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Michael Shea

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Blog

Timing Your Exit: How Far in Advance Should You Plan to Sell Your Business?

August 12, 2023 by Michael Shea PA

Timing Your Exit: How Far in Advance Should You Plan to Sell Your Business? Selling a business is a significant milestone that requires careful consideration and meticulous planning. Whether you’re in the vibrant city of Tampa, Florida, or elsewhere, determining the optimal timing for your business exit is crucial for achieving your goals and maximizing […]

Filed Under: Uncategorized Tagged With: #value, accountant, businessbrokeroftampa, growth, michaelshea, tampabusiness, tampabusinessbroker, TAXES, transworldbusinessadvisors

What can I do to get my business ready to sell

August 12, 2023 by Michael Shea PA

Ready to Sell? 5 Steps to Prepare Your Business for a Successful Sale Considering selling your Tampa, Florida business is a major decision that requires careful planning and preparation. Whether you’re in the bustling city of Tampa, Florida, or anywhere else, getting your business sale-ready is crucial for attracting the right buyers and securing a […]

Filed Under: Selling A Business, Selling Your Company Tagged With: preppingyour business, sellingyourbusiness, sellingyourtampafloridabusiness

What records will I need to show when selling my business in Tampa / Saint Petersburg?

August 12, 2023 by Michael Shea PA

Selling your small business in Tampa is an exciting endeavor, and well-organized books and records are your greatest allies in this process. Transparent financial statements, tax returns, sales and revenue records, expense reports, inventory and asset details, contracts and agreements, and legal documents collectively provide a comprehensive view of your business’s value and potential.

Filed Under: Selling A Business, Selling Your Company Tagged With: accountant, cpa, financialstatements, revenue, saintpetersburg, sales, smallbusiness, tampa, tampabusinessbroker, taxreturns, whatwillineed

How much is your company worth? Navigating Business Valuation: A Guide for Tampa, Florida Entrepreneurs

August 12, 2023 by Michael Shea PA

When it comes to valuing a business, it’s not just about crunching numbers – it’s a blend of art and science. Imagine it as putting together a puzzle, where each piece represents a different aspect of your business. We start by diving deep into your financials, assets, liabilities, and operations. But it doesn’t end there. The real magic happens when we combine these quantitative insights with qualitative factors like your brand’s reputation, customer loyalty, industry trends, and your competition’s landscape.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: bradenton, business, clearwater, howmuchismybusinessworth, Lakeland, selling, sellmybusinesstampa, tampabay, valuation, whatismybusinessworth, winterhaven

Responsibility: This Is Courage

August 11, 2023 by Michael Shea PA

You think I am brave because I carry a gun. Your fathers are much braver because they carry responsibility! For you, your brothers, your sisters, and your mothers. And this responsibility is like a big rock that weighs a ton! It bends and twists them until it finally buries them underground! And there is nobody that says they have to do this. They do this because they love you and because they want to. I have never had this kind of courage. Running a farm, working like a mule with no guarantee whatever comes of it. This is bravery!”

Filed Under: Uncategorized Tagged With: bravery, courage, fatherhood, motherhood

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