I took about 25 minutes yesterday to chat with Michael Hershaft a long time SBA lender in Central Florida to discuss SBA loans and what we can expect in the near to immediate future. Its important for business owners and business buyers to understand what the impact of the current economy is and how the […]
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How Long Does It Take to Sell A Business
When a business owner is thinking of selling their business in Tampa they often ask us how often it takes to sell their business? Intuitively, we always used to say it took 8 months to sell a business but the question should be why? Are there reasons for such a long duration? Well yes there […]
What happens when you overprice your business?
One of the saddest thing we witness as business brokers is sellers who listen to opinions not based on facts and data because that opinion fits their narrative. Often its from friends and or accountants who do not want to tell someone bad news or they simply do not know and base their comments on […]
How we deal with Working Capital and Work In Progress (WIP)
One of the most complicated components of a business transaction is how we deal with working capital and work in progress. Depending on the size of the transaction we address it differently. Take a few minutes to watch this video on the topic. Your specific case will be different of course and you should discuss […]
12 Mistakes You Can Make When Selling Your Business
12 Minutes and 12 Mistakes you can make when selling your business in Florida. Take a moment to watch and learn how to sell your business in Florida. Michael Shea is Tampa Florida’s #1 Business Broker and is a partner in the largest Business Brokerage in the World Transworld Business Advisors.