclass has the potential to play a crucial role in helping entrepreneurs protect and maximize the value of their life’s work, ultimately contributing to a more stable and prosperous small business ecosystem.
Interested entrepreneurs can find more information about the Endgame Entrepreneurship Masterclass at https://thebusinesstransitionsherpa.com/course. The course offers flexibility for busy business owners, with no content expiration, allowing participants to learn at their own pace.
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