If your selling a business, setting the right price is crucial for attracting buyers and ensuring a smooth transaction. Overpricing, however, can have significant negative effects, potentially decreasing the likelihood of a successful sale. This blog, written for Transworlds Michael Shea, explores why overpricing is detrimental and how it impacts the sale process. What […]
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The Bank has a say on the deal. You got to understand the ratios when selling your business
Picture the DSCR as your business’s financial fitness test—like a CrossFit workout for your cash flow. It tells lenders if you’ve got enough moolah to cover your loan payments without turning into a pirate begging for treasure. The formula’s simpler than a sunset at St. Pete Beach:
Why Transworld Business Advisors in Tampa is the Best Choice for Selling Your Business
Other Tampa brokers may have local knowledge, but few can match the depth of experience or the proven results that Michael Shea and Transworld deliver. Their expertise translates into accurate valuations, strategic negotiations, and smooth closings, no matter the size of your business.
Lessons from a Farmer: Legacy, Leadership, and Family Business Succession
This focus on legacy shaped everything he did. It wasn’t about clinging to power or maximizing short-term gains; it was about ensuring the farm remained a living bond between past, present, and future.
The Baby Boomer Business Dilemma: Why Selling Now is Crucia
a surprising number of baby boomers are holding onto their businesses rather than putting them on the market. This hesitation has significant implications—not just for the boomers themselves, but for the broader economy. In this post, we’ll explore why baby boomers are delaying the sale of their businesses and why the time to act is running out.