Gather Financials
Collect three years of profit-and-loss statements, balance sheets, and tax returns. Buyers want clean, organized data to assess profitability.
#value
How to Value an Auto Body Shop: A Practical Guide
Valuing an auto body shop is both an art and a science. By combining financial analysis with an understanding of the shop’s operations, assets, and market position, you can arrive at a fair and realistic valuation. Whether you’re looking to buy, sell, or grow, knowing the true worth of the business is the first step toward making informed decisions.
Why Is My Business Worth Less Than I Expected?
It’s one of the most common questions I hear from business owners when they decide to sell: “Why isn’t my business worth more?” The short answer is that owners and buyers often see value through very different lenses. Owners tend to view their business through years of hard work, sacrifice, and emotional investment. Buyers, on […]
Why Michael Shea’s CBI Certification and Corporate Training Set Him Apart for Business Owner
In today’s competitive business landscape, choosing the right advisor is essential for owners looking to buy, sell, or grow their enterprises. Michael Shea stands out for two compelling reasons: his prestigious Certified Business Intermediary (CBI) designation from the International Business Brokers Association (IBBA), and his extensive sales, marketing, and distribution training with global giants Pepsi […]
Beyond the Numbers: How Transworld Business Advisors Prices Your Florida Business for Success in Tampa Bay
By Michael Shea, Partner, Transworld Business Advisors of Tampa & Hall of Fame Inductee When you’ve poured your life into building a business in Florida, the question of “What is it worth?” isn’t just about a number; it’s about valuing your legacy. At Transworld Business Advisors of Tampa, we understand that determining a business’s true […]