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Michael Shea

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The Importance of Properly Pricing Your Business for a Successful Sale in Tampa Bay

November 4, 2024 by Michael Shea PA

For Tampa Bay business owners ready to sell, setting a fair and realistic price is one of the most important steps to ensure a smooth transaction. Proper pricing attracts serious buyers, shortens time on the market, and maximizes your return on investment. By focusing on SDE, cash flow, market comparables, and other relevant metrics, you can price your business accurately and make it more attractive to buyers.

Filed Under: Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: bestbusinessbrokerintampa, businessbroker, businesssales, pricing, seriousbuyers, tampa, tampabay, tampabusinessbroker

op Factors That Kill Business Sales: What Tampa Bay Business Owners Need to Know

November 4, 2024 by Michael Shea PA

  When selling a business, many factors can make or break the deal. For Tampa Bay business owners thinking about selling, understanding common deal-breakers is essential to avoid costly mistakes and maximize the chances of a successful sale. Based on insights shared in the video, here are the top things that can derail a business […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: businessowners, declining, legal, michaelshea, sellingabusiness, tampa, tampabay, tampabusinessbroker, yourfloridabusinessbroker

Maximizing Your Business Value: The Benefits of an Annual Meeting with a Tampa Business Broker

November 4, 2024 by Michael Shea PA

Brokers will review your financials to assess profitability trends, cash flow, and the reliability of your revenue streams. They’ll offer feedback on areas where margins could be improved and help you strategize for long-term financial stability.

Filed Under: Business Management Tips, Selling A Business, Selling Your Company, Tampa Business Sales Tagged With: BENCHMARKS, businessbroker, businessbrokers, INDUSTRYBENCHMARKS, MARKET, michaelshea, michaelsheatampabusinessbroker, tampabusinessbroker, transworldbusinessbrokers

Listen to the Concerns of Buyers: Brokers and Sellers you need to Address them

October 31, 2024 by Michael Shea PA

Concerns about day-to-day operations include understanding the standard operating procedures, inventory management, and customer service practices to assess whether the business can run smoothly under new ownership.

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: ai, businessbroker, clearwater, concerns, duedillgence, michaelshea, risk, tampa, tampabusinessbroker

Why Provable Cash Flow is Key for Small Business Owners Looking to Sell Unlocking the Power of SBA Financing for Higher Valuation

October 31, 2024 by Michael Shea PA

  As a small business owner in Tampa Bay, you’ve poured your heart and soul into building your enterprise. When it comes time to sell, maximizing your return on investment is a top priority. One crucial factor that can significantly impact your business valuation is the availability of SBA financing. By demonstrating strong, provable cash […]

Filed Under: Uncategorized Tagged With: #sellmybusiness, business, buyer, cashflow, michaelshea, risk, sba, sellabusiness, tampabay, tampabusinessbroker, transaction, transworldbusinessadisors, valuation

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