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Michael Shea

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business

Boy I miss The Wisdom of the 70’s – “Kung Fu: The Journey of Kane and His Legendary Masters

September 4, 2023 by Michael Shea PA

Caine’s journey begins with Master Po, a wise and compassionate Shaolin monk who becomes his first mentor. Despite being blind, Master Po possesses extraordinary martial arts skills and an even greater understanding of life’s deeper meanings. In this clip we get Master Po teaching the lessons of Rock, Paper, Scissors.  I thought it appropriate as when I get the opportunity to coach my kids or pass some advice on I am reminded of the truths in all the fables we were taught as Kids: The Tortoise and the Hare, The Boy Who Cried Wolf, and The Miser and His Gold just to name a few.  I think you will look at Rock Paper Scissors differently now

Filed Under: Business Management Tips Tagged With: business, businessbroker, kungfu, michaelshea, orlando, tampa

Q2 Business Sales Data

August 29, 2023 by Michael Shea PA

While business transactions showcased a steady ascent in the past two quarters, there is a discernible downward trend in sale prices. The median sale price in Q2 saw a 14% drop to $300,000 from the preceding quarter. Moreover, the median asking price in Q2 experienced an 8% decrease over the same period. 

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: brokers, business, businessbrokertampa, businessowners, buyers, lenders, michaelshea, sba, sellers, tampa, tampabay, transworldbusinessadvisors

How much is your company worth? Navigating Business Valuation: A Guide for Tampa, Florida Entrepreneurs

August 12, 2023 by Michael Shea PA

When it comes to valuing a business, it’s not just about crunching numbers – it’s a blend of art and science. Imagine it as putting together a puzzle, where each piece represents a different aspect of your business. We start by diving deep into your financials, assets, liabilities, and operations. But it doesn’t end there. The real magic happens when we combine these quantitative insights with qualitative factors like your brand’s reputation, customer loyalty, industry trends, and your competition’s landscape.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: bradenton, business, clearwater, howmuchismybusinessworth, Lakeland, selling, sellmybusinesstampa, tampabay, valuation, whatismybusinessworth, winterhaven

Title: The Impact of Rising Interest Rates on SBA and the Sale of Small Businesses

July 25, 2023 by Michael Shea PA

Higher Borrowing Costs: When interest rates rise, the cost of borrowing increases for small businesses seeking loans through the SBA. This means entrepreneurs may face higher monthly payments and potentially reconsider their borrowing needs or postpone expansion plans.

Filed Under: Uncategorized Tagged With: #sellmybusiness, business, businessbroker, lending, sba, smallbusiness

Three Important Questions a Buyer Needs to Ask When Buying A Business

July 7, 2023 by Michael Shea PA

So it naturally follows that the most important question a prospective buyer can ask when evaluating a business is: “What it the projected cash flow?”

Filed Under: Uncategorized Tagged With: business, buyer, cashflow, tampa, Transworld

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