Vending machines have been hyped as a source of easy passive income, but is there still real money in these snack-and-drink businesses? To find out, an absolute beginner with no entrepreneurial background or machine experience took on the 30-day vending machine challenge—and documented every step. The results shed light on what works, what flops, and […]
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Why Young Men Are Poised to Thrive as Business Owners in the Years Ahead
A glance at today’s job market tells a striking story: for the first time in recent memory, young male college graduates are grappling with joblessness at the same rate as those who never attended college. The accompanying chart, based on extensive analysis of recent U.S. census data, reveals that men aged 22-27—once assured a leg […]
What Really Builds Wealth? Lessons for Tampa’s Small Business Owners from the Asset Breakdown Chart
If you’re serious about building wealth in Tampa Bay, here’s a chart you need to study—a visual breakdown of where people at different net worth tiers actually keep their money. It’s eye-opening for any aspiring business owner, current entrepreneur, or anyone looking to level up their family fortunes. Let’s break it down, Shea style: […]
Practical Steps Tampa Small Business Owners Can Take to Prepare for Their Exit
If you’re a Tampa Bay business owner, schedule a confidential consultation with Michael Shea, Business Broker and CEPA, to start your exit planning journey. The sooner you prepare, the more options you’ll have when it’s time to sell.
Tampa Business Owners: Why Selling Now May Be Your Best Opportunity
If you’ve been thinking about selling your business in Tampa Bay, now may be the time to act. On a recent episode of his podcast, Tampa Business Broker Michael Shea shared insights on today’s seller’s market — and why waiting too long could mean leaving money on the table. The Current Seller’s Market in […]