Thriving in Tampa: 10 Tips to Transform Your Business, Insights from Tampa Business Broker Michael Shea Navigating the dynamic business landscape in Tampa, Florida, requires more than mere survival—it demands a proactive approach to thrive and succeed. In this blog post, Tampa Business Broker Michael Shea shares ten invaluable tips to help businesses transition from […]
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Different Corporation Types for Small Business
It’s important to consult with a lawyer or tax professional to determine which type of corporation is best suited for your small business, as each type has its own advantages and disadvantages depending on your specific needs and circumstances.
Why do only 10% of Family Businesses Sell?
In the 1980’s, the Family Firm Institute did a study showing that about 30% of all family-owned businesses survived into the second generation; about 12% made it to the third generation; and only 3% survived through the fourth generation and beyond.