Owning a business in Tampa Bay isn’t just about keeping the doors open and customers happy — it’s about building long-term value. For many owners, their business is their largest asset, yet they rarely check in on its market value until they’re ready to sell. That’s a mistake. Just like you meet with your CPA […]
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Why Choosing a CEPA, CM&AP, and CBI Certified Business Broker Like Michael Shea Matters for Tampa Business Sellers
When you’re preparing to sell your business, the stakes couldn’t be higher. The right advisor can mean the difference between a smooth, profitable exit and leaving money on the table. In Tampa’s competitive business-for-sale market, it’s critical to work with a broker who brings not only local expertise but also nationally recognized credentials. That’s where […]
Asset Sale vs. Stock Sale — What Tampa Business Owners Need to Know About Capital Gains Tax
When selling a business in Tampa or anywhere in Florida, one of the most important decisions is whether the transaction will be an asset sale or a stock sale. The choice impacts not only the buyer and seller’s legal responsibilities but also how much you’ll owe in capital gains taxes. As Tampa’s leading business broker, […]
The problem with skimming cash…it costs you in the long run
By Michael Shea, Senior Business Broker, Transworld Business Advisors If you own a business that deals with cash—restaurants, retail, service work—you’ve probably heard someone say, “Everyone skims a little.” It’s often framed as harmless. A little “off the books” money to avoid taxes. Here’s the truth: skimming is one of the most expensive mistakes a […]
What is the difference between SDE, OB, EBIT, Net Profit, and EBITDA?
Shea explains that DE/SDE/OB represent the free cash flow available to an owner after adjusting for non-transferable and one-time business expenses, such as personal car payments or hurricane repairs.