When it comes to prioritizing exit planning, the divide grows. Over half of millennials rank it as a top priority, but just 14% of baby boomers do the same. The generation with the most to lose is, surprisingly, the least focused on preparing for the future.
management
management
The problem with skimming cash…it costs you in the long run
By Michael Shea, Senior Business Broker, Transworld Business Advisors If you own a business that deals with cash—restaurants, retail, service work—you’ve probably heard someone say, “Everyone skims a little.” It’s often framed as harmless. A little “off the books” money to avoid taxes. Here’s the truth: skimming is one of the most expensive mistakes a […]
Case Study: The Sale of an Iconic Orlando Bistro April 2025
Brokered by Michael Shea, Transworld Business Advisors of Tampa Bay Overview An iconic, multi-decade bistro in the heart of Orlando recently changed hands in a confidential transaction brokered by Michael Shea of Transworld Business Advisors. The restaurant, a staple in the local dining scene, was sold for $1.1 million with the assistance of an SBA-backed […]