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Michael Shea

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Buy a Business

Seller Financing on the Rise in Tampa Bay: Rate Cuts Have Minimal Impact on Deal Timelines

January 14, 2025 by Michael Shea PA

Tampa’s thriving business ecosystem, spanning industries like hospitality, healthcare, and professional services, remains active despite economic pressures. However, higher interest rates have put pressure on acquisition costs and business valuations. To overcome these challenges, buyers and sellers are collaborating on creative deal structures that benefit both parties.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: fed, michaelshea, ratecuts, seller, sellers, tampa, tampabay, tampabaybusinesscommunity, tampabaybuyers, transworldbusinessadvisors

79% of Tampa Bay Business Owners Struggle with Rising Costs Despite Reports of Easing Inflation

January 14, 2025 by Michael Shea PA

As we are days away from the new administration being installed, business owners look for relief from the last couple of years of tightening credit lines and expensive money. The Federal Reserve and the Bureau of Labor Statistics recently reported that inflation is slowing, with the Consumer Price Index (CPI) for September at 2.4%, down […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: buying, hillsborough, inflation, investment, michaelshea, pinellas, selling, smallbusiness, tampa, tampabay, tampabusinessbroker

Westchase: Tampa’s Hidden Gem for Residents and Businesses Alike

January 13, 2025 by Michael Shea PA

Nestled in the northwest corner of Hillsborough County, Westchase has emerged as one of Tampa’s most desirable suburbs. This master-planned community offers a perfect blend of suburban tranquility and urban convenience, making it an attractive destination for both residents and businesses.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: median income, smallbusiness, tampa, tampabusinessbroker, Westchase

Tugboat and The Cargo Ship – Small is not always easy

January 7, 2025 by Michael Shea PA

In contrast, transitioning to lead a small business is like stepping into the role of a tugboat captain. Here, the vessel is smaller, but the impact is immediate and direct. Every decision matters. There’s no autopilot—leaders must constantly adapt to shifting conditions, whether it’s market dynamics, customer demands, or internal challenges.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: #sellmybusiness, exit, michaelshea, tampa, tampabusinessbroker

How to Buy a Business In Tampa Bay

December 16, 2024 by Michael Shea PA

Buying a Business in Tampa Bay and leveraging the Business Brokers of Florida listing system is key to both selling a business in Tampa and getting deals done. The Cooperative brokerage network in Florida is unique to the industry and we took our ebook on buying a business and rolled it into a podcast so […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #buyabusiness, howto, michaelshea, tampabusinessbroker

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