But you need enough information to understand how the business actually makes money.
Tax returns, P&Ls, bank statements, POS records and merchant processing can all tell part of the story.
employees
employees
Confidentiality: The Invisible Deal Killer
A major customer calls to ask if the business is really being sold. A competitor uses the information to poach your best technician or your top accounts.
Top 7 Questions Tampa Bay Trades Business Owners Ask Before Selling
Tax treatment on a business sale depends on deal structure (asset sale vs. stock sale), how the purchase price is allocated, and your personal situation. Michael Shea works closely with CPAs and tax attorneys to help sellers minimize their tax liability — but always recommends consulting your own tax advisor.
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 […]
Selling Your Business Without Sacrificing Employee and Customer Care
How a business owner can ensure continuity of care for employees and customers during a sale By Michael Shea, Transworld For many Tampa business owners, their company is more than a paycheck—it’s a community. You’ve built relationships with employees who feel like family and customers who’ve become loyal advocates. So, when it’s time to sell, […]