If you’re considering selling your marine-related business—whether it’s a boat dealership, marina, charter company, or marine repair shop—it’s time to look beyond just the income statements. In the vibrant coastal markets of Clearwater and Tampa, buyers are drawn not only to profitability but to attractiveness and readiness. Income Isn’t Everything Yes, income is the first thing buyers […]
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Generational Readiness for Business Transition: A Reality Check
A recent study comparing Baby Boomers, Generation X, and Millennials reveals stark differences in how personally prepared each group feels for transitioning out of business ownership. While confidence levels vary, the data shows a consistent gap between perceived readiness and actual planning. As a business broker, understanding generational psychology is essential when advising clients on […]
Baby Boomers Face a Critical Readiness Gap in Business Exit Planning
As a business broker who has worked with hundreds of owners across Tampa Bay and Central Florida, Michael Shea of Transworld has observed firsthand the challenges many entrepreneurs face when it’s time to step away from their businesses. New data from the 2025 State of Owner Readiness: Generational Report highlights the urgency of stepping up […]
When is the right time to sell my business?
If you’re in Tampa Bay, Clearwater, or St. Petersburg, don’t wait until circumstances force your hand. Start preparing now. Even if you’re not ready to sell today, an experienced broker can help you understand your business’s current market value and build a plan so that when the time is right, you’re positioned for the best outcome.
Why You Want Mike Shea in Your Corner as a Broker If You’re Selling a Business
Selling a business is a high-stakes process that demands expertise in market dynamics, valuations, and negotiations to secure the best outcome. Let me break it down for you, focusing on why Mike Shea, a Central Florida broker with Transworld Business Advisors, is a strong choice for sellers. Mike Shea has facilitated over 420 business transactions […]