By Michael Shea, Senior Business Broker, Transworld Business Advisors If you own a business that deals with cash—restaurants, retail, service work—you’ve probably heard someone say, “Everyone skims a little.” It’s often framed as harmless. A little “off the books” money to avoid taxes. Here’s the truth: skimming is one of the most expensive mistakes a […]
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Buying and Selling a Pool Route in Tampa: What You Need to Know
By Michael Shea, Senior Business Broker, Transworld Business Advisors In Tampa Bay, pool service isn’t just a business—it’s a steady, year-round revenue stream. With Florida’s endless sunshine and high demand for clean, sparkling pools, buying or selling a pool route can be a smart move for both entrepreneurs and seasoned operators. But, like any business […]
10 Questions Every Tampa Bay Business Owner Should Ask Before Hiring a Broker
Here’s why: more than 80% of businesses listed for sale never sell. Your broker can be the reason you join the successful 20%… or the majority that never close.
What is the difference between SDE, OB, EBIT, Net Profit, and EBITDA?
Shea explains that DE/SDE/OB represent the free cash flow available to an owner after adjusting for non-transferable and one-time business expenses, such as personal car payments or hurricane repairs.
Why Michael Shea’s CBI Certification and Corporate Training Set Him Apart for Business Owner
In today’s competitive business landscape, choosing the right advisor is essential for owners looking to buy, sell, or grow their enterprises. Michael Shea stands out for two compelling reasons: his prestigious Certified Business Intermediary (CBI) designation from the International Business Brokers Association (IBBA), and his extensive sales, marketing, and distribution training with global giants Pepsi […]