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Michael Shea

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Buy a Business

Business Glossary: A Guide to the Terms You Need to Know

July 24, 2023 by Michael Shea PA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): EBITDA is a measure of a business’s profitability that excludes non-cash expenses. This is a useful metric for comparing the profitability of different businesses, as it removes the impact of financing decisions and accounting choices.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #duediligence, #sellmybusiness, businessbroker, ebitda, fairmarketvalue, fmv, keymaninsurance, Lakeland, letterofintent, loi, loiletterofintent, purchaseprice, tampa, tampabay, termsheet, valuation

When an Irish Catholic Finds Genius in Yiddish

July 14, 2023 by Michael Shea PA

In Yiddish, the term “mensch” (מענטש) refers to a person of integrity, honor, and decency. It is a compliment that describes someone who is kind, responsible, and compassionate. The word “mensch” is often used to emphasize someone’s admirable qualities and their commitment to doing what is right.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: alpacino, bluesky, businessdeals, Menschkeit, Transworld, trust, wisdom, yiddish

How Does Roll Over Equity Work?

July 14, 2023 by Michael Shea PA

Roll-over equity, also known as equity rollover or equity reinvestment, is a mechanism commonly used in business sales or acquisitions where the existing owners or management team of the target company have the opportunity to retain an ownership stake in the new or acquiring entity. It allows them to “roll over” a portion of their existing equity into the new company’s equity structure.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: michaelshea, tampabusinessbroker, tampabusinessbrokermichaelshea, transworld business advisors

Polk County and the Lakeland / Winter Haven Metroplex….where to buy and grow a business

July 11, 2023 by Michael Shea PA

Stuck between coastal Tampa Bay and Orlando. Polk County is seeing massive growth. The cost of housing and explosive growth of the two metroplexes puts Polk County in a unique situation. The Lakeland / Winter Haven Metroplex is within commuting range of both Cities. Housing and a Diverse Economic base of manufacturing, education (4 universities), […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: growth, Lakeland, orlando, polkcounty, tampa, tampabusinessbrokermichaelshea, winterhaven

I’m ready to sell, where do I start? Steps to selling your business

July 7, 2023 by Michael Shea PA

I’m ready to sell, where do I start? Steps to selling your business Business owners are like a diamonds—no two are alike. The same holds true for why a business owner opts to sell their business. Each business owners’ reason for selling varies and will be based on a variety of calculations from preparing for […]

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: michaelshea, tampa, tampabusinessbroker, Transworld

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