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Michael Shea

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Business Management Tips

Key Terms Every Tampa Business Owner Should Know Before Selling Their Business

April 30, 2025 by Michael Shea PA

  Selling your business is a major milestone — one that can impact your finances, your family, and your future. But if you’re like most Tampa Bay business owners, you didn’t start your company with a sale in mind. That means you may be unfamiliar with the terms, processes, and language buyers and brokers use […]

Filed Under: Business Management Tips, exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: add-backs, assetsale, cbr, cim, duedilligence, earnings, earnout, loi, noncompete, sde, stocksale, terms, workingcapital

The Key KPIs Every Tampa Business Owner Should Be Tracking

April 30, 2025 by Michael Shea PA

KPIs aren’t just for accountants or marketing teams — they’re for you, the business owner. The Tampa market is vibrant, but it’s also competitive. You can’t afford to run your business on instinct alone.

Filed Under: Business Management Tips, exitplan, exitplanning, Selling A Business, Selling Your Company Tagged With: cac, customer, grossprofitmargin, kpi, leas, lifetimevalue, michaelshea, operatingcashflow, productivity, revenuegrowth, tampa, Transworld, website

5 Things Every Business Owner Should Do Annually to Plan for Growth

April 30, 2025 by Michael Shea PA

It may be time for a performance review process, team restructuring, or training investment. And don’t forget to review your own leadership. Are you spending time on the right things, or getting buried in tasks you should delegate?

Filed Under: Business Management Tips, exitplan Tagged With: exitplan, michaelshea, objectives, refresh, review, reviewfinancials, strategy, tampa, thoughts, transworldbusinessadvisors, valuation

From Burnout to Buyout: How Smart Florida Owners Plan Their Exit

April 22, 2025 by Michael Shea PA

Owning a business in Florida’s vibrant economy can be exhilarating, but it often comes with long hours, high stress, and the looming threat of burnout. For many entrepreneurs, the dream isn’t just building a thriving company—it’s exiting on their own terms, with a lucrative buyout that secures their financial future. Smart Florida business owners don’t leave their exit to chance. They plan strategically, turning burnout into a springboard for a successful sale. Here’s how they do it.

Filed Under: Business Management Tips, exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: #value, crm, financials, florida, michaelshea, offerings, owner, prepare, privareqquity, tampabay, Transworld

Couples in Business: How to Protect Your Family, Finances, and Future

April 18, 2025 by Michael Shea PA

Starting and running a small business with your spouse or partner can be deeply rewarding. You’re building something together, aligned in vision and values, and enjoying the flexibility of being your own bosses. But when love and business mix, so does risk. Without the right planning, ownership structure, and protections in place, a lawsuit, divorce, […]

Filed Under: Business Management Tips, Buy a Business, exitplan, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, businessbroker, couples, exitplan, generatewealth, lawyers, riskmitigation, tampa, tampabay

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