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Michael Shea

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noncompete

noncompete

How to Enhance Your Business Valuation Before Selling: A Strategic Guide

January 28, 2026 by Michael Shea PA

In the competitive 2026 M&A market, simply having a profitable business isn’t enough to secure a premium exit. If you’re looking to sell your company in Tampa Bay, Sarasota, or beyond, your goal shouldn’t just be to find a buyer—it should be to maximize the multiple they are willing to pay. Research shows that owners […]

Filed Under: Business Management Tips, businessbroker, cpa, exitplan, exitplanning, michaelshea, News, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: billion, business, cepa, efficiency, ibba, improve revenue, noncompete, orlando, preexit, quality, quantity, sarasota, tampa, tax

Non-Compete Enforceability: Understanding Florida’s Rules on How Far—and How Long—You Can Be Restricted

December 24, 2025 by Michael Shea PA

Sellers worry about being “handcuffed” after closing. Buyers worry about the seller opening a competing business down the street. And both sides often assume non-competes are either ironclad or completely unenforceable.

Filed Under: Buy a Business, michaelshea, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: businessbroker, cepa, florida, ibba, michaelshea, noncompete, specific, Transworld

When Business Partnerships Break Up: How to Plan Now to Avoid Heartbreak Later

June 25, 2025 by Michael Shea PA

By Michael Shea, Transworld Business Advisors of Tampa Bay No one goes into business with a partner expecting it to fall apart. The enthusiasm is high, the vision is shared, and everyone’s ready to build something great together. But as a business broker who’s handled more partnership breakups than I care to count, I can […]

Filed Under: Buy a Business, exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: buysell, centralflorida, floridabusinessowners, michaelshea, noncompete, partnership, partnerships, Transworld

Key Terms Every Tampa Business Owner Should Know Before Selling Their Business

April 30, 2025 by Michael Shea PA

  Selling your business is a major milestone — one that can impact your finances, your family, and your future. But if you’re like most Tampa Bay business owners, you didn’t start your company with a sale in mind. That means you may be unfamiliar with the terms, processes, and language buyers and brokers use […]

Filed Under: Business Management Tips, exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: add-backs, assetsale, cbr, cim, duedilligence, earnings, earnout, loi, noncompete, sde, stocksale, terms, workingcapital

Selling Your Business: Questions Every Business Owner Should Ask Themselves

November 30, 2023 by Michael Shea PA

  Sure, here is a sample blog post you can use: Selling Your Business: Questions Every Business Owner Should Ask Themselves Deciding to sell your business is a major life decision. It’s important to carefully consider all of your options before making a final decision. Here are some questions that every business owner should ask […]

Filed Under: Uncategorized Tagged With: businessbroker, businesssale, cashdeal, clearwater, isittherighttimetosell, noncompete, sellerfinance, sellersremores, sellingmybusiness, tampabay, tampabusinessbroker, Transworld

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