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retirement

50 Year Old Plus Iconic Restaurant

February 2, 2024 by Michael Shea PA

  Listing Number: 3353-573228 Description This decades old restaurant is an icon for the community it resides in. Outstanding customer loyalty that spans generations it is a community icon and destination for families returning to town. The choice for home cooking and comfort food it has an outstanding location, plenty of parking and seating of […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: businessforsale, hillsbourough, mcdonalds, osceola, pasco, polk, restaurant, retirement

Secure Your Retirement: How Transworld Business Advisors Can Help You Sell Your Business and Retire Rich

November 28, 2023 by Michael Shea PA

Embarking on the journey of selling your business is a pivotal step toward securing a comfortable retirement. Transworld Business Advisors, with its wealth of experience and industry expertise, can play a crucial role in helping you navigate this complex process. In this blog post, we’ll explore how partnering with Transworld Business Advisors can pave the […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: businessadvisors, businessbroker, Lakeland, michaelshea, retire, retirement, Transworld, transworldbusinessbrokers, transworldma

Legit Tax Mitigation in Small Business: The SEP IRA

July 20, 2023 by Michael Shea PA

SEPs can be a great way for self-employed individuals and small businesses to save for retirement. They offer higher contribution limits than traditional IRAs, and contributions are made by the employer, which can make it easier for business owners to save for retirement.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: #michaelsheapa, businessbroker, entrepreneur, ira, retire, retirement, sep, smallbusiness, tampabusinessbroker, taxplanning

Three Simple Tax Mitigation and Retirement Plans Business Owners Should Consider deploying

April 27, 2023 by Michael Shea PA

Under a SIMPLE 401(k) plan, employees can elect to make pre-tax contributions to their retirement accounts through payroll deductions, up to a certain annual limit set by the IRS. Employers are required to match employee contributions dollar for dollar, up to a certain percentage of the employee’s compensation, or to contribute a fixed percentage of each employee’s compensation, regardless of whether the employee contributes.

Filed Under: Uncategorized Tagged With: cashbalanceplan, financialplanner, retirement, sep, simple401k, smallbusiness, tampabay, tampabusinessbroker

Small Business Owners: How to save for retirement and still run your business?

May 8, 2020 by Michael Shea PA

Small business owners are A- type personalities. They believe they can do anything because they have. They have built a small business when the easy thing is to go get a job. Small business sounds sexy and fun but the reality is the owners get treated pretty poorly in the early stages by banks so […]

Filed Under: Business Management Tips Tagged With: cfp, exitplanning, financialplanning, orlandobusinessbroker, retirement, smallbusiness, time, Transworld

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