Exit Stage Right

with Martha Sullivan

12/20/18

Introducing the 5 stages of business value maturity

Maturity of a business is an interesting concept. Some measure it in terms of how old the company is, others measure it in terms of where its products and services are in their lifecycles, while others still consider the experience of the management team. Most don’t think about business maturity in terms of its approach to its value.

Posted at 12:56 PM | Permalink | Comments

12/06/18

The state of Wisconsin owner readiness is … mixed

As a group, business owners overwhelmingly acknowledge, “having a business transition plan is important both for my future and the future of my business” — 93 percent agreed with that statement. This statistic alone provides a reason for optimism. However, the optimism balloon quickly deflates as you study the report.

Posted at 01:01 PM | Permalink | Comments

11/20/18

Will you still need me, will you still feed me, when I’m 64?

The Beatles recorded “When I’m Sixty-Four” in 1966 when songwriter Paul McCartney was just 24 years old, and old age and retirement were a distant notion.

Posted at 12:08 PM | Permalink | Comments

11/01/18

What will your last job change be?

When was the last time you changed jobs? Do you remember the exhilaration of it? I was reminded of how exciting it can be as I grabbed coffee with someone today who recently started a new gig.

Posted at 12:43 PM | Permalink | Comments

10/17/18

The Wayfair decision — Can sales tax break a deal?

Tax exposure is certainly a risk every buyer should understand and analyze because it can be significant. On June 21, the Supreme Court upped the ante related to tax risk, particularly sales tax risk.

Posted at 09:01 PM | Permalink | Comments

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About This Blog

Spending half her career as an advisor to privately-held and family businesses and the other half in CFO/COO roles, Martha Sullivan is a partner and the succession planning practice leader in the business transition strategies group at Honkamp, Krueger & Co., P.C. She and her team have extensive experience assisting business owners achieve their personal, business, and transition goals. “Don’t think of the 'exit' from your business like it’s a four-letter word. Make it your next adventure!”

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