On October 1, 2025, Florida will officially eliminate its state and local sales tax on commercial leases, marking a historic shift in the state’s business landscape. Signed into law by Governor Ron DeSantis via House Bill 7031, this repeal ends a tax that’s been in place since 1969—making Florida the last state in the nation […]
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Drive Value So You Get More….the Market Decides What Matters and What is Valuable
The Value Acceleration Methodology, a structured process presented by Michael Shea of Transworld Business Advisors, designed to increase a business’s value and align the owner’s personal, financial, and business objectives. This methodology is broken down into three main phases,
Navigating Taxes in a Business Sale: Key Considerations for Sellers
By Michael Shea, Transworld Business Advisors Selling a business is a major financial event, and one of the most overlooked—but critical—elements of the transaction is how taxes are handled. The structure of the deal, the seller’s basis, and the use of financing all play a role in determining the net proceeds after taxes and fees. […]
Exit Planning vs. Succession Planning: What’s the Real Difference?
A well-executed exit plan empowers owners to transition on their terms, whether that means selling to a third party, passing the business to family, or exploring other creative options. It’s not just about leaving—it’s about leading the business to a point where it can succeed without you.
How to Sell Your Plumbing Business in Tampa and Maximize Profit
If you own a plumbing business in Tampa and are considering selling, you’re in a prime position. Tampa’s booming real estate market, ongoing commercial development, and steady population growth make it one of Florida’s most attractive regions for service-based businesses—especially plumbing. Whether you’re planning to retire, pivot to a new venture, or simply cash out, […]