Your Orlando Florida Business Broker

The Best Business Broker In Florida April 22, 2018  by  Michael Shea PA BBF Award for Most Sales Every year, the Business Brokers of Florida pick the best business broker based on results.  Turns out  Your Florida Business Broker Michael Shea PA  took home first place as the business broker who sold the most deals in all of Florida.  This is the second time I have gotten this award.  To set some context for you in terms of what the norm and what I did: A good firm or broker will do about 8 to 10 transactions in a year.  I sold 29 (actually in the 30’s but I moved some closings over to this year for tax purposes).  So I pretty much doubled what my peers did.  Certainly should cause a seller to ask the question of themselves as to who they should use.  Keep in mind by the way this is not fluke….i have always..always been in the top 5 year in and year out.  Consistency is what I strive for Turns out there is ...

Broker Band Width...What is it? And Why Does It Matter? When you look to sell your business in Florida you traditionally turn to business brokers.  There are at last count some 800 plus business brokers that are members of The Business Brokers of Florida.  Now, here comes that scary part. Although there are 800 plus licenses members of the association there are less than 50 that perform 80% of the transactions.  Now the reason for this is that in larger deals the commissions can be large and most business brokers are retirees from other professions with incremental sources of income (pensions and the like). As a seller, you would probably want to not assume that any salesperson is telling you the truth about their involvement/activity in the industry.  But if it was me I would certainly want a full time active agent working my deal. There is another grave issue at play here in Florida.  BANDWIDTH.  Bandwith in the modern sense refers that ability...

Resource Available Free for Buyers & Sellers of Businesses BBF Award for Most Sales f you a busy professional and you are looking to buy a business or an entrepreneur considering selling a business you probably have the need to multi-task. Time is at a premium so we at  Your Florida Business Broker   wanted to avail you of yet another resource to help you make an informed and intelligent decision regarding either buying or selling a business.  In today’s busy world we much leverage all of our time so it occurred to us that creating a  podcast  would be great way to give you yet another source of information to access when traveling, commuting, or having your morning coffee:  We will be updating you daily with new listings, changes in lending patterns we see from banks, hot new deals, price adjustments, and  educational data   you can access you to help you make solid decisions regarding buying or selling your business. Tra...

A close up of the tab from a confidential file folder. When you are buying or selling a business confidentiality is one of the most important factors.  Now to the novice negotiator, buyer or seller with a lack of experience or understanding of all the things that can go wrong you may find that odd but let me explain. First….the sale of a business is a private matter and the only people who should be involved are those necessary: Buyer, Seller,  Broker  if there is one,  CPA’s , and  Legal Counsel .  That’s it.  No one else has a need to know.  As a seller who spends a lot of time with employees, there is often some emotion and misguided feelings of emotion/loyalty borne out of concern for your staff. But I would charge that to be misguided.  Here is how sellers should look at the deal:  Employees should be focused on their job and job alone.  The sale is to be handled by the players hired to manage the transaction.  Any tim...