Your Orlando Florida Business Broker

Profitable Industries for Small Business December 18, 2017  by  Michael Shea PA Any good endeavor starts with a good idea – and the same is true for small businesses. While profit isn’t the only factor for a small business owner to consider, it’s an important place to start. Other factors to consider include whether the business matches your interests and skills, and what sort of barriers to entry are required such as licensing or training. If this sounds like a lot to navigate, do not fret –  Transworld  is here to help. We can help you go through an idea validation process – including market research and financial feasibility – before you’re too far in.  Transworld  can help you to do your research to make sure the concept will succeed. Owning a profitable small business is a great way to build wealth and take charge of your own destiny. The professionals at Transworld can help you get there. A recent study from Sageworks identified some of the industries with the most pr

Recaps for Privately Held Businesses, Good Or Bad? November 20, 2017  by  Michael Shea PA   (Edit) What’s a Recap and Why Should I Care? Definition: A Recapitalization or Recap is a financing technique used typically by private equity investors to invest in privately-held businesses that allow the existing owner to restructure the debt and equity of their company to either obtain new capital for future business growth and/or to reduce their personal financial risk by taking some chips off the table. Recaps are typically structured in such a manner as to repay any existing debt that has been personally guaranteed by the existing owner. This is one of the main benefits in that it reduces the owners’ personal financial risk from their personal guarantees on bank loans, capital leases, etc. If a “Black Swan” event occurs and the business flounders, the owner has at least taken substantial money off the table and avoided losing everything. Recaps include a reduction in the owne

Tips for Selling Your Franchise – Michael Shea P.A. November 16, 2017  by  Michael Shea PA If you have decided it is time to sell your existing franchise, an experienced broker like Michael Shea P.A. can help. Transworld has many years of experience working with franchises and we offer a franchise resale program to help you successfully sell your franchise. Our partnership with United Franchise Group means that we have a vast understanding of the franchise business. We know the ins and outs and can put that knowledge to work for you throughout the process of selling your franchise. In franchise sales terminology, the purchase of an existing unit is referred to as a “resale.” All franchisees have a life cycle and almost everyone who buys a franchise will at some point want to sell it. Resales are very common and have neither a negative or positive reflection on the franchise network. Selling a franchise offers potential buyers some distinct advantages, however, without s

Business Brokers: How to Choose the Right Business Brokerage Firm November 8, 2017  by  Michael Shea PA Buying or selling a business can be a stressful time. Choosing an adviser to help you through the critical steps in the process is key to a successful transaction. From research to close, it is important to understand what your business broker will do for you, know the costs associated with hiring a broker, and conduct a careful evaluation of their track record and success. What Your Business Broker Will Do for You: A broker is an individual who works as part of a business brokerage firm and is experienced in both business and business sales. Business brokers put buyers and sellers in touch with one another and act as a helpful mediator, promoting a productive discussion that ultimately benefits both parties. Buyers: If you are buying a business, a business broker will work with you from the very beginning to understand your interest in purchasing a business, educat

Selling a business is rarely an easy decision to make and there can be a great deal of complexities involved in the process. Most importantly, before finding a qualified broker to proceed with the transaction, you’ll need to take several important preliminary steps to prepare yourself and your business. Timing is Everything Selling requires careful planning and Transworld is here to help. We will help you consider the business’s ability to sell, its readiness, and your timing. The old saying that the early bird gets the worm is also true when it comes to selling your businesses. Preparing for the sale as early as possible will help you improve your financial records, business structure, and customer base. These improvements will also ease the transition for the buyer and keep the business running smoothly. Ideally, owners should begin getting their businesses ready to sell before they hope to close a deal, to slowly wean themselves from the day-to-day responsibilities and gett

Confidentiality is an important factor in the successful sale of any business and should be taken seriously. Preserving the value-adding aspects of your business like your customer base, relationships with reliable vendors, experienced employees, and your market share helps you command a good price for your company. A breech in confidentiality can create havoc for a seller trying to sell it for the highest possible value. Unfortunately, in many cases, when the word slips out that you are looking to sell your business, people can’t help but talk. And that is when the rumors start, which can spread as quick as wildfire. It’s human nature to resist change. The rumors may start to make your employees feel anxious and worry about their future. They may start looking for new jobs and also share the concerns of the business sale with your customers. This could trigger a negative reaction and your customers might start looking for another business to work with. When customers and em

Business brokers, also called business transfer agents, or intermediaries, bring many benefits to the table for buyers and sellers as they assist in the process of buying and selling a business.  Transworld Business Advisors  is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life. Transworld Business Advisors help sellers to locate and vet potential buyers. On the other side, buyers also rely on Transworld Business Advisors to help facilitate the process of  evaluating potential businesses and franchises for sale . A Transworld Business Advisor is the solution for both scenarios for several reasons. Confidentiality.  Business brokers like Transworld Business Advisors are experienced in marketing a business without identifying it and will protect the identity of the company for sale. Business brokers like Transworld Business Advisors have procedures to maint

As it is with many things in life, timing is everything – especially when determining the right time to sell your business. Transworld presents the following list of questions that will you help determine if you should sell your business. Consider them carefully and answer them honestly: Am I ready to sell? Do I feel more exhaustion or passion when running the business? Could selling the business solve a problem or meet a strategic goal? Do I have the right people in the right positions to lead the company to the next level under new ownership? Will someone appreciate the business enough to buy the business? Do I have a viable business model? Is the timing right to put my business up for sale? Is the market right for me to sell? Do I have, or can I get, a top-notch team to market my business? Is the business ready to sell? Are my financials well-positioned and projected to show profit and growth? Can my business adapt and cope with the changes on the horizon? If you

Goodwill When Buying or Selling A Business October 31, 2017  by  Michael Shea PA   (Edit) man and woman shaking hands in front of laptop A business’s true worth is often far more than the value of its individual parts. When buying or selling a business, goodwill represents the value of the business that is above and beyond the worth of separately identifiable tangible business assets. Unlike physical assets, like buildings or equipment, goodwill is an intangible asset. What Are the Factors that Contribute to the Creation of Business’s Goodwill? Business goodwill reflects the synergy among the various assets in a well-run business that are used to generate revenue. Although it can be difficult to price, determining the value of goodwill can make a company more valuable. However, since the components that make up goodwill have subjective values, there is also a risk that a business could over or undervalue goodwill during a business valuation. Business owners may believe that the

Millenials and College Students….the Next Entreprenuers October 30, 2017  by  Michael Shea PA   (Edit) Millenials and College students face a new age.  Of late in the news we repeatedly are told of how college graduates are underemployed or can’t find jobs. As a parent of teens looking to enter that eventual pool, I say “Great”. The working world is not what I entered into in the early 1990’s. Manufacturing Jobs have either gone overseas or been automated with the advance of technology leaving the younger generation in a state of turmoil and flux. Why do I say “Great,” you ask….well the simple fact is that poverty and being uncomfortable will be the stimulus that pushes this highly educated group to create the new economy. The wave of entrepreneurial creation that will be born in the next 20 years will be unlike anything us Gray Hairs have seen before. As a business broker, I look forward with optimism to the next several decades as these budding entrepreneurs create new bu