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.
michaelshea
According to BizBuySell’s Q2 2024 Insight Report, the median sale price of small businesses in the U.S. rose to over $325,000, with valuation multiples holding steady around 2.6–3.0x SDE (Seller’s Discretionary Earnings). This confirms that valuation is not arbitrary—it’s grounded in market data, industry norms, and buyer expectations. From a broker’s perspective, valuing a […]
Buy vs. Build: Why Acquiring a Failed Business’s Buildout Can Be a Smart Move
Buying a failed business’s buildout isn’t about inheriting someone else’s problems—it’s about leveraging their investments to build your own success. If you’re considering entering a new market or expanding your footprint, don’t overlook the power of acquisition. Sometimes, the smartest way to build is to buy.
When is the Right Time to Sell Your Business?
By Michael Shea, Transworld Business Advisors of Tampa Bay One of the most common questions I hear as a business broker in Tampa Bay is: “When is the right time to sell my business?” Unfortunately, most owners don’t ask this until it’s too late—when sales are slipping, health issues arise, or personal burnout sets in. […]
Mastering Business Strategy in Tampa Bay with the Business Planning Pyramid
Planning begins with the customer, flowing down the functional model. Then, it builds back up, leveraging supporting resource capabilities, strengths, weaknesses, competitive advantages, and limitations. This iterative process ensures that every aspect of your business aligns with customer needs and market demands.