Orlando’s Business Broker Michael Shea P.A. had some time to sit down with CPA Matt Bell of Harding Bell International to discuss the do’s and don’ts of buying and selling a business.
As a buyer one of the critical components of buying a business is the due diligence process and Mr. Bell goes into detail some common mistakes made by people buying a business in Orlando and Kissimmee. Mr. Bell goes into some of the non-balance sheet items specifically and the need for industry-specific and localized professional support during the transaction.
Matt Bell of Harding Bell Tax also goes into detail on some of the mistakes business owners make with regard to failing to prepare to sell their business in Orlando and Kissimmee and how failing to plan and prepare can impact taxes at the sale and the net dollar amount of proceeds post the transaction.
Matt’s been in public accounting since 1997, after graduating magna cum laude from Warner University with a fifth year of accounting from Florida Southern College. He received his qualification as a Certified Public Accountant in March 2002. Over the years, Matt has worked extensively in domestic and international tax planning for US businesses and for foreign investors in US real estate.
He is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants.
Michael Shea P.A. is a Partner and the Senior Business Broker with the Transworld Business Advisors office in Central Florida. With an extensive professional background in logistics, sales, and operations he has for the last 16 years been a partner handling main street and middle-market transactions. He is a former US Army Officer with over 10 years of service. Transworld is the worlds largest business brokerage with over 260 offices worldwide and has sold over 10,000 transactions in its 40 year history.
Should you wish to have a consult with Orlando Business Broker Michael Shea he may be reached at mike@tworld.com or call direct 321-287-0349