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Michael Shea

Central Florida's #1 Business Broker

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Selling Your Company? Why You Should Hire a Business Broker

April 11, 2024 by Michael Shea PA

  Selling your business can be a daunting task, laden with uncertainties and stress. Questions about timing, valuation, crafting a compelling sales listing, and navigating the sale process can overwhelm any business owner. However, there’s a crucial ally to simplify this journey: a business broker. Business brokers are seasoned professionals dedicated to the art of […]

Filed Under: Selling A Business, Selling Your Company Tagged With: businessbroker, michaelshea, tampa, tampaba, tampabay, tampabusinessbrokermichaelshea

Decoding Dollar Signs: Cash Flow vs. Asset-Based Business Valuation

April 2, 2024 by Michael Shea PA

Ever wondered what your business is really worth? Whether you’re considering a sale, attracting investors, or simply curious, business valuation is a crucial step. But with different methods in play, it can get confusing. Today, we’ll dissect two popular approaches: the cash flow method and the asset-based method. Cash Flow: All About Future Earning Power […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: asset, cashflow, dcf, howtovaluemybusiness, michaelshea, tampa, tampabay

How AI helps in buying and selling a business

March 1, 2024 by Michael Shea PA

Andy and Jessica welcome you to another episode of The Deal Board Podcast. This week, they discuss Artificial Intelligence and its impact on the business world. Have you ever wondered how AI will affect small and mid-size businesses? Listen to this thoughtful conversation about this innovation, and get ready; the future is here! From Body Vision Medical, David Webster shares his expert perspective from the medical realm. Michael Shea also joins the conversation and compares AI today to the early days of the internet. Listing of the week: Dan Walkowski (Portland) is selling an outdoor store that has been running since 1945. The owners are ready to retire. The current price is $1.5 million. The business generates around $140,000 cash flow, and inventory is included in the price. The warehouse is 1,400 square feet and consists of two floors. Great potential to grow via e-commerce! Email Dan at dwalkowski@tworld.com or call (503) 880-8970.

Filed Under: Uncategorized Tagged With: #michaelsheapa, ai, artificialintelligence, davewebster, medical, michaelshea, neurologica, thedealboardpodcast

What is Form 8594 and Why is it important?

February 11, 2024 by Michael Shea PA

Demystifying Form 8594: Your Guide to Navigating Business Sales and Taxes Buying or selling a business? Hold onto your hats, because IRS Form 8594 is about to enter the stage. This seemingly innocuous form plays a crucial role in ensuring both you and the buyer handle the tax implications of the sale smoothly. But fear […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: 8594, allocation, businessbroker, buyingorsellingabusiness, form8594, michaelshea, tampabusinessbroker, TAXES, Transworld

The Incubator Gap: Why Skilled Trades Entrepreneurs Get Left Behind

January 18, 2024 by Michael Shea PA

Don’t get me wrong, incubators do incredible work. They nurture fledgling tech ventures, providing mentorship, funding, and networking opportunities. But their model, often laser-focused on scalable, high-growth businesses, overlooks the unique needs and realities of trades-based entrepreneurs.

Filed Under: Uncategorized Tagged With: business, funding, incubator, michaelshea, tampabusinessbroker

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