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Michael Shea

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selling

How much is your company worth? Navigating Business Valuation: A Guide for Tampa, Florida Entrepreneurs

August 12, 2023 by Michael Shea PA

When it comes to valuing a business, it’s not just about crunching numbers – it’s a blend of art and science. Imagine it as putting together a puzzle, where each piece represents a different aspect of your business. We start by diving deep into your financials, assets, liabilities, and operations. But it doesn’t end there. The real magic happens when we combine these quantitative insights with qualitative factors like your brand’s reputation, customer loyalty, industry trends, and your competition’s landscape.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company Tagged With: bradenton, business, clearwater, howmuchismybusinessworth, Lakeland, selling, sellmybusinesstampa, tampabay, valuation, whatismybusinessworth, winterhaven

What is Section 338(h)and how can it help sellers and buyers get a deal done?

June 16, 2023 by Michael Shea PA

Section 338(h)(10) allows a purchasing corporation to elect to treat the acquisition of another corporation as a deemed asset purchase for tax purposes, even though it may legally be structured as a stock purchase. This means that the purchasing corporation can treat the transaction as if it had acquired the assets of the target corporation, resulting in potential tax benefits such as stepped-up basis in the assets and the ability to deduct any resulting goodwill or intangible asset amortization.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: businessbroker, exitplanning, IRS, michaelshea, selling, stocksale, tampabusinessbroker, taxcode

Co Brokering…the argument against and the response

May 16, 2023 by Michael Shea PA

  Cobrokering in business brokerage refers to the practice of multiple brokers or intermediaries working together to facilitate a business sale. While cobrokering can have certain advantages, there are also arguments against this practice. Here are some common arguments against cobrokering in business brokerage: Lack of Control: When multiple brokers are involved in cobrokering a […]

Filed Under: Uncategorized Tagged With: bbf, businessbrokerage, cobroker, ibba, selling, sellyourbusiness

How to find the best business broker in Tampa Bay

February 10, 2023 by Michael Shea PA

HOW TO FIND THE BEST BUSINESS BROKER IN TAMPA BAY FLORIDA So, you’ve decided to buy or sell a business. Now comes the part where you’ll need to find professional help to assist in your journey. A good business broker will find you a reputable buyer or a promising business opportunity and confidently walk you […]

Filed Under: Selling A Business, Selling Your Company Tagged With: broker, buying, CO-BROKER, communication, selling, tampa, TRANSWORLDBUSINESSBROKER

How to sell your business in greater Tampa Bay?

February 8, 2023 by Michael Shea PA

HOW TO SELL YOUR TAMPA BAY BUSINESS TODAY For over 40 years Transworld Business Advisors has been the leader in selling businesses in Tampa Bay. Born in Florida and headquartered here, we are the worlds largest business brokerage and year over year deliver the best outcomes for business owners looking to sell their business. We […]

Filed Under: Selling A Business, Selling Your Company Tagged With: business, experience, florida, mainstreet, middlemarket, retire, selling, sellyourbusiness, tampa, tampabay, tampaflorida, Transworld

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