If you own a business in the Suncoast region, you’ve likely noticed the surge in economic activity. From the tech expansion in Downtown Tampa to the booming service and hospitality sectors in Sarasota, the Florida Gulf Coast is currently one of the most active M&A (Mergers and Acquisitions) markets in the country. But how does […]
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5 Fatal Mistakes When Selling And How to Avoid Them in Today’s Market
Even great businesses fail to sell when owners fall into these common traps. Overvaluation Based on Emotion: Buyers don’t pay for your “blood, sweat, and tears.” They pay for future cash flow. Avoid “guessing” your price; use market data from similar Tampa Bay sales. Owner Dependency: If the business can’t run without you, it’s […]
The Invisible Handshake: Escrow and Closing Costs
Prorations are the “math homework” of the closing table. These ensure that the buyer and seller each pay their fair share of expenses based on the exact day the keys are handed over. Because most business owners pay these bills in cycles, the “true-up” at closing can feel like a series of small stabs to your proceeds.
The “Working Capital” Peg: How Cash and Inventory Are Negotiated at Closing—and How Sellers Can Improve It to Their Advantage
By Michael Shea, Transworld Business Advisors of Tampa Many business owners focus almost exclusively on sale price. But seasoned sellers know that working capital—how much cash, inventory, and short-term assets stay in the business at closing—can quietly swing deal economics by hundreds of thousands of dollars. In lower middle market transactions especially, the working capital […]
Clean Books for SBA Financing: Why Getting Your Business “SBA Pre-Qualified” Makes It 50% More Likely to Sell to a First-Time Buyer
In practice, businesses that are financially SBA-ready are far more likely to close—often up to 50% more likely—than those that are not. Unfortunately, “SBA pre-qualification” is one of the most misunderstood concepts among sellers.