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Michael Shea

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Selling A Business, Selling Your Company

Retirement Planning for Tampa Small Business Owners: Building Wealth with Smart Financial Tools

November 5, 2024 by Michael Shea PA

A SEP IRA can be a solid foundational piece of your retirement strategy, especially if you’re looking for a flexible, high-limit option that’s simple to administer.

Filed Under: Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: 401k, cashbalance, pension, realestate, sepira

What are the Triggers that push a Tampa Business Owner to Sell Their Business?

November 5, 2024 by Michael Shea PA

According to the Exit Planning Institute, triggering events serve as a catalyst to evaluate the business’s current state and future potential. Through this process, business owners can identify gaps in profitability, readiness, and overall value, helping them make informed decisions on their next steps​.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, exitplan, exitplanning, professionals, smallbusiness, tampa, tampabay, Transworld, triggering

Selling a Pet Grooming Business in Tampa Bay: Key Considerations

November 5, 2024 by Michael Shea PA

If you’re an owner-operator, think about how you’ll transition responsibilities to a new owner. If you have experienced staff who can continue operations smoothly, it can make the sale more attractive. Buyers often look for businesses with minimal disruption risks, and a skilled, dedicated team is a valuable asset in a service business like grooming.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: #sellmybusiness, cats, dogs, grooming, michaelshea, petgroomer, pets, tampa, tampabay, tampadogs, Transworld, transworldbusinessbrokers

How to Value a Vending Route for Sale in Tampa Bay

November 5, 2024 by Michael Shea PA

Accurately valuing a vending route involves detailed attention to revenue, location stability, machine quality, operating costs, and market comparisons. By providing detailed records and showing potential buyers the route’s growth potential, you’ll be well on your way to a successful sale.

Filed Under: Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, businessbroker, closing, routes, sellabusiness, vending, vendingmachines

The Importance of Properly Pricing Your Business for a Successful Sale in Tampa Bay

November 4, 2024 by Michael Shea PA

For Tampa Bay business owners ready to sell, setting a fair and realistic price is one of the most important steps to ensure a smooth transaction. Proper pricing attracts serious buyers, shortens time on the market, and maximizes your return on investment. By focusing on SDE, cash flow, market comparables, and other relevant metrics, you can price your business accurately and make it more attractive to buyers.

Filed Under: Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bestbusinessbrokerintampa, businessbroker, businesssales, pricing, seriousbuyers, tampa, tampabay, tampabusinessbroker

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