The sale process is grueling. If a seller becomes defensive during questioning or takes “due diligence” personally, buyers often walk away simply because the seller is too difficult to work with.
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Top 7 Questions Tampa Bay Trades Business Owners Ask Before Selling
Tax treatment on a business sale depends on deal structure (asset sale vs. stock sale), how the purchase price is allocated, and your personal situation. Michael Shea works closely with CPAs and tax attorneys to help sellers minimize their tax liability — but always recommends consulting your own tax advisor.
To Sell or to Wait? Why “Now” Might Be Your Best Exit Strategy
Selling now allows you to “lock in” your current margins and take advantage of the current financing environment. If you’re waiting for a higher revenue number, ask yourself: Is the extra effort worth the risk of a shifting economy or shrinking margins?
Preparing Your Tampa Business for Sale: Essential Strategies
Whether you are looking to retire in St. Petersburg or start your next venture in downtown Tampa, here are the essential strategies to prepare your business for a successful transition.
Should I Sell Or Should I Go?
This podcast features a diagnostic assessment designed to help entrepreneurs determine if they should divest from or retain their companies. This self-test evaluates critical areas such as financial preparedness, organizational autonomy, and the owner’s personal wellness and future goals. By assigning numerical values to specific operational and psychological indicators, the tool identifies potential exit readiness or the need for further internal development. […]