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Michael Shea

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Military Planning In Business Brokerage

May 21, 2023 by Michael Shea PA

This last week at the Transworld Annual Conference I got to do a presentation on “Moneyball” in Business Brokerage and one of the elements of driving consistency in outcomes is the application of the military planning process. In an hour you really do not have time to go into the nuance of the complexity of the process but in short. You plan with the end in mind, work backward considering a myriad of variables in a fluid and dynamic environment prioritizing what “kills ya first” to achieve the outcome desired. Here it is in a far more formal and detailed manner.

Filed Under: Buy a Business, News, Uncategorized Tagged With: broker, businessbroker, businessbrokerage, military, tampabusinessbroker, Transworld

Seller Financing…get with the program or get used to not selling in the near future

May 16, 2023 by Michael Shea PA

Well, it is here… double-digit financing rates in SBA….for the better part of 2 years we have called this day with alarm. It is frankly no surprise but many from all sides of the political spectrum are blinded by the natural tendency to see the rising storm. I like to use the ballroom scene from the classic “The Poseidon Adventure” to illustrate the “boiling frog” tendency of owners to hope for the best in spite of odds.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: bbf, business, businessbroker, ibba, ism, michaelshea, orlando, sellerfinancing, smallbusiness, tampa, Transworld

How do you value and sell your retail business?

April 28, 2023 by Michael Shea PA

How to Sell a Business in Florida Valuing and selling a retail business can be a complex process. Here are some steps you can take to value and sell your retail business: Determine the value of the business: The value of a retail business is typically calculated based on the company’s revenue, profit margins, assets, […]

Filed Under: Selling A Business, Selling Your Company Tagged With: businessbroker, lawyer, michaelshea, retail, tampa, tampaflorida, valuation

What to look for when buying a online business

April 28, 2023 by Michael Shea PA

Buying an online business can be a lucrative investment, but it’s important to thoroughly evaluate the opportunity before making a purchase. Here are some key things to look for when buying an online business: Revenue and profitability: Analyze the revenue and profitability of the online business. Review financial statements, tax returns, and other relevant documents […]

Filed Under: Uncategorized Tagged With: #buyabusiness, amazon, businessbroker, education, online, tampa, tampabusinessbroker, transworldbusinessadvisors

What is the benefit of an S Corporation for Small Business

April 27, 2023 by Michael Shea PA

Pass-through taxation: S corporations are not taxed at the corporate level, which means that income, deductions, and credits pass through to the shareholders’ personal tax returns. This avoids the double taxation that C corporations face.

Filed Under: Uncategorized Tagged With: businessbroker, corporation, michaelshea, scorp, tampa, taxation, Transworld

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