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You’re going to ignore this problem till it swims up and bites you on the ass

September 8, 2023 by Michael Shea PA

In the movie, Richard Dreyfuss portrays the character Matt Hooper, a marine biologist trying to explain the real danger of a great white shark to the Mayor of Amity, Larry Vaughn. Hooper is a shark expert brought in to assess the threat posed by the shark terrorizing the town’s beaches.

Filed Under: Uncategorized Tagged With: ai, businessbroker, jaws, orlando, seachange, tampa, Transworld

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

Unveiling the Limitations of EBITDA Valuations for Small Business Transactions

August 9, 2023 by Michael Shea PA

Small businesses are the backbone of our economy, driving innovation and providing essential services to local communities. When it comes to evaluating these businesses for potential sales or acquisitions, financial metrics play a pivotal role. Among these metrics, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is often used as a benchmark for assessing a company’s profitability and potential value. However, it’s crucial to recognize the limitations of using EBITDA valuations for small businesses.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: bradenton, businessbroker, clearwater, ebitda, orlando, sarasota, sde, tampa, tampabusinessbroker, valrico

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

Business Glossary: A Guide to the Terms You Need to Know

July 24, 2023 by Michael Shea PA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): EBITDA is a measure of a business’s profitability that excludes non-cash expenses. This is a useful metric for comparing the profitability of different businesses, as it removes the impact of financing decisions and accounting choices.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #duediligence, #sellmybusiness, businessbroker, ebitda, fairmarketvalue, fmv, keymaninsurance, Lakeland, letterofintent, loi, loiletterofintent, purchaseprice, tampa, tampabay, termsheet, valuation

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