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Michael Shea

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What is a letter of intent and when is it appropriate?

February 28, 2023 by Michael Shea PA

LOI are the preferred tool for larger deals….why? Well the contracts are that are standardized are generally not going to work for the complexity involved. That being said in my opinion they afford the buyer the most protection as they are not binding. Smart sellers at the Main Street level will incur more legal fees

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: binding, Lakeland, legally, letterofintent, loi, mainstreet, michaelshea, orlando, parties, tampa, Transworld

Seller Tsunami…yeah not so much

February 28, 2023 by Michael Shea PA

Entrepreneurs in my experience particularly the small Main Street businesses usually have bad financial planning and quite often go all in on get rich quick things like flipping houses etc.  Risk, Hedging, diversity of portfolios all are singularly uncommon in my experience. Im not going to drill down on why but take note….2008 hit. It decimated many many Business owners who had either all their money in their business or had bought real estate which collapsed.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: financial, greatrecession, michaelshea, seller, tsunami

How does mezzanine financing work?

February 27, 2023 by Michael Shea PA

Mezzanine financing is a type of financing that combines elements of both debt and equity financing. It typically involves a company borrowing money from investors in exchange for the promise of future interest payments and an ownership stake in the company. Mezzanine financing is often used by companies to raise capital for expansion or to […]

Filed Under: Uncategorized Tagged With: how to buy a business, mezzaninefinancing, michaelshea, purchasingabusiness, Selling Your Business, Transworld

The difference in Stock and Asset Sales from a very very top line.

February 26, 2023 by Michael Shea PA

A stock sale and an asset sale are two common methods of selling a business, and they differ in how the ownership and assets of the business are transferred to the buyer. In a stock sale, the buyer purchases the shares of the business from the existing shareholders, which means that the ownership of the […]

Filed Under: Uncategorized Tagged With: assetsale, buyer, liability, michaelshea, seller, stocksale, transacation, Transworld

5 Ways to Increase the Value of Your Business in Tampa

February 26, 2023 by Michael Shea PA

There are several ways to improve the value of a business. Here are five strategies that can help sellers in Tampa Bay and Clearwater improve their value: Increase revenue and profitability: One of the most effective ways to increase the value of a business is to boost its revenue and profitability. This can be achieved […]

Filed Under: Uncategorized Tagged With: #value, 5 ways, businessbrokering, customerbase, michaelshea, tampa, tampabay

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