Michael Shea represents the Central 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. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 400 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
Transworld
Do You Need a Lawyer to Buy or Sell a Business? Yes — And Here’s Why Legal Creativity Matters
Example 3: Employees and Non-Competes
If the seller is staying in the industry, a strong lawyer ensures airtight non-competes. If employees are moving to the buyer, their contracts might need to be rewritten. These aren’t just legal formalities — they’re key to protecting business value.
Asset Sale vs. Stock Sale: What Business Owners and Buyers Need to Know
When you’re preparing to buy or sell a business, one of the most important decisions you’ll face is how to structure the transaction: as an asset sale or a stock sale. This isn’t just a legal or tax distinction—it’s a foundational element of the deal that can have serious consequences for both buyer and seller. As a business broker working across Florida for nearly two decades, I’ve seen this decision make or break deals. Let’s dig into the pros and cons of each option so you can understand what may be best for your situation.
As AI reshapes the job market, former desk jockeys are discovering that the future of work might just be blue-collar—and for sale.
AI’s rapid advancement is automating tasks traditionally performed by humans, including administrative duties, customer interactions, and data analysis . Industries such as finance, law, and consulting are particularly vulnerable, with AI systems capable of handling complex tasks more efficiently and at a lower cost. This technological disruption is not only displacing workers but also redefining […]
Seller Financing in Business Deals: Why You Can Get Paid
Most small business buyers don’t walk in with a briefcase full of cash. And while SBA loans are common, not every deal qualifies. When sellers are open to financing part of the transaction—say, 20% to 40%—they instantly expand their buyer pool and increase the odds of getting a deal done at a solid price.