As a seasoned Tampa business broker with over two decades of experience, I’ve witnessed firsthand the transformative power of business acquisitions. However, embarking on this journey requires careful consideration and strategic planning. Your first meeting with a potential seller sets the tone for the entire acquisition process, and it’s crucial to approach it with the right mindset and questions.
Business Management Tips
How to Prepare Your Tampa Small Business For An Emergency
By Michael Shea Tampa Business Broker As a Tampa business broker, I’ve seen firsthand the devastating impact that emergencies can have on businesses. Whether it’s a natural disaster like a hurricane or an economic downturn, these events can cause major disruptions to your operations and potentially even threaten your business’s survival. Natural Disasters Natural disasters […]
A Bronx Tale: Gangster Lessons
I love the scene because I see people argue in deals of small amounts of money. They banter about “principle”. The genius of the advice here is that a) “C” learned a valuable lesson on who to lend money to b) the cost of $20 removed a person of poor character from his life for a nominal amount c) and that sometimes mistakes can be turned into learning events and benefits.
Boy I miss The Wisdom of the 70’s – “Kung Fu: The Journey of Kane and His Legendary Masters
Caine’s journey begins with Master Po, a wise and compassionate Shaolin monk who becomes his first mentor. Despite being blind, Master Po possesses extraordinary martial arts skills and an even greater understanding of life’s deeper meanings. In this clip we get Master Po teaching the lessons of Rock, Paper, Scissors. I thought it appropriate as when I get the opportunity to coach my kids or pass some advice on I am reminded of the truths in all the fables we were taught as Kids: The Tortoise and the Hare, The Boy Who Cried Wolf, and The Miser and His Gold just to name a few. I think you will look at Rock Paper Scissors differently now
Why You Should Buy An Existing Restaurant As Opposed To Starting From Scratch
The owner leases a space, and gets a partner who is an expert because “he was in the industry”. They select a site, hire contractors, lease the space…and spend…the buildout was 350,000…floors, walls, hood system, plumbing, etc. All the while spending dollars on rent, insurance, and time in a location that is not producing any sales or profits.