Sarah Durham is an entrepreneur and artistic marketing consultant enthusiastic about serving to entrepreneurs. She based Large Duck in 1994 to assist nonprofits improve their visibility, elevate cash, and talk extra successfully. Now, she serves on its board of administrators after promoting the enterprise to her workers in 2021. Sarah now gives teaching to entrepreneurs, nonprofit leaders, and ladies in management roles via her agency Compton Durham. For extra data, you’ll be able to go to comptondurham.com.
If you’re excited about exit planning from your small business, I’ve an incredible skilled who will communicate to you about how she transitioned out of her enterprise, and it’s in all probability not what you’ll assume. As we discuss with Sarah Durham in the present day, we talk about two totally different transitions Sarah constituted of her personal firms, together with an employee-ownership mannequin with Large Duck. She shares her knowledge on proprietor transitions, so hear in to an excellent episode for any chief.
“As we had been transitioning to a spot the place I used to be separating from the enterprise, I actually needed to apply letting go, and I actually needed to cease being central to conversations with a purpose to make house for my colleagues to apply moving into these selections.” – Sarah Durham
Take heed to the podcast under:
This week on SmallBizChat Podcast:
- Transitioning to an employee-owned enterprise.
- Planning your exit technique earlier than you’re able to transition.
- Worker possession for small companies.
- Kinds of employee-owned organizations.
- Sarah’s work as a coach with different firms transitioning.
- Operating and rising your small business to be saleable.
- Difficulties of transitioning to worker possession.
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