How a business owner can ensure continuity of care for employees and customers during a sale By Michael Shea, Transworld For many Tampa business owners, their company is more than a paycheck—it’s a community. You’ve built relationships with employees who feel like family and customers who’ve become loyal advocates. So, when it’s time to sell, […]
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Truth or Dare: The myths about businesses for sale
Misconceptions breed doubt, and doubt can stop you from seizing incredible opportunities. By cutting through the noise, I hope to empower you—whether you’re buying or selling—to move forward with clarity and conviction.
HOW TO GET ABOVE VALUATION PRICE ON YOUR BUSINESS SALE
Unlock Top Dollar for Your Business with Transworld Business Advisors Selling your business is an exciting milestone, but it’s important to ensure you maximize your profits. With careful preparation and the right guidance, you can achieve the highest possible sale price for your hard-earned asset. At Transworld Business Advisors, we specialize in helping business […]
Thriving in Turbulent Times: The Resilience of Recession-Proof Businesses
The Great Recession, as documented by the Federal Reserve, began its ominous journey in December 2007, with the economy reaching its zenith. Over the course of nearly a year, the nation’s gross domestic product plunged by 4.3%, while the unemployment rate spiraled from under 5% to a daunting 10%.
How can rising interest rates impact your business sale?
Increased borrowing costs: Small businesses often rely on loans to fund their operations or invest in growth opportunities. When interest rates rise, borrowing costs increase, making it more expensive for businesses to access financing. This can limit their ability to invest in new projects, purchase inventory, or expand their business, which can ultimately impact sales.