he is a recognized leader in the industry with impeccable credentials. His experience spans various sectors including tech, distribution, retail, and food and beverage. Known for his direct and honest feedback on exit planning and deal structure, Michael Shea has become one of Central Florida’s most successful business brokers.
Transworld
Hurricane Recovery for Tampa Bay Small Businesses: Key Resources for Post-Storm Resilience
When hurricanes sweep through Tampa Bay, they leave behind a trail of challenges for local communities and small businesses alike. While recovery can be daunting, Tampa has a wealth of resources to help small businesses navigate the aftermath of a storm and emerge stronger. Here’s a look at the key support systems available to small businesses in Tampa Bay post-hurricane.
Podcast Introduction: The Importance of Confidentiality in a Business Sale
Welcome to today’s episode, where we dive into a critical topic for anyone looking to sell their business: the role of confidentiality in the sales process. Selling a business is a complex journey, and maintaining confidentiality is a key factor in ensuring a successful transition. Whether you’re selling to a new buyer or transitioning ownership […]
The Importance of Due Diligence in Business Purchases in Tampa Bay: Ensuring Financial Records Are Accurate
ax returns are a reliable way to confirm reported income and financial health. Review recent tax filings to ensure the business has been compliant and that reported profits align with tax records. Discrepancies here can signal accounting issues or inaccuracies in reported earnings.
How Far in Advance Should Tampa Bay Business Owners Plan Their Exit Strategy?
Selling a business requires careful timing and planning, especially in a vibrant market like Tampa Bay. Many business owners wonder how early they should start planning their exit. According to Michael Shea of Transworld Business Advisors, starting years ahead is ideal, with three to five years as a general benchmark. Here’s why advance planning […]