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Business Management Tips

5 Things You Should Never Say When Negotiating a Business Deal

May 12, 2025 by Michael Shea PA

Rushing to close a deal by glossing over details is a recipe for trouble. Skipping due diligence, contract specifics, or financial reviews can lead to costly surprises post-sale. Patience is key in negotiations. Instead of pushing to wrap things up, say, “I want to ensure we’ve covered all the details to make this a smooth transition for both sides.” This demonstrates professionalism and protects your interests.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, clarify, close, deal, idontcare, offer, tampa

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

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