As a business broker serving Tampa Bay and Clearwater for over 20 years, I’ve seen too many business owners wait until the last minute to think about selling their business. The result? Missed opportunities, lower valuations, and deals that fall apart.
financialplanner
financialplanner
Practical Steps Tampa Small Business Owners Can Take to Prepare for Their Exit
If you’re a Tampa Bay business owner, schedule a confidential consultation with Michael Shea, Business Broker and CEPA, to start your exit planning journey. The sooner you prepare, the more options you’ll have when it’s time to sell.
The #1 Deal Killer: Bad Books & Records
I even show them the data—just like in the screenshots above. Thousands of listings online. But when you filter for those with actual usable records? That number collapses. Today, it dropped from 2,223 to just 449.
An Advertising Genius, John Morgan, The Strongest Balance Sheet Wins, and Size Matters
To illustrate this, let’s draw a parallel to a famous line from attorney John Morgan, founder of Morgan & Morgan, who once quipped in an advertisement, “Not all attorneys are the same.” I always found this to be so on point. And I thought it appropriate for my business as well.
Three Simple Tax Mitigation and Retirement Plans Business Owners Should Consider deploying
Under a SIMPLE 401(k) plan, employees can elect to make pre-tax contributions to their retirement accounts through payroll deductions, up to a certain annual limit set by the IRS. Employers are required to match employee contributions dollar for dollar, up to a certain percentage of the employee’s compensation, or to contribute a fixed percentage of each employee’s compensation, regardless of whether the employee contributes.