If your goal in life is to have no regrets, what are the things you need to address now to be happy about your business transition? Bruce Werner, family business advisor and author of “The Ownership Journey,” joins Laurie Barkman on Succession Stories to discuss how a board of advisors or family board can help with the growth and transition of your business. They also explore common issues owners face with life after the deal. You can make more money, but you can't make more time. 

 

Listen in to learn more about:

• Fiduciary boards vs. family boards

• Understanding the generational differences in ownership

• How to hire a new CEO

• The importance of succession planning

• Defining your purpose and social structure

• Advice for business owners thinking about creating a board

 

Show links:

• Bruce Werner email: [email protected]  LinkedIn: https://www.linkedin.com/in/brucedwerner/  Website: Brucewerner.com
• Grab a copy of "The Business Transition Handbook” for yourself at https://amzn.to/3Hqj2eo
• Download the official workbook to help you plan your transition as you read at https://thebusinesstransitionhandbook.com
• Follow the Succession Stories YouTube Channel
• DM Laurie Barkman on LinkedIn: https://www.linkedin.com/in/lauriebarkman/

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About Succession Stories Podcast

Succession Stories is an award-winning podcast guiding entrepreneurs from transition to transaction. Hosted by Laurie Barkman, author of "The Business Transition Handbook: How to Avoid Transition Pitfalls and Create Valuable Exit Options." 

Learn more about Laurie's strategic business transition planning and M&A advisory services by visiting: https://thebusinesstransitionsherpa.com 

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SHOW SPONSOR: STONY HILL ADVISORS

Is this the year to sell your company? Don't leave your exit to chance.

Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell.

Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.