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Lakeland

Housing: Seize the High Ground

August 3, 2023 by Michael Shea PA

  The High Ground Housing: Seize the High Ground Seizing the High Ground: How Lakeland and Winter Haven Provide Affordable Business Opportunities In the Battle of Gettysburg during the American Civil War, General Buford’s strategic decision to seize the high ground on day one proved to be a game-changer for the Union forces. In a […]

Filed Under: Buy a Business, News, Selling A Business, Selling Your Company Tagged With: buford, businessiswar, generallee, gettysburg, Lakeland, seizethehighground, tampa, war, winterhave

Growth Through Acquisition: An Opportunity Missed By Small Business Owners In Florida

August 1, 2023 by Michael Shea PA

One of the biggest benefits of acquisition is that you can get synergies that drop margin to the bottom line in things like purchases, logistics costs, and overhead redundancy. For example, if you acquire a company that sells similar products or services to your own, you can negotiate better prices with suppliers. You can also consolidate your logistics operations, which can save you money on shipping and warehousing. And if the acquired company has any redundant overhead expenses, you can eliminate those as well.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: acquisition, floridabusinessbroker, Lakeland, michaelsheatampabusinessbroker, orlando, smallbusiness, tampa, tampabusinessbroker, thedealboard

Seeing Forward: Where to be located in the next decade

July 27, 2023 by Michael Shea PA

In 2001 I moved to Florida from Texas.  I was in a hotel in Maitland (right outside of downtown Orlando) and was having breakfast. Speaking to another couple who had just moved to the Greater Orlando area; they told me they were driving to “Lake Nona” that day to look for a home. So my wife, Char Pei Hershey, and I hopped in the rental and 45 minutes later hit cow pastures. In 2001, Lake Nona was open ground. There was a biker bar “Becky’s Bar N Grill that became Sweet Mama’s, a couple of trailer parks, the Estates where the golf pros lived, and a 7-11 off the 528 freeway.  Nothing else but a Subdivision that had just started.

Filed Under: Uncategorized Tagged With: florida, Lakeland, orlando, tampa, winterhaven

Business Glossary: A Guide to the Terms You Need to Know

July 24, 2023 by Michael Shea PA

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): EBITDA is a measure of a business’s profitability that excludes non-cash expenses. This is a useful metric for comparing the profitability of different businesses, as it removes the impact of financing decisions and accounting choices.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: #duediligence, #sellmybusiness, businessbroker, ebitda, fairmarketvalue, fmv, keymaninsurance, Lakeland, letterofintent, loi, loiletterofintent, purchaseprice, tampa, tampabay, termsheet, valuation

Catapult Lakeland: Where Entrepreneurial Dreams Take Flight in Vibrant Lakeland, Florida

July 22, 2023 by Michael Shea PA

Embrace the Lakeland spirit, and let Catapult catapult your dreams into reality. Join us in this exciting journey of innovation, collaboration, and boundless possibilities. In Lakeland, you will find not just a city but a supportive community ready to embrace and celebrate your entrepreneurial vision. Together, let’s create a future that surpasses all expectations and makes Lakeland a thriving hub of entrepreneurship and prosperity.

Filed Under: Uncategorized Tagged With: catapult, entrepreneur, Lakeland, michaelshea, Transworld

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