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Selling A Business, Selling Your Company

Growth Through Acquisition: An Opportunity Missed By Small Business Owners In Florida

August 1, 2023 by Michael Shea PA

One of the biggest benefits of acquisition is that you can get synergies that drop margin to the bottom line in things like purchases, logistics costs, and overhead redundancy. For example, if you acquire a company that sells similar products or services to your own, you can negotiate better prices with suppliers. You can also consolidate your logistics operations, which can save you money on shipping and warehousing. And if the acquired company has any redundant overhead expenses, you can eliminate those as well.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: acquisition, floridabusinessbroker, Lakeland, michaelsheatampabusinessbroker, orlando, smallbusiness, tampa, tampabusinessbroker, thedealboard

Business Glossary: A Guide to the Terms You Need to Know

July 24, 2023 by Michael Shea PA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): EBITDA is a measure of a business’s profitability that excludes non-cash expenses. This is a useful metric for comparing the profitability of different businesses, as it removes the impact of financing decisions and accounting choices.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #duediligence, #sellmybusiness, businessbroker, ebitda, fairmarketvalue, fmv, keymaninsurance, Lakeland, letterofintent, loi, loiletterofintent, purchaseprice, tampa, tampabay, termsheet, valuation

Why Transworld Business Advisors is the Choice for Business Owners in Tampa Bay

July 24, 2023 by Michael Shea PA

Why Transworld Business Advisors is the Choice for Business Owners in Tampa Bay If you are a business owner in Tampa Bay who is thinking of selling your business, you might be tempted to go with a small boutique business brokerage that promises you personalized service and attention. However, before you make that decision, you […]

Filed Under: Selling A Business, Selling Your Company Tagged With: bestbusinessbroker, michaelshea, tampa, tampabay, tampabusinessbroker, transworldbusinessadvisors, transworldma

Legit Tax Mitigation in Small Business: The SEP IRA

July 20, 2023 by Michael Shea PA

SEPs can be a great way for self-employed individuals and small businesses to save for retirement. They offer higher contribution limits than traditional IRAs, and contributions are made by the employer, which can make it easier for business owners to save for retirement.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: #michaelsheapa, businessbroker, entrepreneur, ira, retire, retirement, sep, smallbusiness, tampabusinessbroker, taxplanning

When an Irish Catholic Finds Genius in Yiddish

July 14, 2023 by Michael Shea PA

In Yiddish, the term “mensch” (מענטש) refers to a person of integrity, honor, and decency. It is a compliment that describes someone who is kind, responsible, and compassionate. The word “mensch” is often used to emphasize someone’s admirable qualities and their commitment to doing what is right.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: alpacino, bluesky, businessdeals, Menschkeit, Transworld, trust, wisdom, yiddish

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