Exit Strategies

Business Owner Succession Planning and Exit Strategies

January 07, 2020

by Dean Simmons

Selling the business. Exiting the company. Transitioning out of the organization. Whatever you call it, you are planning to leave your job as a business owner. As a small to medium-sized business owner, you work hard to make your company as successful as possible. And eventually, there comes a time when you decide that you are ready to depart...(continue reading)

8 ways to know if you have a job or own a business

May 29, 2019

by Connstep Team

The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have a job, not a business.   Here are eight ways to ensure you are...(continue reading)

4 Steps To Finding Your Sell-By Date

April 07, 2019

by Connstep Team

Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a company.  The sound of the gun sends blood flowing as you leap forward out of the blocks. Within five seconds you’re at top speed and within a dozen your eye is searching for the next hand. Then...(continue reading)

Is It Time to Sell or Transfer Your Business?

February 15, 2019

by Dean Simmons

A look at three options for a smooth exit strategy Selling the business. Exiting the company. Transitioning out of the organization. Whatever you call it, you are planning to leave your job as a business owner. As the head of a small to midsize company, you work hard to make sure your business thrives. But eventually there comes a...(continue reading)

Nine Ways to Leave Your Business

March 09, 2017

by Linda Colon

Planning to leave your business? Exit planning has become increasingly important with more and more baby boomers deciding to leave the workforce and transition their business to new owners. Nearly 50 business owners recently attended our event on this topic presented by Michael Camerota, founder of Touchstone Advisors, a Connecticut exit planning and merger and acquisition firm. He shared...(continue reading)

CONNSTEP solved a huge problem for us and helped us bring our delivery rate to 100%. As a direct result of that, we have been awarded with an increase in business which, ultimately, will also benefit (our supplier) Har-Conn.”

CT manufacturer Pegaasus

Chris DePentima

CEO, Pegasus Manufacturing Inc.

“I see great value in the new experiences and perspectives CONNSTEP brings to our business, at reasonable prices. They’re not like consultants, they’re like partners in the business – willing to roll up their sleeves and help.”

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Mark Burzynski

President, Arthur G Russell Co

“CONNSTEP has proved to be a tremendous resource for ESI. CONNSTEP has helped us to adapt to today’s marketplace and remain a quality minded, competitive global player. Our ISO/TS16949 implementation process was efficient and rewarding. I look forward to our future projects with CONNSTEP.”

esi CT manufacturer

Ron Delfini

President, Engineering Specialties Inc.

“CONNSTEP worked with FuelCell Energy to educate and facilitate Lean initiatives and to help meet our needs to establish an overall production improvement plan. This plan has been utilized over a period of time as a ‘guiding light’ to spur numerous improvements that dramatically reduced our product cost.”

Tom Lucas

Manager, Fuel Cell Energy

“CONNSTEP is a valuable partner to Hologic, providing the expertise and ‘outside eyes’ everyone needs to keep their continuous improvement on track. We are now well-positioned on a dynamic growth path and look forward to a long-term relationship with CONNSTEP.”

Greg Safarik

VP Manufacturing Operations, Hologic

“Our experience working with CONNSTEP has brought us benefits we never expected. It’s a great team to work with!”

Bruce Wheeler

VP of Operations, Metal Finishing Technologies Inc.

“The goals of the team were to reduce manufacturing lead-time, reduce floor space utilized, and increase worker productivity. All the goals were met. CONNSTEP helped us to better compete.”

Tornik CT manufacturer

Dan Rubbo

General Manager, Tornik LLC

“The Business Growth Program is working well for us. We enhanced our website following the meetings to improve our SEO and become more visible to search engines. The segment on negotiating …  promoted changes in our thinking and improved how we interact with customers. The mentoring between sessions was helpful in boosting our progress.”

CT manufacturer Colonial Spring

Bill Lathrop

President, Colonial Spring Co.

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