If you run your business to simply provide yourself a paycheck, you’re what we call a lifestyle business owner. There’s nothing wrong with that, but here’s the reality: lifestyle businesses rarely command strong multiples when it’s time to sell.
Selling A Business, Selling Your Company
The Rise and Fall of Quiznos Subs: How a Sandwich King Lost Its Crown
In the early 2000s, Quiznos Subs seemed unstoppable. With over 5,000 locations across the country, their toasted subs and flavorful menu made them a rival to industry giant Subway. But within a decade, Quiznos went from a beloved fast-food powerhouse to a cautionary tale of corporate mistakes and franchisee discontent.
Why Young Men Are Poised to Thrive as Business Owners in the Years Ahead
A glance at today’s job market tells a striking story: for the first time in recent memory, young male college graduates are grappling with joblessness at the same rate as those who never attended college. The accompanying chart, based on extensive analysis of recent U.S. census data, reveals that men aged 22-27—once assured a leg […]
Tampa Business Owners: Why Selling Now May Be Your Best Opportunity
If you’ve been thinking about selling your business in Tampa Bay, now may be the time to act. On a recent episode of his podcast, Tampa Business Broker Michael Shea shared insights on today’s seller’s market — and why waiting too long could mean leaving money on the table. The Current Seller’s Market in […]
The Transworld Business Advisors Buying Process: Why It Works for Both Buyers and Sellers in Tampa Bay
Buying or selling a business is one of the biggest financial decisions you’ll ever make. Whether you’re a first-time entrepreneur looking to own a business or a retiring owner ready to cash out, the process can feel overwhelming without the right guidance.