Michael Shea

Central Florida's #1 Business Broker

tampa

The Dangers of Selling Your Business Without a Broke

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Selling a business is a complex and time-consuming process that requires careful planning and execution. Many business owners wonder, “Do I need a business broker to sell my business?” While it is possible to sell a business without the assistance of a broker, there are several advantages to hiring a professional to help with the […]

Q2 Business Sales Data

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While business transactions showcased a steady ascent in the past two quarters, there is a discernible downward trend in sale prices. The median sale price in Q2 saw a 14% drop to $300,000 from the preceding quarter. Moreover, the median asking price in Q2 experienced an 8% decrease over the same period. 

Exit Planning from Your Business in Tampa Bay

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Small businesses are the backbone of the Tampa Bay economy, providing jobs, services, and innovation to the community. However, many small business owners may not have a clear plan for exiting their business when they are ready to retire, sell, or pursue other opportunities. Exit planning is an important process that can help small business owners achieve their personal and financial goals, as well as ensure the continuity and sustainability of their business.

Pledge Funds: Exploring the Potential of Pledge Funds: A Path to Collaborative Investmen

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  In the world of business and investment, innovation often leads to new and exciting avenues for growth and collaboration. One such concept that has been gaining traction in recent years is the idea of pledge funds. These unique investment vehicles offer a fresh approach to raising capital, fostering collaboration, and supporting promising ventures. In […]

Embracing Change: Navigating AI’s Impact on Jobs through Small Business Ownership

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Embracing Change: Navigating AI’s Impact on Jobs through Small Business Ownership The relentless march of technological progress has ushered in a new era of innovation and efficiency, primarily driven by Artificial Intelligence (AI). As AI technology continues to evolve, it has the potential to reshape industries and transform the way we work. According to experts, […]