The buyer and seller must agree on the allocation, and both file IRS Form 8594 accordingly. That’s where negotiation and experience matter—because every dollar you shift into goodwill instead of hard assets can save you real money.
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Navigating Business Success with Michael Shea at Transworld Business Advisors Tampa Bay
When it comes to buying or selling a business in Tampa Bay, having an experienced guide can make all the difference. Michael Shea, a seasoned business advisor with Transworld Business Advisors, brings a wealth of expertise and a client-focused approach to help entrepreneurs achieve their goals. In a recent video, Michael shares his insights on […]
Why Business Owners Struggle with the Value of Their Business at Sale
It’s the marketplace—not the seller—that ultimately sets the price. Buyers compare your business to others available, looking for risk-adjusted return. If your business nets $150,000 per year, and similar businesses are selling at a 2.5x multiple, you’re looking at around $375,000 as a value—regardless of how much you spent building it.
Sunshine & Opportunity: Why Florida Vacation Rental Management Companies Are Hot Commodities
Michael Shea represents the Central Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 450 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
How Rising Interest Rates Are Making SBA Business Sales Tougher in Tampa
By Michael Shea, Transworld Business Advisors of Tampa Bay For years, SBA-backed lending has been the engine driving small business acquisitions in the Tampa Bay market and across the country. These loans—often used by individuals buying owner-operated businesses—have helped first-time buyers access the capital they need to close deals, while giving sellers a clear path […]