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Michael Shea

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What is Form 8594 and Why is it important?

February 11, 2024 by Michael Shea PA

Demystifying Form 8594: Your Guide to Navigating Business Sales and Taxes Buying or selling a business? Hold onto your hats, because IRS Form 8594 is about to enter the stage. This seemingly innocuous form plays a crucial role in ensuring both you and the buyer handle the tax implications of the sale smoothly. But fear […]

Filed Under: Buy a Business, Selling A Business, Selling Your Company Tagged With: 8594, allocation, businessbroker, buyingorsellingabusiness, form8594, michaelshea, tampabusinessbroker, TAXES, Transworld

The Incubator Gap: Why Skilled Trades Entrepreneurs Get Left Behind

January 18, 2024 by Michael Shea PA

Don’t get me wrong, incubators do incredible work. They nurture fledgling tech ventures, providing mentorship, funding, and networking opportunities. But their model, often laser-focused on scalable, high-growth businesses, overlooks the unique needs and realities of trades-based entrepreneurs.

Filed Under: Uncategorized Tagged With: business, funding, incubator, michaelshea, tampabusinessbroker

Selling Your Business? Let Go Today for a Smoother Tomorrow

December 28, 2023 by Michael Shea PA

Hi there, Tampa business owners! As your local Transworld Business Broker, I get it. You’ve poured your heart and soul into building your business, and the thought of letting go can be daunting. But trust me, the right preparation can transform a stressful transition into a rewarding exit. So, you’re thinking of stepping away? Before […]

Filed Under: Uncategorized Tagged With: businessowner, consultation, dream, exitplan, michaelshea, tampa, tampabusinessbroker, Transworld

New Listing Asian Fusion Restaurant in Kissimmee Florida 3353-971426

December 28, 2023 by Michael Shea PA

  Listing Number: 3353-971426 Description This highly successful Asian Fusion Restaurant has operated for over a decade and is the go to place for authentic Thai,Chinese, Vietnamese themed dishes. Fresh and Tasty and known by the locals and tourists alike. High traffic location, strong brand recognition and great staff are just a few of the […]

Filed Under: Uncategorized Tagged With: asian, businessforsale, fusion, kissimmee, michaelshea, tampabusinessbroker, Transworld, vietnamese

Buying A Distress Business to Mitigate Start Up Costs

December 7, 2023 by Michael Shea PA

Hello, Tampa Bay Entrepreneurs! I’m Michael Shea, your go-to business broker in the thriving Tampa business scene, and today I want to share a powerful strategy for savvy entrepreneurs looking to make a mark in the business world: buying distressed businesses. In a landscape where startup costs can be prohibitive, acquiring distressed businesses offers a […]

Filed Under: Uncategorized Tagged With: cost, dedicatedbusinessbroker, tampabay, tampabusinessbroker, Transworld, transworldbusinessadvisors

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