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Michael Shea

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Lakeland

Rising Interest Rates and SBA Loans….What Can You Expect

September 13, 2022 by Michael Shea PA

I took about 25 minutes yesterday to chat with Michael Hershaft a long time SBA lender in Central Florida to discuss SBA loans and what we can expect in the near to immediate future. Its important for business owners and business buyers to understand what the impact of the current economy is and how the […]

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: businessbroker, celtic bank, clearwater, Lakeland, michaelshea, orlando, sba, sbaloans, tampa

How we deal with Working Capital and Work In Progress (WIP)

September 5, 2022 by Michael Shea PA

One of the most complicated components of a business transaction is how we deal with working capital and work in progress. Depending on the size of the transaction we address it differently. Take a few minutes to watch this video on the topic. Your specific case will be different of course and you should discuss […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #michaelsheapa, bestbusinessbroker, Lakeland, orlando, tampa, wip, workingcapital

Selling a Healthcare Business / Practice in 2022

May 17, 2022 by Michael Shea PA

Health care is an industry that is constantly growing and evolving as new technologies and discoveries change treatments and care. This reality is truer than ever as the world has seen during the recent COVID-19 health care crisis. If you are looking to sell your health care business, the conditions may be better than ever. […]

Filed Under: Uncategorized Tagged With: clearwater, healthcare, Lakeland, tampa, tampabusinessbroker, transworldbusinessadvisors

Signs That It May Be Time To Pack Up And Sell Your Business

November 16, 2021 by Michael Shea PA

        Signs That It May Be Time to Pack Up and Sell Your Business    All businesses have their ups and downs. Sadly, some companies have more downs than ups, resulting in many business owners being forced to decide whether to sell or not. Suppose this is you, and you’ve decided that […]

Filed Under: Uncategorized Tagged With: appraiser, business, businessbroker, Lakeland, orlando, sellyourbusiness

The Top 5 Things to Know When Getting an SBA Loan

October 12, 2021 by Michael Shea PA

1) Minimum Down Payment A 10% minimum down payment (it is really 20% but if 10% the seller will be asked to hold 10% which is a problem for sellers)  is the SBA requirement but there are many factors that can change the down payment requirements for a successful SBA business acquisition loan. It is […]

Filed Under: Uncategorized Tagged With: business, businessbroker, Lakeland, lending, orlando, sba, tampa

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