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Blog

Growth Through Acquisition: An Opportunity Missed By Small Business Owners In Florida

August 1, 2023 by Michael Shea PA

One of the biggest benefits of acquisition is that you can get synergies that drop margin to the bottom line in things like purchases, logistics costs, and overhead redundancy. For example, if you acquire a company that sells similar products or services to your own, you can negotiate better prices with suppliers. You can also consolidate your logistics operations, which can save you money on shipping and warehousing. And if the acquired company has any redundant overhead expenses, you can eliminate those as well.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: acquisition, floridabusinessbroker, Lakeland, michaelsheatampabusinessbroker, orlando, smallbusiness, tampa, tampabusinessbroker, thedealboard

Seeing Forward: Where to be located in the next decade

July 27, 2023 by Michael Shea PA

In 2001 I moved to Florida from Texas.  I was in a hotel in Maitland (right outside of downtown Orlando) and was having breakfast. Speaking to another couple who had just moved to the Greater Orlando area; they told me they were driving to “Lake Nona” that day to look for a home. So my wife, Char Pei Hershey, and I hopped in the rental and 45 minutes later hit cow pastures. In 2001, Lake Nona was open ground. There was a biker bar “Becky’s Bar N Grill that became Sweet Mama’s, a couple of trailer parks, the Estates where the golf pros lived, and a 7-11 off the 528 freeway.  Nothing else but a Subdivision that had just started.

Filed Under: Uncategorized Tagged With: florida, Lakeland, orlando, tampa, winterhaven

New Listing E Bike Business Listing Number 3353-473947

July 26, 2023 by Michael Shea PA

🚲🌟 Explore Orlando’s E-Bike Wonderland! 🌟🚲 🏆 FOR SALE: Thriving E-Bike Store 🏆 Discover the exhilarating world of electric biking at our premier e-bike store in the heart of Orlando! 🌴 With electrifying enthusiasm and top-notch quality, we’re proud to present an exceptional opportunity to own and run a booming business in the ever-growing e-bike […]

Filed Under: Uncategorized Tagged With: #ebike #businessforsale #winterpark #businessbroker #retail #gogreen #winterpark #orlando

Title: The Impact of Rising Interest Rates on SBA and the Sale of Small Businesses

July 25, 2023 by Michael Shea PA

Higher Borrowing Costs: When interest rates rise, the cost of borrowing increases for small businesses seeking loans through the SBA. This means entrepreneurs may face higher monthly payments and potentially reconsider their borrowing needs or postpone expansion plans.

Filed Under: Uncategorized Tagged With: #sellmybusiness, business, businessbroker, lending, sba, smallbusiness

Business Glossary: A Guide to the Terms You Need to Know

July 24, 2023 by Michael Shea PA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): EBITDA is a measure of a business’s profitability that excludes non-cash expenses. This is a useful metric for comparing the profitability of different businesses, as it removes the impact of financing decisions and accounting choices.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #duediligence, #sellmybusiness, businessbroker, ebitda, fairmarketvalue, fmv, keymaninsurance, Lakeland, letterofintent, loi, loiletterofintent, purchaseprice, tampa, tampabay, termsheet, valuation

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