Your Orlando Florida Business Broker

n this engaging video, Michael Shea shares his valuable insights on how to identify, evaluate, and acquire businesses that have the potential for long-term success. He breaks down the complexities of the business acquisition process into easy-to-understand steps, making it accessible for both aspiring and seasoned entrepreneurs. Shea discusses the key factors that play a crucial role in determining the best businesses to buy, including market trends, financial health, competitive advantages, and growth potential. Through his clear and concise explanations, viewers will gain a deeper understanding of the due diligence required when considering a business acquisition. As an advocate for informed decision-making, Michael Shea provides practical tips and strategies for mitigating risks and maximizing opportunities. He emphasizes the importance of aligning the purchased business with one's expertise, passion, and long-term goals, fostering a harmonious and rewarding entrepreneurial jour...

I got to have a quick chat with @mattbell and  Kenn Gluckman  of Harding Bell International and Moran Kidd. Both are well experienced in deal making and as a CPA and an Attorney know what goes into Due Diligence on business sales large and small. Buyers and Sellers both would be wise to watch this in its entirety.  https://lnkd.in/ewW6Kzb8

  Co Brokering…the argument against and the response May 16, 2023  by  Michael Shea PA   (Edit)   Cobrokering in business brokerage refers to the practice of multiple brokers or intermediaries working together to facilitate a business sale. While cobrokering can have certain advantages, there are also arguments against this practice. Here are some common arguments against cobrokering in business brokerage: Lack of Control: When multiple brokers are involved in cobrokering a deal, it can lead to a lack of control and coordination. Each broker may have their own methods, communication styles, and priorities, which can result in confusion and inconsistencies throughout the process. This lack of control may hinder the efficiency and effectiveness of the transaction.   It is certainly true that there can be control issues at play in cobrokering situations. The scarlet letter of C for Control has its genesis in a world of business brokerage that largely exis...

Our latest immigration E2 visa update with Immigration Attorney @lisakhan (  https://lnkd.in/gazNDMuT  ) . There is some good news specifically with speed, we talk through the interesting issues related to housing we are seeing and the reality that folks may want to avail themselves of our deep network nationwide.  Andy Cagnetta   Jessica Hadler Baines   Jessica Starks   Robert A. Fisher, MBA   #e2visa   #immigration

Timing Your Business Sale: The Exit May 2, 2019  by  Michael Shea PA   (Edit) Timing the sale of your business is critical. All too often when a business owner considers selling their business, the fail to factor the time it takes to sell and the variables associated with their business. So the purpose of this blog is to set some expectations and give business owners some time considerations as well as some other factors that impact a deal. How Long Does It Take To Sell A Business How Long Does It Take To Sell A Business? The National Average is 8 to 12 months. I have sold one in as little as 5 days but that is far from normal. Why so long? Well lots of reasons ranging from overpricing, bank qualification, immigration delays, interest rate changes, due diligence discovery issues, and a million others. Also, keep in mind there are seasons to things both in the short term (summer, fall, holidays) and the long term (election years, Brexit, recessions). As a busin...

Planning Your Exit From Your Small Business A sale takes 8 to 12 months....primarily because sellers do not plan and get coached along the way on how to drive pricing, mitigate risk, time the exit.  Call for a Free Consultation 321 287 0349

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...