Owning a business in Tampa Bay isn’t just about keeping the doors open and customers happy — it’s about building long-term value. For many owners, their business is their largest asset, yet they rarely check in on its market value until they’re ready to sell. That’s a mistake. Just like you meet with your CPA […]
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Is Seller Financing Right for Your Business Sale? Florida Risks & Regulations Explained
Michael Shea represents the Central Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 400 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
“Trust Me, Bro” Isn’t a Valuation Strategy
If you admit you didn’t report all your income, buyers start wondering what else they can’t see. Are expenses inflated? Are vendor deals under the table? Are there legal issues lurking? Unreported cash opens a can of doubt you can’t close.
How to Mitigate Risk for Your Small Business: 10 Items to Consider
A good business plan isn’t just for securing funding—it’s a blueprint for decision-making. A well-thought-out plan outlines your goals, identifies your target market, evaluates your competition, and anticipates potential challenges. Regularly review and revise your plan as your business grows or as market conditions change.
The Baby Boomer Business Dilemma: Why Selling Now is Crucia
a surprising number of baby boomers are holding onto their businesses rather than putting them on the market. This hesitation has significant implications—not just for the boomers themselves, but for the broader economy. In this post, we’ll explore why baby boomers are delaying the sale of their businesses and why the time to act is running out.