Business owners across generations assess their readiness for exiting differently, reflecting personal and strategic priorities. As someone who has guided numerous business transitions, I see the personal leg of exit planning as a critical starting point. The data suggests a generational divide in readiness, with older owners like Baby Boomers showing higher confidence, possibly due […]
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Generational Perspectives on Pre-Transition Value Enhancement in Business Exits
Among Baby Boomers, 43% cited lack of necessity or time as primary barriers, aligning with benchmarks from similar studies like the 2013 EPI report, where over 70% of owners lacked formal exit plans.
How Businesses in Tampa Bay and Clearwater Are Organized: Key Insights for Owners and Buyers
Michael Shea works with owners every day to structure smart exits, connect with qualified buyers, and ensure smooth transitions. Whether you’re a Baby Boomer thinking about retirement, a Gen X owner preparing for the next phase, or a Millennial ready to scale and sell, the right plan makes all the difference.
Why You Want Mike Shea in Your Corner as a Broker If You’re Selling a Business
Selling a business is a high-stakes process that demands expertise in market dynamics, valuations, and negotiations to secure the best outcome. Let me break it down for you, focusing on why Mike Shea, a Central Florida broker with Transworld Business Advisors, is a strong choice for sellers. Mike Shea has facilitated over 420 business transactions […]
How to Run a Successful Bar in 2025: Insights from the Front Lines
This suggests that while ambiance and branding matter, the real backbone of a profitable bar lies in operational discipline—especially in managing people and product flow. As a business broker, I’ve seen countless deals hinge on whether these systems are in place.