By Michael Shea, CEPA, CBI, CMAP, BCI – Transworld Business Advisors March 11, 2025 As a Tampa-based business broker with Transworld Business Advisors and a Certified Exit Planning Advisor (CEPA®), Certified Business Intermediary (CBI), Certified Mergers & Acquisitions Professional (CMAP), and Board Certified Intermediary (BCI), I’ve seen countless business owners fixate on one number when […]
Central Florida News and Related Articles for Business
Be observant of your surrounds. The Market is Speaking
DOOR RASH IS RIGHT ! A Morning Reflection: Walmart Gig Drivers and What They Tell Us About the Economy By Michael Shea, Business Broker This morning, I found myself at an early appointment, sipping a lukewarm coffee and waiting for my client to arrive. As I sat in the parking lot, I couldn’t help but […]
Integrated Tax, Estate, and Charitable Planning for Business Owners
The module also explores charitable planning options to maximize tax benefits and achieve philanthropic goals. Finally, it details tax implications of different business entities and buy-sell agreements, providing a holistic approach to financial planning for business owners.
Tampa Business Broker Michael Shea of Transworld Business Advisors Sells Iconic Bay Area Restaurant
Transworld Business Advisors of Tampa Bay is proud to announce the sale of a Iconic Restaurant in Polk County. This 90 plus year old restaurant was sold for all cash with the leveraging of SBA lending.
How to Treat the Owners’ Salary in a CIM
When an owner is not actively engaged in the business, their entire salary can typically be added back. Since the owner does not fulfill a functional role in the industry, there is no requirement to hire a replacement, and the owner’s current compensation ceases upon departure.