By Michael Shea, Transworld Business Advisors – Tampa Office We hear a lot about starting a business. What we don’t hear nearly enough about is how to leave one. If you’re a business owner, there will come a time when you ask: What’s next? Whether you’re looking to retire, change direction, or cash out, your […]
exitplan
Know What You Want Before You Sell
Selling your business isn’t just a financial decision — it’s a personal one. Before you list, before you price, before you entertain offers, you need to get clear on one thing: What do you actually want out of the sale? The answer shapes everything — from your asking price to how the deal is structured […]
The Hidden Costs of Over-Negotiating in Business Deals
Driving a hard bargain can feel like a victory—squeezing out every last penny often seems like the ultimate goal. But what if that relentless focus on the bottom line is costing you more than you realize? The truth is, over-negotiating can erode intangible assets like relationships, trust, and goodwill, which don’t appear on the balance sheet but can have a profound impact on your future success. Let’s explore why pinching pennies can come at a steep price and illustrate this with three real-world examples.
5 Things Every Business Owner Should Do Annually to Plan for Growth
It may be time for a performance review process, team restructuring, or training investment. And don’t forget to review your own leadership. Are you spending time on the right things, or getting buried in tasks you should delegate?
Top Tax Strategies for Florida Business Owners Before a Sale
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.