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Michael Shea

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planning

Time and The Wealth Gap

August 26, 2025 by Michael Shea PA

The concept of a “Wealth Gap” highlights the difference between your current net worth (excluding your business) and the investible assets required to sustain your lifestyle after exiting your business

Filed Under: exitplan, exitplanning, propertymanagement, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: businessincome, financialplanners, networth, personalplan, planning, postbusiness, wealthgap

Life After Business: How Tampa Bay Owners Can Prepare for a Successful Exit

August 26, 2025 by Michael Shea PA

By Michael Shea, Transworld Business Advisors of Tampa Bay If you are a business owner in Tampa Bay, you likely pour countless hours and energy into growing your company. But what happens when you’re ready for your next chapter? Too often, business owners wait until it’s too late to proactively plan their exit—and the results […]

Filed Under: Buy a Business, exitplan, exitplanning, Selling A Business, Selling Your Company, Tampa Business Sales, tampabusinessbroker, transworldbusinessadvisors Tagged With: cbi, cepa, lifeafterbusiness, michaelshea, owners, planning, succession, tampabusinessbroker, transworldtampa

The Most Dangerous Myth: “I’ll Sell When I’m Ready”

April 30, 2025 by Michael Shea PA

But life doesn’t always wait. I’ve seen owners blindsided by health issues, family emergencies, or sudden shifts in the market. Without clean books, a succession plan, or a recent valuation, they’re forced into rushed, low-value exits.

Filed Under: exitplan, exitplanning, Tampa Business Sales Tagged With: 5d's, control, emotions, illusion, marketconditions, michaelshea, planning, ready, sell, tampa, transworldbusinessadvisors, waiting

Popular Exit Strategies for Tampa Business Owners

February 7, 2025 by Michael Shea PA

If you’re ready to explore exit strategies or need help navigating Tampa’s competitive market, contact Michael Shea at Transworld Business Advisors for a FREE consultation. His proven track record and personalized approach will help you achieve the best possible outcome for your business transition

Filed Under: Selling A Business, Selling Your Company Tagged With: burnout, employeebuyout, liquidation, mergers, michaelshea, microacquisitions, planning, sellingthebusiness, tampabay, tampabusinessbroker

How Far in Advance Should Tampa Bay Business Owners Plan Their Exit Strategy?

November 6, 2024 by Michael Shea PA

  Selling a business requires careful timing and planning, especially in a vibrant market like Tampa Bay. Many business owners wonder how early they should start planning their exit. According to Michael Shea of Transworld Business Advisors, starting years ahead is ideal, with three to five years as a general benchmark. Here’s why advance planning […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, exitplan, michaelshea, michaelsheatampabusinessbroker, planning, tampa, tampabay, Transworld

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