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Michael Shea

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Blog

Do you trust your wife?

March 22, 2025 by Michael Shea PA

So there is this great scene in Shawshank Redemption where Andy Dufresne and the other prisoners are on the roof of the prison tarring the roof on a detail.

The lead guard Captain Hadley finds out he just received inheritance from his dead brother of $35,000. (Now if you do not like profanity do not watch this scene.

Filed Under: Uncategorized Tagged With: attorney, entrepreneurs, lawyer, professionals, shawshank

None of Us Get Out Alive

March 18, 2025 by Michael Shea PA

While the core 5 D’s are widely recognized, there is some variation in definitions. For instance, Evolve Systems includes “Disaster” instead of “Distress,” focusing on external threats like pandemics, which may overlap with “Distress” in other sources. This variation is not controversial but reflects the adaptability of exit planning to different business contexts. The evidence leans toward the importance of covering all unexpected scenarios, whether labeled as “Distress” or “Disaster,” to ensure comprehensive planning.

Filed Under: Business Management Tips, exitplan, exitplanning, Selling A Business, Selling Your Company Tagged With: 5d, businesssale, cepa, exitplan, selling, selling business, tampa, tampabay, Transworld

Overpricing WILL kill your deal…not might WILL

March 18, 2025 by Michael Shea PA

  If your selling a business, setting the right price is crucial for attracting buyers and ensuring a smooth transaction. Overpricing, however, can have significant negative effects, potentially decreasing the likelihood of a successful sale. This blog, written for Transworlds Michael Shea, explores why overpricing is detrimental and how it impacts the sale process. What […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: businessbrokers, guide, michaelshea, ownerfinancing, tampa

The Bank has a say on the deal. You got to understand the ratios when selling your business

March 16, 2025 by Michael Shea PA

Picture the DSCR as your business’s financial fitness test—like a CrossFit workout for your cash flow. It tells lenders if you’ve got enough moolah to cover your loan payments without turning into a pirate begging for treasure. The formula’s simpler than a sunset at St. Pete Beach:

Filed Under: Uncategorized Tagged With: businessbroker, gasparilla, honeymoonisland, michaelshea, tampa, tampatransworld

Why Transworld Business Advisors in Tampa is the Best Choice for Selling Your Business

March 15, 2025 by Michael Shea PA

Other Tampa brokers may have local knowledge, but few can match the depth of experience or the proven results that Michael Shea and Transworld deliver. Their expertise translates into accurate valuations, strategic negotiations, and smooth closings, no matter the size of your business.

Filed Under: Buy a Business, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: #value, michaelshea, tampa, tampabusinessbroker, Transworld

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Recent Posts

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