Michael Shea represents the Tampa Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more
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Financial Cleanup Checklist: Getting Your Books Ready for a Business Sale
I would tell you that better than 70% of the time business owners have made short term decisions in a vacuum without thinking of the end goal of wealth and a exit. Now is all they think of resulting in really horrible outcomes at the time of sale. If your CPA is not having this conversation with you you need a new CPA.
Generational Trends in Business Ownership, Planning, and Revenue: Insights for Tampa Owners
These findings demonstrate that regardless of generation, business owners in Tampa and beyond benefit from data-informed strategies, realistic succession planning, and a clear understanding of company value and structure.
Generational Perspectives on Pre-Transition Value Enhancement in Business Exits
Among Baby Boomers, 43% cited lack of necessity or time as primary barriers, aligning with benchmarks from similar studies like the 2013 EPI report, where over 70% of owners lacked formal exit plans.
Buy vs. Build: Why Acquiring a Failed Business’s Buildout Can Be a Smart Move
Buying a failed business’s buildout isn’t about inheriting someone else’s problems—it’s about leveraging their investments to build your own success. If you’re considering entering a new market or expanding your footprint, don’t overlook the power of acquisition. Sometimes, the smartest way to build is to buy.