When it comes to buying a Main Street business—think local service companies, small retail shops, or owner-operated trades businesses—many buyers assume Small Business Administration (SBA) loans are the only game in town. But that’s not always the case. Some deals simply don’t qualify for SBA funding due to the business’s tax returns, owner involvement, or […]
cepa
What Happens to Employees When You Sell Your Business?
By Michael Shea – Transworld Business Advisors, Tampa, FL One of the biggest emotional roadblocks in selling a business is this question:“What happens to my employees?” As a business owner, you’ve built a team. Maybe they’re like family. You care about them. So naturally, you’re worried that selling the business might put their jobs at […]
Do You Need a Lawyer to Buy or Sell a Business? Yes — And Here’s Why Legal Creativity Matters
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.
Proven Ways to Increase the Value of Your Tampa Bay Business Before You Sell
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.
Why Tampa Bay Business Owners Should Work with a Broker Who Holds the CEPA, CBI, and CM&AP Certifications
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.