Spend the year before your sale expanding your reach. A broad, stable customer base in the Gulf Coast region makes your cash flow “sticky.”
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What could possibly go wrong when you sell your own business?
If you only have one person at the table, they have all the power. They know you don’t have a backup plan, which leads to lopsided terms, aggressive “earn-outs,” or a price that favors the buyer’s wallet over yours.
Is Your Tampa Bay Business a Sellable Asset or a High-Stakes Job?
If the business’s success is 90% dependent on your personal “secret sauce,” a buyer sees 90% risk. In the Tampa Bay M&A market, that risk translates directly into a lower EBITDA multiple or, worse, a deal that never closes.
How to Set Up a Corporation In Florida and Get Licensed In Orlando
Think of setting up a Florida corporation like building a house — you need the foundation first (state-level), then the walls (local level), then utilities (tax & compliance). Here’s the full roadmap: 🏗️ PHASE 1: The Foundation — Form Your Corporation with the State of Florida Where: Florida Division of Corporations (Sunbiz.org) Steps: Choose your […]
Expert, Authoritative, and Trustworthy: Why Michael Shea is Central Florida’s Leading Business Broker
Industry Influence: His blog serves as a resource for both buyers and sellers, offering insights into market trends and the intricacies of Florida business law.