**Navigating the Sale: Avoiding Common Pitfalls by Michael Shea, Tampa Business Broker** In my experience as a business broker, I’ve witnessed a recurring narrative where business owners embark on the journey to sell their businesses independently, motivated by the idea of saving on broker commissions. However, this often leads to a perilous situation akin […]
Selling A Business, Selling Your Company
The Two Main Ways to Finance a Business Acquisition
One prevalent misunderstanding among potential business buyers is the belief that acquiring a business requires putting 100% of their own capital at risk. Fortunately, this assumption is flawed. Exploring this further, there are two primary financial approaches commonly employed when purchasing a business: 1. **Small Business Administration (SBA) Loan:** The SBA loan is a government-backed […]
Leverage Your Confidentiality Agreement To The Max
Effective utilization of a confidentiality agreement is paramount for ensuring the success of lucrative transactions. Failure to employ and uphold confidentiality agreements properly can swiftly derail promising deals, giving rise to an array of complications. From employees stumbling upon potential sales to the risk of losing vital customers or inadvertently notifying competitors about a business […]
When do you sell your business in Tampa?
Knowing When to Sell Your Business: Key Indicators Serial entrepreneurs find building companies for sale rewarding, but for family business owners, it may feel like admitting failure. The crucial factor in the entrepreneurial world is recognizing the right time to sell. Here are signs that indicate it might be time for you to make that […]
New Listing of Lawn Service in Seminole and Volusia County for Sale
Listing Number: 3353-460498 Description Fantastic Side Gig Business Ideal for E2visa or Hometown Hero’s Looking to supplement those down time hours. This franchise business is primed for expansion and growth. The master franchise proovides all back office support. All you have to do is sell and execute in trade sales and service. Ideal for the […]