The importance of the insurance expense in M&A

By John Weatherford, senior vice president, M.E. Wilson Mergers and Acquisitions (M&A) are complex transactions that require a great deal of planning, due diligence and execution. One aspect of M&A that is often overlooked is the insurance expense. Insurance plays a crucial role in the success of any M&A transaction and insurance expenses should not … Read more

Rich Man, Poor Man: A Tale of Two Athletes

By Michael Carr  The numbers are overwhelming. Currently, the average Major League Baseball, National Football League and National Basketball Association players’ salaries range from $3.26 million to $8.32 million, annually. The average career is 2.7 years for a MLB player, 2.5 years for an NFL player and 4.5 years for an NBA player. Yet, we … Read more

Small Business of the Year Spotlight: Yacht Starship Dining Cruises

Yacht Starship Dining Cruises, LLC      Troy Manthey, president and CEO & Jill Manthey, vice president of sales & community relations/owners Year won SBOY: 2016 Number of employees: 225 Year business established: 2001 What does your company do? What makes it unique? Yacht Starship Dining Cruises is the largest operator of dining yachts in Florida, with … Read more

Community banking for community-focused businesses

By Kevin Gilligan, SBA Lending Director at The Bank of Tampa Thanks to the Paycheck Protection Program (PPP), the Small Business Administration (SBA) has become a household name—at least within the business community. In actuality, the SBA offers business owners so much more than the PPP. Since its inception, the SBA’s primary mission has been … Read more

Business continuity tips for any business

By Sean Marcil, Managing Partner, CirrusTel Businesses are faced with more risk from disastrous events today than any other time in history. Moreover, these risks have evolved to include more points of exposure. The risks are ever-present, and they never stop. “The State of Ransomware and Disaster Preparedness: 2022″ survey identified that of the 79% … Read more

The importance of prenuptial agreements in protecting family businesses

Eric Maier and Courtney Koch, OLDER LUNDY KOCH & MARTINO Pondering how, and when, to ask the love of one’s life, “Will you marry me?” often generates huge anxiety for the proposer; often it can pale in comparison to pondering how, and when, to subsequently ask the same love, “Will you sign a prenuptial agreement?” … Read more

Community banking for community-focused businesses

By Kevin Gilligan, SBA Lending Director at The Bank of Tampa Thanks to the Paycheck Protection Program (PPP), the Small Business Administration (SBA) has become a household name—at least within the business community. In actuality, the SBA offers business owners so much more than the PPP. Since its inception, the SBA’s primary mission has been … Read more