The buyer and seller must agree on the allocation, and both file IRS Form 8594 accordingly. That’s where negotiation and experience matter—because every dollar you shift into goodwill instead of hard assets can save you real money.
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Sunshine & Opportunity: Why Florida Vacation Rental Management Companies Are Hot Commodities
Michael Shea represents the Central Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 450 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
How Rising Interest Rates Are Making SBA Business Sales Tougher in Tampa
By Michael Shea, Transworld Business Advisors of Tampa Bay For years, SBA-backed lending has been the engine driving small business acquisitions in the Tampa Bay market and across the country. These loans—often used by individuals buying owner-operated businesses—have helped first-time buyers access the capital they need to close deals, while giving sellers a clear path […]
Too Small for Private Equity? The Surprising Truth for Tampa Business Owners
They often:
Roll up several small companies into a larger platform play
Back strong operators to grow niche businesses
Look for strategic bolt-ons to existing portfolio companies
The Price Is Right—Or the Deal Won’t Happen
By Michael Shea, Transworld Business Advisors of Tampa Bay As a business broker, I understand why sellers care deeply about one number: the asking price. After all, it’s the number that funds retirement, pays for the next venture, or allows the owner to finally step into the next chapter of life. But here’s the truth: […]