An unsellable business often comes with mounting debt, especially if cash flow dries up or the company’s value declines. Business loans, lines of credit, or unpaid vendor invoices can pile up, and without a sale to clear these obligations, you’re left holding the bag. If the business is your primary asset, you may have no way to pay off these debts, forcing you into tough choices: liquidating personal assets, negotiating with creditors, or, in extreme cases, filing for bankruptcy.
business
Lessons from the Cola Wars: Strategic Insights for Small Businesses in Tampa
Michael Shea PA Senior Partner @ Transworld Business Advisors | Small Business Sales, Acquisitions April 7, 2025 Way back in the early 90’s I worked for PepsiCo. My first job was as a night manager in the distribution center. Brand spanking new we moved millions and millions of cases of Pepsi, Mountain Dew, Doctor Pepper […]
Lessons from a Farmer: Legacy, Leadership, and Family Business Succession
This focus on legacy shaped everything he did. It wasn’t about clinging to power or maximizing short-term gains; it was about ensuring the farm remained a living bond between past, present, and future.
Listening to the Veterans: A Lesson from Hamburger Hill for Business Owners and Franchisees
Did I tell you to spit?
As Johnny Rotten Says “Should I Stay or Should I Go Now”?
Should I Stay or Should I Go? Navigating Business Location Decisions in Tampa Bay by Michael Shea, Tampa Business Broker When you’re purchasing an existing business in Tampa Bay, one of the critical decisions you’ll face is whether to remain in the current leased space or move to a new location. It’s a decision […]