Business Transitions Are Never Easy

Business Transition

Written by Corenne Gutierrez

September 10, 2021

Business Transitions Are Never Easy

Hawkins Ash CPAs Professionals Help

Whether buying, selling or passing down a business, there are so many moving parts and unknowns. The hands-on and caring professionals at Hawkins Ash CPAs have experience to help businesses and their owners capitalize on every step of the business cycle. Here is how the Hawkins Ash team assisted an existing client through a sale and its buyers through start-up.

The Client

A family-owned, hometown grocer in northcentral Wisconsin.

Hawkins Ash CPAs has provided bookkeeping, sales tax, payroll, financial statement and tax services to client for more than five years.

Solutions Provided

The second generation of the family-owned grocer took an opportunity to sell the grocery store to a larger grocer. They leaned on Hawkins Ash CPAs to keep “things going” through the sale of the business to ensure a seamless transition. The buyer staff and leadership wanted to have continuity during the transition with the target store. Becky Doyle at Hawkins Ash CPAs worked closely with both the seller and buyer of the transaction to achieve no disruptions to vendor payments and employee payroll. Becky was diligent to ensure the payroll and tax accounts were set up correctly under the buyer and guided the buyer through start-up. She assisted with employee paperwork and data transition.

Learn about our Accounting Services

Accounting Services

Results

The seller successfully transitioned out of business. The buyer now relies on Becky and the Hawkins Ash CPAs team for bookkeeping and payroll services as well as sales tax and financial statement support.

On the Job

Meet Becky Doyle

Becky DoyleBecky Doyle is a Certified Payroll Professional and Advanced Certified QuickBooks ProAdvisor. As a senior associate, she provides payroll and accounting services to a wide array of businesses industries, including retail.

“I love working with retail; it’s relatable and more tangible. I’ve seen both ends of retail and it’s interesting to be working solely on the accounting side.”

“To me it’s intriguing to work with clients focused on gross margins and experience how their customers react to change.”
Becky Doyle

Becky holds her accounting degree from Northeast Wisconsin Technical College and is a member of the Northeast Wisconsin Chapter of the American Payroll Association.

Have Questions?
Contact Us
Share This Article
Corenne Gutierrez
I joined Hawkins Ash CPAs in 2011. As the Firm's marketing manager, I develop and deploy strategic marketing and communications plans to fulfill the marketing goals of the Firm as a whole, each office and business line.

GET connected. STAY connected.

Read More Like This

Three Tax Breaks for Small Businesses

Three Tax Breaks for Small Businesses

Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to larger businesses. Here are some examples. 1. QBI Deduction For 2018...