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Michael Shea

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Selling Your Small Business in Tampa Bay: How Michael Shea P.A. Can Help Secure the Best Outcome

July 24, 2023 by Michael Shea PA

Selling your small business in Tampa Bay is a significant milestone that requires careful planning and professional guidance. Michael Shea P.A. offers a wealth of expertise, market knowledge, and an extensive network of buyers to help you achieve the best outcome possible. By partnering with their experienced team, you can confidently navigate the complexities of selling your business, allowing you to focus on your next entrepreneurial endeavor or a well-deserved retirement. Embrace the opportunities ahead, and let Michael Shea P.A. guide you toward a successful business sale in Tampa Bay.

Filed Under: Uncategorized Tagged With: #sellmybusiness, businessbroker, businessvaluationtampa, sellmybusinessclearwater, sellmybusinessstpetersburgbeach, sellmytampabusiness, tampa, tampabusinessbroker, whatismybusinessworth

Legit Tax Mitigation in Small Business: The SEP IRA

July 20, 2023 by Michael Shea PA

SEPs can be a great way for self-employed individuals and small businesses to save for retirement. They offer higher contribution limits than traditional IRAs, and contributions are made by the employer, which can make it easier for business owners to save for retirement.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: #michaelsheapa, businessbroker, entrepreneur, ira, retire, retirement, sep, smallbusiness, tampabusinessbroker, taxplanning

Your Brand and A National Brand…They Are Symbiotic

June 16, 2023 by Michael Shea PA

Branding Matters…often times franchisees and agents and local owners see them as conflicted…quite the contrary…brand power is symbiotic when deployed correctly

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: brand, businessbroker, michaelshea, nationalbrand, personal brand, tampabusinessbroker

What is Section 338(h)and how can it help sellers and buyers get a deal done?

June 16, 2023 by Michael Shea PA

Section 338(h)(10) allows a purchasing corporation to elect to treat the acquisition of another corporation as a deemed asset purchase for tax purposes, even though it may legally be structured as a stock purchase. This means that the purchasing corporation can treat the transaction as if it had acquired the assets of the target corporation, resulting in potential tax benefits such as stepped-up basis in the assets and the ability to deduct any resulting goodwill or intangible asset amortization.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: businessbroker, exitplanning, IRS, michaelshea, selling, stocksale, tampabusinessbroker, taxcode

METT-TC in Small Business

May 27, 2023 by Michael Shea PA

METT-TC in Small Businesses Status is online Michael Shea PA Senior Broker & Partner at Transworld Business Advisors,Mergers & Acquisitions, Lic Real Estate Broker Associate. 18 years plus of brokerage experience in Central Florida. 57 articles May 27, 2023 The Army loves acronyms. We had them for rifles (M-16), Trucks (HMMWVW) Planning Processes (OPORDER), and […]

Filed Under: Business Management Tips Tagged With: business, businessbroker, mett-tc, Transworld

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