By Michael Shea, Transworld Business Advisors Selling a business is a major financial event, and one of the most overlooked—but critical—elements of the transaction is how taxes are handled. The structure of the deal, the seller’s basis, and the use of financing all play a role in determining the net proceeds after taxes and fees. […]
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How to Sell Your Business in Florida: A Step-by-Step Guide for Success
Selling your business in Florida? Whether you’re planning to retire, pursue a new venture, or simply cash out, Florida’s dynamic market offers a prime opportunity. But selling a business isn’t just about listing it—it’s a strategic process that requires preparation, insight, and the right support.
What Is a Business Broker and How Can They Help You Sell Your Business?
Selling a business is one of the most important financial decisions a business owner will ever make. It’s not just about listing your company—it’s about positioning it for maximum value, finding the right buyer, and navigating a complex transaction. That’s where a business broker comes in. Whether you’re preparing to sell or exploring acquisition opportunities, understanding […]
Generational Readiness for Business Transition: A Reality Check
A recent study comparing Baby Boomers, Generation X, and Millennials reveals stark differences in how personally prepared each group feels for transitioning out of business ownership. While confidence levels vary, the data shows a consistent gap between perceived readiness and actual planning. As a business broker, understanding generational psychology is essential when advising clients on […]
Baby Boomers Face a Critical Readiness Gap in Business Exit Planning
As a business broker who has worked with hundreds of owners across Tampa Bay and Central Florida, Michael Shea of Transworld has observed firsthand the challenges many entrepreneurs face when it’s time to step away from their businesses. New data from the 2025 State of Owner Readiness: Generational Report highlights the urgency of stepping up […]