How to Sell Your Business in a Dynamic Environment

Circling Back with Transworld CEO Andy Cagnetta

When you’re thinking of buying or selling your business, don’t even consider going it alone, especially in this ever-changing business environment, Transworld CEO Andy Cagnetta told SFBW Editor-in-Chief Drew Limsky during their last webinar chat. This advice is even more compelling now, between the enduringly high interest rates and lack of inventory, new SBA rules and the new “Broker Simplification Act.”

Cagnetta, the CEO of the 26-year-old Fort Lauderdale-based advisory company that specializes in business brokerage, franchise consulting and franchise development, makes a convincing case for hiring the experts. “We tell people that we sell other people’s businesses,” he says. And what the seller should be doing during this process, he emphasizes, is continue to run their business—and nothing else—while the sales saga unfurls. Let the professionals at Transworld Business Advisors navigate choppy waters for you while you do what you do best.

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Drew Limsky

Drew Limsky



Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.