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Michael Shea

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Blog

Good Franchisor: How to identify that great business partner

September 6, 2023 by Michael Shea PA

So you made the leap. You have decided to take on your own business, attended the trade shows, got your financing lined up; but how to you pick the right Franchise? Recognizing a good franchisor is crucial for potential franchisees to ensure a successful and mutually beneficial partnership. Here are some key factors to consider when evaluating a franchisor

Filed Under: Uncategorized Tagged With: #franchise, consult, financialadvisor, franchisee, franchisor, legal, tampa, tampabusienssbroker

Boy I miss The Wisdom of the 70’s – “Kung Fu: The Journey of Kane and His Legendary Masters

September 4, 2023 by Michael Shea PA

Caine’s journey begins with Master Po, a wise and compassionate Shaolin monk who becomes his first mentor. Despite being blind, Master Po possesses extraordinary martial arts skills and an even greater understanding of life’s deeper meanings. In this clip we get Master Po teaching the lessons of Rock, Paper, Scissors.  I thought it appropriate as when I get the opportunity to coach my kids or pass some advice on I am reminded of the truths in all the fables we were taught as Kids: The Tortoise and the Hare, The Boy Who Cried Wolf, and The Miser and His Gold just to name a few.  I think you will look at Rock Paper Scissors differently now

Filed Under: Business Management Tips Tagged With: business, businessbroker, kungfu, michaelshea, orlando, tampa

Why You Should Buy An Existing Restaurant As Opposed To Starting From Scratch

August 31, 2023 by Michael Shea PA

The owner leases a space, and gets a partner who is an expert because “he was in the industry”.  They select a site, hire contractors, lease the space…and spend…the buildout was 350,000…floors, walls, hood system, plumbing, etc.  All the while spending dollars on rent, insurance, and time in a location that is not producing any sales or profits.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: #buyabusiness, buyarestaurant, pizza, restaurant, tampabusinessbrokermichaelshea, Transworld

How Does Inflation Impact Your Business Sale?

August 31, 2023 by Michael Shea PA

If you’re pondering the value of your small business, our comprehensive business valuation calculator can provide valuable insights. At Transworld, we specialize in collating all the essential data necessary to assess and list your business for sale, ensuring you reap the rewards of your years of dedication.

Filed Under: Buy a Business Tagged With: #michaelsheapa, michaelshea, tampabusinessbroker, Transworld, transworldbusinessadvisors

The Dangers of Selling Your Business Without a Broke

August 29, 2023 by Michael Shea PA

Selling a business is a complex and time-consuming process that requires careful planning and execution. Many business owners wonder, “Do I need a business broker to sell my business?” While it is possible to sell a business without the assistance of a broker, there are several advantages to hiring a professional to help with the […]

Filed Under: Selling A Business, Selling Your Company Tagged With: businessbrokeroftampa, clearwater, florida, Lakeland, tampa, tampabay, tampabusinessbrokers, winterhaven

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