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Michael Shea

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Blog

Seller Financing…get with the program or get used to not selling in the near future

May 16, 2023 by Michael Shea PA

Well, it is here… double-digit financing rates in SBA….for the better part of 2 years we have called this day with alarm. It is frankly no surprise but many from all sides of the political spectrum are blinded by the natural tendency to see the rising storm. I like to use the ballroom scene from the classic “The Poseidon Adventure” to illustrate the “boiling frog” tendency of owners to hope for the best in spite of odds.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: bbf, business, businessbroker, ibba, ism, michaelshea, orlando, sellerfinancing, smallbusiness, tampa, Transworld

What is a Platform Aquisition and Is Your Business One

May 9, 2023 by Michael Shea PA

A platform-type acquisition refers to a type of acquisition strategy in which a company acquires a platform technology or service that can be used as a foundation for future growth and expansion. Ideally, the acquirer looks for a business that provides a base of service or tech that can expand with “vertical stacking” of services […]

Filed Under: Business Management Tips, Buy a Business

How is buying a poorly performing restaurant an opportunity?

April 29, 2023 by Michael Shea PA

Established infrastructure: A poorly performing restaurant may already have an established infrastructure in place, including kitchen equipment, seating, and a loyal customer base. This can provide a foundation to build upon and may make it easier and less expensive to get the restaurant up and running again.
Opportunity for creativity: A new owner of a poorly performing restaurant has the opportunity to inject their own creativity and vision into the business. This can include rebranding, redesigning the menu, or implementing new marketing strategies that can help to differentiate the restaurant from its competitors and attract new customers.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: Lakeland, peforming, restaurant, retaurant, tampa, Transworld

How do you value and sell your retail business?

April 28, 2023 by Michael Shea PA

How to Sell a Business in Florida Valuing and selling a retail business can be a complex process. Here are some steps you can take to value and sell your retail business: Determine the value of the business: The value of a retail business is typically calculated based on the company’s revenue, profit margins, assets, […]

Filed Under: Selling A Business, Selling Your Company Tagged With: businessbroker, lawyer, michaelshea, retail, tampa, tampaflorida, valuation

How to Value and Sell Your Construction Business

April 28, 2023 by Michael Shea PA

Valuing and selling a construction business can be a complex process. Here are some steps you can take to value and sell your construction business: Determine the value of the business: The value of a construction business is typically calculated based on the company’s revenue, profit margins, assets, and liabilities. Consider consulting with a business […]

Filed Under: Buy a Business Tagged With: construction, tampabusinessbrokermichaelshea

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Recent Posts

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