Hey, Tampa Bay business owners! Michael Shea here, your trusted Tampa business broker with Transworld Business Advisors. Today, I want to talk about something that’s crucial when considering selling your business: a Quality of Earnings (QoE) report. What on Earth is a QoE Report? A QoE report is like a deep dive checkup for […]
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Successsful Pressure Washing, Window Cleaning & Roof Cleaning Listing Number: 3353-418206
This established company, operating for 13 years, offers a unique opportunity to step into a successful business in Collier and Lee Counties. They specialize in Seal n Lock Paver Sealing with Color Restoration and Roof Treatments to prevent mold, with pressure washing, window cleaning, and dryer vent cleaning as additional services. Here’s what makes this […]
Beyond Cash Flow: Why Affordability Matters When Buying a Business
When I first moved to Orlando some 23 years ago I was staying in a hotel in Altamonte Springs. By chance at breakfast I met another couple that had relocated and they were going out to a place called Lake Nona. My bride and I and our baby and dog Hershey took a drive out […]
Mastering the Art of Pricing: Key to a Successful Tampa Business Sale
In the dynamic business landscape of Tampa, pricing your business correctly is not just a matter of financial calculations; it’s a strategic imperative that can shape the entire trajectory of your sale. With Michael Shea, a trusted Tampa business broker, by your side, you have the guidance, insights, and resources needed to navigate the complexities of pricing with confidence and clarity. Together, you can unlock the full potential of your business, ensuring a successful sale that paves the way for new opportunities and ventures on the horizon.
How to Treat the Owners’ Salary in a CIM
When an owner is not actively engaged in the business, their entire salary can typically be added back. Since the owner does not fulfill a functional role in the industry, there is no requirement to hire a replacement, and the owner’s current compensation ceases upon departure.