If a business consistently reports losses on its tax returns year after year, this could trigger an audit. See #2 above…..you have a multi million dollar house on the water yet your business shows a loss. True story of a childhood friend I knew and their business….never made money but had nice houses.
businessbrokerage
Thinking about Selling Your Tampa Cleaning Company in 2022?
Americans started 2021 by cleaning house—literally. The COVID-19 pandemic kick-started worldwide hygiene awareness and majorly boosted demand for cleaning businesses. It wasn’t just about safety—it was about peace of mind. Residential cleaners, maids, janitors, and other sanitation professionals suddenly found themselves booked solid, with no end in sight. Today, in 2022, cleaning services continue to […]
How to value a lawn service / landscaping company
Want to know how to value a lawn business? Michael Shea and Transworld have sold hundreds of lawn services and landscaping companies in our 40 years as Orlando’s Largest Business Broker. Indeed Michael Shea has owned and operated, scaled, and sold a lawn service himself. In this short video we give you the […]
Orlando Business Broker Wins State Recognition and Awards for Excellence
Transworld Business Advisors and Michael Shea continue to dominate business sales in the state of Florida, earning top honors in business sales for the 20th time since 2006. At the Business Brokers of Florida (BBF) 2019 annual award ceremony -Mr. Shea was awarded Top Co-Brokering Award for the State of Florida, the Highest Dollar Volume […]