If you are looking for the best company to sell your business, look for these three pillars of excellence, all of which are hallmarks of Michael Shea’s practice:
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Maximizing Your Exit: Why You Need a Local Business Broker to Sell Your Business in Tampa & Clearwater
Selling a business in Clearwater is a different beast than selling one in Tampa or St. Petersburg. Each neighborhood has its own economic drivers, buyer demographics, and valuation trends. Michael Shea has spent nearly two decades navigating these waters.
Why “Knowing When the Time is Right” is a Business Owner’s Most Expensive Gamble
You wouldn’t list a home in South Tampa without looking at the comps, yet 60% of business owners have never had a formal Real Market Analysis. Relying on “industry multiples” you heard at the golf course is like navigating the Intercoastal without a GPS—you might feel okay, but you have no idea how close you are to the oyster bars.
The “Safe Bet” List: Top Franchises Ranked by Lowest SBA Default Rates
To keep the data reliable, we look at charge-offs—instances where the borrower couldn’t repay and the SBA had to pay the lender guarantee. We’ve also filtered this list to brands with over 25 loans. Why? Because a brand with only 2 loans and 0 defaults doesn’t have a large enough sample size to prove it’s a “safe bet.”
Contacting a Business Broker in Tampa Bay: The Role of Experts Like Michael Shea
To prepare, improve cash flows by optimizing pricing strategies and reducing overhead. Simple changes, like automating invoicing, can free up capital and demonstrate financial health to buyers.