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Michael Shea

Central Florida's #1 Business Broker

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Do You Need a Lawyer to Buy or Sell a Business? Yes — And Here’s Why Legal Creativity Matters

June 9, 2025 by Michael Shea PA

Example 3: Employees and Non-Competes
If the seller is staying in the industry, a strong lawyer ensures airtight non-competes. If employees are moving to the buyer, their contracts might need to be rewritten. These aren’t just legal formalities — they’re key to protecting business value.

Filed Under: Buy a Business, exitplanning, Immigration and Business Buying for Foreign Nationals, Selling A Business, Selling Your Company Tagged With: businessbroker, cbi, cepa, ibba, lawyer, michaelshea, Transworld

Proven Ways to Increase the Value of Your Tampa Bay Business Before You Sell

April 30, 2025 by Michael Shea PA

If you’re a Tampa Bay business owner thinking about selling in the next 1–3 years, there’s good news: you still have time to significantly improve your business’s value.

Too often, owners focus only on financials when preparing for a sale. But value isn’t just about revenue and profit — it’s about how transferable, scalable, and de-risked your business is in the eyes of a buyer.

Filed Under: exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: cepa, contracts, customerbase, documentprocess, financials, michaelshea, revenue, tampa, team

Why Tampa Bay Business Owners Should Work with a Broker Who Holds the CEPA, CBI, and CM&AP Certifications

April 30, 2025 by Michael Shea PA

I’m Michael Shea, a Florida business broker with over 20 years of experience, and I hold the CEPA, CBI, and CM&AP certifications. Whether you’re preparing to sell next year or just starting to think about your options, I’m here to help you protect what you’ve built and exit with confidence.

Filed Under: exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: cbi, cepa, clearwater, cmap, hudson, michaelsheaoftransworldbusinessadvisors, tampa, tampabay

The Myth About Bank Loans When Buying a Business: What Buyers Need to Know

April 26, 2025 by Michael Shea PA

Even with SBA backing, banks are not in the business of funding 100% of your dream while you put nothing down. They expect the buyer to invest real money. Why? Because skin in the game drastically lowers default rates. If you haven’t risked anything, you’re much more likely to walk away when business gets tough.

Filed Under: Buy a Business, exitplan, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bernstein, business, businessbroker, cepa, clearwater, loans, merryllynch, michaelshea, myths, tampa, Transworld, westshore

Top Tax Strategies for Florida Business Owners Before a Sale

April 22, 2025 by Michael Shea PA

Selling your business should feel like a reward, not a tax nightmare. Florida gives you a head start with no state income tax, but these federal strategies can save you even more. Whether it’s timing your sale, picking the right sale type, or spreading payments, a little prep goes a long way. Want to see how much you could save? Reach out to me, Michael Shea, at 321-287-0349 for a free consultation. Let’s make your sale a win—taxes and all.

Filed Under: exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: asset, businessbrokers, capitalgains, cepa, cfp, cpa, exitplan, floridabusinessbroker, IRS, michaelshea, retirement, stock, tampa, TAXES, Transworld

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