By Michael Shea, Transworld Business Advisors of Tampa Bay You’re pouring coffee, checking inventory, and managing the lunch rush like any other day—when suddenly, you get an email or phone call: “Are you open to selling your restaurant?” It might come from a competitor, a private investor, or even a long-time employee. You weren’t planning […]
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5 Things You Should Never Say When Negotiating a Business Deal
Rushing to close a deal by glossing over details is a recipe for trouble. Skipping due diligence, contract specifics, or financial reviews can lead to costly surprises post-sale. Patience is key in negotiations. Instead of pushing to wrap things up, say, “I want to ensure we’ve covered all the details to make this a smooth transition for both sides.” This demonstrates professionalism and protects your interests.
IOI, LOI, CONTRACT
LOI, IOI, CONTRACT Michael Shea PA Senior Broker & Partner at Transworld Business Advisors,Mergers & Acquisitions, Lic Real Estate Broker Associate. 20 years plus of brokerage experience in Central Florida. July 16, 2024 So before anyone gets their panties in a wad….each has its place. But let me lay out the landscape I am […]