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smallbusiness

Tampa Bay Business-for-Sale Market Poised for Growth Through 2025

January 14, 2025 by Michael Shea PA

On the buyer side, activity in Tampa Bay remains robust. Surveys show that 86% of buyers plan to make a move within the next two years. Buyers are drawn to the region for its vibrant economy, growing population, and diverse industries, including hospitality, healthcare, technology, and professional services.

Filed Under: Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: buyers, capitalize, preperation, sellers, smallbusiness, survey, tampa, tampabay

79% of Tampa Bay Business Owners Struggle with Rising Costs Despite Reports of Easing Inflation

January 14, 2025 by Michael Shea PA

As we are days away from the new administration being installed, business owners look for relief from the last couple of years of tightening credit lines and expensive money. The Federal Reserve and the Bureau of Labor Statistics recently reported that inflation is slowing, with the Consumer Price Index (CPI) for September at 2.4%, down […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: buying, hillsborough, inflation, investment, michaelshea, pinellas, selling, smallbusiness, tampa, tampabay, tampabusinessbroker

Westchase: Tampa’s Hidden Gem for Residents and Businesses Alike

January 13, 2025 by Michael Shea PA

Nestled in the northwest corner of Hillsborough County, Westchase has emerged as one of Tampa’s most desirable suburbs. This master-planned community offers a perfect blend of suburban tranquility and urban convenience, making it an attractive destination for both residents and businesses.

Filed Under: Business Management Tips, Buy a Business, Selling A Business, Selling Your Company Tagged With: median income, smallbusiness, tampa, tampabusinessbroker, Westchase

Hurricane Recovery for Tampa Bay Small Businesses: Key Resources for Post-Storm Resilience

November 13, 2024 by Michael Shea PA

When hurricanes sweep through Tampa Bay, they leave behind a trail of challenges for local communities and small businesses alike. While recovery can be daunting, Tampa has a wealth of resources to help small businesses navigate the aftermath of a storm and emerge stronger. Here’s a look at the key support systems available to small businesses in Tampa Bay post-hurricane.

Filed Under: Tampa Business Sales Tagged With: business, businessbroker, helene, help, hurricane, michaelshea, sba, smallbusiness, storms, tampa, tampabay, Transworld

What are the Triggers that push a Tampa Business Owner to Sell Their Business?

November 5, 2024 by Michael Shea PA

According to the Exit Planning Institute, triggering events serve as a catalyst to evaluate the business’s current state and future potential. Through this process, business owners can identify gaps in profitability, readiness, and overall value, helping them make informed decisions on their next steps​.

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: business, exitplan, exitplanning, professionals, smallbusiness, tampa, tampabay, Transworld, triggering

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