David C Barnett Small Business and Deal Making M&A SMB: Recent Episodes
David C Barnett
I discuss buying, selling, financing and managing small and medium sized businesses either alone or with guests. I've started, bought, sold and closed businesses. Author of three best-selling business books; 'Invest Local: a guide to superior investment returns in your own community,' 'Franchise Warnings: What you really need to know before you buy' and 'How To Sell My Own Business: A guide to selling your own business without paying a broker's commission.' all available as well as 5 other books on Amazon or from www.DavidCBarnett.com
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.comSee my video on ‘Non-SBA Deal Financing’ to learn more https://youtu.be/Pwa_EsrHl58 New Video Alert!New SBA rules for buying a business take effect October 1, 2026—and there's already plenty of confusion about what they actually mean.In this video, I break down the major SBA changes affecting business acquisitions, including the 10% equity injection requirement, seller financing, investor capital, debt service coverage, Quality of Earnings reports, real estate amortization, and longer seller transition periods. I also explain why I believe many of these changes could actually benefit first-time business buyers.The goal shouldn't be to buy the biggest business possible with the least amount of your own money. It's to acquire a good business with enough financial resilience to survive after closing.If you're planning on buying a business with an SBA loan, understanding these new rules—and discussing your specific deal with an experienced SBA lender—is essential.Chapters:0:00 Navigating the New SBA Lending Landscape1:03 Why These SBA Changes Are Actually Good News1:54 The Dangerous Reality of the Day Two Problem4:40 New Equity Requirements and Skin in the Game16:49 The Importance of Quality of Earnings Reports28:39 Building a Resilient Business for the Long Term**Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----#SBALoan #SBA7a #BuyABusiness #BusinessAcquisition #BuyingABusiness #SBALending #BusinessBuyer #SmallBusiness #ETA #SellerFinancingYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Phil wants to buy a business and he’s got a great network built up over the years who can help him grow a B2B services company, but being in a smaller city means he’s got limited options and the best businesses are taken right away? What are his options? Should he do his own search? Start something? How could he grow his search to other cities in a manageable way? What about a manufacturing business that is actually a carveout? Are there things to be careful of in that situation? Watch now on YouTube: https://youtu.be/4xsqf-ehvvk *- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.comSam's Searchfunder Post: https://searchfunder.com/post/the-holdco-ambition-is-showing-up-earlier-and-earlierVideos mentioned:BizOwner Advantages in Buying Small Businesses - Grow via acquisition https://youtu.be/EnXLDD2BQg0HC2020#6 Dean Asks About Rollups and Conglomerates and How to Make a Plan https://youtu.be/B2CvQ91_fbIProven Investment Strategies for Entrepreneurs https://youtu.be/GlqCelWVNb0 New Video Alert!Thinking about building a HoldCo, executing a business roll-up, or buying multiple businesses? Buying your first company is one thing. Turning it into a platform for multiple acquisitions is something completely different.In this video, I break down what business owners and acquisition entrepreneurs should understand before buying business #2. We cover management capacity, debt, integration, business systems, roll-ups vs. conglomerates, operational synergies, personal financial risk, and why one successful year doesn't automatically mean you've built an acquisition platform.You'll also learn why every acquisition should make sense on its own, why spreadsheet synergies can be dangerous, and how buying more businesses can actually increase your personal financial risk.**Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----#HoldCo #BuyABusiness #BusinessAcquisition #RollUp #BusinessBuyer #Entrepreneurship #ETA #SmallBusiness Youtube music licensing code: 5PJWQOE5ZZHTQSRY
What can Paul do today to make his business more valuable when he retires? Hard to tell, it’s 25 years away. Is it true that you can start planning retirement too early? Retirement planning should start early, but that’s not the same thing as planning a business sale. Tune in as I talk to Paul about his biggest concerts while operating his very seasonal small business. Watch now on YouTube: https://youtu.be/N1ZsS_pZQ6A *- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.comBuying a business isn't easy but for a prepared buyer, this could be one of the most interesting times in decades to become a business owner.In this video, I break down 10 reasons to consider buying an existing business, from acquiring proven cash flow and customers to taking advantage of new technology, retiring business owners, fragmented industries, financing options, and businesses with untapped growth potential.You don't need to find hundreds of great businesses. You only need to find one good business at the right price with the right deal structure.****Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----Youtube music licensing code: 5PJWQOE5ZZHTQSRY
2025HC#05 Boom-Whiiiiiiinnnnnneee. What’s that noise? Those are actual bombs and air raid sirens. Welcome to Kyiv where everyone is trying to live as normal a life as possible while the country is at war. But maybe there is a whiff of opportunity here too? Today, I speak with Alex who has found an online business for sale and wants to know what I think of making an investment in a country that has some uncertainty in its future. Watch now on YouTube: https://youtu.be/ERStfHmPyrk *- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
business acquisition programs has affected sellers and intermediaries, and why many legitimate buyers are concerned about sharing sensitive financial information.I also share a practical strategy for demonstrating financial capability without revealing your entire financial picture. Whether you're buying your first business or working with brokers regularly, understanding how proof of funds works can help you build credibility, protect your privacy, and move through the acquisition process more effectively.Cheers****Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----Youtube music licensing code: 5PJWQOE5ZZHTQSRY
I'm coming to California in September, here's what I'll be doing. Learn more at https://www.BusinessBuyerBoardroom.com
Ibrahim investigates a long established labelling and packaging business. The catch? It’s in the USA and almost everything it handles comes from away. Stamp your passport for a first-class trip to Tariff City where we will explore just how uncertain this business can be when we have no track record of pricing or demand with these new costs slapped onto the value chain.*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.comThe best business owners don't wait until year-end financial statements to discover something is wrong; they spot problems while there's still time to fix them.In this video, I explain the five key performance indicator (KPI) categories every business should monitor to create an effective early warning system. We cover sales pipeline metrics, customer behavior, gross margins, operational efficiency, and cash flow, along with a simple green, yellow, and red dashboard that helps you identify problems before they become expensive.Whether you're running a small business, preparing to sell your company, or planning to buy one, understanding these leading indicators can help you make faster, more informed decisions. A well-designed dashboard doesn't just improve day-to-day management—it can also increase the value and marketability of your business by demonstrating strong operational control.****Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----#BusinessKPIs #BusinessOwner #BusinessGrowth #SmallBusiness #BusinessManagement #CashFlow #Entrepreneur #Leadership #BusinessStrategyYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Dom deals in art. Can he sell his one-man business? Oh, right, then there’s the ginormous inventory he’s accumulated over his career. Will the buyer write a cheque for that? Today, we explore a realistic exit strategy for a person who has made lots of money and can likely help just the right person succeed, but can the deal make sense at any price? Tune in and find out.*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
- Join David's email list, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.comNew Video Alert!Why do intelligent people sometimes make terrible business acquisitions?It's rarely because they can't understand the numbers. More often, it's because excitement, urgency, and social pressure cloud their judgment.In this week's video, I explain how the famous Solomon Asch conformity experiment applies directly to buying a business. We discuss why buyers ignore red flags, how broker and market pressure influence decision-making, and what you can do to stay objective throughout the acquisition process.If you're planning to buy a business, learning how to think independently could save you from making one of the most expensive mistakes of your career.Cheers**Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----#BuyABusiness #BusinessAcquisition #BusinessBuyer #DueDiligence #Entrepreneurship #SmallBusiness #BusinessStrategy #Psychology #ETAYoutube music licensing code: 5PJWQOE5ZZHTQSRY
He thought he’d make big profits on a Toronto area condo only to be in a bad situation. The condo value is down, he’s got negative cash flow, will buying a business save his skin? We explore Chris’ true options for business acquisition and then lay out a plan that actually makes sense for him at his stage in his investor/entrepreneur career.*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
rcm=ACoAAAOVpf4BZ-xaB5MqWUGsddWFIh8HwKM8lXU There are far more people looking to buy a business than there are good businesses available.That means finding a great opportunity is only part of the challenge. The real difference is being prepared when the right business comes along.In this video, I explain why business buyers outnumber sellers, why so many businesses never actually sell, and what successful buyers do differently. We cover competition, business valuation, due diligence, financing, and how to stand out with brokers without overpaying for a business.If you're serious about buying a business, this video will help you understand why preparation—not excitement—is your biggest competitive advantage.****Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com-----#BuyABusiness #BusinessAcquisition #BusinessBuyer #ETA #Entrepreneurship #DueDiligence #BusinessBroker #SmallBusiness #Investing Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Ryan is excited about the idea of buying a staffing agency. We explore his business background, experience and what he needs to learn about this business when he gets a chance to meet the seller.*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com#BuyABusiness #BusinessAcquisition #DueDiligence #Entrepreneurship #SmallBusiness Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com#RecurringRevenue #BuyABusiness #BusinessAcquisition #ETA #BusinessValuation #DueDiligence #SmallBusiness #Entrepreneurship #BusinessBuyer #InvestingYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Myth05:20 The Gas Station Example09:45 Why Managers Need Supervision14:00 The Difference Between Owners and Employees18:20 How Owners Actually Step Back23:15 Building Systems and KPIs27:40 The Transmission Shop Trap33:00 The McDonald's Franchise Example38:20 The Bench Depth Problem43:15 Why Succession Planning Fails48:00 The Reality of Business Ownership53:10 Why This Myth Persists****Do Business with David using these incredible internet links...- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com#BusinessAcquisition #BusinessValuation #CapEx #Depreciation #BuyABusiness #SmallBusiness #Entrepreneurship #Investing #ETA #DavidCBarnett Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Can government contracts help you grow your business and increase its value?I’m happy to have Melinda join me on a live broadcast.Melinda helps business owners use government contracting as a strategic growth tool. Rather than chasing random opportunities, she helps companies identify the right contracts, build sustainable sales pipelines, and create long-term value.Tune in as we discuss how government procurement really works, the biggest mistakes business owners make when pursuing contracts, and why winning one contract should never be the goal.We’ll also explore how business buyers and owners can use government contracting to diversify revenue, reduce risk, and build a stronger, more valuable company.This is a ‘must see event’ for anyone interested in business growth, acquisitions, sales strategy, or government contracting.Find Melinda on Linkedin here: https://www.linkedin.com/in/melinda-colon/https://melindacolon.com/
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*See why I chose Xero for my business here: https://youtu.be/LfaGUfwStqoFind more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
**New Video Alert!In this video, I break down a TRUE story of two buyers who almost made a decision that would have trapped them in years of debt — all because they didn’t understand valuation, cash flow, and how deals actually work.If you're serious about business ownership, this could save you from a costly mistake.Watch the video here: https://youtu.be/DoosmTaVlXE CheersSee you over on YouTubeDavid C Barnett
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com Youtube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
There's a common belief that selling a business is the ultimate jackpot—a one-time windfall that guarantees wealth and success. But is that the reality?In this episode I sit down with David C. Barnett, three-time best-selling author, entrepreneur, and former business broker, to unpack the realities behind buying and selling small and mid-sized businesses.David's journey began in advertising sales before he launched multiple ventures, including a commercial debt brokerage. That path eventually led him into business brokerage and private transaction consulting, where he has spent more than a decade advising entrepreneurs around the world.Drawing from his experience as the author of How to Sell My Own Business and seven other books, David challenges the common myths around exits. This conversation is practical, direct, and grounded in real-world deal experience. Whether you are planning an exit, considering an acquisition, or advising business owners, David offers insights that may reshape how you think about preserving and transferring business value.
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
What if the real reason your deals stall isn’t the market—but the way you structure your pipeline? Are you collecting unsellable inventory, hoping for a windfall, or crafting steady cash flow by choosing the right clients and building genuine relationships?In this episode, Jason Cutter and guest David Barnett challenge business brokers to rethink their approach to listings, pipeline, and dealmaking. Instead of chasing every lead or “whale hunting” for outsize commissions, Barnett urges brokers to adopt a professional services mindset—vetting their inventory, aligning seller expectations, and becoming true advisors rather than mere intermediaries.Featuring real-world stories and hard-earned lessons, this episode tackles everything from the dangers of bad listings and misaligned seller expectations to the modern plague of “zero down” business buying gurus. Learn the power of strategic specialization, building trust, and even old-school outreach as David shares actionable tips for brokers ready to transition from transactional to trusted. If you’re frustrated by the feast-or-famine cycle and want to engineer pipeline growth, this is a must-listen.
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
Conditions apply.*Find more content that answers your questions with my new AI BOT: https://www.davidcbarnettbot.com/ Enjoy HUGE savings when signing up for Xero cloud-based accounting software using David's sponsorship link: https://referrals.xero.com/DavidCBarnett_xero Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidCBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com
Conditions apply.* See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.com
***New Video Alert!Ever wondered how to compete with private equity groups and bigger buyers when you don’t have the highest offer? In this episode, I reveal how to make your offer stand out by building trust, credibility, and certainty for the seller — without overpaying.If you’re serious about buying a business the right way, this one’s for you.Watch the video here: https://youtu.be/XEz79uFFVWc CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!A business broker shares a real story where a seller’s lawyer destroyed a deal at the last minute. Everything looked aligned- buyer ready, due diligence done until legal strategy and poor structure caused chaos.In this video, I explain what really went wrong, how this could have been prevented, and what brokers, buyers, and sellers must do differently to avoid losing great deals at the finish line.Watch the video here: https://youtu.be/7togJsoXZyg CheersSee you over on YouTubeDavid C Barnett#BusinessSale #BusinessBroker #MergersAndAcquisitions #SmallBusinessExit #LOI #DealStructuring #Entrepreneurship
Conditions apply.*See the video of my Xero story here: https://youtu.be/LfaGUfwStqo Sign up for David's email list at https://www.DavidCBarnettList.comYoutube music licensing code: 5PJWQOE5ZZHTQSRY
***New Video Alert!I take you behind the curtain of how I stayed on top of the numbers in my business and why my old system finally hit a breaking point.If you’re dealing with manual reconciliations, multi-currency headaches, or duplicated invoicing work, you’ll relate to this.I’ll show you what wasn’t working, what I wanted instead, and why I’m confident the move to a cloud system was the right call.Watch the full video here: https://youtu.be/LfaGUfwStqo CheersSee you over on YouTubeDavid C Barnett#SmallBusiness #Entrepreneurship #BusinessBuying #BusinessBroker #BusinessBuyerAdvantage #DavidCBarnett
Online Entrepreneurs- Get your cash faster!New Livestream guest- Ariel BlumI’m happy to have Ariel join me on a live broadcast.He’s got tons of experience in the payment processing industry. Tune in to learn how this industry works and how Ariel’s company is disrupting things.Here’s the AI summary of our pre-call…---Ariel Blum discussed his company's innovative service with David Barnett, which provides small businesses with immediate liquidity by accelerating their cash flow. The service, which operates off interchange fees and SAS fees for platform partners, allows businesses to access up to 70% of their sales proceeds instantly, without incurring interest or fees. Ariel highlighted success stories from e-commerce and brick-and-mortar businesses, emphasizing the service's role in procurement and ad spend. Despite minor fraud issues, the company is well-capitalized and aims to capture market share from traditional financing methods like factoring and merchant cash advances. Ariel also shared his personal experiences living in Israel during turbulent times.---This is a ‘must see event’ for people who sell online.I’m having him on as part of my personal quest to help people avoid getting into trouble with merchant cash advance purveyors.Find Ariel on LinkedIn here: https://www.linkedin.com/in/arielblum/Never miss another livestream. Join my email list at https://www.DavidCBarnettList.com
equipment costs14:55 Second post: employee offered to buy boss’s remodeling business20:10 When it’s not really a business—just a job24:30 How to structure a fair transition with your boss28:50 Third post: IT consultant trying to sell a one-person firm34:05 The problem with “businesses” that are really solo practices38:20 Final thoughts – When small businesses are worth it (and when they’re not)*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
How to Prepare for 2026*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
It’s that time of year again!I’m back on the airwaves for my 6th Annual Christmas Eve Special!This year, Santa’s squad is loading up with fun, festive small-business surprises—and they’re ready to say hello! With my Special Guests! Mike Finger- Exit readiness coach and master of the ExitOasis.com blog site. https://exitoasis.com/ Rocky Lalvani- Fractional CFO to growing businesses everywhere and host of the Profit Answer Man podcast. https://profitcomesfirst.com/podcasts/ Loren Feldman- Renowned small business journalist and host of the 21 Hats Podcast. https://21hats.com/podcasts/ Marc Mawhinney- Tarzan of the Coaching Jungle Facebook group and host of the Natural Born Coaches podcast. https://www.naturalborncoaches.com/Join my email list at https://www.DavidCBarnettList.comBusiness Buyer Advantage: https://www.BusinessBuyerAdvantage.comExit Ready https://www.HowToSellMyOwnBusiness.comAustin, TX Jan 16- https://www.BusinessBuyerBoardroom.com Cheers
Employees11:00 – Why Roll-Ups Often Fail13:30 – The Role of Leverage and Rising Interest Rates15:00 – What Went Wrong at Renovo17:00 – Why Being Outbid Isn’t Losing18:30 – The Danger of No Personal Guarantees20:30 – The “Brittle Machine” Problem22:00 – My 7 Questions to Spot Risky Overbids29:30 – How Smart Buyers Avoid These Traps31:00 – When You Lose a Deal, You Might Be Winning33:00 – Learn to Buy a Business the Right Way*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Finding your Unique Genius for acquisition or career changeNew Interview guest- Casey BermanI’m happy to have Casey join me for a one-on-one interview!He has turned his back on the law and made a business out of helping others find their passion and unique genius to find a better calling.Tune in and as we’ll be discussing the concept of Unique Genius as it applies to small business deals and operations.This is a ‘must see event’ for anyone who is making a change in life or wants to be in business for themselves.Set yourself a reminder on YouTube here: https://youtu.be/dPPGjaeV47U It will be going live Monday December 15, 2025 at 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C BarnettFind Casey on Linkedin: https://www.linkedin.com/in/caseybermansf/https://go.leavelawbehind.com/homehttps://bermancap.com/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
BusinessValuation #BusinessExit #SmallBusiness #Entrepreneurship #BusinessBuying #SellMyBusiness #DavidCBarnett #BusinessOwner #ExitPlanning #BusinessWorthSee our video on MPSP valuations and learn more about our services to help sell your business at https://www.HowToSellMyOwnBusiness.com Find the Defenders of Business Value here: https://www.defendersofbusinessvalue.com/ep-133-the-story-that-sells-your-business-with-charlie-stanton/ Today, I want to tackle one of the biggest questions every business owner faces: How do you put a price on a business?Whether you’re thinking about selling in a few years or just want to plan for the future, understanding how valuations work — and which type you actually need — can make a huge difference.Learn more about business pricing, exit prep, and MPSP reports: HowToSellMyOwnBusiness.com Watch the full video here: https://youtu.be/6AFQjkl-Mvs #BusinessValuation #SmallBusiness #SellMyBusiness #Entrepreneurship #BusinessExit #BusinessValue #BusinessBuyerAdvantage #DavidCBarnettYouTube Chapters00:00 – Intro00:40 – Why Business Valuation Matters for Owners02:00 – The Podcast That Sparked This Conversation03:30 – Different Lenses = Different Prices05:00 – Buyer Insight vs. Seller Expectations07:30 – The “Most Probable Selling Price” (MPSP) Explained09:00 – Why You Can’t Just Average Comparable Sales11:15 – Understanding Valuation Databases and Multiples13:00 – Common Misconceptions About Valuation Formulas15:00 – How Certified Appraisers, CPAs, and Brokers Differ17:45 – Real Examples: $1.6M vs. $571K Valuations21:00 – How Bad Assumptions Skew Business Value23:00 – The Dangers of Discounted Cash Flow for Small Firms25:30 – Why Buyers Don’t Pay for Your “Future Potential”27:45 – When and Why to Get an MPSP Report30:00 – How a Small Margin Change Can Boost Business Value32:00 – The Real Reward of Business Ownership34:00 – Tax Tip: Deduct Your Valuation This Year35:00 – Wrap-Up and Next Steps- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Find Lynn online at https://www.writeforyou.me/or on linkedin at https://www.linkedin.com/in/lynnsmargis/*Everyone needs a book for their businessNew Interview guest- Linda SmargisI’m happy to have Linda join me for a one-on-one interview!Linda has been a ghostwriter for years helping people and businesses everywhere gain credibility by becoming an author.Tune in and as we’ll be discussing what kinds of businesses can benefit from the marketing heft that can come from being an author.This is a ‘must see event’ for business owners who are looking for an edge over the competition.I even once spoke to someone who used a book in their search efforts!Set yourself a reminder on YouTube here: https://youtu.be/f984MII_emU Premiere will be going live Monday December 08, 2025 See you there!David C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Smart Operators21:30 – What Failing Restaurants Miss About Margins23:00 – How to Use Apps Strategically, Not Destructively24:30 – Action Plan: What Restaurant Owners Should Do26:00 – Why “More Sales” Doesn’t Mean “More Profit”27:30 – Learn More: BizPlanSchool.com*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Find Noemi on Linkedin here: https://www.linkedin.com/in/noemiceapa/https://theconsultingstudio.vip/ Business or personal brand?New Interview guest- Noemi Ceapa, brand specialistI’m happy to have Noemi join me for a one-on-one interview!She’s a big business expert when it comes to developing and implementing brand messaging and now works with small business owners who are growing from one stage to the next.Tune in and as we’ll be discussing how the brand and messaging may need to change as a business grows from start to growth to maturity.This is a ‘must see event’ for anyone wanting to start, grow or buy a business.It will be going live Monday December 01, 2025 at 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
2025 Black Friday Specials: https://www.investlocalbook.com/p/black-friday-2025.htmlFind Exit Ready anytime at https://www.HowToSellMyOwnBusiness.com*It’s the first snow of the season, and as I look ahead to the holidays, I want to talk about something that might make a great gift for yourself this year — an exit plan for Christmas.Most business owners think “exit planning” just means selling their business. In reality, selling is only one possible outcome.True exit planning is about understanding your personal finances, your business readiness, and your options — long before you decide to sell.Watch the full video here: https://youtu.be/ZVgnxgRw-ls Cheers,David#ExitPlanning #SmallBusiness #BusinessSelling #Entrepreneurship #BusinessExit #RetirementPlanning #BusinessBuyerAdvantage #DavidCBarnett #HowToSellMyOwnBusinessYouTube Chapters00:00 – Intro00:45 – What “Exit Plan for Christmas” Really Means01:30 – The Confusion Between Selling and Exit Planning03:00 – Why Most Owners Avoid Planning (and Pay for It Later)04:45 – Inside the “Exit Ready” Program06:00 – The 7 Stages of Exit Planning Explained08:30 – How to Assess Your Personal and Business Readiness10:20 – The Tools and AI-Powered Resources Included13:00 – The Mistake of Waiting Too Long to Prepare15:20 – Real Examples from Business Owners Who Waited17:00 – How ALP’s Team Can Help You Get Exit Ready18:30 – Why Planning Early Gives You Control and Confidence20:00 – Holiday Offer: Black Friday Bonus and Savings21:30 – Your Exit Plan Is the Best Gift You Can Give Yourself- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Grow by selling to big companiesNew Livestream guest- Andrew HulbertI’m happy to have Andrew join me on a live broadcast.Andrew grew a startup facilities management company into a £50M sales company and then sold it to Private Equity for Kaboodles of coin.Tune in and as we’ll be discussing how he chose his market and how he was able to grow selling to large companies.TIP- it had to do with the terms of sale and his cash conversion cycle.This is a ‘must see event’ for anyone who is thinking of growing a business and hasn’t realized that growth costs money.Find Andrew online at https://www.linkedin.com/in/andrewhulbert/Sign up for my email list at https://www.DavidCBarnettList.com*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Upcoming Projects*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
How to Prepare the Right Way#BusinessBroker #BusinessProfile #SIM #BuyASmallBusiness #SellYourBusiness #BusinessValuation #EntrepreneurTips #BusinessDeals #SMB #DavidCBarnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
How to Find the Right Broker#BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessAdvice #EntrepreneurTips #BusinessBuying #BusinessSelling #BusinessDeals #SmallBusiness #DavidCBarnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Livestream guest- George Swetlitz from Right Response AII’m happy to have George join me on a live broadcast.George understands the world of online advertising and has lead real world business rollups that depended on local advertising.Tune in and as we’ll be discussing online reviews and how it is crucial in getting customers from platforms such as Google Maps.This is a ‘must see event’ for anyone who does business with customers.Be sure to join live so that you can ask questions, replay will be available.Find George online at http://rightresponseai.com/podcasts/barnettHoliday Chat 2025 slots are now open https://calendly.com/dbarnett/2025-holiday-chatsecretcodeJanuary 2026- I'm coming to Vancouver, BC and Austin, TX. Join me for a Business Buyer Boardroom mastermind session. https://www.BusinessBuyerBoardroom.com*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Thinking about selling your small business now or maybe a few years down the road?In this week’s video, I’m breaking down the top five mistakes that quietly destroy business sales before they ever reach the finish line.We’ll talk about why sloppy books kill credibility with buyers and banks, how a “you-dependent” business scares off deals, and why waiting too long to prepare might mean missing your best shot at selling.Whether you’re planning to sell soon or someday, this one will help you see your business through a buyer’s eyes and avoid the traps that make good companies unsellable.Watch here: https://youtu.be/V-63WwII-TI Talk soon,David C. Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Exit Planning 58:00 Why Passion Can Mislead Golf Investors 01:02:00 Advice for Owners Near Retirement 01:06:00 How to Find Out What Your Golf Course Is Worth --*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Everyone loves a bit of good cheer, but what exactly is Goodwill?This week, some basic terminology and how it’s often misused when people are talking about buying and selling businesses.Check it out in this week’s new video: https://youtu.be/p_F_OJt-iLY CheersSee you over on YouTubeDavid C Barnett#smallbusiness #mergersandacquisitions #M&A --In this episode, I will breaks down what goodwill actually is — from its accounting definition to its real-world meaning in business valuation. You’ll learn how goodwill impacts deal structure, financial statements, and sale prices, plus how to figure out where the goodwill actually resides in a company.--CHAPTERS00:00 Intro 01:30 Definition of Goodwill | Accounting vs. Colloquial 04:20 Why Goodwill Exists in Business Valuation 06:30 When a Business Has No Real Goodwill 09:00 Asset Value vs. Business Value Explained 12:15 Example | Goodwill on a Balance Sheet 15:30 How Goodwill Appears in Financial Statements 18:00 When Sellers Overvalue “Goodwill” 21:00 Understanding the Locus of Goodwill 23:30 Goodwill in the Owner 25:45 Goodwill in the Brand or Business 28:30 Goodwill in the Location 31:00 Risks of Non-Transferable Goodwill for Buyers 33:45 Tools to Analyze Goodwill (Locus Calculator) 36:00 Recap | When Goodwill Really Has Value 38:00 How ALP Helps Buyers Analyze Deals 40:00 Final Thoughts & BusinessBuyerAdvantage.com --#GoodwillInBusiness #BusinessValuation #BuyingABusiness #SellingABusiness #SmallBusiness #Entrepreneurship #BusinessAcquisition #BusinessBuyerAdvantage #BusinessFinance #BusinessDeals #BusinessStrategy #DavidCBarnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
What does spiritual intelligence have to do with running a business? More than you might think.In this Livestream David C. Barnett talks with Dr. Yossi Amram, author, researcher, and leadership expert, about how spiritual intelligence can transform the way you lead, inspire teams, and find deeper purpose in your business.Together, they explore how values like truth, meaning, grace, wisdom, and transcendence can help entrepreneurs stay grounded, build better relationships, and improve bottom-line results — without losing their sense of self.📌 What You’ll Learn:What “spiritual intelligence” really means (beyond religion)How it affects leadership, morale, and business outcomesThe 5 key domains of spiritual intelligenceHow purpose and gratitude can transform your company culturePractical steps to align your business with your personal mission🎧 Guest: Dr. Yossi Amram https://awakeningsi.org/https://www.linkedin.com/in/yosiamram/🎙️ Host: David C. Barnett — DavidCBarnett.com👉 Learn how to buy or grow a business: BusinessBuyerAdvantage.com👉 Selling your business? Start here: HowToSellMyOwnBusiness.com--CHAPTERS:00:00 Livestream Intro | Spiritual Intelligence in Small Business 02:00 Meet Dr. Yossi Amram 04:20 From Tech CEO to Spiritual Researcher 08:40 What Is Spiritual Intelligence? 12:10 Emotional vs. Spiritual Intelligence 15:00 The Five Domains of Spiritual Intelligence 17:00 1. Meaning & Purpose in Business 21:00 2. Grace | Trust, Joy & Gratitude 24:30 3. Truth | Alignment & Integrity at Work 29:00 4. Consciousness & Wisdom in Leadership 33:30 5. Transcendence | Building Connection & Team Spirit 38:00 Applying Spiritual Intelligence in Small Business 43:30 Case Study | Kevin’s Story 48:00 Gratitude & Alignment in Daily Leadership 52:00 Using Intuition in Business Decisions 57:00 Future Research on Relationships & SI 01:02:00 How Small Business Owners Can Start Practicing SI 01:06:00 Closing Thoughts & Resources #SpiritualIntelligence #SmallBusiness #Entrepreneurship #LeadershipDevelopment #BusinessGrowth #BusinessStrategy #MindfulLeadership #EmotionalIntelligence #BusinessSuccess #DavidCBarnett #EntrepreneurMindset*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
BuyingABusiness #ProprietarySearch #Entrepreneurship #SmallBusiness #BusinessAcquisitionNew Video Alert!Forbes magazine shares a secret that increases your odds of getting an interview by 115%.AND- it applies directly to those looking to buy a business as well.Check it out in this week’s new video: https://youtu.be/5Nt8QvY1hX4 CheersSee you over on YouTubeDavid C Barnett#smallbusiness #mergersandacquisitions #M&A Get a job in a business you want to buy: https://youtu.be/oTObbWYtkl0 CHAPTERS00:00 Introduction01:20 Why Buying a Business is Like Job Hunting 03:30 The Forbes Article | Tailored Resumes & ATS Filters 06:10 Parallels Between Job Search & Proprietary Business Search 08:00 First Impressions & The Buyer Resume 11:00 Gatekeepers, Brokers & Getting Ghosted 13:00 Clarity and Focus in Your Business Search 16:30 Why “Spray and Pray” Doesn’t Work 20:00 Standing Out in a Crowded Buyer’s Market 22:30 Defining Your Ideal Business Profile 25:00 Building Credibility with Sellers & Lenders 28:30 Avoiding Common Pitfalls in Outreach 31:00 Case Study | Hiring My Own Analyst 34:00 Tailored Outreach vs. Mass Emails 37:00 Lessons from John Bly & CPA Firm Acquisitions 40:00 Practical Steps for Proprietary Search Success 44:00 Building Sales & Business Experience Before Buying 47:00 How to Customize Your Buyer Pitch to Sellers 50:00 Why You Must Impress Business Owners First 53:00 Wrapping Up | Job Search Lessons for Business Buyers 56:00 Resources for Buyers & Sellers | BusinessBuyerAdvantage.com #BuyingABusiness #Entrepreneurship #BusinessAcquisition #SmallBusiness #ProprietarySearch #BusinessBuyerAdvantage #EntrepreneurshipTips #DealMaking #BusinessGrowth #ExitStrategy #businessstrategy - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com****Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
From Barista to Wealth Planners for Small Business OwnersNew Interview guest- Brandon & Amanda Neely CFP.I’m happy to have The Neeley’s join me for a one-on-one interview!They’ve got experience running a small business just like yours or the one you might run one day.Tune in and as we’ll be discussing the story of tragedy in their business, how they recovered and what they learned from my latest book.This is a ‘must see event’ for anyone who owns or will own a business one day.Set yourself a reminder on YouTube here: https://youtu.be/1H4uPZ9r1s0 It will be going live Monday September 29, 2025 at 1 PM Atlantic Time 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!12 Million Baby-Boomer owned businesses up for sale in 2025!!!Must be a great opportunity, right?Hold your horses cowboy.There are a few things you need to know about first.Check it out in this week’s new video: https://youtu.be/yK-2Rgpbpmw CheersSee you over on YouTubeDavid C Barnett0:00 Introduction – Why gold & silver matter for small business1:20 The hidden impact of inflation on business owners3:10 Why gold and silver protect purchasing power5:45 How precious metals diversify your wealth7:30 Risks of ignoring gold & silver in financial planning9:15 Practical advice for entrepreneurs using gold & silver11:00 Final thoughts – Building wealth protection strategies#Gold #Silver #Inflation #WealthProtection #SmallBusiness #Investing #PreciousMetals #FinancialFreedom #MoneyTips #Entrepreneurship*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Nosebleed commodity pricesNew Livestream guest- David MorganI’m happy to have David join me on a live broadcast.I was going to have David on to discuss how he evaluates the worthiness of mining stocks.It’s all about proven reserves and extraction costs.But hey, Gold is hitting all-time highs and silver is on a tear so we’d better just talk about that too, right?This is a ‘must see event’ for anyone who might do some investing some day.Find David on LinkedIn at https://www.linkedin.com/in/thedavidmorgan/Find his website at https://www.themorganreport.com/dcb*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Customer Concentration RiskNew Video Alert!I’ve been making YouTube videos for 11 years and this is the first one about customer concentration??Today, we fix that and look at this from all points of view.SellersBuyersBankersCheck it out in this week’s new video: https://youtu.be/1t-MdRHTijQ CheersSee you over on YouTubeDavid C Barnett#smallbusiness #mergersandacquisitions #M&A #CustomerConcentration #BusinessAcquisition #BusinessValuation #ExitStrategy #DealStructuring #SmallBusinessRisks #EntrepreneurshipTips #BusinessBuyerAdvantage #SmallBusiness #Entrepreneurship #BusinessGrowth#BusinessStrategy #FinancialFreedom #BusinessPodcast #BusinessCoaching #StartupTips 0:00 Intro01:15 What Is Customer Concentration Risk? 03:40 Why Customer Concentration Matters in Small Business 06:10 Buyer’s Perspective | Risks of Losing a Major Customer 09:05 Seller’s Perspective | Why Many Owners Overlook the Risk 12:30 Lender’s Perspective | SBA Rules & Financing Challenges 15:20 Real-World Examples of Customer Concentration Problems 19:45 Deal Structures Buyers Use to Manage Concentration Risk 23:50 Strategies for Sellers | Reducing Concentration Before Exit 27:15 Industry Concentration vs. Customer Concentration 30:40 Switching Costs & Customer Stickiness Explained 34:20 What If a Business Has Only One Customer? 37:50 How Customer Concentration Affects Business Valuation 41:30 Risk Mitigation | Earnouts, Seller Financing & Holdbacks 45:00 Long-Term Solutions for Buyers and Sellers 48:10 Final Thoughts | Why Diversification Protects Business Value 49:30 Resources for Buyers & Sellers | BusinessBuyerAdvantage.com *- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Live Trademarks, Patents and Franchise InvestingNew Livestream guest- Jeff HolmanI’m happy to have Jeff Holaman join me on a live broadcast.Jeff has 20+ years of experience solving complex business and legal problems for entrepreneurs and companies in growth phases.Tune in and we'll be discussing having your very own attorney on staff!Well, part of one anyways.We’ll also be talking about patents, trademarks and the effects of tariffs on e-commerce businesses.This is a ‘must see event’ for Franchise Investors & Operators, Entrepreneurs.Find Jeff on LinkedIn: https://www.linkedin.com/in/holman/Jeff's website: https://www.linkedin.com/in/holman/You may also enjoy this video I did about IP and Brand value in small business: https://youtu.be/0CcQV2yiycI
***New Video Alert!If you buy something and pay for it over 10 years and need to replace it after 2, that would be bad, right?Here’s how a lot of buyers and sellers get into pricing problems.Check it out in this week’s new video: https://youtu.be/qcr-MR0TT58 CheersSee you over on YouTubeDavid C Barnett#smallbusiness #mergersandacquisitions #M&A
Soothe growing pains with a fractional COONew Livestream guest- Ashish GuptaI’m happy to have Ashish join me on a live broadcast.He’s got operational experience in making things go smoothly across a great array of business sizes and types.Tune in and as we’ll be discussing how a growing business can take advantage of a fractional Chief Operating Officer while controlling costs vs. having a full time expert on staff.This is a ‘must see event’ for anyone growing quickly in their business or who knows they suffer from bottlenecks and clients who regularly ‘slip through the cracks’ of how you would like them to be served.Be sure to join live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtube.com/live/I9HhK21cdr0 We’ll be going live September 08, 2025 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Confused by some of the terms you come across?This week, I run down a list of the top 10 SMB deal making terms you need to understand to avoid bad deals.Even if you believe you’re experienced, you may learn a thing or two in this week’s video: https://youtu.be/xVU_HofGDys CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #sellabusiness #M&A #terms #definition
Bouncing back from adversity and dealing with haters.New Livestream guest- Marc MawhinneyI’m happy to have Marc join me on a live broadcast.Marc has been up and down in the world of business.He’s started, built and crashed more than one business until eventually finding success.Tune in and as we’ll be discussing bouncing back from adversity and dealing with haters.This is a ‘must see event’ for anyone who is thinking of getting into business and is paralyzed by ‘worst case’ scenarios running in their head.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday August 25, 2025 at 1:00 PM Atlantic Time and 12 Noon Eastern Time.See you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
How to turn your business into a resilient fortress to protect you and your family from your mortal enemies.New Livestream guest- Mark WillisI’m happy to have my friend and show sponsor Mark Willis join me on a live broadcast.As you know, Mark is a certified in financial planning and works with business owners all around the US.Tune in and as we’ll be discussing how to make any small business stronger and more resilient and how being a business owner makes financial planning different than the advice given out to employees.Mark and I just finished writing a book together and we’ll be discussing the covered topics in this broadcast.This is a ‘must see event’ for anyone who owns a business or will one day.Learn what you’ll find inside our new book, The Business Fortress. Available now on Amazon.Find the new book at https://www.DCBBookList.comFind other conversations I've had with Mark at https://www.NewBankingSolution.com**- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com**Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Buy a Business with no money archive: https://www.investlocalbook.com/p/buy-business-with-no-money.htmlInterview with Carlos https://youtu.be/qw08jJsr46sClinton Lee gets sued by Zero-Down guru https://youtu.be/6Vc3ghgvOAICodie Sanchez Laundromat deal breakdown https://youtu.be/ww4XRyMgHrY --New Video Alert!Want more money?Respect?Power?Status?And you also don’t want to do any work to achieve these things?I’ve got a deal for you: https://youtu.be/XrhH0iizUPo CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Who Should Buy a Business? David Barnett on Picking the Right Deal and Becoming an Operator by David C Barnett
New Video Alert!Can you retire from your business?What will that look like?When will it happen?How can you make sure it really will?This and more in my latest video all about small business exit planning. https://youtu.be/b2DTzqQixD8 CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Your lawyer, accountant and other professionals work for you to get the best deal and protect your interests.Right?But, are you sure?The very dangerous world of conflicted interests in this week’s video: https://youtu.be/MwJWD52Byjw CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Today, how business buyers are NOT consumers.Don’t be naïve and expect government rules to apply to you.Here’s how you protect yourself and how some have been had.I’ll tell you what I really think in this week’s video: https://youtu.be/MosMaS9eBTQ CheersSee you over on YouTubeDavid C Barnett
Avoid Investment FraudNew Livestream guest- Timothy L. SmithI’m happy to have Tim join me on a live broadcast.Tim has decades of experience helping people with their investments.Tune in as we’ll be discussing fraud, bad investments and really dumb investment choices.This is a ‘must see event’ for anyone who doesn’t want to get ripped off or robbed.Be sure to join live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtube.com/live/lgalgxSAJi0 We’ll be going live Monday July 21, 2025 at 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Today, I address simplistic advice from an article likely written by an AI.Should you run from these common deal problems?-Lack of documentation-Excessive add-backs-Uncooperative sellersI’ll tell you what I really think in this week’s video: https://youtu.be/E5AqdO2C3Ew CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Financial Fundamentals Are not on your Financial Statements!New Livestream guest- Ed Patton from Patton systems in Texas.I’m happy to have Ed join me on a live broadcast.Ed has had a long career in management and knows that business owners don’t like to read financials. He has a different set of tools.Tune in and as we’ll be discussing financial fundamentals.It’s a way of breaking down a business’ financial position into a series of ‘scores.’This is a ‘must see event’ for people who want to learn how to better run a business.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday July 14, 2025 at 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, www.DavidCBarnett.com- Book a call with David and let him help you with your project, www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way www.BusinessBuyerAdvantage.com- Get help selling your business, www.HowToSellMyOwnBusiness.com- Get better organized in your business, www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at www.EndMyMCA.com
New Video Alert!Today, I discuss the four levels of assurance that lenders rely upon and the six stages of small business failure and how this keeps your banker up at night.Watch this week’s video here: https://youtu.be/9Xl43oe58JA CheersSee you over on YouTubeDavid C BarnettDownload Eroding Assurances in our https://www.BusinessAndAssetValues.com education centre.https://www.businessandassetvalues.com/faq#EducationCentre #businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #businessloan #loandefault #missedpayment #smallbusinessloans - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Should you quit your job and search for a business full time?This week, I made a video about the pros and cons of searching full vs. part time and what lessons we can learn from people who already own a business who search to grow via acquisition.Part time search can work better, if you have a real plan.Watch this week’s video here: https://youtu.be/pl92EhRWR-M CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!You’re buying a business?Spend some time investigating these three things.If there’s something being hidden from you, these will likely reveal clues to help you track down real problems.Watch this week’s video here: https://youtu.be/Kga6ighe8oE CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #keymetrics #investigation #duediligence- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
FineBorrowing if your business is unbankable.New Livestream guest- Marshall LebovitzI’m happy to have Marshall join me on a live broadcast.He’s got a decade of experience getting loans for businesses that are not welcome by banks!Tune in and as we’ll be discussing financing fixed assets and operating capital.This is not acquisition financing typically, but borrowing for cash-starved companies that can’t qualify with banks.This is a ‘must see event’ for anyone in small business who might be feeling a credit squeeze or who can’t get a call returned by a lender.Find Marshall on Linkedin here: https://www.linkedin.com/in/marshalllebovits/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!I met with a fantastic group of young professional women who were interested in building wealth.Their big question- Can you invest in small businesses and produce a passive income like real estate or a stock portfolio?Big question!I dig into it this week and let you know what I think and also what considerations you would need to make if you ever thought you wanted to try this.Watch this week’s video here: https://youtu.be/kQCfKa-GKA4 CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #passiveinvestment #passiveincome #boringbusinessBuy and run a small business as a side-hustle? https://youtu.be/ubAC-SwuJNsInvesting in a small business while keeping your job: https://youtu.be/jmRz4sqFAk4- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Business Systems Pro Shares her 8-step framework.New Livestream guest- Avi KlevitI’m happy to have Avi join me on a live broadcast.She has spent the last 15 years as the leader of the Business Success Consulting Group.Tune in and as we’ll be discussing building systems and freedom in your small business.This is a ‘must see event’ for anyone who owns a business or will one day.Find Adi on LinkedIn here: https://www.linkedin.com/in/adiklevit/Her website: https://bizsuccesscg.com/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!The deal looks good.Then, the buyer realizes they need some operating capital.The seller doesn’t understand why this should affect the price.The numbers seem to be really high, does it make sense?Today, I show you the how and why so many small business deals go sideways on the question of working capital adjustments.Watch this week’s video here: https://youtu.be/gFJZwK-3sq0 CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #payables #balancesheet #workingcapital #networkingcapital #operatingcapital #adjustments #closingadjustments- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Do your customers’ politics matter?New Livestream guest- Chris PetersonI’m happy to have Chris join me on a live broadcast.He’s got an impressive background in the world of marketing research.Tune in and as we’ll be discussing his new book… Red and Blue Customers.I thought you weren’t supposed to discuss politics in business? Well, we break all the rules on my show.Chris has some interesting research on what divides and brings people together.It turns out that Liberals and Conservatives buy different products, follow different brands and more.Determining the position of your customers can give insights into what might work and what might not for your business, even if it’s small.This is a ‘must see event’ for anyone trying to grow a business.Chris' online site is https://www.lifemind.aiLinkedIn: https://www.linkedin.com/in/chrispetersonsf/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!You see the payables.You agree to the payables.But wait, there’s more… that you find after closing.Avoid this Balance Sheet Bomb!Watch this week’s video here: https://youtu.be/1izgWVGELOw CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #payables #balancesheet #undisclosedliabilities #materialmisrepresentation #selleroffsetPayables Video: https://youtu.be/cOCB26GOzwk Elliott Holland Interview https://youtube.com/live/_v541KduxDI - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Manage and protect online marketing assetsNew Livestream guest- Paige WieseI’m happy to have Paige join me on a live broadcast.She works with clients on digital marketing and branding projects.Tune in and as we’ll be discussing how small business owners lose control of online digital marketing assets and what can be done about it.This is a ‘must see event’ for small business owners. Especially if you can’t tell TiKToK from Instagram.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday June 02, 2025 at 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C BarnettFind Paige' website here: treeringdigital.com/dbFind Paige on Linkedin here: https://www.linkedin.com/in/paigewiese/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!How do you know if you’re being efficient with your operating capital?Inventory is cash tied up in your business. By calculating ‘turns’ we can understand if you’re doing a good job or not of managing this money.Watch this week’s video here: https://youtu.be/ipPItWeKowc CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #inventory #inventoryturnover #management- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
PREMIERE- Peter Roth- Building Call CentresNew YouTube Premiere interview guest- Peter RothI’m happy to have Peter join me for a conversation.Peter has years of experience in sales and marketing for home service companies and, in particular, setting up and running outbound sales call centers.Peter and I discussed the value of a call center in 2025, what they look like, what the metrics look like and whether this should be something you want to consider.It’s all about controlling a ‘wholesale source of leads to your business’ as Peter puts it.This is a ‘must see event’ for business owners or those who will one day.Set yourself a reminder on YouTube here: https://youtu.be/qxtMumX0uGg Premiere will be live Monday May 26, 2025 at 1pm Atlantic Time and 12 Noon Eastern Time See you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!The new US administration has made changes to the SBA small business loan program.Today, I give a quick rundown of the changes and then tell you what I and others think of them.Watch this week’s video here: https://youtu.be/CaVXLuVNqFk CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #businessfinancing #7(a) #SBAInterview with Heather Endresen https://youtube.com/live/3432U6Q8ZPQ2023 Loan changes Evil? https://youtu.be/wwUyQ-ePXk4?si=sP7LUbZZ9WDnN_Sr- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Keep the best customers you’ve already won!New Premiere guest- Vance Morrison.I’m happy to have Vance stop by for a chat.He’s got years of experience in his own home services business and learned customer service and relationship management from the best- Disney!Tune in and as we’ll be discussing why most small businesses focus on acquisition rather than retention of customers.You only benefit from lifetime customer value if they keep calling back- duh.This is a ‘must see event’ for entrepreneurs who want to keep building and have new customers come back time and time again.Set yourself a reminder on YouTube here: YouTube will be going live Monday May 19, 2025 at 1:00 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C BarnettMentioned in this interview:https://www.linkedin.com/in/vancemorris/https://yes.deliverservicenow.com/dsninstitutehttps://go.deliverservicenow.com/52-wow*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Want to buy a business but find yourself embarrassingly broke?Here’s a 90-day plan to get yourself in shape to be a real business buyer one day.Warning- work is involved.Download the plan here: https://dbarnett.gumroad.com/l/90DayChecklist/2rmx2e7Watch this week’s video here: https://youtu.be/7_JG6klOacA CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #zerodown #nomoney #90dayplan #checklist- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Tsunami of 'No Money' BuyersNew Livestream guest- Markian PergatI’m happy to have Markian Pergat join me on a YouTube PremiereMarkian Pergat is an entrepreneur from the Ottawa, Ontario area.Tune in and as we’ll be discussing Markian experience on how he got into running his own business and entrepreneurship.This is a ‘must see event’ for people who are interested in running their own business too. Be sure to join our YouTube Premiere so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtu.be/NHggS-L9JcU YouTube Premiere will be going live Monday May 05, 2025 at 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett
DadpreneursNew Livestream guest- Chris BunaI’m happy to have Chris join me on a live broadcast.Chris works with small businesses to help systematize them with automation tools.He’s also a Dad.Tune in and as we’ll be discussing Dadpreneurs and why Dads running businesses can benefit from having a peer group for business and parenting discussions.This is a ‘must see event’ for Dads or those aspiring to be one.Find Chris' dad group here: https://simplifiedworkflows.com/clockworking-dadpreneurs/Find Chris on Linkedin here: https://www.linkedin.com/in/christopher-buna-29ba22a2/
New Video Alert!Everyone is getting rich with Boomer business sales in the Silver Tsunami.Do you feel left out?This week, I respond to a wave of broke business buyers who we’ve met and I’ll let you know why you’re facing frustration AND-WHAT TO DO ABOUT IT.Watch this week’s video here: https://youtu.be/C9immXZZOdw CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
International Trade Planning and ProblemsNew Livestream guest- Lora Rigutto, CITPI’m happy to have Lora join me on a live broadcast.Lora has decades of experience in international trade and is the head of partnerships and community outreach at the Forum for International Trade Training.Tune in and as we’ll be discussing CITP training. Yes- there is a specific professional designation for planning and executing international sales expansions!Yes, we’ll be talking about tariffs and opportunities that may be created by the changing rules and how one goes about planning and executing a new international sales strategy.This is a ‘must see event’ for anyone who anticipates getting into a business that may have foreign sales opportunities.https://fittfortrade.com/https://www.linkedin.com/in/lorariguttocitp/
New Video Alert!Today, I run down a list of mistakes I see people do when buying a business and let you know how to avoid most of them.These are not the bits of advice that you’ll hear from most online ‘buy a business’ content.Watch this week’s video here: https://youtu.be/b_KLvF_j11c CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Regrets in M&A dealsNew Livestream guest- Fractional CFO Dustin WilliamsonI’m happy to have Dustin join me on a live broadcast.He has years of experience in the world of business in finance roles. Tune in and as we’ll be discussing regrets that often creep up in mergers and acquisitions and we’ll also talk a bit about planning for deals in cyclical industries given his experience in the Oil & Gas sector.This is a ‘must see event’ for anyone who foresees a deal in their future as there will be lessons for everyone in this conversation.Find Dustin on Linkedin here: https://www.linkedin.com/in/dustinwilliamson/ Dustin's recent blog post on regrets in M&A: https://vcfo.com/blog/mergers-acquisitions-warning-signs
Today's live stream I answer your live business questions and dive into trending topics—from Canadian election impacts on small business to financing deals, late-paying customers, debt refinancing, and seller financing strategies.
New Video Alert!Everyone seems so bummed by the threat of trade tariffs.Is there a way this could actually increase the value of small businesses?Sure, but it hinges on a few factors that I’ll dissect here today in my latest video..Check it out right here: https://youtu.be/BZGVhh9jH4o CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Nobody likes to ‘lose money,’ especially business owners.What does it mean to lose money when selling?It’s a question that has many interpretations.This week, I’ll be exploring those and giving you tips on how to make sure these losses don’t happen to you.If you’re a buyer, this video will give you insights into what your seller might be thinking!Check it out right here: https://youtu.be/xOjB00_3S7s CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Buying and running a construction company.New Livestream guest- John HannumI’m happy to have John join me on a live broadcast.He’s got tons of experience in the construction and trades industries as a corporate C-suite level employee and CFO.Tune in and as we’ll be discussing buying and running construction companies.This is a ‘must see event’ for anyone who is interested in construction or project-related businesses.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday March 31, 2025 at 1 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C BarnettFind John on Linkedin here: linkedin.com/in/johnhannumWebsite: https://www.ppsfinance.com/ & https://www.privitycpa.com/
New Video Alert!A fantastic conversation with a thoughtful wedding planner prompted this video.How can a service business maximize revenue and sell all of their capacity?We explore the strategies in this week’s video…Check it out right here: https://youtu.be/oh7Gd-llnRU CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
YouTube Premiere - SBA 504 Green LoansNew Premiere guest- Sol RosenbergI’m happy to have Sol join me on a recorded session.Sol is an energy engineer.Tune in and as we’ll be discussing the SBA’s 504 Green loan.It’s a variation on the normal 504 loan for buildings and big items of machinery.This is a ‘must see event’ for American entrepreneurs who want to access more funding as the normal limits to the 504 program just don’t apply to the green loans!Be sure to join live so that you can ask questions.Set yourself a reminder on YouTube here: https://youtu.be/Uakzs3xCsqw YouTube Premiere will be going live Monday March 24, 2025 at 1:00 PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett
***New Video Alert!Yes, there is a government loan program.We explore it in detail in today’s video for people doing a business purchase in Canada.Check it out right here: https://youtu.be/GkLikvZDFQc CheersSee you over on YouTubeDavid C Barnett
New Video Alert!Would you buy a business that was one year old?How about 10?Where is the right age until we can be sure it’s likely going to last, especially under a new owner?Let’s take a look in this week’s video: https://youtu.be/2GqBGLo9rrM CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Learning from Failed SMB Acquisition DealsNew YouTube Premiere guest- Jed Morris.I’m happy to have Jed join me on a live broadcast.Jed went from being a searcher to a suddenly excited rollup investor.Then, things went very bad.AND- he can’t discuss it!Tune in and as we’ll be discussing Jed’s new book about the common reasons why small business buyers fail and why he can’t talk about the reasons surrounding his own business closure and bankruptcy.This is a ‘must see event’ for anyone looking to buy a business.Be sure to join live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtu.be/QVt2b7Jt1PA YouTube Premiere We’ll be live Monday March 10, 2025 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Better advertising for your plumbing, HVAC, Electrical, etc business…New YouTube Premiere guest-> Ryan Chute.I’m happy to have Ryan join me on a live broadcast.Ryan has years of experience in advertising and is a Wizard of Ads partner.Tune in and as we’ll be discussing better advertising strategies for home services businesses and playing some of his customer-winning ads for you to hear.This is a ‘must see event’ for anyone seriously trying to build a brand in a market.Be sure to join live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtu.be/Hp-iwyFHIZ0 YouTube Premiere We’ll be going live Monday March 3, 2025 at 1PM Atlantic Time and 12 Noon Eastern Time See you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
What do you plan to get done this year?Returning Livestream guest- Henry LopezI’m happy to have Henry join me on a live broadcast.He has many years of small business experience including several startups and exits.Tune in and as we’ll be discussing how small businesses can create a realistic strategic plan. He’s actually got a tool you can download to make it easier.This is a ‘must see event’ for business owners or people who plan to be there one day.Find Henry on Linkedin here: https://www.linkedin.com/in/henry-lopez-9758524/or his podcast here: https://www.thehowofbusiness.com/
Disrupting the Flower Retail Market- Interview PremiereNew Premiere guest- Michael Jacobson- French FloristI’m happy to have Michael join me on a live broadcast.He’s got a story to tell you about how he came to own a flower shop and how he grew it to several locations before heading down the franchise path.AND- why flower retail is so ripe for innovation and disruption.Tune in and as we’ll be discussing the retail flower industry and why it might be a great opportunity for someone.This is a ‘must see event’ for people who like technology, marketing and are ‘industry agnostic.’Set yourself a reminder on YouTube here: https://youtu.be/0L0OwsTOBCY The interview plays live Monday February 17, 2025 at 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!So, is free trade in North America is now over?How will this affect small businesses.How does it change due-diligence for buyers?How will it impact your plan to sell?All this and more in this special new videoCheck it out right here: https://youtu.be/bwO-LipmzOU CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!You want more 5-star reviews for your business?You need a delivery process that you can work on.It’s an extension of your marketing funnel as it’s all about setting customer expectations.I give you some thoughts about how to work on this in this week’s video.Check it out right here: https://youtu.be/7Z0hK4sNM5k CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Can you learn the value of your business online FREE?New Video Premier interview guest- Mike Finger.I’m happy to have Mike join me again on a live broadcast.Mike works with business owners and helps them get their business ready for sale.And- he knows what he’s doing because he’s sold four of his own businesses.Tune in and as we’ll be discussing online business value calculators.This is a ‘must see event’ for business owners who want an idea of what their business is worth.Be sure to join the premier live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtu.be/hap_hJV78Ro We’ll be going live Monday February 10, 2025 at 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Tim is making an offer on a business and needs the seller to stick around for a year of training.Where does the money come from for his salary?Tim needs a salary too.Cash flow conundrum. I’ll tell you your options and how you need to think about this scenario.Check it out right here: https://youtu.be/rVi484Syae4 CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Personal and small Business Bankruptcy USANew Livestream guest- Adrienne Hines- The Ladylike LawyerI’m happy to have Adrienne join me on a live broadcast.She has had an exciting career helping people get out from under crushing debt… some of which is the result of small business failure.Tune in and as we’ll be discussing personal and small business bankruptcy and closures in America.This is a ‘must see event’ for business people. You need to know how this works.We’ll also be talking about opportunities in the failure of other businesses.Find Adrienne online at https://www.theladylikelawyer.com/Video mentioned in show- How Expensive is Merchant Cash Advance? https://youtu.be/kCLS09fXUE4
New Video Alert!Tim is making an offer on a business and needs the seller to stick around for a year of training.Where does the money come from for his salary?Tim needs a salary too.Cash flow conundrum. I’ll tell you your options and how you need to think about this scenario.Check it out right here: https://youtu.be/KID93MAaq8I CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
I’m happy to have Neal join me on a Premiere live broadcast.Neal is a business broker in Raleigh, NC and has sold dozens of businesses.Tune in and as we’ll be going through a bunch of business for sale listings and giving our advice to the sellers.This is a ‘must see event’ for anyone who wants to sell a business one day and buyers who want to hear about what we see in some of these deals that might not be obvious.Be sure to join the premier live so that you can ask questions, replay will be available.I will be in the comments for the premiere.See you there!David C BarnettFind Neal on YouTube here: https://www.youtube.com/@UC3OT0d2aASse7aqbgjxOpTw ****- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com
Owning a small business is challenging, and selling it can be a complex process. Having someone with industry experience in your corner can make a huge difference. Joining us today is David Barnett, former finance broker turned business broker then consultant. As a finance broker, he witnessed firsthand the struggles small business owners encounter when buying or selling a business. Now through his consulting, he provides unbiased advice, prioritizing client needs without the conflicts of interest often associated with commission-based brokerage. Preparing Your Business for a Smooth Handoff: A Guide to Profitable ExitsDavid emphasizes the value of strong business connections and highlights the critical factors in a successful business sale: robust cash flow and well-defined, transferable processes that enable a smooth transition for a new owner.
New Video Alert!I made this video for business owners who want to sell one day.I also made it for buyers who deal with sellers who don’t understand that price and terms are two sides of a seesaw.So, check out the video and if you are a buyer who deals with an ornery seller who demands all cash, then maybe share it with them.Check it out right here: https://youtu.be/1PFDc0iI5Ss CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Live Get out of the Truck!New Livestream guest- Idan ShpizearI’m happy to have Idan join me on a live broadcast.He’s the founder of Restoration 911, a franchise system in the flood/fire restoration industry.Tune in and as we’ll be discussing moving from being a hands-on owner/manager to becoming someone who can spend their time working ‘on’ the business.This is a ‘must see event’ for anyone who owns a business or will buy one.Especially if you fill a work role in the business or likely will when you buy. We’ll help you evolve. I promise.Learn about my program Build a Business That People will want to Buy at https://www.EasySmallBizSystems.comFind Idan on Linkedin here: https://www.linkedin.com/in/911restoration/Web https://www.911restoration.com/
New Video Alert!We all love the tax savings of depreciation.But what about a small business that owns no equipment?Does the fact that there is nothing to depreciate affect the value of the business?That’s what we explore this week.Check it out right here: https://youtu.be/otRV0SBzpR4 CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Pricing Strategies to WIN in BusinessNew Livestream guest- Belinda Rosenblum, CPAI’m happy to have Belinda join me on a live broadcast.Belinda is a pricing and money strategist for entrepreneurs.Tune in and discover game-changing strategies to price your products and services for maximum profit and growth. Whether you're a small business owner, freelancer, or aspiring entrepreneur, Belinda will share invaluable insights on how to overcome pricing challenges, boost your confidence, and increase your bottom line. Tune in on January 13th to learn how to align your pricing with your true value and transform your business's financial future. This is one conversation you can't afford to miss!This is a ‘must see event’ for you and your friends, please let them know!Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday January 13, 2025 at 1PM Atlantic Time, 12 Noon Eastern TimeSee you there!David C BarnettFind Belinda on LinkedIn: https://www.linkedin.com/in/belindarosenblum/or her website: http://www.ownyourmoney.com/
New Video Alert!Small business owners are busy.Who has time to create and implement a disaster recovery plan?This week, I’ll show you how to make one with very little time and effort and how you can help to rebuild the tourist economy of western North Carolina.Check it out right here: https://youtu.be/xt8yVRKWYIw CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Moral alignment in employment?New Livestream guest- Andrew CrapuchettesI’m happy to have Andrew join me on a live broadcast.He’s got a long career in the corporate world and in hiring and employment.He has not liked what’s been going on out there and instead of complaining, he did something about it.Tune in and as we’ll be discussing the alignment of values between organizations and their employees.There are no public vs. private lives anymore. Or are there?This is a ‘must see event’ for anyone who needs to hire or might be looking for a new job in 2025.Find Andrew on Linkedin here: https://www.linkedin.com/in/acrapuchettes/or his company here: https://www.redballoon.work/For each new enrollment to Business Buyer Advantage: Online Training in January, I'll be donating $150 to the Rebuild Black Mountain initiative to help the small business tourist economy of Western North Carolina recover from the devastation of Hurricane Helene. Learn more here: https://www.rebuildblackmountain.org/
New Video Alert!Happy New Year.Here are the biggest videos I made in 2024 and some that you may have missed.You’re here to learn, right? Check them out right here: https://youtu.be/T8IfxTXRhZY CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #education #dealmaking- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
It’s that time of year again.I hit the airwaves with my 5th annual Christmas Eve Special!This year, we’ve got all sorts of fun small business Elves stopping in to say hello.Mike Finger- Exit readiness coach and master of the ExitOasis.com blog site. https://exitoasis.com/Rocky Lalvani- Fractional CFO to growing businesses everywhere and host of the Profit Answer Man podcast. https://profitcomesfirst.com/podcasts/Neal Isaacs- Raleigh NC business broker and Host of the Raleigh Business Broker YouTube channel.https://www.ibba.org/insights/Loren Feldman- Renowned small business journalist and host of the 21 Hats Podcast. https://21hats.com/podcasts/Jaci Russo- Marketing Maven, Small Business Booster and Co-host of the ‘He said, she said small business marketing podcast. https://jacirusso.com/Marc Mawhinney- Tarzan of the Coaching Jungle Facebook group and host of the Natural Born Coaches podcast. https://www.naturalborncoaches.com/CheersDavid C Barnett*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
New Video Alert!Do you have a problem with your chart of accounts?If your financial statements are not a regular part of your management decision-making process, it’s probably because they don’t contain the information you need.The time to fix that is now, before you flip the calendar to 2025.I show you what to do in this week’s video…Watch right here: https://youtu.be/oUUwXx9riRI CheersSee you over on YouTubeDavid C Barnett- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com***Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Essential CRMs to help small businesses get SALES!!New Livestream guest- Jon Ferrara, CEO of NimbleI’m happy to have Jon join me on a live broadcast.He has decades of experience in sales, sales management and creating systems to make sales happen more effectively.Tune in and as we’ll be discussing what kinds of features you really need in a customer relationship management system (CRM) and what features are promoted as important, but nobody really uses.This is a ‘must see event’ for any business owner who lacks the insight into what’s happening with their sales efforts.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday December 16, 2024 at 1PM Atlantic Time and 12 Noon Eastern TimeSee you there!David C Barnett----Find Jon Ferrara online at https://www.linkedin.com/in/jonvferrara/Website: https://www.nimble.com/*- Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com*Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!The most common question I get…How much do I need.This week, I break it down and show you a rule of thumb I’ve shared with hundreds of clients over the years.Watch right here: https://youtu.be/Uw7Yso_8LP8 CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #lease #landlord #leaseassignment #dealmaking #negotiation------------------------Timecodes0:00 Intro01:08 Landlord Issues03:56 Locus of Goodwill09:45 ease discussion with landlord.11:30 Why it's important to normalize cashflow12:22 Sellers need to understand18:56 Lenders23:15 Is it a lease assignment or a new lease?25:05 Lease Negotiations 27:34 Cost of Moving28:06 Financial and landlord-related stressors32:03 Quick Story------------------------Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
What the heck is Ethical Franchising? Why does this term need to exist?New Livestream guest- Giuseppe GrammaticoI’m happy to have Giuseppe back on the show to join me on a live broadcast.Giuseppe has been helping people choose the right new franchise opportunity for years.Tune in and as we’ll be discussing Ethical Franchising.What the heck is it?Why does such a term need to exist?What does unethical franchising look like?This is a ‘must see event’ for anyone who may consider getting into a franchised business.Find Giuseppe online at https://ggthefranchiseguide.com/Find my interview with Megan about Beefaroos here: https://www.youtube.com/live/kYp3DqRNqyM?si=VvrRd8AGLK6Wrq6CP.S. don’t forget… I wrote a book on the dangers of the franchise business model. Franchise Warnings is available from my blog site and from Amazon stores worldwide. https://www.DCBBookList.com
New- 2nd Edition of '21 Stupid Things People Do When Trying to Buy a Business' New- 'David C Barnett's Small Business and Deal Making Glossary'Available from Amazon https://www.DCBBookList.com or in pdf at https://www.DavidCBarnett.com
***New Video Alert!The most common question I get…How much do I need.This week, I break it down and show you a rule of thumb I’ve shared with hundreds of clients over the years.Watch right here: https://youtu.be/RllPWOHB2yg CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #downpayment #investment #equity #equityinjectionDo Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!How do most small business owners end up posting ads that don’t sell their business?They make the most common mistake that I see repeatedly.They don’t understand the difference between the selling price of a business and the value of its cash flow.In most cases, this is not the same number.Most business brokers are clueless about this.Watch right here: https://youtu.be/on4RmO0egMM CheersSee you over on YouTubeDavid C Barnett#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #mistakes #fail #operatingcapital #capitalpeg #workingcapitaladjustment
New Video Alert!Are you a business owner who plans to retire one day?Are you a financial or investment advisor?Watch and I’ll show you the Achilles Heel of your plans and how to make them better.Most business owners who can’t retire FAILED to spot this problem and their advisors were never informed enough to point it out.Watch right here: https://youtu.be/vNRvGircerk CheersSee you over on YouTubeDavid C BarnettDo Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Employee Ownership Trusts in CanadaNew Livestream guest- Jon ShellI’m happy to have Jon join me on a live broadcast.Jon built a PE-backed rollup in the veterinarian space and now is the Chair at Social Capital Partners, a Toronto-based organization with the goal of helping more employed people enjoy the benefits of business ownership.Tune in and as we’ll be discussing new rules in Canada regarding employee ownership trusts.This is a ‘must see event’ for people that might want to sell their company to employees.These new rules are based on concepts that have been available in the US and UK for quite some time and the conversation may also be interesting to viewers in those countries as well.Find the site Jon mentioned here: https://www.employee-ownership.ca/Find Jon on Linkedin here: https://www.linkedin.com/in/jon-shell-8952491/Find the video on leveraged buy outs here: https://youtu.be/UrBLOtRY0OI
Book your Holiday Chat call now: https://calendly.com/dbarnett/2023-holiday-chatsecretcodeLearn about the Black Friday deals...- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com
***New Video Alert!Can you buy a business that requires a license when you don’t have one?Maybe, depends on where you are.But there are pros and cons to these businesses and industries that people don’t quite understand until they’re in the industry.This week, we discuss whether it makes sense to chase a licensed business and if it’s worth the hassle.Watch right here: https://youtu.be/DP6gFIYcj48 CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!What if you can’t find the business you like in your local area?Does it make sense to buy one in another city or state if you don’t have the intention of moving?I’ve known several investors who have pulled this off.This week, we’ll look at the considerations you need to ponder before deciding to go and do this kind of deal.You’ll see in today’s video: https://youtu.be/l2pDy-CI3d0 CheersSee you over on YouTubeDavid C Barnett
Spencer Raises MiLLION$$$New Livestream guest- Spencer HilligossI’m happy to have Spencer join me on a live broadcast.He’s been busy doing private real estate deals and he’s raised millions of dollars via syndication deals. Tune in and as we’ll be discussing how his business operates and what it’s like to attract and accept investor money.If you think you’re just gonna ‘get investors’ this episode is for you as we’ll be discussing all the realities of being responsible for other people’s money.This is a ‘must see event’ for people who need to raise cash to get deals done.Find spencer online at Madison Investing here: https://www.madisoninvesting.com/Be sure to join my email list so you never miss any new videos at https://www.DavidCBarnettList.com
In this episode of The Profit Answer Man, David C. Barnett, a seasoned expert in buying and selling small businesses shares his insights into the world of business acquisition versus starting a new business. We dive into what makes a business "sell-ready" and explore how preparing your business for sale can improve not only its value but also its profitability and enjoyment. If you're considering growth, David offers invaluable advice on leveraging acquisitions as a path to expansion.
***New Video Alert!I’ve met hundreds of successful business owners over the years, and we sometimes talk about their investments.This week, I show you where they invest their money and why.Also- why the personal finance advice you get online likely would be very bad advice for you if you own a business or intend to buy one.You’ll see in today’s video: https://youtu.be/GlqCelWVNb0 CheersSee you over on YouTubeDavid C Barnett
Live Financial Planning for Biz OwnersNew Livestream guest- Jennifer R. Lee Author, Founder of Modern-WealthI’m happy to have Jennifer R. Lee join me on a live broadcast.Jennifer R. Lee is a Florida Financial Planner.She works mainly with women going through divorce who are or are leaving entrepreneurs.We’ll be discussing all things financial planning, how she addresses this very specific client group and the particular concerns you might have if you’re doing well in business and may be planning or afraid of a divorce!!Be sure to join live so that you can ask questions, replay will be available.See you there!David C BarnettPersonal Linkedin: linkedin.com/in/jennifer-lee-awma®-aif®-1b5aa56Website: https://modern-wealth.com/ LinkedIn: https://www.linkedin.com/company/modern-wealth-llc/ The case studies in this podcast were based upon individual client experiences and may not be representative of the experience of other customers and should not be considered a guarantee or indication of future performance or success.Be sure you're on the email list at https://www.DavidCBarnettList.com
***New Video Alert!Yes, you can buy a business quickly.In this week’s episode, I dive into a case study of someone who did just that and add my commentary about the lessons learned.Buckle up for this ride: https://youtu.be/uN8pZ5cCcic CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Mani Ellefson, the Hands-off CEO Leader, podcast host and author.I’m happy to have Mandi join me on a live broadcast.She’s built a business out of helping entrepreneurs get out of the day to day of operations and truly be free to work ‘on’ their businesses.She hosts a podcast on the topic and is the author of The Hands-Off CEO which is a great book.Tune in and as we’ll be discussing how to develop or hire an operations manager in your business.This is a ‘must see event’ for anyone who doesn’t want to be doing this job themselves 50 hours a day forever while they’re in business.https://book.handsoffceo.com/bookhttps://www.linkedin.com/in/mandiellefson/Be sure you're on the email list at https://www.DavidCBarnettList.com
David gets invited to give feedback on a panel of small business owners around the topic of whether someone should buy their family furniture business.--Original Show notes---This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group (https://www.trebuchetgroup.com/) . As you may remember, this is a virtual exercise where we offer a business owner—or in this case a potential business owner—the opportunity to pose a challenge he or she is facing to a group of owners and entrepreneurs from the 21 Hats community as part of a brainstorming session. In this case, it was BaLeigh Waldrop who explained why she has mixed feelings about buying the Miller Waldrop (https://www.millerwaldrop.com/) furniture business that her parents own. As you’ll hear, BaLeigh has some real concerns: the business has been down of late, it’s predominantly brick-and-mortar, and she would have to work out an ownership structure with a younger brother. The 21 Hats brainstormers ask a lot of good questions, including whether the business is profitable, whether it’s been paying family members a market wage, and whether it owns the real estate. They also offer a lot of smart suggestions. Plus: it all ends with a very surprising offer from Jay Goltz.
***New Video Alert!What if a rich person just offered to buy you a business?What would you ask about to make sure the deal was likely to complete?I’ll walk you through it in this week’s video: https://youtu.be/WX3MXtOF8RY CheersSee you over on YouTubeDavid C Barnett
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
***New Video Alert!Where are you spending your time watching for hazards to your business?Maybe pencil some time in your calendar for these areas people sometimes miss.Especially important for those not active day to day in their businesses!!!I’ll walk you through it in this week’s video: https://youtu.be/tLGr5rCWfkYCheersSee you over on YouTubeDavid C Barnett
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
***New Video Alert!What happens once you own a business.Just clear sailing and profits, right?NOPE- You’ve got to have a continuous attitude about due-diligence in these 11 areas to keep from having to deal with out of control situations growing without your notice.I’ll walk you through it in this week’s video: https://youtu.be/gKrf_lkY6NE CheersSee you over on YouTubeDavid C Barnett
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
***New Video Alert!This week- a question from a Canadian who wants to know how to do deals where he lives.But- even Americans should learn how non-SBA deals are done because they can be cheaper!I’ll walk you through it in this week’s video: https://youtu.be/Pwa_EsrHl58 CheersSee you over on YouTubeDavid C Barnett
Bits and Pieces of Leaders- The Fractional C-Suite Movement.New Livestream guests-Devoreaux Walton MBA, CMO https://berevelant.com/https://www.linkedin.com/in/devoreauxwalton/Jennifer Doherty MIRHR https://jsdhumanresources.ca/https://www.linkedin.com/in/jsdhumanresources/Kevin Robinson, MBA, CPA F-CFO https://www.trajectory-cfo.com/https://www.linkedin.com/in/kevin-robinson-mba-cpa-98895526/Mathew Kerbis, Fractional GC https://subscriptionattorney.com/https://mathewkerbis.com/https://www.linkedin.com/in/kerbisverse/I’m happy to have this great group of professionals join me on a live broadcast.Tune in and as we’ll be discussing when and how growing small businesses can take advantage of fractional specialists and maybe when they need to get one full-time.This is a ‘must see event’ for anyone with ambitions to grow beyond their own personal abilities as business owners.Be sure to join my email list and never miss any of my content at https://www.DavidCBarnettList.com
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find Jonathan Bennett on Linkedin here: https://www.linkedin.com/in/bennettjonathan/ or at https://www.ClearlyThen.comFind it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
The great debate- Is there good small business content online?New Livestream guests- Mike Finger and Clinton LeeThese two have been guests on my show before but never locked in heated debate!Clinton is a long-time consultant who helps leading UK entrepreneurs find the best fit business brokers to represent them in selling their businesses.Mike Finger is a multi-exit SMB survivor who coaches small business owners in the US on how to make their businesses more saleable.The discussion?Is there good content online for people interested in buying and selling small businesses or is it all just hype?Mike questions what he finds to be most popular.Clinton says it’s there, but you’ve got to discern the quality of what you consume.We’re going to discuss this and see if online content creators deliver for SMB learning or if you should be spending your time at the library or something.Find Mike Finger online at https://exitoasis.com/or on Linkedin at https://www.linkedin.com/in/mike-finger/Find Clinton Lee at http://ukbuisnessbrokers.com/or on Linkedin at https://www.linkedin.com/in/clintonleeuk/
***New Video Alert!I often get asked what kind of businesspeople should be looking for.So, today I made a list of criteria for people to consider when deciding what to buy or start when it comes to the world of small business.I’ll walk you through it in this week’s video: https://youtu.be/_6rezgHbVN4 CheersSee you over on YouTubeDavid C Barnett
Are you in Sales? Or are you a CLOSER?!?New Livestream guest- Bob King- extreme closer and author.I’m happy to have Bob join me on a live broadcast.He’s got years of experience in Hollywood and in direct sales and closing deals in one day.Tune in and as we’ll be discussing his new book; The Joy of Closing. This is one of the best sales books that I’ve read in awhile. I enjoyed it so much, I asked Bob to be on the show.This is a ‘must see event’ for anyone who needs to bring in revenue to a business or manage some sales people. Bob's website: https://www.joyofclosing.com/landerLinkedin: https://www.linkedin.com/in/bob-king-7a37951/Buy the book at https://www.DCBBookList.com
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
This is a PAID consulting call for a real viewer who needs help on a deal.It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke'Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
***New Video Alert!Inc Magazine announces that there is a boom in new business formations.Does that mean the economy is rocking?Maybe not.AND- Why don’t we know exactly how many small businesses ever do get sold?I tear into it this week…I’ll walk you through it in this week’s video: https://youtu.be/4vL6b3_2uSM CheersSee you over on YouTubeDavid C Barnett
My new book is now live and available for purchase on Amazon stores worldwide."Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from going Broke."Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJThe UK Amazon store here: https://amzn.eu/d/7GFGeUzThe Australian Amazon store here: https://amzn.asia/d/g6ZbNa1Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB Thanks for all your support in this project and I would really appreciate and love it if you rated and reviewed the book on any platform where you find it.It really does help a TON!!CheersDavid C Barnett
HC#012 Do you remember Chris from HC#007 in the 2022 Holiday Chats? https://youtu.be/9zU1yjhOA2E He bought a landscaping company without enough operating capital. Well, he came back to tell us how it went and is looking for some ideas on how to build on his first year in business. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 8 of the ‘Get into Business 101’ summer series.Today, we’re talking about what happens on closing day and when you take over a business you just bought. Also, the initial startup to a new business and how these things can kinda be similar.Check out this week’s video: https://youtu.be/lD6ycnQLW2k CheersSee you over on YouTubeDavid C Barnett
HC#011 Buyer007 has a license to search! This anonymous caller wants help to figure out why he can’t find good deals, why the sellers on bizbuysell are playing the Bait and Switch game and if a franchise might be the answer. If you listen to the end, however, you’ll hear a really juicy part about his mistake in calculating his BATNA (Best Alternative to a Negotiated Agreement) as he forgot to include one really big cost/benefit of doing a deal which may cause him to totally change his criteria. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 7 of the ‘Get into Business 101’ summer series.Today, we’re talking about Raising Money and doing Due diligence.I dispel a lot of misconceptions about where you find investors, how you get the cash to fund your business acquisition and how you manage the process of due-diligence.Don’t get into something that might bite you!Check out this week’s video: https://youtu.be/aXiN3L69UH0 CheersSee you over on YouTubeDavid C Barnett
Scale and Sell a Service Business with Mini-Me’sNew Livestream guest- Jonathan BennetI’m happy to have Jonathan join me on a live broadcast.He’s has grown a consulting business by training others on how to deliver the services, then sold it off in a management buyout!Tune in and as we’ll be discussing his journey and how he executed this very difficult transition from ‘being the guy’ to being a true owner.We’re also going to dip our toe into the world of ‘B-Corp Status’ and how it helped in marketing to a very specific customer segment.This is a ‘must see event’ for anyone in the service or consulting industries.Join Jonathan on Linkedin: https://www.linkedin.com/in/bennettjonathan/Website: https://clearlythen.com/
HC#010 Isaac buys a VERY SMALL window replacement company. Actually, it’s his dad’s and he wants Isaac to do the deal so he can retire six months from now. They’re both realizing that this may not be a very valuable business, so, can dad grow it enough in a few months for it to make sense for his son to pay big bux for it? If not, is there any value at all and how should we be thinking about the value of what is there. Even though it’s small, it would be easier to take it over than to start something from scratch. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 6 of the ‘Get into Business 101’ summer series.Today, we’re talking about Making Offers.Lot’s of em.AND- what we can learn from the responses we get back from sellers.Check out this week’s video: https://youtu.be/rXftHpMBSBM CheersSee you over on YouTubeDavid C Barnett
Do you look good on camera? New Livestream guest- Loreta TarozaiteExecutive Presence Strategist and On-Camera Coach.I’m happy to have Loreta join me on a live broadcast.She has been working in marketing, communications and making people and companies look good for over a decade.Tune in and as we’ll be discussing managing the way you appear and seem to people over virtual meeting media.This is a ‘must see event’ for anyone that wants to make a great impression over Zoom or other modern media.Find Loreta on Linkedin https://www.linkedin.com/in/loretatarozaite/Do the assessment https://www.loreta.today
Ernie just sold his first business for a customer and now wants insights into growing his business brokerage. The goal? Build up enough cash to exit and buy another business. We talk marketing, positioning, value propositions and more. If you’ve ever dreamed of collecting a 10% fee on the value created by SMB entrepreneurs on exit, you’ll find this conversation very insightful. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 5 of the ‘Get into Business 101’ summer series.Today, we’re talking about BATNABest Alternative to a Negotiated Agreement and why it matters.Also, how startup entrepreneurs control risk via Effectuation and why a startup plan should be in your BATNA calculation.Check out this week’s video: https://youtu.be/JUnEVQ_aCgo CheersSee you over on YouTubeDavid C Barnett
HC#008 Joe wants to buy a business and he knows the industry. What’s the problem? All the sellers want 10X cash flow!?! What on Earth? How do we convince them they’re nuts and make a deal to buy this business? We walk through the options, and I give him some ideas. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 4 of the ‘Get into Business 101’ summer series.Today, we’re talking about your search plan.People have a hard time considering how you go out and buy something that ‘isn’t for sale.’Easy.It’s a sales exercise.Also, even if you want to start a business, you don’t want to miss this step and I’ll tell you why.Check out this week’s video: https://youtu.be/YS7gW0qk_P8 CheersSee you over on YouTubeDavid C Barnett
Growing a new franchise Brand. The challenges and opportunities in something new.New Livestream guest- Megan Rosen- Beef-a-Roo.I’m happy to have Megan join me on a live broadcast.She’s has years of experience in the realm of franchise development.Tune in and as we’ll be discussing the growing challenges and pains of starting a new franchise brand. In this case, a mid-western, mid-market sit down dining experience called Beef-a-Roo.They have a milkshake subscription!This is a ‘must see event’ for people thinking about franchise opportunities or making their business into a franchise.Walk through video of the 'container location' https://youtu.be/XL6_p5a9lHo?si=g4h9BQqEo0ULEockFind Megan on Linkedin here: https://www.linkedin.com/in/megan-rosen-cfe-b3929354/Find Beef-a-roo's here: https://beefaroo.com/
HC#007 Harry wants Uncle Sam as a customer. In this call, he and I discuss an opportunity for a temporary staffing agency that sells to a few government departments. What are the risks? What pricing makes sense? What if those contracts don’t renew? Gulp! Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Find the original podcast page with notes here: https://razorbranding.org/financial-side-of-branding/
***New Video Alert!Part 3 of the ‘Get into Business 101’ summer series.Today, we’re talking team members.This is something you do before you get into business.I’ll explain the experts and the not-so-experts that you need to find in your community and online.Check out this week’s video: https://youtu.be/hA75uMo3cNw CheersSee you over on YouTubeDavid C Barnett
X-Ray the personality of someone before you hire them!New Livestream guest- Fletcher WimbushI’m happy to have Fletcher join me on a live broadcast.He’s got over a decade of experience in hiring and talent acquisition and evaluation.Tune in and as we’ll be discussing DISC assessments in the hiring process and how to properly use them.This is a ‘must see event’ for anyone who will need to grow their team in the future.Find Fletcher on Linkedin here: https://www.linkedin.com/in/fletcher-wimbush/https://www.discovered.ai
HC#006 Jim is a smart computer guy. He and his buddies have the skills to take a SaaS business to the next level. Just one thing- they won’t sign personal guarantees on loans. So, what is the plan or a workable strategy to try and raise millions of dollars to buy a business without going to a banker? In this talk, we discuss crafting securities, thinking about the investors as a market and the relationship between the buyer, investor and the seller in a crafty non-bank deal.If you're interested in working with Jim and his team, contact him at https://bluesagedata.com/ Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!Part 2 of the ‘Get into Business 101’ summer series.Today, we’re talking resources.Understanding what you’re working with will inform your options.MoneyDebtsPersonal AssetsSkills and Experience.Check out this week’s video: https://youtu.be/8_IiRwZ0bOoCheersSee you over on YouTubeDavid C Barnett
Business Seller’s Journeys with Business BrokersNew Livestream guest- Neal IsaacsI’m happy to have Neal join me on a live broadcast.Neal has sold dozens of businesses in his role as a business broker with VR Business Brokers in Raleigh, NC.Tune in and as we’ll be discussing what ideally a broker should be telling/showing/helping sellers with and we’ll hear some of his stories from the trenches.In particular, I’m going to ask Neal about how, as a broker, he views his inventory of businesses for sale.Find Neal online at https://vrbiztriangle.com/On YouTube @RaleighBusinessBroker https://www.youtube.com/@RaleighBusinessBroker
HC#005 JB is frustrated by not being able to find a good small business to buy. If you feel the same, you’ll want to listen to this. I break down proprietary search, broker channels and what a hard-working buyer needs to know about finding deals and why it can take so much time. If it was easy, everyone would do it. This is the least-transparent market on Earth and there are gems for those who aren’t afraid to invest time and money. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!If you’re going to be in business for the long term and grow, you need customers who think highly of you.This means they’ll refer you and buy again.But you’ll never have this if you lack this one crucial element… Integrity.I’ll show you how to maintain it in this week’s video: https://youtu.be/hR-y5ceSjB0 CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Investigative Journalist and Author Gary WeissI’m happy to have Gary join me on a live broadcast.Gary is the author of RETAIL GANGSTER: The Insane, Real-Life Story of Crazy Eddie.Tune in and as we’ll be discussing the evolution of this small business person from a typical local small business owner to a big time Wall St. fraud artist.This is a ‘must see event’ for anyone interested in business and crime!You want to learn about Crazy Eddy’s frauds especially if you’ll be doing due-diligence on a business you might purchase.Find the book in my Amazon store at https://www.DCBBookList.com
HC#004 Tim is great with systems. He’s already grown some SMBs tremendously and wants to do more. So, what makes sense for him? Buy them? Be a consultant? OR- Can he trade his skills for a small equity stake in a whole bunch of SMBs? This time, we get into sales strategy for selling this kind of service and if it really makes sense to offer to work for shares. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!A client wants to know how to let one small business seller know that he has to wait while he pursues another deal which may be better.Is this wise?How do you do it?The client is missing this one critical factor in his thoughts on managing multiple opportunities.I’ll walk you through it in this week’s video: https://youtu.be/oudlAM502F0 CheersSee you over on YouTubeDavid C Barnett
HC#003 You like cash? I like cash! Who doesn’t? Well, when the seller of a business promises an ‘little extra’ because of undeclared revenues, it doesn’t necessarily all fall to the bottom line. I show the caller how we can see if the extra revenue makes sense and detect whether it may be likely that some of the expenses may be paid with the cash. So, it’s not as lucrative as you may be led to believe. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!I keep getting asked if I will help people on their project.YES- I do that.But, how?This week, I reveal the matrix model I used to build out my consulting business.It was done intentionally with a plan and it works great for many reasons.I’ll walk you through it in this week’s video: https://youtu.be/kVllCuVNnFw CheersSee you over on YouTubeDavid C Barnett
Peek inside the collection industry.New Livestream guest- Blair DeMarco-Wettlaufer from Kingston Credit and Data who operates collection agencies in Ontario and Florida.I’m happy to have Blair join me on a live broadcast.He has decades of experience in the collections industry in both the US and Canada.Tune in and as we’ll be discussing what you need to know about collection agencies both as an entrepreneur who might need to hire one some day and as someone who might be getting calls from them!This is a ‘must see event’ for pretty much everyone interested in business
HC#002 James wants to examine a painting and wall covering contractor business in the UK… his big question? What is the SDE (or adjusted EBITDA as they call it across the pond). In this call, we take a look at the income statement and do a line by line normalization and show James what he should be asking when he next meets the seller. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
***New Video Alert!An appraisal is an appraisal, right?Well, maybe not.It could be a smidge higher or lower depending on who does it and why.This week, we tackle the problem of understanding the incentives and biases of the people who do valuations to support things like borrowing money.Learn more by watching this week’s video: https://youtu.be/xmOXDpDsMNI CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Mark WillisBook a call with Mark at https://www.NewBankingSolution.comI’m happy to have Mark join me on a live broadcast.Mark has been on the show many times discussing insurance strategies for small business owners and buyers and is the sponsor of my show.Tune in as we’ll be discussing something new- Annuities.This is a ‘must see event’ for anyone who is entrepreneurial or wants to learn about money or investing.I’m going to ask him about how these tools can play a role in business or in your plans for retirement or helping to retain/recruit staff and other ‘angles’ that could be interesting.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live June 17, 2024 at 12 Noon Eastern Time, 1PM Atlantic TimeSee you there!David C BarnettP.S. See all of Mark’s past appearances on this page- https://www.NewBankingSolution.com
HC#001 Gerri has had a successful career over decades as a business owner, but when her husband died, things fell apart. Now this experienced entrepreneur wants to put her skills to work in a small business that she can manage on her own. We discuss a bakery opportunity that she found and I work with her to uncover key areas that need to be explored as she negotiates for it. Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com- Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com- Get help selling your business, https://www.HowToSellMyOwnBusiness.com- Get better organized in your business, https://www.EasySmallBizSystems.com- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Email Subscribers always get first access to Holiday Chat and to book these calls at substantial savings.- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com- Book a call with David and let him help you with your project, https://www.CallDavidBarnett.comWatch on YouTube: https://youtu.be/hzg8RX__Q8c
***New Video Alert!Peter has a Hospital putting him into collections!Will this reduce his credit score?Will this mean no ability to borrow for a business loan?It’s complicated but not hopeless.Learn more by watching this week’s video: https://youtu.be/kMJCKmlDuQQ CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!What scares you more, Fire or Zombies?This week, I take a look at disaster planning and preparation and explain the best kinds of businesses to own if it’s all coming to an end.Learn more by watching this week’s video: https://youtu.be/OMHfrdVUbLE CheersSee you over on YouTubeDavid C Barnett
Damon Pistulka from https://exityourway.us/ invited me onto his Faces of Business Podcast for a chat about selling your business. Check it out.
Find the original posting here: https://www.ibba.org/insights/perspectives-buying-selling-businesses/ Perspectives on Buying and Selling BusinessesIn the “IBBA Insights Perspectives on Buying and Selling Businesses,” business coach and entrepreneur David Barnett shares his expertise on the sale of businesses from a seller’s perspective. Barnett discusses the importance of empathy for buyers and sellers during the transaction process, preparing a business for sale, and hiring the right people, including business brokers, to ensure a successful sale. He emphasizes the unpredictability of personal plans and the need for a well-prepared business, as well as the importance of trust between buyers and sellers. Barnett also advises sellers to be cautious when dealing with high engagement fees from brokers and to choose industry-focused brokers for better results. Throughout the conversation, Barnett stresses the importance of preparation, understanding cash flow, and working with qualified professionals to navigate the complexities of buying and selling businesses.Host: Cress V. DiglioGuest: David BarnettWatch the video version of this episode
***New Video Alert!Can someone take advantage of the SBA program to buy a business in the US without even going there?I’ll tell you when foreigners can and cannot use SBA loans and how someone might reasonably be able to buy a business in the US.With or without money.Learn more by watching this week’s video: https://youtu.be/tRGW56_DYAI CheersSee you over on YouTubeDavid C Barnett
Neal Isaacs is a business broker in Raleigh.He hosts a YouTube channel at https://www.youtube.com/@RaleighBusinessBrokerFrom the original show notes:Call Neal at (919) 621-1248See done deals at https://bit.ly/3rjUNtBGet a complimentary valuation at https://bit.ly/45ZAHEgTimestamps:0:00 Neal & David C. Barnett00:17 Introduction to the Raleigh Business Broker Channel02:52 The Transition from Business Broker to Consultant09:58 The Reality of Business Acquisitions and Financing21:25 Understanding Finance Risk in Business Purchases23:47 The Impact of Debt on Business Sales24:35 The Role of Financing in Business Acquisitions29:06 Seller Financing: Aligning Buyer and Seller Interests30:02 Material Seller Financing: A Strategy for Success36:18 The Myth of the Silver Tsunami
Ron Skelton had me on his show, How2Exit.https://www.how2exit.com/ About the Guest(s): David Barnett is an experienced entrepreneur, consultant, author, and educator in buying, selling, and financing small and medium-sized businesses. With a background in sales and business education, he owned a business broker office before moving into banking. Since 2015, he has provided consultancy services for business transactions. Barnett shares his expertise through a YouTube channel and has written multiple books on investing, franchising, and buy-sell strategies, with a new book releasing this fall. Episode Summary:In the latest How2Exit podcast, host Ronald Skelton welcomes back David Barnett, an expert in small and medium-sized business transactions. They discuss the risks of over-leveraging in business acquisitions and offer insights on mastering business deals without financial pitfalls. Barnett shares his knowledge on proper business leverage, the impact of SBA interventions, and the challenges of buying a business with minimal down payment. He contrasts debt-equity structures in large companies with the small business sector and emphasizes prudence, long-term planning, and cash flow management for successful business purchases. Key Takeaways: • Typical leverage for large public companies is between 50-60% debt; anything higher is considered risky. • Zero-down deals are often more achievable by experienced individuals with substantial resources, not beginners with limited capital. • Relationships, trust, and a strong personal network are crucial when seeking investments in your business endeavors. • Minority equity holders in small businesses may face significant risks without majority control. • Prudent financial management and an understanding of potential business hazards are essential before taking on leverage.
Serious Small Business Market Intelligence.New Livestream guest- Nunzio PrestaI’m happy to have Nunzio join me on a live broadcast.Nunzio has leads the team at BuyAndSellABusiness.com Tune in and as we’ll be discussing data, facts and observations from the point of view of someone who sees the smallbiz buy/sell playing field.This is a ‘must see event’ for prospective buyers and sellers of small businesses.Be sure to join live so that you can ask questions, replay will be available.Deals from https://www.BuyAndSellABusiness.comSeller's SubscriptionFor the past decade, BuyAndSellABusiness.com has been helping business owners connect with qualified and engaged buyers, facilitating over $3.9 billion in deal value with a success rate twice the industry average. From the moment you list your business to the moment a buyer engages with your listing, the platform excels at creating a self-sufficient experience. It provides the appropriate nudges to ensure that deals and conversations remain active. If you're considering selling your business, take a look at their Subscription solution. For only $99 CAD per month, you receive unlimited listings, unlimited buyer introductions, a seller profile, and extra marketing exposure all with no contracts or cancellation fees. It seems like an obvious choice for a marketing tool. Try it today and use code FREE30 to receive your first month for free.Premium Buyer ProgramAs a business buyer, BuyAndSellABusiness.com understands that one good deal can be extremely valuable. That's why they've introduced the Premium Buyer Program. For $400 CAD per year, you'll experience an optimized deal flow, receiving instant notifications for every new listing before the rest of the community. Additionally, you'll enjoy other perks such as a LOI template, priority customer support via Slack, and a Premium Badge on every seller introduction. Join the program today and receive a 40% discount on the annual fee. Just mention David Barnett and this show.
***New Video Alert!We all know that getting a divorce is likely bad for your business.But what about if your partner goes through a divorce?What kinds of strategies can you employ to protect yourself and the business in such a case?When should you be contemplating this?Learn more by watching this week’s video: https://youtu.be/dpY8w8-SAU8 CheersSee you over on YouTubeDavid C Barnett
Does your small business need big B2B marketing?New Livestream guest- Sarah Noel-BlockI’m happy to have Sarah join me on a live broadcast.She’s the genius behind Tiny Marketing. A content-marketing company that helps B2B businesses build authority and generate opportunities with the least amount of hassle and work possible.Tune in and as we’ll be discussing marketing strategies for companies with marketing teams of 0-2 people.Yup, Zero.This is a ‘must see event’ for anyone thinking of being in business that sells to other businesses.Find Sarah Noel Block online here: https://www.sarahnoelblock.com/tiny-marketing See you there!David C Barnett
***New Video Alert!What are finance strategies?What is profit?Why would a small business want to maximize it?Not all do.This week, a deep dive into the three groups of businesses, what performance metric they’re trying to maximize and what kinds of strategies will deliver the goods.Learn more by watching this week’s video: https://youtu.be/d9UlF3zJ9V0 CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Corey asks me via Twitter-Do dividends belong in SDE?This week, I explain why not and how you can protect yourself from this mistake.Save this somewhere.You might need to send it to a broker or seller one day.Learn more by watching this week’s video: https://youtu.be/gR7Fsgp1J9Y CheersSee you over on YouTubeDavid C Barnett
Getting Credit in your Business Name Without a Personal GuaranteeNew Livestream guest- Andrew CervenkaI’m happy to have Andrew join me on a live broadcast.Andrew and team have been helping small businesses establish trade credit and corporate creditworthiness for years.Tune in and as we’ll be discussing what it actually means to develop corporate credit and why you might want to.This is a ‘must see event’ for business owners that are worried about all their personal guarantees on all the credit products their business uses.Find Andrew online at acervenka@jgalt.io
***New Video Alert!How do you know if the broker you’re dealing with knows what they’re doing?It’s important.A broker who is a novice may not have properly prepared the seller.This can lead to lots of time being wasted and reasonable deals being declined.Learn more by watching this week’s video: https://youtu.be/P0maeylhvi8 CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!What if you have a very small business?Even just yourself.How can you go about getting the best value for your biggest asset?Your customer list.I explore it in this week’s video here: https://youtu.be/0U9Rb-mNn90 CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!What does it cost to grow a small business?Where do you start? More sales?Run some advertising?You start with a plan. Watch.Watch this week’s video here: https://youtu.be/UD06KAjDvuo vCheersSee you over on YouTubeDavid C Barnett
***New Video Alert!So, is a 100-year-old company with a well-known brand worth more?What about if there are over 1000 names on the past client list?Does a special trade secret make a business worth more?Today, we uncover value drivers that many sellers love to tell you about…Watch this week’s video here: https://youtu.be/0CcQV2yiycI CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!This business owner learned that his business was worth less than $1.How?Because of the unseen liabilities.Let’s learn about how companies owe money that doesn’t get shown to you when you look at the financial statements.Watch this week’s video here: https://youtu.be/a7RY-1LVTiM CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Pat Ennis, CExP, CAP®I’m happy to have Pat join me on a live broadcast.Pat has been in the wealth planning business since the 90’s and helping SMB owners plan their exit for over a decade.Tune in and as we’ll be discussing getting a business ready for your exit and just what, exactly, that might mean.This is a ‘must see event’ for anyone who owns a business or want to one day.Find Pat online at https://www.ExitReadiness.com
***New Video Alert!For every person who sells a business there are 10 buyers.How does a buyer compete to get the best business?Let’s discussWatch this week’s video here: https://youtu.be/5ip8bIUwU08 CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Alfie Lambert.I’m happy to have Alfie join me on a live broadcast.He’s the co-founder of BizCrunch.co, an online tool that makes it easy to find exactly the business you’re looking to buy in the UK.Tune in and as we’ll be discussing the hows and whys of his new BizCrunch tool.This is a ‘must see event’ for searchers in the UK.Be sure to join live so that you can ask questions, replay will be available.Also, Alfie has set up a special offer for any of you who want to try out the service.Take advantage of Alfie's offer for UK searchers by using this link: https://app.bizcrunch.co/?via=david-barnett Use discount code DEALMAKING that gives users 30% off any subscription for the first 3 months.
***New Video Alert!What’s more important to you?Money or time for personal pursuits and relationships?This week, I take a stab at how to value your time and some very important considerations you need to make before you get into business.Watch this week’s video here: https://youtu.be/KwNwBaZA1WA CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Trace wants to know the difference between online businesses and real-world ones.Finance, operations and will there be a buyer for his business when he’s ready to sell?Which one has the greater potential for trouble?Watch this week’s video here: https://youtu.be/S4Ts-jyQxh4 CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Rob says that only the ‘privileged’ will survive in entrepreneurship.Let’s read his story and I’ll share with you what I think and analyze the clues that he leaves behind which reveal his business acumen.Or, lack thereof.Watch this week’s video here: https://youtu.be/TrTx1gxCWAM CheersSee you over on YouTubeDavid C Barnett
Lessons from the auto repair industry.New Livestream guest- Murray Voth- RPM Training.I’m happy to have Murray join me on a live broadcast.He’s been in and around the automotive industry for his entire career and now he works with auto shop owners helping them make their businesses better.Tune in and as we’ll be discussing service, pricing and setting customer expectations.This is a ‘must see event’ for anyone who owns or will own a business that caters to the public.Yes- I will ask him for tips on how to impress sellers in this industry. It’s a target-rich subgroup of owners.Find Murray online at https://www.rpmtraining.netLearn to buy a business at https://www.BusinessBuyerAdvantage.comLearn more about Bank On Yourself at https://www.NewBankingSolution.com
***New Video Alert!I had a meal the other day with a small business owner.He has a very popular service that doesn’t make him any money.What can he do?Why is pricing review so important?I will get into it this week and give some advice about how to do it.Watch this week’s video here: https://youtu.be/t_FpX1zr_7k CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!I get frequent questions about choosing an industry or type of business.In today’s video, I explore Michael Porter’s ‘5 Forces’ within the lens of small business.Watch this week’s video here: https://youtu.be/3_Ejjrdo-cU CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Liam has an MBA, industry experience and a desire to own a business.So, why does he suffer from fear and a lack of confidence to do a deal?I’m no psychologist, but I do have some advice based on my observations over the years that might help him out.Watch this week’s video here: https://youtu.be/xGQJMnmEPsQ CheersSee you over on YouTubeDavid C Barnett
Jon Matzner and the Boomer Bummer SmallBiz!New Livestream guest- Jon MatznerI’m happy to have Jon join me on a live broadcast.Jon has bought a business, grown it to over 25 locations.He’s got a big social media following and speaks often about entrepreneurship through acquisition.Tune in and we'll be discussing The Boomer Bummer!AKA- What happens when you do a dumb deal in the SMB world.This is a ‘must see event’ for anyone who lacks real world business experience but still wants to pursue a highly-leveraged acquisition transaction.Find Jon online at https://twitter.com/MatznerJon Learn business systems at https://www.EasySmallBizSystems.comLearn cash flow forecasting at https://www.BizPlanSchool.com
***New Video Alert!This high-income viewer is excited. He’s got a complex financial background but shares some of the same misconceptions as others who are new to the SMB marketplace.Let’s explore his questions because there is a lot that we can learn from them.Watch this week’s video here: https://youtu.be/cf1g0sxzyTM CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!In the world of small business investing, we try to separate operating businesses from real estate because the assets are different and are valued in different ways.But what if the business IS Real Estate?Marinas, campgrounds, Bed & Breakfasts, motels, etc?What different considerations are in place and how do we know we’re making an offer that makes sense?Watch this week’s video here: https://youtu.be/a-nFc0riJZc CheersSee you over on YouTubeDavid C Barnett
Big Brand Output- Small Business BudgetNew Livestream guest- Jaci RussoI’m happy to have Jaci join me on a live broadcast.Jaci has decades of experience working with companies to craft the right branding and implement strategic plans to make sure this brand works its way into every level of the organization.In particular, she’s worked with many small businesses through the Brand State U project.Tune in and as we’ll be discussing rebranding after an acquisition, Strategic Branding Plans and Rebranding a Holdco.This is a ‘must see event’ for small business owners and those with aspirations to become one.Find Jaci online at https://www.BrandStateU.comhttps://www.JaciRusso.comand on LinkedIn at https://www.linkedin.com/in/jacirusso/
***New Video Alert!Charan wants to bring in an investor to help buy a business.The investor wants their money back in 2 years.So, how much of the profits should he commit to repayment of this investment?Watch this week’s video to see all the red flags this question seems to reveal: https://youtu.be/wt3pPN915GA CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Mono has found an explanation of how to buy a house and keep it’s 2021 mortgage rate.Is this really possible?What do I think?AND- how can this creative stuff be applied to small business deals?Learn all about it in this week’s video: https://youtu.be/0RdqvpkyMME CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!You want to earn more and build a better company?Invest some time in learning or improving these skills.That investment will pay dividends for LIFE.Find out what they are in this week’s video: https://youtu.be/tQuX3QVer4kCheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Happy Holidays!We’re about to enter a new year and so today I discuss what I think my best content was of 2023 and what you can expect next year.Also- the way to access over 13 hours of private content that you can learn from.Find out in this week’s video: https://youtu.be/DPS5J5j2tq4 CheersSee you over on YouTubeDavid C Barnett
Here's a festive treat for everyone!There's no better way to embrace the holiday season than by gathering with loved ones for a joyous feast or celebration. In the true spirit of the season, I'm thrilled to announce that I'll be continuing my tradition of hosting a special Christmas Eve live event.Join me on YouTube Live this Friday, December 22nd, at 1 PM Eastern Time and 2 PM Atlantic Time for an unforgettable experience that's expected to last around 4 hours. We'll have engaging conversations with some special guests, reflecting on their 2023 experiences and offering insights into what the upcoming year may hold. Get ready for an afternoon filled with laughter, warmth, and anticipation for the adventures that lie ahead!Rocky Lalvani, Host of the Richer Soul and Profit Answer Man podcasts. Rocky coaches entrepreneurs to implement the Profit First system in their businesses. https://profitcomesfirst.com/Mike Finger, a former business owner, business broker and consultant who helps business owners prepare their businesses for sale. Mike is also the co-host of my new show Your Exit Squad. I’m sure we’ll be sharing some of the details of this program as season 1 is about to be released. https://www.ExitOasis.com https://www.YourExitSquad.comHenry Lopez, former car wash and suite salon owner and current co-working space and frozen yogurt shop owner will be visiting too. Henry is also a business coach and the host of the How of Business Podcast. https://www.thehowofbusiness.com/Aaron Baer Providing Practical Legal Advice to Clients an entrepreneur first and a lawyer second - which allows him to tackle legal issues by putting himself in your shoes. https://www.rennoco.com/Patrick Dichter has successfully executed a search for a CPA/Bookkeeping firm without being a CPA! He is now growing this company from being highly regional to a national service provider. https://www.appletreebusiness.com/Lisa Forrest has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs.https://www.linkedin.com/in/forrestlisa/Mark Willis, from Lake Growth Financial. Mark is a channel sponsor and helps people secure his client’s financial future with the Bank on Yourself system. https://www.NewBankingSolution.comMarc Mawhinney, Three-time business owner and business coach to coaches will be stopping in. Marc is the host of the Natural Born Coaches Podcast. https://www.naturalborncoaches.com/Finally, I’ve got Rick Nicholson who will be visiting near the end. Rick has owned seven different food/coffee businesses over the years and is a Wizard of Ads partner with Roy H Williams’ Austin, TX based organization. He’s also appeared this past year as a live guest on the YouTube channel. https://wizardofads.org/ As a live event, if you can join us during the broadcast, you’ll be able to post comments that I’ll be able to see and so it could be quite interactive for us.If you can’t make it and want to submit a question for me or any of the guests, just hit ‘reply’ and send me a note right now.If you can’t make it to the live broadcast, the recording will be available for you to see later and I’ll put the audio on my regular podcast feeds as well.See you!CheersDavid Barnett-Do Business with David using these incredible internet links...- David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com- Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com
***New Video Alert!Several people have asked if they need to get a business broker to help them buy a business.No, you don’t.But, it opens up a huge conversation about co-operation of brokers, fiduciary duties, agency relationships and more…Like, who actually does protect your interests when you buy a business and makes sure you do a good deal?Find out in this week’s video: https://youtu.be/-j_YCWTpqzw CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Mickie KennedyI’m happy to have Mickie join me on a live broadcast.Mickie Kennedy has been working in the promotion, public relations and press release industries for years.Tune in and as we’ll be discussing how small businesses can take advantage of the media’s appetite for news in a cost-effective way.This is a ‘must see event’ for business owners and anyone who will one-day own one.Find Mickie online at https://www.ereleases.com See also my interview with PR and Communications Expert Janet Falk in the summer of 2022: https://youtube.com/live/kvFFiv3yWM0
Find the original show notes and the hosts main podcast page here:https://buyingonlinebusinesses.com/ep-249-ma-negotiation-strategies-growth-by-acquisition-blueprints-with-will-smith-david-barnett/
***New Video Alert!I tell the story of 4 young men who had a unique system set up to accumulate capital and de-risk their first acquisition.Are you serious about buying a business?Do you have colleagues or friends who are equally serious?This might be something to get the wheels turning in your head…The new video is here: https://youtu.be/Reayari3NBY CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Heather EndresenI’m happy to have Heather join me on a live broadcast.Heather Endresen has decades of experience in helping people obtain SBA loans while working as a banker. She’s now got her own brokerage up and running and is helping entrepreneurs in new ways.Tune in and as we’ll be discussing how SBA loan brokerage works and what the advantages of a broker can be.This is a ‘must see event’ for US entrepreneurs who want to learn all the tricks to accessing capital.Find Heather online at https://www.linkedin.com/in/heather-endresen/https://twitter.com/EndresenHeatherhttps://visocap.net/
***New Video Alert!We’ve all seen the clickbait articles about AI and the small business world.Is it true?Can AI really help you buy a small business?I explore this in today’s video which has a particularly entertaining ending….The new video is here: https://youtu.be/Omo9zCrhLJQ CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Edward CoambsI’m happy to have Edward join me on a live broadcast.Edward has years of experience in financial and retirement planning but is ALSO a certified Marriage and Family Therapist Associate in the State of North Carolina.Tune in and as we’ll be discussing how small business and entrepreneurship can affect your personal relationships.This is a ‘must see event’ for anyone who wants to try and win in both of these aspects of life.Find Ed online at https://www.healthyloveandmoney.com/See you there!David C Barnett
***New Video Alert!Should you be looking at SDE or EBITDA?When do we use each and what is the difference?It’s important.The new video is here: https://youtu.be/pB1ZXBuilEs CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!Do you love statistics?I love statistics too. This week, I review the BizBuySell 2023 Q3 Insights Report and let you know what I think.The new video is here: https://youtu.be/9zoeUaR_gPw CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!What multiple should you pay?What makes sense?Today, I dive into a very common industry to demonstrate the problems with the xSDE method of valuing a business.The new video is here: https://youtu.be/ugYPs7tuD8g CheersSee you over on YouTubeDavid C Barnett
***New Video Alert!One of you applied for a job as a business broker and was told that ‘closing the deal’ was tough to do.Do business brokers close deals?I don’t think so.Watch my opinion and see what you think.The new video is here: https://youtu.be/Ze6r58WdEKo CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Conqueror of Chaos Susan Fennema.I’m happy to have Susan join me on a live broadcast.Susan runs a consulting firm that helps small businesses get organized with workflow tools that you’ve likely heard of.Things like Teamwork, HubSpot, Process Street, PandaDoc, Jobber, Asana or Monday.com.Tune in and as we’ll be discussing how small businesses can tackle the top 5 bottlenecks:- project management- invoicing- sales- payroll- HR (onboarding, interviewing, recruiting, etc)And the big bonus: working in their own emailThis is a ‘must see event’ for anyone who owns a small business or might one day.Find Susan online at https://beyondthechaos.biz/
***New Video Alert!How can Zafer value his small grocery store?Is it as simple as adding up the contents and then adding some goodwill value?What should this goodwill amount be?We dive in to one method which attempts to do this… Assets + SDE.Watch it here: https://youtu.be/u76t1zunMEk CheersSee you over on YouTubeDavid C Barnett
Four other online content creators and I pitched a panel discussion about Linkedin for promotion and networking to the FinCon 2023 speakers committee.We were rejected. :(So, we met anyway and recorded this session for anyone who wants to learn some tips and tricks about using LinkedIn to promote themselves or a business. Enjoy.The other people on with me are:Scott Carson- https://www.linkedin.com/in/1scottcarson/ Clifton Corbin- https://www.linkedin.com/in/cdcorbin/ Wendie Veloz- https://www.linkedin.com/in/wendieveloz/ Flint Jamison- https://www.linkedin.com/in/flintjamison/
***New Video Alert!Why aren’t brokers and sellers getting back to you?One business seller shares his story.Avoid this by learning an important skill… Demonstrating the ability to close.Watch it here: https://youtu.be/wwYLHtmrW1QCheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Ray Drew aka ‘SBA Ray’I’m happy to have Ray join me on a live broadcast.Ray is a podcast host in the SMB lending space and a Managing Business Development Officer at Fund-Ex Solutions, a non-bank SBA lender.Tune in and as we’ll be discussing the whirlwind of change that’s been happening this summer with SBA 7(a) loans.This is a ‘must see event’ for American business owners and searchers.Find Ray online at https://www.sbaray.com/
***New Video Alert!In the world of real estate, if a house doesn’t sell, we see a price reduction.Why doesn’t this seem to happen in SMBs?Why does it take so long for prices to change if at all?It has to do with the way the market works… or doesn’t.Watch it here: https://youtu.be/-vCXDk16zb0 CheersSee you over on YouTubeDavid C Barnett
Find Henry's original show notes and information here: https://www.thehowofbusiness.com/493-david-barnett-build-vs-buy/
***New Video Alert!In the world of buying and selling businesses, we often discuss seller financing.Well, this week, I bring on guest Mark Podolsky who sells bare land and finances his buyers.We discuss how the terms of sale have a big impact on the prices he achieves.Watch it here: https://youtu.be/V5ro0cnjb3YCheersSee you over on YouTubeDavid C Barnett
***New Video Alert!I got a question from an email subscriber asking what multiple of SDE he should pay for a business to justify the risk of leaving his job.Good question. I think I give a pretty justified response.Watch it here: https://youtu.be/DArwVgBI3hU CheersSee you over on YouTubeDavid C Barnett
E2 Visa via Franchise: Challenges & Opportunities New Livestream guest- Jeremy BollingtonI’m happy to have Jeremy Bollington join me on a live broadcast.Jeremy Bollington has helped entrepreneurs achieve freedom through franchise ownership.Tune in and as we’ll be discussing the challenges and opportunities of using a franchise investment to facilitate an E2 visa entry into the United States..A ‘don’t miss’ event for global entrepreneurs who are considering a move to the USA.See all my videos relating to franchises here: https://www.youtube.com/playlist?list=PLqomziNDpylW_RSu9OOa2ix8HHIlPDQ33 See my interview with attorney Aga Asbury all about E2 visas here: https://youtube.com/live/BmLTKq0lJiE Find Jeremy online at: https://www.linkedin.com/in/franchise-expert/ Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
***New Video Alert!I invited three other SMB show hosts to come and share stories and answer questions submitted by you.Ryan Condie – Let’s Buy a BusinessJaryd Krause- Buying Online BusinessesWill Smith- Acquiring MindsCheck out how we answered your questions here: https://youtu.be/Gro7k-CgKFs CheersSee you over on YouTubeDavid C Barnett
New Livestream guest- Alex BridgemanI’m happy to have Alex join me on a live broadcast.Alex is the host of Think Like an Owner podcast and formerly the publisher of The Operator’s Handbook.Tune in and as we’ll be discussing some of the common themes he’s observed after interviewing hundreds of successful business searchers. This is a ‘must see event’ for people who want to buy a business.Find Alex online at https://tlaopodcast.com/and on LinkedIn at https://www.linkedin.com/in/alex-e-bridgeman/See you there!David C Barnett
***New Video Alert! Paul sent in an email asking about some advice he saw about buying businesses in a Dave Ramsay video. Does Dave know what he’s talking about? I mean, he said ‘multiply by 4 or 5.’ Let’s listen carefully and analyze this advice… Watch it quick before Dave gets the video pulled: https://youtu.be/rcOy6xhdXAY Cheers See you over on YouTube David C Barnett
***New Video Alert!Several people have asked me about claims they see online about using a seller’s own cash as a source for a down payment when buying a business.Is this possible?How would it work?What conditions would be necessary, and could you repeat this over and over?Let’s examine these claims here: https://youtu.be/5RDZharc_w4 CheersSee you over on YouTubeDavid C Barnett
Real Callers join David and he helps them with their deals.Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.comWant a private call? https://www.CallDavidBarnett.com
I get to see a lot of people’s spreadsheets while they work on deals. Some are homemade. Some are templates. Many have problems. I tell you what I like to see in an analysis tool and show you the one I use with my students. Watch here now on YouTube if you want to see what I'm talking about. https://youtu.be/155FlwJj5tA Cheers See you over on YouTube David C Barnett
Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
***New Video Alert! My AI video helper has suggested I make a video about getting rich by buying boring businesses. Should I? What on Earth makes a business ‘boring?’ and why has this term started to circulate heavily. I’ll lay out the game plan for you in today’s video. Watch here now: https://youtu.be/SyDUKm1tufw Cheers See you over on YouTube David C Barnett
Original Show Notes: In this episode, I speak with David Barnett who specializes in helping individuals with buying, selling, and improving businesses.
David's has an extensive business background, from his experience in advertising sales to starting various businesses, including a commercial debt brokerage house, which led him to the field of business brokerage. He has since become a consultant for business buyers and sellers, providing guidance and evaluation.
The conversation touches on how David's teaching skills and ability to explain complex topics make him an effective resource for entrepreneurs. We also emphasize the significance of understanding the terms of a business sale beyond just the price, with a focus on structuring deals that suit both parties.
He has published several books and online courses on the topics of small business, franchising, cash flow and selling businesses privately. Three of his books have been Amazon Best-Sellers; 'Invest Local,' 'Franchise Warnings' and 'How To Sell My Own Business.'
Barnett regularly consults with professionals and banks on business and asset values. Presently he also works with entrepreneurs and would-be entrepreneurs around the world who are buying, selling or trying to improve their businesses.
Learn more: DavidCBarnett.com
To learn more about Jennifer and how to thrive on your purpose, visit www.souljourneys.ca
New Livestream guest- Kelcey Lehrich & John Wilson I’m happy to have John and Kelcey join me on a live broadcast. These two guys own multiple companies! How do they do it? Tune in and as we’ll be discussing the challenges of owning multiple businesses and continuing to buy more. There is so much to talk about that they created a conference last year and will be doing it again in September. This is a ‘must see’ conversation for business owners who want to grow into a Holdco, Multi-business owners, Lenders and Investors and Entrepreneurs.
Find out more and sign up at https://www.holdcoconf.com/ Use Code 'DCB' to save off ticket prices.
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
***New Video Released today… It may not be as easy as you think to keep both of these things on track. There are three factors to consider: Your job and its characteristics. The business and it’s ability to suck you in to operational issues… AND- Help. Watch here now: https://youtu.be/ubAC-SwuJNs Cheers See you over on YouTube David C Barnett
Lisa Forrest, Director of SearchFund Lending at Live Oak Bank. Live Oak is the biggest SBA lender in America. We will be discussing the much-anticipated new rules. I’m happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs. Email Lisa at lisa.forrest@liveoak.bank David C Barnett
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
Why it makes sense to take the time to get out there and meet sellers in person. It’s easy to get distracted and miss important non-verbal cues when you’re using video chats. Here are 9 reasons why it makes sense to take the time to meet face-to-face and some ways to make these meetings more productive. AND- I’ll tell you about how some of my clients have won the best deals because they laid stronger relationship foundations face-to-face. Watch here now: https://youtu.be/oaIKIrnQ_ZU Cheers See you over on YouTube David C Barnett
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
You’ve seen the offers and the claims.. can you really learn to consistently buy a business with no money? Maybe someone, somewhere pulled it off… but the guru who claims to have done it many times and has taught many how may be lying about a lot. This week, I interview Clinton Lee who got sued in court by Jonathan Jay for pointing out facts that Jay didn’t want revealed. The bully-tactic backfired and today, Lee is sharing his story with the world and asking for your help to warn others. Watch the amazing interview here now: https://youtu.be/6Vc3ghgvOAI
We refer to these websites and more… Clinton’s Linkedin Post referred to in the video: https://www.linkedin.com/posts/clintonleeuk_onepoundcharlie-buyabusiness-carterruck-activity-7089142255961157632-scc1/ Buy a Business with No Money (real) info: https://www.investlocalbook.com/p/buy-business-with-no-money.html How to deal with the students of these programs as a business seller: http://ukbusinessbrokers.com/how-to-deal-with-1-charlies-from-the-dealacademy/ Mike Winnet’s Contrapreneur video: https://youtu.be/vC5cmW8O3L8 The Nursery World article about Welcome Nurseries (JJ’s bankrupt company): https://www.nurseryworld.co.uk/news/article/welcome-nurseries-debts-estimated-to-top-more-than-3m
Links to do business with me… Learn how to buy a business in a risk-controlled way that makes sense https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
Here’s why owners are outcompeting newbies in the fight to acquire the best businesses. To buy a business, you need to be able to impress the seller and the banker. You need the best efforts from the accountant and the lawyer. You need to be able to get the best performance from employees. The deck is stacked in favour of owners vs. newbie buyers. See how… Watch here now: https://youtu.be/EnXLDD2BQg0 Learn how to buy a business in a risk-controlled way that makes sense https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Eric J Gall, Broker at Edison Business Advisors I’m happy to have Eric join me on a live broadcast. He has corporate experience managing small business spin-outs from big companies and has transitioned into the business brokerage and M&A industry. Tune in and as we’ll be discussing his experience with corporate sellers, and, in particular the challenges of businesses with a lot of equipment value. This is a ‘must see event’ for anyone who might want to buy a piece of a large company when the opportunity arises or someone who is into ‘big iron.’ Find Eric online at https://www.edisonba.com/
Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba
If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
Winter’s in Brazil are just the beginning. Seasonal businesses get a bad rap. Let me show you how dealing with the issues of these businesses can actually make you a better businessperson. Watch here now: https://youtu.be/XgO6UHJ4yKc Learn to make better cash flow forecasts: https://www.BizPlanSchool.com Learn to make better systems in your business: https://www.EasySmallBizSystems.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
The next chapter is waiting for you. You’ve tried everything and now your heart and soul just aren’t in it anymore… Here’s the plan on how to make and execute an ‘Out of Business Plan.’ Watch here now: https://youtu.be/hBnzdXwKQLk Other videos I mention: Bankruptcy Trustee Doug Hoyes interviewed: https://youtube.com/live/wkxkvNrod0c?feature=share Debt negotiation with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0?feature=share Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Change and Hiring in today’s economy New Livestream guest- Greg Griesemer I’m happy to have Greg join me on a live broadcast. Greg has spent over 20 years in the recruitment and retention business. He knows how to find the right employees who will be a great and lasting fit into an organization. Tune in and as we’ll be discussing trends in hiring and retention and how smaller companies can compete with big business in this new world of hybrid work environments. This is a ‘must see event’ for anyone who’s going to be hiring now or in the future. Find greg online here: https://www.1130.works/
Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba
If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
These two men wanted to know how to deal with the seller’s challenge… How will you be able to run my business with the level of debt you intend to take on? Great question. How do you deal with this objection? By embracing the notion that you may not know the answer and asking for help. From the seller! Learn more about the potential bonus of finding an empathetic seller in today’s video: Watch here now: https://youtu.be/ByFY5NOYISA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Real Callers join David and he helps them with their deals.
Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com
Want a private call? https://www.CallDavidBarnett.com
This special recording will only be available until Canada Day, July 1st. Enroll today at: https://www.BusinessBuyerAdvantage.com
Chess747 wants to know if a bad credit score prevents him from getting seller-financing. He’s wondering if a bad credit score from a previous business failure will hold him back. In this week’s video, I discuss the score with respect to seller notes AND Draw your attention to other factors that you may not be considering AND Share some of the advice I’ve given to others who suffered from low credit scores while in the pursuit of buying a small business. Watch here now: https://youtu.be/RlyXMhptLIA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
Book your own call with Mark at https://www.NewBankingSolution.com
New Livestream guest- Mark Willis of Lake Growth Financial Services I’m happy to have Mark Willis come back for a 6th time to join me on a live broadcast. Mark helps people better manage their financial resources through the Bank On Yourself Insurance System. Tune in and as we’ll be discussing how people in my audience just like you have used this system. This is a ‘must see event’ for anyone wanting to better manage their finances in their personal or business life. Be sure to join live so that you can ask questions, replay will be available.
Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
What’s the problem with that Broker NDA you’re about to sign? Maybe lots… Are you comfortable sharing your financial information? Maybe you should be… Could you be opening yourself to added liabilities? Maybe… Here are two big issues with Broker NDAs and how I sometimes advise people to avoid them. Watch here now: https://youtu.be/wHxYmcrcq4M Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
Guess who’s 5 years Old?? New Livestream – Business Buyer Advantage Group Coaching - 5th Anniversary party!! I’m happy to have a few members of the Business Buyer Advantage Group Coaching program come join me on a live broadcast. These are people like you who are actively looking at business deals trying to find the right one AND- some who have already done a deal. Some more than one. Tune in and as we’ll be discussing what it’s like to search for and buy a small business and what membership in the group means to these members.
Learn more about how I help people buy businesses at https://www.BusinessBuyerAdvantage.com And specifically about the group coaching program at https://www.BusinessBuyerAdventure.com
Ottawa I'm happy to announce that I've been invited to come and speak in Ottawa to small business owners about how they can Build a Business That People Will Want to Buy.
If you or a small business owner you know is stuck in the day-to-day of their small business and needs help to grow and thrive, this workshop is for them and it's being held Saturday, July 29.
Early Bird tickets are available and you can learn more about it and get tickets here: https://www.eventbrite.ca/e/build-a-business-that-people-want-to-buy-david-c-barnett-tickets-651037078427
business #smallbusiness #businessowners #SMB #entreprneur #entreprneurship #ottawabusiness
The 5 big questions you want to ask when analyzing any franchise. Jennifer asks about whether I can help her analyze a fanchise. Yes, and- here are the top 5 things I think about when I do… Watch here now: https://youtu.be/GkcSQNk2gPs Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
New Livestream guest- Doug Hoyes I’m happy to have Doug join me on a live broadcast. Doug Hoyes is a Licensed Insolvency Trustee in Kitchener, Ontario and co-founder of Hoyes Michalos. Tune in and we’ll be discussing problems that people get into with money and debt when they buy a business. While Doug takes care of people going bankrupt or filing creditor proposals in Canada, I’m sure the lessons shared will be valuable for business buyers around the world. This is a ‘must see event’ for anyone considering a business purchase.
Find Doug's show online here: https://www.youtube.com/c/DebtFreein30
Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Tony’s back (ep 110), and his view of his business has changed dramatically. Tony and Bob (ep 111) walk us through the early steps they are taking to change Tony’s business so it can create the results he’s seeking. https://www.thegrowthcoach.com/north-indianapolis/
Subscribe to Your Exit Squad video at https://YourExitSquad.com
Audio feed at https://anchor.fm/YourExitSquad
RSS at: https://anchor.fm/s/d91595e4/podcast/rss
Business owners, apply to be a guest at https://YourExitSquadGuests.com
Business service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com
Notes:
Learn more about David: https://www.DavidCBarnett.com
Learn more about Mike: https://www.ExitOasis.com
smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Finding a direction for your small business doesn’t happen by accident. It takes intentional effort, and a few key questions. Bob Paden helps small business owners move from wasted effort to real results. Bob Paden is a YES Partner. https://www.thegrowthcoach.com/north-indianapolis/
Subscribe to Your Exit Squad video at https://YourExitSquad.com
Audio feed at https://anchor.fm/YourExitSquad
RSS at: https://anchor.fm/s/d91595e4/podcast/rss
Business owners, apply to be a guest at https://YourExitSquadGuests.com
Business service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com
Notes:
Learn more about David: https://www.DavidCBarnett.com
Learn more about Mike: https://www.ExitOasis.com
smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Tony was excited when he bought his auto detailing business, but he very quickly discovered that its past success isn’t enough to take him where he wants to go. How can he change the business to create the results he needs?
Subscribe to Your Exit Squad video at https://YourExitSquad.com
Audio feed at https://anchor.fm/YourExitSquad
RSS at: https://anchor.fm/s/d91595e4/podcast/rss
Business owners, apply to be a guest at https://YourExitSquadGuests.com
Business service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com
Notes:
Learn more about David: https://www.DavidCBarnett.com
Learn more about Mike: https://www.ExitOasis.com
smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
The value in Low SDE businesses. Having trouble finding a business that makes sense to you? Maybe you should be hunting for something smaller. Watch here now: https://youtu.be/Wut1bsBpt90 Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
New Livestream guest- Brenden Kumarasamyhttps://www.rockstarcommunicator.com/https://youtube.com/@MasterTalksI’m happy to have Brenden Kumarasamy join me on a live broadcast.Brenden Kumarasamy has teaches people how to be more effective at communication and public speaking.He’s a coach and host of his own YouTube channel.Tune in and as we’ll be discussing how entrepreneurs, business buyers and others can be more effective at speaking and communication.This is a ‘must see event’ for everyone who wants to make sure they can’t be replaced by AI!Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Sometimes the small business exit doesn’t go like you hope. Tracy’s story shows how quickly an owner can go from small business bliss, to tragic tale. https://www.linkedin.com/in/traceysamlowstarr/Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Was Mrs. Wilson a conwoman or just ill?Tune in today to hear the amazing story of how a bounced cheque helped me save some strangers $100,000 or more.But, more importantly, how can the story help to protect you from losing money.Watch here now: https://youtu.be/zS0eDvlzXoY Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
New Livestream guest- Evelyn L. Ackahhttps://ackahlaw.com/ I’m happy to have Evelyn join me on a live broadcast from her Calgary, Alberta Headquarters.Evelyn has been practicing law in the area of immigration since 2010 helping people come to Canada and helping Canadians work and live in the US.Tune in and as we’ll be discussing how people can use entrepreneurship and business acquisition as a way to move legally to Canada.Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baIf you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Dan’s back (ep 106), and the changes in the business are pretty amazing. How did he go from waiting and hoping to creating the transition he wanted?https://coachmattcarle.com/Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
What does good coaching have to do with running a business well? Matt Carle knows the answer. Matt Carle is a YES Partner. https://coachmattcarle.com/Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Dan needs help with a business exit, but not his own. He’s ready to own the family business, but he can’t until his dad and uncle step down. What can he do to help make that happen?Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Who do you think listens/watches David online?Earnings, Age, Education…I cover it all and let you know about the experience and intentions of your fellow viewers.It’s truly fascinating data.Watch here now: https://youtu.be/1WBZ1D7sM4E Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
Do you know what it takes to exit a small business? Are the things you believe accurate? In this episode the hosts tell their business exit stories, and reveal why Your Exit Squad exists.Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Evil is a strong word.Most people who follow me are interested in learning how to buy a business and find deals.These new rules may appear to make it easier to pay for a business, but when you examine them, it’s not necessarily anything ‘good’ for a buyer.So, if something isn’t ‘good,’ does that make it ‘evil?’Depends on your take.If you’re in the market for a US business, these changes WILL DEFINITELY have an impact on what you’ll see.Watch here now: https://youtu.be/wwUyQ-ePXk4 Asset vs Share explainer video: https://youtu.be/HgDLgwbXgj0 Is 90% SBA financing a good idea video: https://youtu.be/-ocQGY2LuGE Lies about ROI video: https://youtu.be/74ISnsgtwlM Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0
Jeff is back, and his business is changing. In this show we talk with Jeff (ep 102), and Matt Baker (ep 103), about the changes being made at his tile laying business.Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
How do you go from turning a wrench to turning around your auto shop? Today we meet Matt Baker who built, and then re-built his auto repair shop into a thriving business.Then he sold it! Matt Baker is a YES Partner.https://www.linkedin.com/in/matt-baker-5690575a/Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Is it your muscle, or your mind? If you own a small business in the building trades you better be ready to use both. In this show we get introduced to Jeff, who owns a small tile business. Jeff knows that his time “doing the work” is limited. So how does he change and grow the business before his knees give out?”Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
How the buyer/seller/broker interaction really should go…So, you inquire about a business for sale and then are asked for an NDA.Once you sign, they send over the information package.That’s how it goes right?No, not with brokers who know what they’re doing…Watch here now: https://youtu.be/HiM4HfwVnQE Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
What are two ways you can successfully exit a small business? You can run it absentee, or you can sell it, or maybe you’ll need to do both? Our guests today tell their story of building and exiting a coffee shop business, first by setting it up to run independently, and then by selling it.Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
The making of Your Exit Squad. What's it about and what to expect.Subscribe to Your Exit Squad video at https://YourExitSquad.comAudio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.comBusiness service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www.ExitOasis.com#smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #smb #equity #buyabusiness #investors #sellabusiness #sellmybusiness #exitplanning #businessbroker #bizbroker #businessbrokers
Spotify https://open.spotify.com/show/0IXJd3NPWHwZM1hZuIyBqv Apple https://podcasts.apple.com/ca/podcast/david-c-barnett-small-business-and-deal-making-m-a-smb/id1234025671 Amazon https://www.amazon.com/David-Barnett-Small-Business-Making/dp/B08K58H3XW Stitcher https://www.stitcher.com/show/david-c-barnett-small-business-deal-making Soundcloud https://soundcloud.com/dbarnettmoncton CheersDavid C Barnett
Jon found this war-time list and I wanted to share it with you because these bad actors will find their way into your business one day.You need to spot the behaviours and stop them fast.Watch here now: https://youtu.be/H-KRc8x5iTA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Kelly Nelson from TCI Business CapitalI’m happy to have Kelly join me on a live broadcast.He has over a decade of experience helping companies with operating capital solutions to get money in the door more quickly.Tune in and as we’ll be discussing factoring of accounts receivables.What is it? How does it work? Are the things you’ve heard true? Who will it work for?This is a ‘must see event’ for any business that waits to get paid from other businesses.Email Kelly at knelson@tcicapital.com Web https://www.tcicapital.com/Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba See my interview with Kenny here: https://youtube.com/live/-t7W2CVWuy0 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
I was a guest on the empire flippers podcast.Original shownotes here: https://empireflippers.com/buying-a-small-business-tips/
Tips for buying a business in the face of a recession.Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Rebecca wants to know if it’s a good idea to buy when a recession is likely here.It all depends on what you know how to operate.It all depends on the information you have available to run the business.And.. you need to avoid this trap.Watch here now: https://youtu.be/yz4K29zOPxk Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Stacey Brown RandallI’m happy to have Stacey join me on a live broadcast.She’s made all the common mistakes in business and now works to help make sure you’re maximizing your referral opportunities via having the right systems.Tune in and as we’ll be discussing how you can start taking a systems approach to generating referrals from happy clients.This is a ‘must see event’ for anyone who owns a business or will one day, in particular those who sell highly priced products or services.https://www.staceybrownrandall.com/Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baIf you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Buying a company isn't just about the numbers on the balance sheet; it's about uncovering the hidden gems and potential pitfalls that can make or break a deal. In this episode, three-time best-selling author and entrepreneur David Barnett talks about buying, merging, and acquiring companies. David shares his expertise on the intricate process of acquiring a business, including the tea leaves and surprises that could come along the way. He shares what the ultimate expression of a well-planned business is. Drawing from his personal experience on both sides of the acquisition process, he provides helpful tips for those considering this route. David also touches on the difference between business and real estate, the drive of culture in small businesses, and more. This episode is a must-listen for anyone looking to expand their company through acquisitions. Join us as we explore the art of buying, merging, and acquiring companies.Find the Generate Your Value podcast at https://www.generateyourvalue.com/copy-of-podcast
When/how should we use a tool like Phantom Stock in running a business. Should the employees get excited about it or not?Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Erica wants to know about Phantom Shares.Is this something to be excited about or is it just a scam to get employees excited?Today, I discuss the pros and cons of these programs and why a business owner may want to consider it over the alternative.Watch here now: https://youtu.be/xfNjnJ9D5YE Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Jaryd KrauseI’m happy to have Jaryd join me on a live broadcast.Jaryd has been investing in online businesses and teaching others how to find, buy and renovate online businesses for years.He’s the host of the Buying Online Businesses Podcast and we first met when he came on my show in 2019!!Tune in and as we’ll be discussing how the world of online businesses is changing in 2023 and what to watch out for if you’re considering one of these businesses.This is a ‘must see event’ for anyone who dreams of buying a business that provides location independence.Spencer Cornelia 'Done for you online business' video mentioned: https://youtu.be/0BY9XCKAT5MThe big fraud was 'JP Morgan buying Frank' learn more here: https://youtu.be/tanAbAKy6nA Jaryd's Podcast: https://buyingonlinebusinesses.com/podcast/Jaryd's 2021 appearance: https://youtube.com/live/Dg_aZQ06_C0 Oct 2021-Online Businesses are passive income? https://youtu.be/BlMOO4F5epw Jaryd's 2019 appearance: https://youtu.be/oEfl9Ex9CXY Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baIf you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Does it make sense to get into business ASAP or to build your reserves first? The 10-year question…Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Johnathan has a small amount of money.Should he use it all to buy a ‘starter business’ and hope to learn along the way?Or- does it make sense to gain experience and build up his money in a corporate job and buy a bigger business later?The root of the question is actually missing the context that drives most buyers.Let’s expand and explore in this week’s video.Watch here now: https://youtu.be/O3CRAx7XLLA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Take just one minute to visit https://www.DCBsurvey.com and fill in the questions.You could win consulting calls, online courses, a battery bank or a coaching program with David.
If it will take months to start getting paid, how can he survive as the new owner?Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Customers who pay in advance are essentially financing a business.It’s like a loan.The problem is, how/when do you recognize the earning of that money.It’s important if you’re taking over some of these contracts part way through the year.Watch here now: https://youtu.be/ta0gOH_uElQ Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Kenny ButlerFind Ken's Program here: https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baI’m happy to have Kenny join me on a live broadcast.Ken has been helping clients negotiate their way out of bone-crushing business debts for years.Tune in and as we’ll be discussing how to negotiate a settlement for high-interest business debts without the need to go to court.Kenny has been a guest of the channel before in which he discussed how he negotiated these workouts, but now he’s offering to help you do it yourself.I took his system for a test-drive, and I’m impressed.This is a ‘must see event’ for any small business owner who has trouble accessing bank credit and may need to use higher-interest borrowing products, especially if you’ve suffered any kind of business downturn such as a drop in sales.Be sure to join live so that you can ask questions, replay will be available.We’ll be going live Monday April 03, 2023 at 12 Noon Eastern Time and 1 PM Atlantic TimeSee you there!David C BarnettMentioned videos:How expensive is Merchant Cash Advance: https://youtu.be/kCLS09fXUE4Big Bank + Fintech = Expensive money: https://youtu.be/YyrkeQK2NfE Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baIf you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
New Livestream guest- Elliott HollandI’m happy to have Elliott join me on a live broadcast.Elliott owns a business called Guardian Due Diligence that does due-diligence investigations on target companies. Find them online at https://www.guardianduediligence.com/Elliott is on Twitter at https://twitter.com/ElliottEHollandTune in and as we’ll be discussing Quality of Earnings reports and other due-diligence stuff.This is a ‘must see event’ for anyone who wants to buy a business, especially a mid-market one with lots of numbers and records all over the place.David C BarnettThanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Getting a qualified buyer to respond to a listing requires some planning and facts that align…Carl is asking me for help in finding qualified buyers for his listings.What does a qualified buyer look like?Someone who can operate the business, likes the business, has money to buy the business, good credit scores and will impress the seller.What might be scaring these people away? Let’s address this today.Watch here now: https://youtu.be/YT-iZ1x3VP0 Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Joel AnkneyFind Joel on Linkedin at: https://www.linkedin.com/in/joelankney/Website: https://www.JoelAnkney.com**** Please fill in the Viewer survey at http://www.DCBsurvey.comI’m happy to have Joel join me on a live broadcast.Joel is an experienced small business attorney and author of Here’s the Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business.I read the book, it’s good.Find it online at https://www.amazon.com/shop/davidbarnettSo good, it’s now used in some universities as a text.Tune in and as we’ll be discussing the realities of small business deal making paperwork and contracts, offers, etc.This is a ‘must see event’ for anyone who wants to buy or sell a business.Be sure to join live so that you can ask questions, replay will be available.Set yourself a reminder on YouTube here: https://youtube.com/live/Vu3b9z8n4jM Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baIf you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Understanding how much a bank will lend….and why it really doesn’t matter.This week, a question about how much money you can borrow to buy a business.I don’t say how much.Instead, I show you the process on how to understand it and why even that doesn’t really matter in the end.What is important? Tune in and I’ll tell you…Watch here now: https://youtu.be/F1tMPYzmpAA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- Clint Fiore, principal of Bison Business.I’m happy to have Clint join me on a live broadcast.Clint has 8 years of experience as a business broker in Texas.Tune in and as we’ll be discussing how higher interest rates are affecting deals that he’s facilitating and what sellers may be feeling in response to this new pressure.This is a ‘must see event’ for buyers and sellers of small businesses.Be sure to join live so that you can ask questions, replay will be available.Find Clint online at https://www.bisonbusiness.comThanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
The investigation you know will likely FAIL!This week, I answer a question about how to do due diligence when buying a small business.I answer, then tell you why it likely won’t be a success and what smart buyers do about that.Watch here now: https://youtu.be/CaudTeAkWWQ Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Buying a distressed business.Is there a way to make this work?There might be, if you find just the right kind of distressed business or a seller who knows they’ll end up responsible for part of the debt.Watch here now: https://youtu.be/CaudTeAkWWQ If you’re a small business owner struggling with short-term and high-cost debts, check out this debt-relief program from Bardwell Creative. It can help you deal with the lenders without going to court. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30baLearn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Tickets and info: https://www.eventbrite.ca/e/enterpriser-conference-halifax-tickets-273690645087
Invest in a Small Business and limit your liability.Can you invest in a small business the way you can buy shares in Coca-Cola?Abdulla wants to learn how he and others can invest in a small business and not be personally liable for any bank loans.Let’s check out the options and see if we can figure this out and what to watch out for as an investor.Watch here now: https://youtu.be/gklt39rL95k Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
A wonderfully popular past guest is coming back… Lisa Forrest, Director of SearchFund Lending at Live Oak Bank.I’m happy to have Lisa Forrest join me on a live broadcast.Lisa has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs.What is changing in 2023? Interest rates, seller expectations and more.What about the experience of many searchers post-closing? We’ll ask Lisa.This is a ‘must see event’ for anyone who is buying a business in the US and may want to take advantage of the different SBA loan programs.Reach Lisa at lisa.forrest@liveoak.bankor on Linkedin at: https://www.linkedin.com/in/forrestlisa/See you there!David C BarnettThanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Comparing Small Businesses by the numbers.I get a lot of questions from analytical folks who want to understand the best target numbers to look for when analyzing small businesses.Especially when comparing several opportunities.In this episode, I’ll give you the method I teach for determining which business to pursue.Watch here now: https://youtu.be/hcJZVDkDdTM Learn how to make accurate cash flow forecasts here: https://www.BizPlanSchool.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
David’s LinkedIn Hacks.A recent event showed me how many businesspeople are not online.So, why then should you spend time trying to build a network on LinkedIn?In this week’s video, I’ll explain how I benefit from LinkedIn and why the size of your network is paramount to success.I’m also going to share my tactics that get my requests accepted.Watch here now: https://youtu.be/l-eILU6jt0E Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
How big a business should Luke buy?If he gathers all his money together, Luke says he can buy a business up to $10M.Should he?In this video, I lay out the considerations that you should be thinking about when you decide how big a business to pursue.Again, much of the consideration depends on what you plan to do after the transaction.And- I’ll tell you why getting this right will set up your business empire for years to come.Watch here now: https://youtu.be/pm3BGOcNE9I Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Avoiding personal guarantees on business loans?Can one avoid a personal guarantee on a business loan?I explore the ways in which I’ve seen them limited or avoided.But, it was a real head-scratcher to work on for sure…Watch here now: https://youtu.be/1XOhSrIB4co Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
What is the formula for a business as a going concern?If you apply the method and get a result that seems intuitively wrong, what do you do?This week I get a question from Verasen who wonders about the result of a business value formula.We need to take things back to basic principles in order to understand why the result is valid.Watch here now: https://youtu.be/TcgEaNrn3I4 Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Original show notes:Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation! That's our goal for you!Hi, I'm the Profit Answer Man Rocky Lalvani!I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike MichalowiczSign up to be notified when the next cohort of the Profit First Experience Course is available!Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutesMore about making profitability simple: http://profitcomesfirst.com/Questions: questions@profitanswerman.comEmail: rocky@profitcomesfirst.comBio: David Barnett has been working with small and medium-sized businesses for over 20 years. He has helped entrepreneurs buy and sell them. He has helped them grow. He has helped people finance them. He is the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing small and medium sized businesses and can be found anytime at his blog sitewww.DavidCBarnett.com.Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/My podcast about living a richer more meaningful life: http://richersoul.com/First 2 chapters of Profit First: https://sendfox.com/rockyThis episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one athttps://www.SMBPodcastNetwork.comMusic provided by Junan from Junan PodcastAny financial advice is for educational purposes only and you should consult with an expert for your specific needs.
In this video, I'm interviewing Aga Asbury, a business broker who can help small businesses get visas to work in the USA. Aga is an expert in the field of immigration and can help small businesses get visas for E-2 status, which is the most common visa for small businesses.If you're interested in starting a business in the USA and need help getting started, be sure to watch this video! Aga will share with you everything you need to know about the E-2 visa process, from filing the paperwork to finding the right business broker. After watching this video, you'll have everything you need to start your business in the USA!New Livestream guest- Aga Asbury, Senior Immigration Counsel at Ford Murray Law. https://fordmurraylaw.com/Learn tons about the E-2 Entrepreneur Treaty Visa.I’m happy to have Aga join me on a live broadcast.Aga made her way to the USA in her own immigration journey and is now an attorney specializing in helping people move to the States via entrepreneurship visas.Tune in and as we’ll be discussing how you can use the various entrepreneurship visas to open or buy a business in America and legally move to the country.This is a ‘must see event’ for global entrepreneurs who want to start the journey to living and operating a business in the USA.David C BarnettThanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
No profit on paper, but is this still a deal? Cortez asks about a business that makes no profits but has a lot of valuable equipment.Can the equipment allow the business to be financed?Great question. Let’s dive in…Watch here now: https://youtu.be/SUrw_kAHdgc Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Thanks John for inviting me onto your show.------Original Notes-----David Barnett is a business brokerage expert who works with entrepreneurs worldwide to help them buy, sell, and organize their small and medium-sized businesses. He is also a speaker and educator. David is the author of several books including Invest Local: A Guide to Superior Investment Returns in Your Own Community, Credit Card Advantage: Understand the Costs and Benefits to Your Business, Franchise Warnings: What You Really Need to Know Before You Buy, and How to Sell My Own Business. In this episode of the Smart Business Revolution Podcast, John Corcoran is joined by David Barnett, an author and speaker, to discuss best practices for buying and selling businesses. They talk about how David started his business brokerage company, tips to structure a win-win business sale, and how creating online content helps build trust.
An easier way to save on contracts.New Livestream guest- Wesley E. HendersonI’m happy to have Wesley join me on a live broadcast.Wesley is an experienced small business lawyer from South Carolina who has worked on hundreds of buy/sell deals and is now also the co-founder of Drafted Legal.Tune in and as we’ll be discussing contracts and paperwork for small businesses that they use with customers, suppliers and other parties.This is a ‘must see event’ for anyone who wants a better understanding of why paperwork is important and how to put it together in a cost-effective way.Be sure to join live so that you can ask questions, replay will be available.Find Wesley's firm online at https://hhlawsc.com/Drafted Legal is at https://draftedlegal.com/ use promo code 'David' to save on your order.Wesley's email is wesley@hhlawsc.comThanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Would I recommend financing 100% of the sale of this business?A Twitter user is facing a question….Should he sell his business to his 20-year employee and right hand man with 100% seller financing?Does it make sense?I asked him to book a consulting call and he didn’t. Here’s what it would have sounded like if he had…Watch here now: https://youtu.be/WiwlM0deCvs Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
New Livestream guest- John JantschI’m happy to have John join me on a live broadcast.John is the man behind Duct Tape Marketing. Have you heard of it? He’s written books, done speeches and taught about his special marketing framework.Now, he licenses this intellectual property to consultants around the world!Tune in and as we’ll be discussing small business marketing AND using licensing as a way to grow a business without the complications of franchising.This is a ‘must see event’ for people who like marketing or are looking for ways to grow revenues from something smart they’ve put together.Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
New Livestream guest- Patrick Dichter of Appleseed Business Services.I’m happy to have Patrick join me on a live broadcast.Patrick has successfully executed a search for a CPA/Bookkeeping firm without being a CPA!He is now growing this company from being highly regional to a national service provider.Tune in and as we’ll be discussing Search, tax planning, and some top tips to look out for when transitioning a business into your own ownership.This is a ‘must see event’ for anyone who wants to buy a business or owns one now.#BossUP Virtual Conference Registration: https://hopin.com/events/bossup-virtual-micro-m-a-conference Thanks to our sponsors:Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
Why is the sale of one kind of asset a secret while the other can be public?Robert has been looking at businesses and investment properties.He wants to know why business sellers ask for an NDA while building sellers do not.Let’s examine the difference between these two different kinds of assets and the motivations and FEARS of their current owners.Watch here now: https://youtu.be/qw3xwSuXI7w Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
It’s like an awards show for SMB videos…It’s easy to say that popular videos are the most loved.BUT are they the most instructional or important?I don’t think so.So, let me tell you which videos were the most-watched and then let you in on which ones I believe should have been more watched but weren’t in 2022.Watch here now: https://youtu.be/E51_OJygPu0 Here’s the playlist of the videos: https://youtube.com/playlist?list=PLqomziNDpylUfsBWwsyYGt5J_yjcPHqVr Or, listen to them all on Soundcloud: https://on.soundcloud.com/XMimG Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
My big gift to all of you.Nothing celebrates the holidays like getting together with friends and family for a big meal or a party.It’s in this spirit that I’ve decided to continue my tradition of doing a Christmas Eve live special.I’ve invited some friends to come and talk about their experiences in 2022 and what we might expect for the year to come:Mike Finger, a former business owner, business broker and consultant who helps business owners prepare their businesses for sale. Mike is also the co-host of my new show Your Exit Squad. I’m sure we’ll be sharing some of the details of this program as season 1 is about to be released. https://www.ExitOasis.com https://www.YourExitSquad.comGiuseppe Grammatico, The Franchise Guide from New Jersey who has appeared on my show discussing franchise opportunities. https://ggthefranchiseguide.com/Rocky Lalvani, Host of the Richer Soul and Profit Answer Man podcasts. Rocky coaches entrepreneurs to implement the Profit First system in their businesses. https://profitcomesfirst.com/Ted Leverette, The Original Business Buyer Advocate™ Ted’s been working with clients around the world to help them buy some impressive businesses. Maybe he’ll share some of their successes or one or two of his secrets with us this year. https://partneroncall.com/Henry Lopez, former car wash and suite salon owner and current co-working space and frozen yogurt shop owner will be visiting too. Henry is also a business coach and the host of the How of Business Podcast. https://www.thehowofbusiness.com/Marc Mawhinney, Three-time business owner and business coach to coaches will be stopping in. Marc is the host of the Natural Born Coaches Podcast. https://www.naturalborncoaches.com/Mark Willis, from Lake Growth Financial. Mark is a channel sponsor and helps people secure his client’s financial future with the Bank on Yourself system. https://www.NewBankingSolution.comFinally, I’ve got Rick Nicholson who will be visiting near the end. Rick has owned seven different food/coffee businesses over the years and is a Wizard of Ads partner with Roy H Williams’ Austin, TX based organization. He’s also appeared this past year as a live guest on the YouTube channel. https://wizardofads.org/ As a live event, if you can join us during the broadcast, you’ll be able to post comments that I’ll be able to see and so it could be quite interactive for us.Starting on the 24th, I’m going to be releasing this year’s Holiday Chat calls.I’ll be sending out one each day to people on this email list only.If you have a friend who should be on the list to get this information and those Holiday Chat calls, then send them to https://www.DavidCBarnettList.com Cheers and enjoy the holiday season.David C BarnettShow sponsors:Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com www.jeffalpaugh.com/dcb10https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.David, Ted and Mike will be at the BossUp Virtual Conference, Feb 16 and 17th, Learn more and sign up FREE here: https://hopin.com/events/bossup-virtual-micro-m-a-conference
Lee says I’m a party-pooper.All my videos lately have been scaring him off from the idea of buying a business.Is it true?Do I have a bad attitude?Or- Do I have more nefarious aims.Reverse psychology? Maybe I’ve been replaced by a doppelganger?Let’s explore the continuum from Conceptual to Pragmatic in today’s video.Watch here now: https://youtu.be/XNIvERiUWHM Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Your questions and more answered live and what's to come later this week on the channel.Show sponsors:Mark Willis of Lake Growth Financial Services. Learn how a Bank on Yourself style insurance policy can create a valuable and growing financial asset that can provide liquidity and options in business. Learn more by watching the videos at https://www.NewBankingSolution.com https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.
New Livestream guest- Chris Croner, Ph.D. from Chicago Illinois.Learn more about the assessment tool at https://www.salesdrive.infoI’m happy to have Christopher Croner join me on a live broadcast.Chris has had an incredible career studying the habits, desires, and success traits of the world’s best-performing sales professionals.He’s the co-author of Never Hire a Bad Salesperson Again.Tune in and as we’ll be discussing how to effectively sort through applicants and pick actual performers while not wasting time or effort on those who just don’t have the drive to deliver results.This is a ‘must see event’ for anyone who hires salespeople or will want to own a business one day.Hiring the wrong salesperson can waste months of time and tens of thousands of dollars.This is particularly dangerous for small businesses or when you hire your first salesperson ever.David C BarnettShow sponsors:Find Dr. Croner's book and more in David's Amazon Bookstore at https://www.Amazon.com/shop/davidbarnetthttps://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.
Just like nature, survival means adaptability….Making and selling insulin is pretty recession-proof. But it’s not a business we can usually go out and buy.So, if we’re limited to the world of small businesses, what kinds of things should we look for?This week, we examine the characteristics of a business that can survive and I explain how I can teach you a way to give yourself an edge in buying during this time.Watch here now: https://youtu.be/8wsY42FOAZ0 Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
That dentist is SOOooo Cool. Did you know he’s part owner of the hip craft brewery….Yup.Today we’re going to talk about how cool and sexy businesses can play by different rules.In some cases, they don’t even have to be profitable to keep going.Watch here now: https://youtu.be/RWcgFgS2cRw Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com
Ricardo asks some great questions about seller financing…. But part of his assumption is not correct. It’s a mistake I’ve seen a lot of people make. So, this week we’re going to address whether or not a seller financing note is part of your down payment or not. Why not, and if it ever could be. If it were, what would that look like? I’ll tell you and you may be surprised that some sellers will accept it like this. Watch here now: https://youtu.be/Q-SPUDecLqI Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
PPPPT- That’s the marketing mix for a small business…. Product Place Price Promotion Time The problem of finding sellers of profitable small businesses is about being in their life BEFORE they decide to sell. I explain in this week’s video. Watch here now: https://youtu.be/G4al3LJoFx0 Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Sign up to find out what a Bank on Yourself system would look like for you at https://www.NewBankingSolution.com
New Livestream guest- Mark Willis from Lake Growth Financial Services and host of Not Your Average Financial Podcast. I’m happy to have Mark join me on a live broadcast. It’s his 4th appearance on my channel!! We’re going to be talking about managing cash in your personal and business life. If you’ve heard him before, Mark teaches how to use participating whole life insurance policies as vehicles for cash liquidity. The biggest feature of all being that the cash value grows over time and that you don’t have to qualify for credit to access the equity in these policies. My question to Mark this time- How does inflation affect all of this? Tune in to find out. This is a strategy that I personally do. This is a ‘must see event’ for anyone with good personal cash flow or a profitable business. Be sure to join live so that you can ask questions, replay will be available. We’ll be going live November 17, 2022 at 12 Noon Eastern Time, 1:00 PM Atlantic Time See you there! David C Barnett
Todd wants to know what you have to tell the customers when a business is sold…. Do you need to tell them? Or- can you keep it a secret? Does it matter? This week, we talk about the ‘depth’ of customer relationships and how this might impact how and what you tell customers when a business changes hands. Watch here now: https://youtu.be/Fy2hmYcqhWc Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
What is Holiday Chat?
If you follow my podcast or YouTube channels, you’ll know that each year I do a special consulting offer where I offer hour-long calls at a significant discount.
Instead of USD$250, they’re only $75!
What gives?
Well, there is a catch, of course.
These calls are recorded and made available to the public in two batches.
- Between Christmas and New Year, these calls are released to the members of this email list. That’s right, YOU.
- Next summer, they’ll be released on Fridays, one at a time on YouTube and via the podcast feed.
If you’d like to appear, you can choose to remain anonymous, it’s totally up to you.
Sign up now for a 2022 Holiday Chat call here: https://calendly.com/dbarnett/2022-holiday-chatsecretcode
Watch prior years calls on YouTube: https://youtube.com/playlist?list=PLqomziNDpylUvJtSM-8kxXAvHwdJVrmda
Listen to prior years calls on SoundCloud: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues?si=8da81d8f69074c0189ca32fe6157376a&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing
Jason Pereira, a financial advisor in Canada had me on his show to discuss buying a business... most of his clients want to sell. ---------------Original Notes-------------------
On today's episode, Jason Pereira is going to talk to David Barnett, he is a private transaction advisor. Today he is going to specifically talk about acquisitions, but not from the seller's point of view, but from the buyer's point of view. David works with people who are looking at doing the purchase or sale of small businesses. He is a former business broker, but he does not act as a business broker today. He simply works in an advisory or consulting role.
Ed wants to know how this looks…. Ed was watching my video about add backs and wanted to know how it looks when people trigger the offset clause in a seller financing note. Not sure what I’m talking about? Learn about offset clauses, how and why they work and more in this week’s video…: https://youtu.be/WtA97RZ7OnQ Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Steve Baltzois I’m happy to have Steve join me on a live broadcast. He’s a Canadian who ended up in the film and TV industries in the US and Australia. I'll bet you've heard his voice in a famous movie.
Steve will be joining me live from down under to discuss how stories can be used to differentiate businesses and transform your marketing message. This is a ‘must see event’ for anyone who runs or wants to run a business. Find steve online at https://steve-and-david.com/
I say business is risky and the things that get you may surprise you… Because these business owners and their stories will likely never be part of any Ted talk. They’re comments about what can really happen in the world of small business. But you can’t often hear them, because they’re whispers usually. Check it out in this week’s video: https://youtu.be/MLFnt4hZQGc Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Find cultivating success on YouTube at https://www.youtube.com/channel/UCw5cTeyMHW22LflgWlQxm4g or in your podcast app.
Original Show Notes...
Ep04: Protect Yourself by Asking Lots of Questions 1 waiting Premieres Oct 25, 2022 David has been working with small and medium sized businesses for over 20 years. He has helped entrepreneurs buy and sell them, He has helped them grow. He has helped people finance them. David is the author of 8 books about small business transactions and local investing. He is the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing small and medium sized businesses and can be found anytime at his blog site
Listen to this informative Cultivating Success episode with David Barnett about buying and selling businesses.
Here is what to expect on this week’s show: - David’s background and how he got into consulting. - How David discovered his interest in entrepreneurship on his own. - David’s transition from finance brokerage to business brokerage. - What drove him out of the brokerage business. - The world is becoming more and more apathetic.
Connect with David: Links Mentioned: http://www.davidcbarnett.com/
Hey grad! Should you buy a business or pay off your student debt? Harry wants to know if it makes more sense to pay off his student debt or to buy a business. Let’s see by doing a pro/con analysis in this week’s video… https://youtu.be/9WG_ssmq3LU Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Rick Nicholson
I’m happy to have Rick Nicholson join me on a live broadcast.
Rick has decades of experience in the hospitality industry including having owned 7 different restaurants.
He’s also the author of The Art of Restaurant Theft; 70 Sneaky Tricks Your Employees May be Doing.
Tune in and as we’ll be discussing how to steal money in a business. (or how to make it harder for employees.)
This is a ‘must see event’ for anyone who will ever have anything to do with a cash or inventory laden business.
Find the book in my Amazon store at https://www.Amazon.com/shop/davidbarnett
Will higher interest rates lead to financial ruin for business buyers? Not if you’re careful and don’t overpay. I built a little tool to demonstrate the effect of higher interest rates on buying a business under two common scenarios. As you’ll see, rates can move quite a bit before it makes a material impact on your deal…. Check it out in this week’s video: https://youtu.be/MGzEM7j5aGM Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
We give you an update and play some clips from our new show coming out later this year... Your Exit Squad.
Subscribe to be the first to see new shows at https://www.YourExitSquad.com Want to appear as a guest? https://www.YourExitSquadGuests.com Want to help as a partner? https://www.YourExitSquadPartners.com
What you read about online may not represent the reality of the world. Future was watching my videos and wanted to know why he only sees complainers online who’ve done bad deals. Can someone really buy a business with $500K of profits and live happily ever after? Why does it seem like it doesn’t work for most people? In this week’s video, I detail if it can be done. Who’s doing it. Who’s talking about it. Who’s not finding them. Who’s being caught and why. Check it out in this week’s video: https://youtu.be/dAJVTNZKPG0 Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Bill was a no-show, unfortunately... so, I spoke to all of you and talked about Holiday Chat 2022!
Matthew asks how to decide what business is right for you. There are two ways: 1. Extrapolate from self-analysis. 2. The thesis method. Let me summarize both and tell you what I think are some key factors to keep yourself from being caught up in ‘shiny object purgatory.’ Learn more about the two methods of industry identification here: https://youtu.be/p1UbedYYnAM Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Courtney wants to know how she can be the best business lawyer she can and win more work from dealmakers like you. My advice… Design her practice like a restaurant. Be transparent. Build a risk matrix to maximize communication with clients. Really, they’re mostly tricks from my small business systems program. Learn more here as well as my warnings about WHAT NOT TO DO: https://youtu.be/iCvpMlaLF2I Learn how to create better systems and an operating manual in any small business in only a few easy steps at https://www.EasySmallBizSystems.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Palmer Higgins from Chenmark I’m happy to have Palmer join me on a live broadcast. Palmer and his partners have built up a holding company with multiple small business operating units in two countries from their home base in Portland, ME. Tune in and as we’ll be discussing how they buy businesses and put someone else in charge of running them. This is one of the biggest topics I’m asked about all the time and we’ll get to hear some of the challenges and the reality of what it’s like to oversee someone else who runs your business. This is a ‘must see event’ for anyone trying to step back from being the leader in an operating business or who plans to build their own ‘Baby Berkshire’ one day. Find the Weekly Thoughts blog here: https://chenmark.com/weekly-thoughts/
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Cheers
David C Barnett
This week a YouTube viewer wants to know if he can save time by getting pre-approved for a business purchase loan. Let’s see… What does the underwriting process require? What are the ‘deal killers’ of a business purchase loan? What is totally within your power to do before you go out and try and buy a business? Learn more here: https://youtu.be/w_Ol9BLpFbs Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Chris Mosier & Scott Freerksen of Lakefront Living Realty. I’m happy to have these two guests join me on a live broadcast. Scott and Chris have built a new franchise model in the real estate industry that exists to sell one thing only- lakefront property. They ignore everything else. We’re going to discuss how they came across the concept, why they believed in it and how it’s going. We’re also going to learn about their journey as franchisors and what they’ve learned along the way building a business opportunity for others. This is a ‘must see event’ for anyone interested in real estate, focusing on small niches in their industry or who one day dream to be a franchisor as well. Be sure to join live so that you can ask questions, replay will be available. https://www.lakefrontfranchise.com/ https://www.lakefrontliving.com/
This week, Tian wants to know about why SDE is so different from Net-Income. Is he being lied to? Why is SDE used in the business sales world? What if someone is cheating on their taxes? How do they tell you without telling you? Enter the world of the murky add-back and how you protect yourself. Learn more here: https://youtu.be/7q_jBnaV7LY Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
This week, Yaro wants to know what kind of business he should buy if he DOES NOT want to work there? Is there an ideal business for absentee ownership? I discuss the skills needed, the types of businesses to look for and a trap that I’ve seen some fall into. Learn more here: https://youtu.be/9Uz0X5JRDB4 Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Another weekly video on how to use a business’ assets to raise part of the down payment. Again, this one has some pretty big warnings about what could go wrong if you’re not truly prepared or don’t plan it out well enough. Check out this week’s video: https://youtu.be/-4CSBbf57rE Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Make better cash flow forecasts: https://www.BizPlanSchool.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Listen to the podcast episode with Host Marcia as I explain the important factors that sellers need to have in place so that buyers don't look for discounts.
About Marcia: She is a business growth strategist helping service-based professionals to increase their profits and strengthen their business so that it is worth selling someday. She works closely with her clients to turn their business into an attractive & profitable business asset they can enjoy until they decide it's time to stop. She helps them get a return on their business investment. Marcia is the CEO of Trajectory Consulting & can be found at www.TrajectoryBiz.com
Wants to know about a ‘franchise’ opportunity and learn about a whole new industry.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
Reducing or changing the inventories required in a business can help raise a down payment AND improve this other important metric… What other important metric? Return on Equity. By lowering profits. Yup. Check out how to spot a business that can be transformed in such a way as to turn it’s own inventory into a down payment and boost your own rate of return. Check out this week’s video: https://youtu.be/UMs-fO3FFGw https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
I'm having a terrific discussion with Tax-Alpha Solutions Podcast You can also listen to the show to hear Matt Chancey and I talk about the inner workings of a business broker and other fascinating topics.
Wants to buy a home improvement co which finances its sales
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
But how can customers you don’t have, help to buy a business you don’t own? What about confidentiality? Hmmm. Yeah, good question. Business buy/sell deals are often about secrecy. So, there is really only one way for a ‘normie’ to try and pull this off. Or, maybe you can as a celebrity? Even a local one. Check out this week’s video: https://youtu.be/Ol3mbiuFNJw Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Audio of a workshop hosted by Ted Leverette from https://www.PartneronCall.com
Notes for the workshop are here: https://partneroncall.com/prep-not-pre-loi-due-diligence/
Guests include: David C Barnett from https://www.DavidCBarnett.com Nancy Fallon-Houle from https://www.velocitylaw.com/ and Searcher D. Precourt.
Buying some seemingly expensive cottages to rent out.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
This week, we take a look at how Codie Sanchez promotes her laundromat deals with a skeptical eye… Easy peasy, even if you’re broke. Codie will tell you how she can help you buy a business that will make you rich, but will it really? Watch what I think of her laundromat deal here: https://youtu.be/ww4XRyMgHrY Videos mentioned this week: Codie’s Video that I analyzed: https://youtu.be/phME03aJI-Y Warren Buffet & David Duel over Depreciation: https://youtu.be/_S2m1dieX6w Why SDE is NOT Cash Flow: https://youtu.be/E0IEGtsIE1o Dead Capital in a Business and Buying a Job: https://youtu.be/kHnIh6HM840 Buy a Business with no Money?: https://youtu.be/NVTgDT7Cc2g See all the $0Down videos here: https://www.investlocalbook.com/p/buy-business-with-no-money.html Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
An amazingly profitable sandwich shop owner wants to sell.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
Some new installment features can help with a down payment on a business acquisition. If you can stomach the cash drain on a 6-, 12- or 24-month amortization, some new credit card features could help you come up with a down payment on a business. Check out this week’s video: https://youtu.be/xYs-DSfht9s Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Janet Falk from https://janetlfalk.com/ Here is a link to a Sample Media Profile, with a worksheet and an offer for a Complimentary Strategic Communications Consultation: http://bit.ly/2KS4dma.
Janet has had an amazing career journey through the corporate world, private advisory businesses and more which has led her to the field of public relations.
Tune in and as we’ll be discussing how you can take advantage of what’s new in your business to find customers and influence the market by helping those in the media.
This is a ‘must see event’ for anyone who owns a business or will one day.
Be sure to join live so that you can ask questions, replay will be available. We’ll be going live August 1st, 5pm, Eastern Time See you there! David C Barnett Sponsored by https://www.SMBPodcastNetwork.com and https://www.JeffAlpaugh.com/DCB10
Moving and running a business remotely looking ahead to 2022
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
Suppliers don’t want to lose a valuable account, they may be willing to help lock in volume. Why would a supplier help you buy a business? It may be in their own self-interest to give you a helping hand. Check out this week’s video: https://youtu.be/kBP3XG3IxjI Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Preparing yourself to buy an online business. Goals/skills.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
Website you're looking for: https://indemandcareer.com/
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
New equipment financing can also be a tool to help you get a down payment to buy a business. Two strategies on using new equipment financing to help work out a deal to buy a business. One more risky than the other. Check out this week’s video: https://youtu.be/CErCwjd28V0 Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Find Mason's book and more at https://www.amazon.com/shop/davidbarnett New Livestream guest- Mason Harris, The Chutzpah Guy! I’m happy to have Mason Harris join me on a live broadcast. Mason Harris is a motivational speaker and author. Tune in and as we’ll be discussing Chutzpah, Guts, Stones, Balls, whatever you want to call it. I read the book and I liked it. This is a ‘must see event’ for anyone who needs to do something that is a little scarry. Be sure to join live so that you can ask questions, replay will be available. We’ll be going live July 18, 2022, 5:00 PM Eastern Time See you there! David C Barnett
Finding local investing deals.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
A planned receivables reduction can also generate cash. If the business is giving people time to pay, maybe you can change this and raise extra cash to buy the business. I’ll explain what to look for in a target business to see if this is even possible. I offer a risky, and more risky way to pull this off. Check out this week’s video: https://youtu.be/grWJ7GaUdFw Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
How to grow a rooming house management business and buy another.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
The equipment in the business can provide part of the down-payment. If there are a lot of tangible assets in the business, you may be able to use leasing as a way to raise money for part of the down payment. I explore this in this week’s video. Also, what if you can’t find a leasing company willing to do the deal? I offer three other ways to ‘lease yourself’ a small business purchase down payment. Check out this week’s video: https://youtu.be/oFpkNhZupnM Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
How to grow an insurance and wealth advisory company to all 50 states.
If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer.
All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
These calls are only available to email subscribers until I release them publicly on Fridays over the summer.
So, you need money to buy a business, just ask the seller to take payments. The problem is that many buyers lack empathy in how they approach sellers. Do you think any random stranger wants to lend you money to buy their business? Let’s take a more measured approach to this. I cover this and more in this week’s video: https://youtu.be/TM7EdlgKMLM Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Clint Fiore lists out ways in which brokers overprice businesses. Isn’t a high price their job? Not really, but you’ll have to stay to the end to find out what I think they should really be doing. I cover this and more in this week’s video: https://youtu.be/LzfDmKetafY https://youtu.be/Zet2HvYT1_o Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Subscribe to see episodes of Your Exit Squad when it airs at https://www.YourExitSquad.com Are you a small business owner? Submit a guest application if you want help in making your business more sellable- https://www.YourExitSquadGuests.com Consultants and Experts- Join the Squad https://www.YourExitSquadPartners.com
Cheers!
This grocery store owner wants to know if it makes sense to go direct and import food. The answer comes down to inventory turns and operating capital. I cover this and more in this week’s video: https://youtu.be/7JyYzcZE68A Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Cliff Duvernois. From https://entrepreneursonpodcasting.com/ I’m happy to have Cliff Duvernois join me on a live broadcast. Cliff has experience in the world of real estate, small business and podcasting. Tune in and as we’ll be discussing the difference between podcasters and business owners who use podcasts for marketing purposes. This is a ‘must see event’ for anyone in any kind of business! Be sure to join live so that you can ask questions, replay will be available.
See you there! David C Barnett
Show sponsors: www.jeffalpaugh.com/dcb10 https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.
The IBBA has released their Q1 report on the market. What’s going on? How long is due-diligence taking? How many engagements are going sour? How long to find a buyer and close? How has this changed since 2020 and 2021. I cover this and more in this week’s video: https://youtu.be/LzfDmKetafY Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest- Steven Beal, CBV, CFA, CPA https://www.BealBusinessBrokers.ca I’m happy to have Steven Beal join me on a live broadcast. Steven has decades of banking, accounting, business valuation and business brokerage experience. Tune in and as we’ll be discussing why so many buyers are being IGNORED by business brokers and how to break through the static and noise of the marketplace and be noticed. This is a ‘must see event’ for someone trying to buy a business which has been put up for sale via a business broker. If the broker doesn’t see you as a legitimate buyer, you won’t have any chance of having your offer considered… you may not even get a chance to meet the seller.
Be sure to join live so that you can ask questions, replay will be available. We’ll be going live June 6 at 5pm Eastern, 2pm Pacific. See you there! David C Barnett https://www.BusinessBuyerAdvantage.com
Show sponsors: www.jeffalpaugh.com/dcb10 https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.
Sieva Kozinsky reveals how anyone can buy their first business and quickly grow it to a $500,000 income… but does the plan make sense? Well, it’s hard to know. 10,500 people seem to like the advice. I’m getting old, so I’ve seen many deals and have some experience. Let me show you how I deconstruct this advice and see if it really plays out the way the author says. You may be surprised to learn that things on the Internet are not always what they seem. I explore the nitty-gritty of this advice and determine if it really makes sense or not in today’s video: https://youtu.be/K89r4TNebFE Other videos mentioned in this recording: Why SDE is not Cash Flow: https://youtu.be/E0IEGtsIE1o Pay for Potential, Blue Sky: https://youtu.be/INMiJJbXrZw Dead Capital in a Business: https://youtu.be/kHnIh6HM840 David and Warren Buffet Duel over Depreciation: https://youtu.be/_S2m1dieX6w
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Do you want to exit your business and still earn income? Why is documenting systems the key to making a business sellable? Why should you consider your business as an asset and not a life role?
In this podcast episode, I speak with, Ron and Lexie Lee about how to build a sellable business.
Chris sent me an email asking about whether fast-growing companies were extra-risky? Well, it depends on where the growth comes from. But, there is another risk in buying a fast-growing company. The risk that if the deal doesn’t close quickly, the seller will second-guess the price and/or other factors. I get deep into the ‘it depends’ weeds on this week’s video…: https://youtu.be/9tSTgnUiReg Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
I suggested a few weeks ago that a reason NOT to buy a business was because you could make as much or more money by NOT being the owner. Let me explain… This week I’ll explain 4 different ways that non-owners can make more money, potentially, than business owners from a business. While the other benefits of freedom, control, etc may not be there for some of these strategies, they also don’t usually involve any investment risk. Please comment on YouTube if you’ve seen some of these strategies in action. Check it out in this week’s video: https://youtu.be/JUW51CmJ9hs Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
I respond to some YouTubers who say that you need to have a cutthroat mindset to make it in business. I disagree. I think this attitude will sink your long-term prospects in business. Except, if you operate under some specific circumstance. Instead, I give you my thoughts on the kind of attitude that pays off in business. Check it out in this week’s video: https://youtu.be/3dv8PC8aEVo Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest🡪 Cato Pastoll, Co-founder & CEO of Loop Inc. I’m happy to have Cato join me on a live broadcast. Cato helped to found Lending Loop, a Canadian small business loan crowdfunding site in 2014. Tune in and as we’ll be discussing how the pandemic has affected investors loans to small businesses on the platform -AND- we’re also going to discuss Loop’s new multi-currency business account systems that help businesses avoid the friction of borders and currencies. This is a ‘must see event’ for people interested in business lending or international business. Find Loop online at https://www.getloop.ca David C Barnett
Dave asks me via email if seasonal businesses sell for more or less and if the timing of the transaction is important. They can sell for a different price, but it may surprise you how and why. And Yes, people do usually want to buy them in the off season. The terms as well can be interesting. Learn more in this week’s video: https://youtu.be/iGukyXIzSXQ Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
I appear as a guest and discuss making waves with mindset. Pay attention to the discussion at the end about 'putting yourself in the path of opportunity.'
Find full show notes here: https://www.buzzsprout.com/1812446/10426476
Brian says I inspired him to get started to buy a business. Was I pumping SME ownership too hard? Of course, I start out with one about being lazy. But there are many more problems that I’ve seen over the years. Egos can be a problem, but so can altruism and trying to save the world. Learn more in this week’s video: https://youtu.be/LXwH2evmork Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Why is it important to understand how people were duped by these online content creators who appeared to offer a great deal. Find the news story here: https://www.cbc.ca/news/canada/saskatoon/epic-company-collapses-real-estate-500-homes-1.6399770 While this article is about real estate, it is important to understand for anyone who consumes online small business content. The parallels are striking and there are operators just like this in the world of small business online. Learn to spot the signs that something may be a fraud. Learn more in this week’s video: https://youtu.be/KIxFZ8RTX-w Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
New Livestream guest Lisa Forrest, Director of Seachfund Lending at Live Oak Bank. Find Lisa online at Lisa.forrest@liveoak.bank I’m happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs. Tune in and as we’ll be discussing some of the misunderstood features of these loans and answering some viewer questions that have been submitted over the last two weeks. This is a ‘must see event’ for anyone who is buying a business in the US and may want to take advantage of the different SBA loan programs. Be sure to join live so that you can ask questions, replay will be available. We’ll be going live Monday, April 18, 5pm Eastern Time. See you there!
Azul says that when he adds the Enterprise Value to the Retained Earnings the price seems too high. But David, you ask, if there is a bunch of money and other assets in the company that Azul is buying, shouldn’t the seller get paid for that? Yes, if there truly is an excess. It all comes down to normalizing the balance sheet which is something very few people in the small business space know anything about. You see, what we really need to know is what the Normal Net Position in Working Capital should be, then we can get to work. Learn more in this week’s video: https://youtu.be/2vN8I_uxHE0 Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Monday at 5pm Eastern time, The Franchise Guide- Giuseppe Grammatico joins me for a live discussion about what has changed since the lockdowns. What new types of franchises are coming out? Who is struggling to make it? What have franchisors done to make a difference? I’ll share some of the interesting things I’ve seen in franchised businesses lately and see Giuseppe thinks. Find Giuseppe online at https://www.ggthefranchiseguide.com
Sam has a business in the UK which handles a lot of cash. Should he launder it? I’ve seen a lot of ‘shenanigans’ with cash in businesses over the years. Should business owners declare all this cash as income? Should they steal it away to buy new sneakers? Should they learn how to do ‘money-laundering?’ What does this kind of behaviour do to the value of their business and the terms of sale? Learn more in this week’s video: https://youtu.be/o_fvGBBTxBA Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Link made a comment that brokers hinder rapport building. Is it true? Rapport and trust building is necessary for a deal to be formed. Do business brokers hinder this? Or- does it matter who you’re dealing with? Is it better to only look at non-brokered deals? I handle this and more on this week’s video: https://youtu.be/8cugZCg1Cqc Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Hassan and Papi Shampoo want to know about how business deals are closed. What happens for the ‘closing’ of the deal? Do we need a lawyer? Where does the money go and how does it move? Who are the other players at closing and how does it change from one place to another? Great questions. This week we learn all about the process of closing on a business we’re buying whether we’re using a lawyer or not. Learn more in this week’s video: https://youtu.be/CSTyykXMiGc Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Learn about different deal structures at https://www.BusinessBuyerAdvantage.com Learn about selling a business at https://www.HowToSellMyOwnBusiness.com Learn more and join my email list at https://www.DavidCBarnett.com
YouTube viewer BehindTheLast wants me to discuss royalties just like Mr. Wonderful. Kevin O’Leary loves royalties on Shark Tank. Can this method be applied in the purchase of a small business? Great question. This kind of tool has its ups and downs. Use it when you both disagree on whether the business will have ups or downs. Learn more in this week’s video: https://youtu.be/n_1YDEW1joQ Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Visit the podcast homepage here: https://ggthefranchiseguide.com/podcast/self-reflection-analysis-about-what-knowledge-and-skills-can-be-leveraged-when-getting-into-business-ownership/
Orignial Notes: Join your host Giuseppe Grammatico with his guest, David Barnett. In this episode, David analyzes skills and experiences to discover what areas, industries, or types of businesses are suitable for someone. He provides actionable steps to list down all roles, responsibilities, and duties a person had and assess that to extrapolate the business that best suits them.
In this episode you will learn:
Self-assessment to know the business that fits you Issues like risk adversity when an owner is not for the business What is changing in an industry amid the pandemic? Why small businesses have relatively low multiples How to know when markets are saturated About David Barnett:
Barnett loves to say that it took him ten years to unlearn what he was taught in business school. Although university had trained him to be a middle-manager in big enterprises, he was totally unprepared for the realities of small business.
After a career in advertising sales, Barnett started several businesses, including a commercial debt brokerage. Helping to finance small and medium-sized businesses led to the field of business brokerage. Over several years, Barnett sold dozens of businesses for others while also managing his portfolio of income properties and starting his career as a local private investor. Barnett regularly consults with professionals and banks on business and asset values.
Presently he works as a private transaction advisor with people around the world who are buying or selling a business.
Connect with David Barnett:
Twitter:https://twitter.com/DBarnettMoncton
Facebook: https://www.facebook.com/DBarnettMoncton
Linkedin: http://ca.linkedin.com/in/davidbarnettmoncton
YouTube: https://www.youtube.com/c/DavidBarnettMoncton
Connect with Franchise Freedom on:
Website:https://ggthefranchiseguide.com/podcast/
Linkedin:https://www.linkedin.com/company/gg-the-franchise-guide
Facebook:https://www.facebook.com/GGTheFranchiseGuide
Twitter:https://twitter.com/ggrammatico
Instagram:https://www.instagram.com/gg_the_franchise_guide/
YouTube: https://www.youtube.com/channel/UCxWsxLRngbxJEH2m8w-ptYw?view_as=subscriber
Apple:https://podcasts.apple.com/us/podcast/franchise-freedom/id1499864638
Spotify: https://open.spotify.com/show/13LTN5UzA57w2dTB4iV0fm
Google:https://cutt.ly/gkG7t2g
Watch on Youtube: https://youtu.be/OgzWAUmdYl8 Join my Email list at https://www.DavidCBarnettList.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Find more great content on my blog at https://www.DavidCBarnett.com
An anonymous viewer wants to know when he can start his next business. I’ve met many serial entrepreneurs over the years. One who actually had started over a dozen businesses over 40 years! This week’s question is about what needs to happen in order for someone to be ready to move on to the next business. Also, does it even make sense? Would a person be better off just selling and moving on? Learn more in this week’s video: https://youtu.be/OgzWAUmdYl8 Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Join that list: https://www.DavidCBarnettList.com Find books: https://www.amazon.com/shop/davidbarnett Buy a business https://www.BusinessBuyerAdvantage.com
Jeremy, a lawyer, wants to know if it makes sense to offer payment plans to customers. As far as I’m concerned, payment terms are a part of the price. Price is one of the 4Ps of marketing. So, the real question is… What am I selling and who does it appeal to and what is that person’s financial position? Watch this week’s video here: https://youtu.be/CseXZMOUOiA Find my books and others I like in my Amazon store over at https://www.amazon.com/shop/davidbarnett Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Learn to organize a business https://www.EasySmallBizSystems.com Learn to buy one: https://www.BusinessBuyerAdvantage.com Learn to sell a biz https://www.HowToSellMyOwnBusiness.com Learn more and join my list: https://www.DavidCBarnett.com related article: Ruben R. wants to know how long sellers should stick around and if they should be paid. Ha Ha.. It Depends! Yes, but on what? The level of specific skills and the level of organization in the business. Let me tell you a few ways to think about this and how to structure a winning transition program when you buy or sell a business. Watch this week’s video here: https://youtu.be/EfV_pCDeFcw Learn how to better organize your business at https://www.EasySmallBizSystems.com Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
I've asked 30-year veteran of business strategic advisory, Michael Gansl, to come join me in this discussion about what business help looks like and who/how/where it can help someone.
Michael is known as The Seasoned Voice of Reason who works to 'turn business owners into CEOs.' Michael has grown and exited his own business which reached sales of $18M and had 75 employees across many locations.
Michael has worked as an advisor to many companies and has had careers in investment and commercial banking and has raised debt and equity financing for more than 115 companies.
Join us live for a chance to ask your question on-air. Learn more about Michael at https://www.linkedin.com/in/michaelgansl/ and https://www.voiceofreasonconsulting.com
The original Deal Quest show notes...
David Barnett is a businessman who has learned the ropes the hard way, hands on! He's been through several types of deal-driven growth in his career, not only deals of his own but also by managing deals as a broker for clients.
He attributes most of his success to the lessons he's learned along the way. If you're looking for some business advice from someone who has "been there, done that," look no further than David.
After a career in advertising sales, David started several businesses including a commercial debt brokerage. Helping to finance small and medium sized businesses led to the field of business brokerage. Over several years, he sold dozens of businesses for others while also managing his own portfolio of income properties and starting his career as a local private investor.
This is a true deal-maker to deal-maker behind the scenes episode. Don’t miss it!
For all of David's books head here: https://www.amazon.com/David-Barnett/e/B00JDI9BKA?ref_=dbs_p_ebk_r00_abau_000000
To learn more about David head here: https://www.investlocalbook.com
To connect with Corey for more:
Website: https://www.coreykupfer.com
LinkedIn: https://www.linkedin.com/in/coreykupfer
Facebook: https://www.facebook.com/CoreyKupfer
Twitter: https://twitter.com/coreykupfer
Learn more and join my list at https://www.DavidCBarnettList.com See all those reviews: https://www.clarity.fm/davidbarnett/reviews Learn to buy a business at https://www.BusinessBuyerAdvantage.com related article... TSP wants the raw truth about why I make videos instead of buying/selling businesses. I’ve been waiting YEARS for someone to ask this. Thank you. What is David’s business exactly? That’s important because the rest of this depends on where I want the customers to go and who I want to bow out of the process. This is a deep meta look inside the DavidCBarnett.com matrix. Take the Red Pill… Watch this week’s video here: https://youtu.be/DRF_bUXRGpA Learn how to sell your business: https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Vikram Rajan had me on his show to discuss the value of podcasting or YouTubbing to growing a business. We get 'behind the curtain' and discuss some of my experience in using this media to grow a business. Find Vik and learn more at www.videosocials.net
https://www.HowToSellMyOwnBusiness.com https://www.DavidCBarnett.com https://www.DavidCBarnettList.com Ted's video on Best CIM's out there: https://youtu.be/FGma2GyKlvE related article: Hassan is tired of DIY business owners, how can he get hired more often? Great question. Why would someone pay a person if they didn’t believe they needed to? It’s all about delivering value and communicating that value. And, not just to anyone, it’s got to be someone you really can help. A lot of brokers don’t get this right, and word gets around the playground. Watch this week’s video here: https://youtu.be/7ZMpC3kLpRc Learn how to sell your business: https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
business broker exit planning buisness brokers mergers and acquisitions how to get more listings
Learn to implement systems into any business: https://www.EasySmallBizSystems.com
What if information about how to sell a business isn't what keeps owners from exiting successfully? What if the problem is the vision or intention to actually pull it off? Can people be so caught up in the 'doing' that they fail to see how things will be different one day? We're going to explore this and more and you're invited to come and join live to give your comments and ask questions. Special guests Exit prep coach Mike Finger https://exitoasis.com/ https://www.linkedin.com/in/mike-finger/
and Business Vision consultant Stephen Wilkinson https://www.goodandprosper.com/ https://www.linkedin.com/in/stevenknwilkinson/
Youtube viewer Canucklehead wants to know which number to multiply and when. Great question. One of the biggest problems in business valuation is when people confuse valuation factors. Apply a 3X EBITDA factor to SDE and you’ll overpay for the business. But are these hard and fast rules… or just guidelines? In this week’s video, I discuss when the different cash flow levels made sense and why, in the end, you need to be thinking beyond just math. Watch this week’s video here: https://youtu.be/Va5USDqv3-A Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Learn to buy a business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com -----Related Article Below--- Victor wants to know how to avoid the ‘get rich quick’ mentality that is so often advertised. Firstly though, I’m going to tell you about the ‘get rich quick’ scheme that I bought into and how I quadrupled my investment in under a year. That’s not a joke. It’s real and I’m also going to share how most other people would not have had the same results. Then, the low-risk way to build your fortunes. Incrementalism. Watch this week’s video here: https://youtu.be/-BK2UnxZ7OE Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Kim invited me on her franchise show even though I wrote a book called Franchise Warnings! It was a lot of fun. Here are her original notes:
Can you SELL your franchise business? Of course! You can sell a franchise just like you can sell a startup business. Here's HOW and WHY you must create an exit strategy.
👉 Email me now for FREE Coaching: https://bit.ly/3qqA6td 👉 Subscribe to KimDaly.tv: https://bit.ly/2YCDc1N 👉 Hear what my candidates say: https://bit.ly/3C7fRTi
Follow The Daly Coach on Facebook: https://facebook.com/createwealththru...
Connect with me on LinkedIn: https://linkedin.com/in/dalykim
📕 David C. Barnett's book "Franchise Warnings": https://amzn.to/3qAKEW9
Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Join my email list here: https://www.DavidCBarnettList.com -----RElated Article Below--- Romil wants to know how one might get a job before becoming a buyer! It sounds like an easy win/win strategy. This question was inspired by my recent interview with John Mill about hiring your buyer. What I do in this week’s video is tell you about several different cases that I have first-hand knowledge of. People say they want to execute this strategy, but the proof is in the pudding. AND what some of these employee buyers may be missing when they plot their strategy… Watch this week’s video here: https://youtu.be/oTObbWYtkl0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com
Related Article: Shalina asks about high bank debt leverage. Does it matter? Does David hate leverage? Shalina was asking a follow up question from what she saw in my video ‘questions about seller financing.’ https://youtu.be/YhEs5CG3uGs It’s a great question because it leaves you wondering if you really can/should buy a business with only 10% of your own money. I’m not against high leverage if the business has demonstrated cash flows and can service the debt. WHERE you borrow the money is sometimes more important than how much. It has to do with the qualities of the debt. I get into it in this week’s video: https://youtu.be/pzyH4VFm6jI Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
business brokerage business brokers mergers and acquisitions business for sale
Gurmeet Judge had me on as a guest for his video blog to discuss preparing a business for sale and growth via acquisition. I thought you might enjoy our discussion https://www.encompassbt.com/blog
Learn more and sign up for my email list at https://www.DavidCBarnett.com Find the report here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn to buy a business at https://www.BusinessBuyerAdvantage.com Notes: Cassio asks how brokers get paid when there is a seller note. Does it matter? Should this concern a buyer? What about the seller? What if there’s no money to pay the broker? I look at this from the point of view of the different parties and talk about some of the solutions I had to come up with when I was a broker, dealing with broke sellers. Watch this week’s video here: https://youtu.be/ImglpvXOL3k Buy the special report How To Borrow Money from Business Brokers here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com
We’re about the turn the calendar to 2022, here are my favourite videos from the early years of my channel…. It all started off when Liz said that she had watched my old video about My Life as a Business Broker, March 2016: https://youtu.be/LsieCGOiS9I Staged Buy Out of a business, April 2018: https://youtu.be/FmF7XJjXYhg The Broke Bushwacker needs a loan, June 2014: https://youtu.be/eWnnU5BGkyg Multiple Offers, Sept 2014: https://youtu.be/JIuP_1nQvKo Buy a Business on a Credit card, April 2015: https://youtu.be/LE_Lyx9eOI0 Delegating Responsibility vs. Delegating Tasks, Nov 2015: https://youtu.be/tyGDdKOyssY Is it wise to buy a failing business? Oct 2015: https://youtu.be/DPFbTulgW8g Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
Enroll in Business Buyer Advantage Today https://www.BusinessBuyerAdvantage.com Get on my email list https://www.DavidCBarnettList.com
Come and hang out with me and some of my small business besties. This year's guests include:
Rocky Lalvani, host of The Profit Answer Man Podcast and Richer Soul. https://profitcomesfirst.com/ and https://www.richersoul.com
Mike Finger, consultant and blogger extraordinaire over at https://exitoasis.com/
Henry Lopez, investor, entrepreneur and host of The How of Business Podcast https://www.thehowofbusiness.com/
Rick Nicholson, restauranteur, investor, and Wizard of Ads marketing partner. https://www.linkedin.com/in/ricknicholson-wizard/
Jordan Evans, acquisition entrepreneur, investor https://www.languagenetworkusa.com https://www.linkedin.com/in/jordanpevans/ https://twitter.com/JordanPEvans
We will discuss 2021 and what we expect for 2022. Come and join us live and ask your questions/share thoughts or catch us in replay over the holidays.
Look dangerous like me with Jeff Alpaugh https://www.jeffalpaughcustoms.com/dcb10
Instagram wants to know if it’s a problem to buy in an industry if you know nothing about it. Maybe, is your experience transferrable? How about getting some of your own? Paid to learn. Or- bring in the hired guns. See what I mean in this week’s video: https://youtu.be/FPJnF0WTgyM Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special link for you: https://www.JeffAlpaugh.com/DCB10
Original Show notes: https://consciousmillionaire.com/david-barnett-3/ Today’s guest… After a career in advertising sales, David C. Barnett started several businesses including a commercial debt brokerage. Helping to finance small and medium sized businesses led to the field of business brokerage. Over several years, he sold dozens of businesses for others while also managing his own portfolio of income properties and starting his career as a local private investor.
Want to expand your consciousness about what’s possible? This is the show for 6- and 7-Figure entrepreneurs who want to multiple your profits, make a bigger impact and enjoy an amazing life! Join host JV Crum III as he goes inside the minds of millionaire entrepreneurs and world-class expert to get their secrets and actionable steps on how to rapidly grow your business.
Heard by millions in 190 countries. Now in its 8th Season!
JV Crum III, MBA, JD, MS Psy is a serial entrepreneur, 34x award-winning international best-selling author, speaker, futurist and Founder / CEO of Conscious Millionaire Institute LLC. The Limitless Mindset and Strategy Coach, on each episode JV coaches you using the success steps he has developed helping entrepreneurs around the world to make bigger profits and a bigger impact!
Victor wants to know about any magic pills that might exist for business success. I’ve got three for you… 1. Have lots of ______________ 2. Be part of an entrepreneurial _________________ 3. Build a _______________ of people who actually know and __________ you. Watch this week’s video and see if you can fill in the blanks. https://youtu.be/bJfu2PhL0g4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
business broker business brokers mergers and acquisitions business advantage smb
Get a higher value for your business exit and facilitate a win-win deal for the Right Buyer.
“The no-money-down deal where the owner gets a premium price, and the buyer is delighted.” Ted Leverette on the David Barnett live cast.
Questions:
The ‘unfair’ fair market valuation of owner-managed business The constraint on growth The operational excellence margin 10x-ing the value of the solid foundation Working with managers to grow the business The simplicity of the deal
Don't miss this conversation if you ever intend to exit a business. These plans can give you control over timing and remove financing and other complications for buyers.
https://intelligentwork.com/
What You Need To Do Sell Your Own Business - Interview with David Barnett
How can people better prepare their business for sale? Why should you prepare now vs. later? What if I'm not ready to sell?
Barnett loves to say that it took him 10 years to un-learn what he was taught in business school. University had trained him to be a middle-manager in big enterprises, he was totally unprepared for the realities of small business.
Get Your free pdf copy of "12 things to do before you consider selling your business": https://dbarnett.gumroad.com/l/12thingstodo/soundcloud
Victor H wants to know how one makes this big decision. It’s not as easy as simply making a Pros and Cons list. We need a more sophisticated framework. Thankfully, the Canadian taxpayers have one we can use. Seriously, I lifted it from the government’s own website and now we’re going to twist it to serve our capitalist needs… [insert evil laugh track] So, this is how one makes a VERY BIG decision that will affect your future forever in a good or bad way…: https://youtu.be/sH1nBLnQIj0 Let me take you through my map of products and services here: https://youtu.be/qz8D-At10Hg Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article...
YouTube commentator JediBunny wants to know what I think are the 5 worst pieces of small business advice.
I’ve ranked them in a Letterman Style list.
Let’s see if you agree…
The first one I roast is ‘Sales Cures All’ which is touted by business celebrity Mark Cuban. Why is Mark wrong? … and then 4 more for you to ponder in this week’s video…: https://youtu.be/GcGgVV66oFA
Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
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Jeff Alpaugh has been building his retail custom menswear business by opening new locations and tapping the power of the internet. As you know, the lockdowns of 2020 caused major shifts in the world of retail. Join Jeff and I as he tells us about his vision, the plan, how it changed and how his company has pivoted since this virus has affected the world.
If you want to check out his online store, visit https://www.jeffalpaugh.com/dcb10 The DCB10 code is a savings for you. https://www.instagram.com/jeffalpaughcustom
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Anders wants to know if there are good deals to be had on distressed businesses? We’re all familiar with scratch and dent sales. Does that happen with businesses? Is it possible to get a bargain or better financing when we’re willing to buy something with warts? I explain in this week’s video…: https://youtu.be/7hkak8QgmAM Which mentions these past vids as well: • Formula of the Zero Down Deal. https://youtu.be/lx-Qyvh_ROA • What if the business owes more than its worth? https://youtu.be/qwMLbyoBvt4 • Dead Capital in a Business and Buying a Job. https://youtu.be/kHnIh6HM840 • Robert Gale buys 20 distressed businesses… https://youtu.be/Cf0e4so9b1c • Why Aren’t Millenials Buying Main St. Businesses? https://youtu.be/uCSTCS2z3tk • Discovering Deal Capital in a Zombie Business. https://youtu.be/IQTucDC4NsY
Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
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If you've got a successful business then you have something to protect. How can we make use of insurance to protect partners, end partnerships, attract and retain key employees and more. Certified Financial Planner Mark Willis will show us some tips and tricks on how to employ insurance products to achieve business goals. Find Mark at https://nyafinancialpodcast.com/
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This 18-year-old wants the best of both worlds, how can he get it? Khush wants a career in computer science and own a business on the side with a manager. What books and materials would I recommend today for him to learn? None! I explain in this week’s video: https://youtu.be/ES4waXr2Yas Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Everyone loves lists. I list out my top 5 tips for buying a small business. They have to do with planning, your gut, liquidity and more. Check out Amazon for my book- 21 Stupid Things People do when Trying to Buy a Business to see the dumb things list. Watch this week’s video here: https://youtu.be/NM0ZGZ2WXCk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Original show notes.. reposted with permission.
On today's show, I talk with David Barnett, who is an expert in buying and selling business. I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover:
How did David become an expert in buying and selling "main street" businesses? Should you buy or sell a business in retirement? Aligning your business venture to your interests Why buying a business and being "hands-off" is an unrealistic expectation Don't be fooled by the promise of buying an "absent-owner" business There is a lot more to owning a self-serve car wash than just collecting quarters What are the most important things to think about when buying a main street business Why do you need to make a proper cash flow projection Three components of the typical financing for main street business transactions Red flags when buying a business How Seller Financing can help foster a successful transition The fragile nature of businesses Does the goodwill of a business reside with the business or the owner? Connect with David
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New Website! The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle.
Connect with David DeWitt
Subscribe to the Invest Smarter Newsletter (Bottom of the page) Connect on LinkedIn Get a Free Financial Assessment If you received any value from this podcast, please leave us a 5-star review on Apple!
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Eric is concerned after 18 months of looking. Should he be? Can he do more? Firstly, in the video, I mention a business broker. His actual name is Curt Maier. Sorry Curt! Eric writes to me because he’s been looking for a year and a half and is concerned. Should he be? What is Eric doing to find a business and is there something that can speed up this process? I explore the market, the role of brokers and how much of the market they can really access for you and more. Watch this week’s video here: https://youtu.be/UEvf1PRz-bY Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Original Show Notes: Buying and selling a company will most likely be the biggest transaction people will have. Don't go into a transaction like this blind. Learn from author, podcaster and consultant, David C Barnett, who is an authority on how to buy and sell companies the correct way. Mistakes can be very costly when selling or purchasing a company if it's done without the proper knowledge of what to look for and how to prepare for the transaction. Learn from a pro on this episode of DIY for Business Find DIY For business here: https://www.diyforbusinesspodcast.com/
If you want to see the video with the websites Jarryd is demonstrating, find it here: https://youtu.be/BlMOO4F5epw
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Jaryd Krause gives us the rundown on buying small passive income online businesses. Notes from Jaryd…
Empire Flippers - https://empireflippers.com/ FeInternational - https://feinternational.com/ Investors Club - https://investors.club/ Quiet Light - https://quietlight.com/ Motion Invest - https://www.motioninvest.com/ Flippa - https://flippa.com/
Jaryd's YouTube Channel - https://www.youtube.com/channel/UCQ3g6G2USlnq7EgnUsajTBw?sub_confirmation=1 Jaryd's Due Diligence Framework - https://buyingonlinebusinesses.co/duediligenceframework Tune in to the live premier or watch the replay here: https://youtu.be/BlMOO4F5epw
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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My local real estate investing club invites me to come and do a talk via zoom at their monthly get together.
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Wayne says its ok to buy a business with no money if the cash flows. Does it? Videos mentioned within: • Non-Financial Considerations when you buy a small biz https://youtu.be/nV-h9tm1Gkk • Questions on Seller Financing https://youtu.be/YhEs5CG3uGs • Buy a Business with no money tab https://www.investlocalbook.com/p/buy-business-with-no-money.html • Using Machinery for collateral https://youtu.be/hojEFy-pFtc • Escape the Banker’s Rules Carefully https://youtu.be/W6WBiRp-LK4 • Anatomy of a real no-money deal https://youtu.be/HLNmOvfok6A Wayne suggests how to do a deal with no money. It does make sense for a buyer, but what about the other players in this deal? What do they think and how do you deal with their concerns? Very important video, especially if you’re broke. Watch this week’s video here: https://youtu.be/lx-Qyvh_ROA Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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I joined Ted on Oct 5 for this live zoom call. Enjoy. Ted's original show notes: ---------------------------------Expect a few surprises. They might change your perception and increase your opportunity.
People wanting to buy a business face may appear to be three insurmountable obstacles: • Business Brokers. • Buyer competition. • Poorly prepared and unrealistic sellers. In this presentation, you’re going to learn how to go over, around or through them.
What about dealmaking during uncertain times? What's to know about searching/buying during a Seller's Market? Why am I not seeing enough of what I want to buy? How to get more and better deal flow? What about outsourcing search? Using/paying finders? How to handle question of net worth and available funds to source the acquisition? What about business brokers? Help or hinderance? Broker management: How to stay top-of-mind with all the other searchers out there? How to go about a proprietary search in the most efficient manner? Are there successful alternatives to drip campaigns? Who do brokers and sellers take more seriously? Self-funded people wanting to buy a business? Search Funders? $1 million business threshold. Adjustments / Add-backs? Business cycle and valuation?
Please subscribe and email Ted Leverette from partneroncall.com to schedule a Zoom chat.
Ted Leverette enables buyers of profitable small and midsize businesses in the USA, Canada, Australia and the U.K. to be the 1st choice of brokers and sellers, which results in more-profitable done deals sooner with less aggravation at lower cost. How? Read his how-to books. And then let him help you deploy proven best practices.
Ted J. Leverette, The Original Business Buyer Advocate ® “Partner" On-Call Network, LLC Searcher and Transaction Advisory: Prepare-Search-Offer-Buy PartnerOnCall.com
(Not a business broker; never have been.)
Get these books on Amazon or PartnerOnCall.com 120 Financial Lifelines for Small Businesses (Free) How to Prepare Yourself and Find the Right Business to Buy How to Buy the Right Business the Right Way 21st Century Entrepreneur Ideas for Kids and Aspirational Adults (Free) How to Get ALL the Money You Want For Your Business Without Stealing It (USA and Canadian versions.)
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Alexia wants to know about the warranties offered by sellers. If someone lies and costs you money, you sue them right? But what if the solution costs more than the problem? This is the issue with representations and warranties when we talk about small business transactions. In order to deal with potential lies and misdeeds on the part of sellers, we need two powerful tools that we can use in the even there is a problem. Watch here: https://youtu.be/LStVgWOM2LI Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Ryan was kind enough to let me share this track. here are his original show notes.....
David Barnett has been an owner, broker, buyer, seller, and everything in between. He’s written a dozen books or so about buying and building companies. This is a fun conversation.
We dive into questions such as…
— Are small businesses a better investment than properties? — Is this a good business? — I’ve heard you can buy a business with zero down. Is that true? — Are there businesses I can buy while keeping my day job?
Episode Resources
Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 David C Barnett - https://www.investlocalbook.com/ http://ukbusinessbrokers.com/business-acquisition-courses/ David’s YouTube Channel - https://www.youtube.com/channel/UCbR8hQfFxBI4Idh4Zw65yZQ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - Lisa.forrest@liveoak.bank 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie
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JT wants to know about losing a house to the bank Can someone lose their house to the bank in a bad deal? It’s not something that usually happens if you buy right. What I’ve seen more of is people losing a house after their business becomes more successful. There is risk in business, you need to offset this in your dealings outside the business. Watch here: https://youtu.be/XNzqWU1e9NU Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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What if the suppliers won’t give you the same trade terms? Steve wants to know what happens when a business is sold as far as transferring over the name and all the accounts. What about customers? What about suppliers? What if they won’t give you the same terms? What if they don’t like you?!? Watch here: https://youtu.be/UJjtGc4pTxA Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Tonight I had John Warrillow on as a live guest talking about building value and exiting a business. John shared some of his own experiences and things he's seen from the world of exits.
Learn more about John at https://builttosell.com/
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Nobody likes to lose money, especially bankers. Buyers are trying to do deals that mitigate risk. Sellers want the most money possible. How might a seller help a banker feel comfortable doing a loan? It may come down to the terms and conditions of the seller note. Watch here: https://youtu.be/e3mAqBhS0-c Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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What, besides the numbers, is important? People buy a business for many reasons. In this week’s video, I’ll challenge you to consider whether you’re qualified to run the business AND whether it will take you where you want to go. Watch here: https://youtu.be/nV-h9tm1Gkk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Landlord wants more, what does that mean for me? Zafer says that his rent sometimes seems high, sometimes seems low. How can you tell if it’s the right price? What does it mean if local rents are going up? What if you own and you are your own landlord? Watch the video and I’ll tell you what I look for when analyzing a business’ expenses. Watch: https://youtu.be/FVuvjpIBd60 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Original show notes:
Please give a very warm welcome to the show David Barnett.
Top 3 Amplifiers:
-
Defining a small business
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Why buy a business over starting a new one
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Common mistakes to look for when buying a business
To listen, find other episodes, access the show notes, and find out more go to www.amplifyto7figures.com.
Enter the giveaway here: https://amplifyto7figures.com/giveaway
Find this podcast on iTunes: https://go.amplifyccom.com/itunes
If I had known this earlier, I would have wasted less time. Sometimes our thinking has biases that we don’t even know are there. When these biases limit our thinking, it can prevent us from seeing the truth. In this week’s video, I explain what I’ve learned over fifteen years that made a big change for me about a decade ago when I look at a business. This tip can save you a lot of wasted time and money. Watch: https://youtu.be/t2a-e68-Y_A Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Original Notes: IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 2:23 How David got on the journey of helping entrepreneurs 12:25 Positioning a business to be attractive for buying 15:57 Top 5 reasons why business go for sale 19:30 Mistakes that sellers often make 23:46 The “dream” of selling a small business for $1 million 25:07 Development of small businesses in Canada 30:03 Understanding the terms of sale 37:07 The role that insurance plays in business and transferability 45:10 Who David wants to be a hero to
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YouTube Channel: https://www.youtube.com/user/DavidCBarnett
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HC2020#9 Mike lives in NC and wants to buy a business in California! Mike is a successful property developer and wants to get into something with a smoother cash flow. What does he need to do when he takes over the new business and how can he manage this thousands of miles away?
https://www.BusinessBuyerAdvantage.com
HC2020#8 Dee wants to get out of being a real estate agent and now wants to get into being a hotel owner! The problem is that she doesn’t have money to invest. How can she figure out a way to buy a hotel with no money during a pandemic?!?
HC2020#7 Eric has been diligent in buying houses and keeping them an income properties over the course of his military deployments. Now he wants to get into business and wanted my input into choosing his target industry and laying out a plan. We get into a big discussion regarding Net Normal Position in Working Capital. Lots to learn here. Watch on YouTube or listen on SoundCloud.
HC2020#6 Dean calls to talk rollups but does he really mean conglomerates? I lay out some examples that I’ve worked on and why things happen the way they do and what any plan needs to contain. Also, how some business owners do it wrong and what can happen
HC2020#5 Young 20-year-old Rashad in Dallas is looking for a way to buy up a lot of small businesses and put them together into a big enterprise. His ultimate goal is to have businesses in many industries so that he’s diversified. AND- he’s looking for things that are scalable. What Rashad needs is a plan.
HC2020#4 Paul H. has moved from Michigan to Florida. While he keeps his Michigan business going via Zoom, he wants to know my ideas of how business valuations can help him build a business brokerage in Florida.
Cody already has a successful business selling his own unique products via Amazon. He's a former financial trader who wants to start acquiring other Amazon businesses to add on to his established infrastructure.
HC2020#2 After many bumps and bruises in business, Christian has finally figured out how to make money with his business. Now he wants to leave it all and get into a riskier one without enough money. Should he keep chasing new business ideas or deal with the real problem that plagues him?
HC2020#1 Cole is a young man in Texas who wants to be in business. He’s got a career sailing ships but wants his own thing to keep him at home so that he can be a family man. See on YouTube: https://youtu.be/oNZncGCF3jw
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The cash flow is not always the cash flow. Paul sent in a question about the difference between Net Income, Cash Flow and SDE. What is the difference and when do we use them? What danger is there when we don’t understand the numbers? Many people mess this up and end up working for nothing in their own business. Watch here: https://youtu.be/E0IEGtsIE1o Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn cash flow forecasting and business plan writing at https://www.BizPlanSchool.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Asking for 2% more should not be what you’re afraid of. Fear the feeling that you can’t. Eric wants to know about strategies for raising prices in a manufacturing context. A relationship is about value which can be about more than just price. Relationships also mean frequent contact and mutual understanding. If you’re afraid to raise the price, then maybe there’s something else missing from the relationship? Watch: https://youtu.be/np9KDSCUhzw Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Today on The Wealth Secrets Podcast, Sean Adams welcomes back David Barnett, business consultant for small to medium sized enterprises and the bestselling author of Invest Local and other titles. His decades long of combined experience at Yellow Pages, American Express, and business brokerages have made him an expert in business buy and sell, business valuation, and deal making. David shares his tips for how to invest in cash flowing businesses and how to add value as an investor.
[03:26] Getting to know David Barnett [08:01] Buying a business VS starting a business [11:41] What to consider before buying an existing business [16:12] Delegate responsibilities not tasks [22:42] Goodwill and how it affects business valuation [34:02] A cash flowing business is an active investment [37:34] Opportunities to improve a business’ underutilized assets [44:39] Where to find investment opportunities
The biggest risk in starting a business is the uncertainty of reaching your breakeven point. It’s even more challenging to make a profit. Acquiring a business that has a secure cashflow may be a safer investment decision depending on your financial situation. Before buying an existing business, ask yourself these two questions: What is the cashflow? Will I be able to generate the same cashflow under my stewardship? Answer these questions to determine the returns and risks. An enterprise that doesn’t have standardized processes, manuals, and tools in place will be much harder to take on. On the bright side, you may also view this as an opportunity to acquire the business at a lower cost. Evaluate what other areas of the business are underutilized. Use your skills, knowledge, and resources to make further improvements. Looking for investment opportunities starts with introspection. Create a list of your strengths and expertise. You’ll get an idea of which business and industries will match your skill set. Search for business listings and online databases for the niche you’re interested in. Reach out to the owners of the businesses and build relationships with them and other industry specialists. In time, you’ll find a cash flowing business to invest in that will be a good fit for you.
Links and Resources: David’s LinkedIn: https://www.linkedin.com/in/davidbarnettmoncton/ David’s Website: https://www.DavidCBarnett.com David’s YouTube Channel: https://www.youtube.com/user/DavidCBarnett
Connect With Sean:
Facebook: https://www.facebook.com/profile.php?id=100060279543976 LinkedIn: https://www.linkedin.com/in/leveraged-life/ Instagram: https://www.instagram.com/sean_adams103/ Youtube: https://www.youtube.com/channel/UC0i91Q-fFy70LkaFxvfnGpg
For more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: sean@leveraged-life.com.
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Investing means avoiding speculation, especially if it looks like investing when its not. How can we mentally examine a business idea to see if we’re on the right track or not? In this week’s video, I give a framework of three simple ways to look at a business to help point our the most obvious areas of concern. With forethought, comes the opportunity for preparation which might keep you out of trouble. Watch and I’ll try to ask the right questions: https://youtu.be/0877ElO_cFE Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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You don’t want to waste your time with someone who’s just fishing. Neil wrote in to ask how he can measure if a seller is serious or not when you find a business advertised for sale. It’s all about investment in the process and you can measure this with just a few questions. Watch and I’ll show you how: https://youtu.be/4qoVsmKF8yo Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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When it’s too good to be true. Do you believe people will pay money in order to help you get ahead? Do you believe that an opportunity for amazing investment returns will come knocking on your door? Do you believe everything you read and hear? Not only do we need to think about what we’re hearing, we need to understand the motivations of the source. Today’s recording is a little bit different. Watch and learn more here: https://youtu.be/G-2Yc4wRd7M Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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How can you exit a business without using a broker? Well, actually, there are a whole list of ways to do it. Keep in mind though, that ‘exit’ doesn’t always mean ‘sell.’ Watch and learn more here: https://youtu.be/33XaNDt7qVc Learn all the ways I can help you exit a business at https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Join Yat-Long and I as we cover some exciting drama and tell you about some amazing features we have planned for the summer. -1st travel experience since the 'rona -Near death experience in a flooded elevator -The minivan saga -Xmas in the summer -Weight Loss Challenge -Small Business Systems https://www.EasySmallBizSystems.com
The video about ROI Lies is here: https://youtu.be/74ISnsgtwlM
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Will a 229% ROI make you want to do this deal? I was asked my opinion on a widely publicized book about buying businesses. It’s got a big fat problem. The author overstates the rate of return and potential benefit of buying a business. Instead of just being critical, I take his example apart and show you step by step what is wrong with it. Check out my outrageous opinions in this week’s video: https://youtu.be/74ISnsgtwlM Learn to make cash flow forecasts and business plans at https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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https://mitchrusso.com/ https://clientfol.io/client/ Mitch Russo has founded and sold businesses and been active as a business coach since the 90's. He's even worked with Tony Robbins. In today's broadcast, we're going to discuss some of the lessons he's learned and learn about how his coaching business has created the foundation for another software business. The longer you're in business, the more opportunities you see. Subscribe to my email list https://www.DavidCBarnettList.com
Listen to my fun conversation with Ryan Condie as we dive into… — Don’t Start a company from scratch, Buy a Foundational Company First — How to get a deal done — Cash Flow Forecasts — Buyers and Sellers need to Collaborate — SMB’s are barely away from falling off a cliff…
For more information about this episode, check out Ryan's website: https://www.letsbuyabusiness.com
Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Join my email list here: https://www.DavidCBarnettList.com
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Paul’s journey to learn the Jedi arts… Paul reached out to me to find out where he needs to go in order to learn about the trade of business brokerage.
I take some time to review the experience, skills and resources any person would need to be successful as a business broker. With particular attention to how and from WHOM you should gain some real-world experience.
Check it out in this week’s video: https://youtu.be/0qd6xRNN-I4
Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com
Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com
Learn how to make really amazing cash flow forecasts and business plans: https://www.BizPlanSchool.com
Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Mentioned in Video: https://www.HowToGetOutofMyBusiness.com Find my books at https://www.Amazon.com/shop/davidbarnett https://www.ibba.org https://businessbrokeragepress.com My life as a business broker: https://youtu.be/LsieCGOiS9I business brokers mergers and acquisitions smb
Learn from your cousin on the other side of town. Sellers: Do you tire of waiting to be paid or are you excited to be making a high-yield investment? Perspective is important in how you approach the topic of financing the sale of your business. Learn why you might need to be part of the financing solution of a business sale and why this may be an amazingly profitable turn of events. Check it out in this week’s video: https://youtu.be/PO1M-_wq-m4
Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com Learn how to make really amazing cash flow forecasts and business plans: https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Listen as I join Josh Wilson on his show, The Deal Scout, where we talk about investing in local businesses. I also share my thoughts on how to mitigate risks and get great returns back by collateral and personal guarantees!
Check out Josh Wilson here: https://thedealscout.com/
Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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The Terms can be more important than the price. How much would you pay for a business if you were afraid that the customers wouldn’t like you? This can be a problem in many small businesses where there is a relationship directly between the business owner and the important customers. If an owner never invested the time to prepare, they may not be happy about the solution to getting a fair price for the business. Watch and learn more. Check it out in this week’s video: https://youtu.be/O48arsARXq4 Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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The way money goes into a business controls how it can come out. Lending money to a corporation you own creates a debt and an asset. These can be part of the tax strategy employed when selling and can create options for buyers and sellers. Watch and learn more. Check it out in this week’s video: https://youtu.be/MXkBD37STTI Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Original release notes. Reposted with permission.
Bad Funding Choices for Small Business with David Barnett The economic shutdown has been costly for small businesses. If you’re an owner concerned about the future health of your business, what should you do? Could you sell your business? What are your options if you have a lot of business debt? On today’s podcast, guest David Barnett, a business broker, returns to discuss how COVID-19 has impacted small businesses and why some businesses are having a harder time selling than others. He also shares strategies some companies have deployed to stay afloat during the pandemic and advice to avoid bad business funding choices. David also explains the sunk-cost fallacy and recency bias to help you understand whether it’s financially worthwhile to maintain your business. Tune in for lots of practical advice! | Debt Free In 30 | Ep. 354
Related Links:
Debt Traps of Buying a Business with David Barnett: https://www.youtube.com/watch?v=-HbW9... David Barnett’s Website: davidcbarnett.com David Barnett on Twitter: https://twitter.com/DBarnettMoncton
Getting your cash bomb ready to pull the trigger on a deal can make you flexible. Want to outmaneuver the other buyers? Be able to have the cash to make a deal with no banker. It does have it’s risks, depending on where you get the cash and what the terms are. Especially now given the price of many assets. Check it out in this week’s video: https://youtu.be/W6WBiRp-LK4 Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Sara Christensen has had to suffer the loss of a successful business because of cancel culture online and she's not the only one. Join me as I talk to Sara about her new business- Protecting and defending businesses against this very threat. https://www.StopCancelCulture.com
Sara was the May guest speaker in the Business Buyer Adventure group coaching program https://www.BusinessBuyerAdventure.com
Set a reminder for yourself so you don't miss it live. Replay will be available on YouTube and my blog https://www.DavidCBarnett.com
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Zafer is working hard, where is the Goodwill going? Zafer emailed me to say that the business he bought is doing better, so why does the goodwill on his balance sheet keep going down? Should it not be going up? It all has to do with accounting rules and something called conservatism. I explore that and also answer how the Goodwill got onto the balance sheet in this week’s video: https://youtu.be/Q6TQF1NZ58w Learn how to buy an already-successful and profitable business in a risk-reduced way even in the Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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This release is a secret. Marc is at www.NaturalBornCoaches.com We discuss wantrapreneurs, business cosplayers and douchepreneurs.
Cheers
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Sujit wants to know if there are ways to improve his Personal Net-Worth Statement. Want to impress your banker that you’re good for the loan? You’ll need a great net-worth statement. But, what qualifies as an asset and what kinds of liabilities may hurt you? This week I explore some of the things I’ve seen and some of the reactions bankers have had to them. Also, a few mentions about the tricks some people try to employ. Check it out in this week’s video: https://youtu.be/cb4RDbjI0mw Learn how to buy an already-successful and profitable business in a risk-reduced way even in the Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Here's the agenda- Motorcycles 3 year anniversary of the Adventure group. When your BATNA is a startup David's weight goal Dad bods
Join us, it'll be fun
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Gerber talked about the Entrepreneur and the Technician. What about the Investor? Peter wanted to know if making separate companies for real estate and operating business would help with the ‘normalization problem’. I explained in this old video about millennials and boomers: https://youtu.be/uCSTCS2z3tk I address the whys and why nots but then get into the meat of the problem. It has to do with the mentality of the business owner and whether they have the discipline to make the tough choices. Many do not. Are you brave enough to do extreme things? Like evict your own business from your building?... Check it out in this week’s video: https://youtu.be/HR-sZRmn3M4 Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Scott Smith is an expert and making sure your assets remain safe in the case of lawsuits and others who might try to pillage them. Tune in live and we'll discuss some strategies used in the US and give you some ideas of what can be done in other countries as well.
Learn more about Business Buyer Adventure at https://www.businessbuyeradventure.com Join my email list at https://www.DavidCBarnettList.com Find Scott online at https://www.RoyalLegalSolutions.com
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Is small business equity a good investment even in a portfolio? I received a question from a YouTube subscriber about investing in the equity of many small businesses. Making a portfolio, if you will. I discuss if this is a good idea, what it would take to pull it off and a much easier solution. Check it out in this week’s video: https://youtu.be/eNMq77ZoiAE Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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What will a business lender think of Eric’s Plan? This week I answer Eric’s question about whether I think it’s a good idea to stop paying his mortgage in order to build a down payment for a business. He also wants to know what business lenders might think. I answer the question and go deeper. What are your true long-term burning desires and what are you willing to do to achieve them? Check out my outrageous opinions in this week’s video: https://youtu.be/amAQ1HJinA4 Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Owing money to a seller when buying a business. This week I answer two questions about seller financing when buying a business… One about whether a seller will sue you for the balance if there is a default. Another about the ideal amount of financing that should be used when buying a business. Check out my outrageous opinions in this week’s video: https://youtu.be/YhEs5CG3uGs Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Andrew Stotz is the founder of A. Stotz Investment Research and host of My Worst Investment Ever Podcast. He's made a serious hobby out of analyzing failure! In our show, we'll cover 6 guaranteed ways to lose your money and some strategies to win.
Please join us live and to ask questions. Link to Andrew's course: https://academy.astotz.com/courses/finance-made-ridiculously-simple?coupon=davidb
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Yat-Long and I will be discussing my podcast and whether it needs a catchy name. We'll share some news about the celebrations planned for the Adventure group. News about my weight loss journey and the new motorcycle. Join us live!
https://www.BusinessBuyerAdventure.com
o Sell Your Business Play • 49 min Join your host Giuseppe Grammatico and his guest David Barnett as they talk about exit strategies, the business selling model that works better for clients, and what one needs to do to sell a business faster. In this episode, what's done to a business operation-wise is valued more than what you've put into starting the business, David clarifies. For it to be viable to buyers, numbers need to be up, visible, and sustainable. He emphasizes that before a business can even enter an exit phase, it needs to be in prime shape, especially before an owner's lack of interest and focus starts impacting the results.
In this episode you will learn: Business owners and franchise investors when it comes to exit strategies. Different businesses have varying multiples. Cashflow > Revenue – Why operation is key. What are the reasons why people sell their business?
About David Barnett:
David Barnett is a 1998 graduate of the Williams School of Business and Economics at Bishop's University and a graduate of UNBSJ's Electronic Commerce Management Program. Since the late '90s, Mr. Barnett has been building his profile as an expert in the field of small and medium-sized enterprises.
Mr. Barnett joined Sunbelt Business Brokers in 2008. Sunbelt is the world's largest network of business brokers with over 300 offices on six continents. In 2009, after completing training and testing over 18 months in both Canada and the U.S., Mr. Barnett was awarded the Certified Business Intermediary designation by the International Business Brokers Association, which he maintained until leaving the profession. In 2009, Mr. Barnett's company, ALP Ltd., purchased the Moncton Sunbelt office.
Barnett's April 2016 book, How To Sell My Own Business, became a best seller under Amazon's Entrepreneurship category in its release month.
https://ggthefranchiseguide.com/podcast/
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Fastest pen in The West… Michael got the inside scoop on a business coming up for sale and lost out to a buyer who put it under contract within hours. Also, there was no good information available at the time. What on Earth is going on here and how can a reasonable buyer wanting to make a good deal do to compete? Or- are there just too many crazy buyers out there right now? Learn the answer to this question and more in this week’s video: https://youtu.be/pCzDZS_WYwg Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Livestream from April 19, 2021... Join me in welcoming Jeff Morrill to the channel. Jeff is the former owner of a car dealership who has just released a new book called 'Profit Wise: How to Make More Money in Business by Doing the Right Thing.' Yes, it's true! You don't need to be a scoundrel to be successful in business. Jeff is going to join us in talking about his real-life business experiences. We'll discuss sales, marketing, hiring and firing and when it just doesn't pay to be involved with someone when your gut says something is not right. Join live to ask your questions. Learn more about Jeff at https://www.jeffmorrill.com/ Learn about setting up proper business structures and systems to allow you to leave the day to day for others at https://www.EasySmallBizSystems.com
Thanks to Sean Adams for having me on his podcast. Here are his original show notes:
David C. Barnett is a business valuation and acquisition specialist whose primary focus is on small businesses and local investing. He is also the author of three best-selling business books, one of which will be the basis of today’s discussion. We talk about local investing, why small businesses struggle with financing, and the future of local investing.
[03:30] Getting to Know David C. Barnett
[07:40] Why Small Businesses Struggle to Get Financing
[11:16] The Downside to Business Loans
[12:40] Local Investment Opportunities
[17:30] David’s First Encounter With Profitable Local Investment Opportunities
[22:37] Local Investment as an Alternative Investment Option
[24:09] Vetting Process before Closing a Deal
[29:20] Importance of the Human Element During Deal Making
[32:30] Risks Associated With Local Investments
[38:10] Creative Strategies to Grow Your Wealth
[43:18] Unique Local Investment Opportunities in a Post-Pandemic World
[48:56] The Future of Local Investing
Why Small Business Struggle to get financing
Over 95% of all businesses in the country are small businesses, yet banks and financial institutions are often unwilling to finance them. Why is this the case? Most small businesses are owner-dependent, which means if something were to happen to the owner, the business would practically crumble. The other thing is that small businesses are often built upon traditional business models that don’t cushion them during tough times.
Local Investment Opportunities
With small businesses struggling to secure loans, investors can take advantage of this financial gap by financing these businesses at an interest. Mind you, we’re not talking about loaning people with poor credit or exposing yourself to high-risk situations. We’re only after great deals that have higher growth potential and low risks. These businesses can include specialists who need expensive equipment to perfect their crafts. Nonetheless, you need to create a win-win situation where the borrower saves money on interests and gets quality equipment while guaranteeing your security. The more successful a borrower is, the lower your risks and the more transactions you can pull off together
Links and Resources
David’s YouTube Channel
David’s Website
David’s Book: Invest Local
David’s LinkedIn
Connect With Sean:
Facebook: https://www.facebook.com/profile.php?id=100060279543976
LinkedIn: https://www.linkedin.com/in/leveraged-life/
Instagram: https://www.instagram.com/sean_adams103/
Youtube: https://www.youtube.com/channel/UC0i91Q-fFy70LkaFxvfnGpg
For more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: sean@leveraged-life.com.
All shared information from the Wealth Secrets Podcast should not be taken as legal or financial advice. Please consult with a professional before making any decisions.
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Outsourcing your way to a sale. Alan was watching my live interview about Minimalism with Aaron Clarey and sent in a question about outsourcing. What if you outsourced absolutely everything? Would you still have a business to sell? Learn the answer to this question and more in this week’s video: https://youtu.be/q9NoUwiGa6E Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Andrew Stotz was kind enough to have me on his show to talk about some of the ideas in my book; 21 Stupid Things People Do When Trying to Buy a Business.
Here are his original show notes:
Quick take BIO: David Barnett is the author of 21 Stupid Things People Do When Trying To Buy a Business. Presently he works as a private transaction advisor with people buying or selling a business.
STORY: We get a preview of his book as he takes us through the top 5 stupid mistakes people make when buying a business.
LEARNING: David shares a host of lessons for people trying to buy a business.
“If something looks like a really good deal and you don’t know about that industry, ask yourself why isn’t somebody else in this industry picking up this company.”
David Barnett
Guest profile David Barnett loves to say that it took him 10 years to un-learn what he was taught in business school. University had trained him to be a middle manager in big enterprises, and he was unprepared for the realities of small business.
After a career in advertising sales, David started several businesses, including a commercial debt brokerage. Helping to finance small and medium-sized businesses led to the field of business brokerage. Over several years, he sold dozens of businesses for others while also managing his own portfolio of income properties and starting his career as a local private investor.
David regularly consults with professionals and banks on business and asset values. Presently he works as a private transaction advisor with people around the world who are buying or selling a business. Find him at Davidcbarnett.com.
Worst investment ever In this episode, we will jump straight to the top five stupid mistakes that people make when buying a business, as explained in David’s book 21 Stupid Things People Do When Trying To Buy a Business: Learn how to avoid these awful novice mistakes. Then we will look at some of the things that Andrew takes away from the interview.
Lessons learned 1. Failing to understand how businesses are valued A lot of small business owners and potential buyers do not understand that it is not the business that is being bought or sold; it is the cash flow. So when purchasing a company, find out how much cash flow it is generating, then ask yourself as a buyer, what are you willing to pay for that cash flow, given your ability to run the business.
Also, when looking at growth opportunities, while there could legitimately be an opportunity, do not pay the seller for it because you are the one that has to do the work to deliver the result, not the seller.
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Failing to account for the value of the buyer’s labor Most people will be very optimistic about a business’s cash flow, and they will not put a high enough price on their own time when they are examining the business.
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Failing to account for the value of capital People always forget that they need a return on the cash they put in the deal. When you put money that you have saved up over years or decades into an acquisition, you need to get an adequate rate of return on that equity you have put in.
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Overcommitting projected free cash flow to debt service Go for a business with a much greater debt service coverage ratio because the last thing you want is a cash crunch that bleeds out your free money.
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Failing to adjust for operating capital Many small business owners are experts at what they are doing, but they are not financial professionals. So they fail to generate optimized balance sheets.
Andrew’s takeaways Cashflow growth depends on your effort, not the seller When you buy a business, you buy two things; the existing cash flow and growth in that cash flow. So your job is to keep that cash flow growing.
Focus on the net profit While other metrics can be helpful, net profit gets straight down to the bottom line.
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Broke Phil wants David’s career advice. Phil was watching my interview with Carlos about no-money-down courses offered online and wanted to reach out about taking Dan Pena’s course. Phil is out of work because of covid rules and thinks buying a business might be the solution to his troubles. Do people really buy businesses to solve their problems? I’ll explore this as well as give Phil some practical advice to start building a more solid financial foundation that might one day lead to business ownership. Learn the answer to this question and more in this week’s video: https://youtu.be/nBoNclTg3nE Find all the videos and articles about buying a business with no money over at https://www.investlocalbook.com/p/buy-business-with-no-money.html Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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The difference between one truck and 500. Dan was watching an old video of mine about valuing small businesses and posed a question about something Warren Buffet says. Basically, Buffet doesn’t like EBITDA valuations because he doesn’t believe that little fairies will pay for the equipment and machinery used in a business. But, as I teach in this week’s video… the depreciation figure you see on the paper is NOT the way to ward off the magic fairies… Learn the answer to this question and more in this week’s video: https://youtu.be/_S2m1dieX6w Learn how to be amazing at creating cash flow forecasts and business plans by enrolling in the David C Barnett’s Cash Flow Forecasting and Business Plan Writing program here: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business broker business brokers mergers and acquisitions m&a smb
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Buying a Client List vs. a Business I received a message from Kim Kardashiann on this old video from 2015. What if instead of buying a business, you just want to buy the list? How do you put a price on that? Well, just like in pricing a business, it depends on the certainty of the cash flow under your stewardship. As you get into riskier and riskier lists, ownership may not even make sense. But, there is another way to profit from them. Listen as I explain this thinking to Kim in this week’s video: https://youtu.be/nkqQBn6DZSE Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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This week I have Giuseppe Grammatico, the Franchise Guide and author of Franchise Freedom on to talk about new franchises.
He knows I wrote a book called Franchise Warnings and isn't afraid to come and talk to all of you!
We're going to have a frank conversation and if you join us live you can ask us any question you want.
Guiseppe has been helping people choose the right franchise for years.
Never miss any of my videos or livestreams by signing up for my email list at https://www.DavidCBarnettList.com
Find out more about Giuseppe at https://ggthefranchiseguide.com/ https://www.myfranchiseroadmap.com
Thanks to Rocky for allowing me to share this episode with my audience. Here are his original show notes...
Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports so that they can make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz
Effortless Cashflow Course: http://bit.do/effortlesscashflowcourse
Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes
David Barnett has been working with small businesses for over 20 years. He’s helped them grow, he’s helped entrepreneurs buy and sell them, he’s helped people finance them. David is the author of 7 books about small business transactions and local investing. He’s the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing SMEs and can be found anytime at his blog site www.DavidCBarnett.com
E-mail: dbarnett@alpatlantic.com, https://twitter.com/dbarnettmoncton https://www.youtube.com/user/DavidCBarnett
More about making profitability simple: http://profitcomesfirst.com/
Questions: questions@profitanswerman.com
Email: rocky@profitcomesfirst.com
Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/
My podcast about living a richer more meaningful life: http://richersoul.com/
First 2 chapter of Profit First: https://mailchi.mp/1bf6b892deda/profitfirst
Music provided by Junan from Junan Podcast
Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.f
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Hey Mr. Broker, can you share your paycheque with me? Sujit was watching my video about small business tax returns and financial statements and wanted to know if it would be reasonable to ask a business broker for a realtor-type deal… Like 50% cash back on his commission! There are important differences between what business brokers and realtors do. Please don’t confuse them. Realtors should not be selling businesses as I explain in this oldie- https://youtu.be/s9HkiHiiEB0 Now, what about Sujit and his 50% discount… is that a doable thing? Learn the answer to this question and more in this week’s video: https://youtu.be/jDdxBzjEffg Learn how to borrow money from your business broker here: https://gum.co/BorrowFromBrokers Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Jaryd Krause is the host of the Buying Online Businesses podcast and also the expert guest speaker this month in the Business Buyer Adventure group.
I'm going to ask him about what has changed this year with online businesses and the pandemic. Particularly the small 'side hustle' businesses.
He's only got 30 minutes so this will be a quick one.
Learn more about the Adventure group at https://www.BusinessBuyerAdventure.com Learn more about Jaryd at https://buyingonlinebusinesses.com/ Jaryd's 2019 appearance on my channel: https://youtu.be/oEfl9Ex9CXY
Stop missing videos and emails. Join my list at https://www.DavidCBarnettList.com
John had me on his show which can be found and I'm happy to share with all of you.... John's show notes-
David is the author of eight books on business buying and selling plus a YouTube channel with hundreds of episodes.
He specializes in Main Street businesses, which he defines as those with EBITDA of under $500,000 and in this episode he discusses the positives and negatives of buying and selling companies in this size range. These are really businesses in need of an owner-operator.
David also covers:
Buyer mistakes Earning definitions Seller misconceptions Provides a great success story (with it's ups and downs)
You can find out more about David at www.davidcbarnett.com or on You Tube. #davidbarnett, #@dbarnettmoncton
What if the business owes more than its worth? Arilyn wants to know about buying a business when the outstanding value of gift cards is more than the business is worth? She left her comment while watching this old video about handling gift certificates in the sale of a business: https://youtu.be/hWm4ZQxWlEw Is there a difference between buying a business that owes more to banks or vendors? What makes gift certificate debt different? Could it actually be a riskier type of debt than other forms? Who controls the ‘amortization period’ of this debt to the public? Learn the answer to this question and more in this week’s video: https://youtu.be/qwMLbyoBvt4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com (with new modules on distressed businesses and buying during a recession.) Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Ted J. Leverette has experience in helping people buy businesses that goes back to the 1970's.
In this live cast, we'll be talking about his experience and how things have changed because of the internet.
We'll discuss what we're seeing as far as how deals are changing because of Covid and if there are any opportunities or deals that will be available because of the pandemic.
It's going to be a great episode. I know you'll enjoy it.
Ted's site: https://partneroncall.com/ Ted's YouTube Channel: https://www.youtube.com/channel/UCSbV0olKKTETU-PtZv4bHBg Join my email list at https://www.DavidCBarnettList.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Find out more at my blog https://www.DavidCBarnett.com
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Sebastien is in a highly technical field and is curious about the idea of letting employees invest along with him in order to keep them involved. Great question. A lot of entrepreneurs get excited about the idea of involving employees as part of the ownership only to discover later what some of the pitfalls might be. There is a lot to be said about being the one and only supreme commander of your business. Setting up the apparatus of a less-despotic system can create some grief AND force you to fly economy sometimes. Watch and learn more here: https://youtu.be/pepAFmhVO-c Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Yat-Long joins me to let you all know who won our contest prize.. also- I'll show it to you. Follow ups on my weight loss, an important anniversary and upcoming guests for the channel.
A very big reason why you should be on my email list https://www.DavidCBarnettList.com
Our contest winner has his own YouTube channel: https://www.youtube.com/user/MrMoneybootcamp
See you!
Mentioned in this stream: Cash flow forecasting: https://www.BizPlanSchool.com Adventure group: https://www.BusinessBuyerAdventure.com Business Buyer Advantage course: https://www.BusinessBuyerAdvantage.com
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article...
David wanted to know if the investors on TV’s Shark Tank get ‘diluted’ and Apostle wanted to know how to sell shares in his own business. I answer question #1 and dig into the complexities of question #2 in this week’s video. Spoiler… Yes, you can likely sell some shares to your mom without worrying too much. Watch and learn more here: https://youtu.be/SLC0BoL-hOI Learn how to make a cash flow forecast and business plan at https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Who pays the most for buying businesses? Private Equity Firms. This week I speak to Mike Finger from www.ExitOasis.com about selling your small business to a private equity firm. Or... maybe do an ESOP exit or sell to a Family Office.
Mike is a regular guest and always generates insightful discussions.
Join us live.
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article...
The gulf between big and small. Allison wrote to ask about looking at future profits when analyzing a business to buy. ‘Theory,’ she says, ‘talks about reflecting the future.’ What on earth is she talking about? Does it apply to the world of small businesses? Watch and learn more here: https://youtu.be/PxTJlj6nC78 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
businessbroker #smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #acquisition #entrepreneur #investing #investors #business #management #SMB #analysis #normalization #recasting #discountedcashflow #valuation
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What you really need to know about small business tax returns. Nick is looking to buy a business and wants to know if there is a checkbox on the tax return indicating if it’s good and profitable. Well, it’s not so easy. Firstly, the tax folks design the forms for their purposes. Secondly, the information put into the form may not actually be relevant or correct. This week I dive into small business financial reporting to uncover what can and cannot be trusted! Watch and learn more here: https://youtu.be/6_v9wpSTI0Q Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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...or does success come more easily if you're a minimalist?
I'm joined by economist Aaron Clarey to discuss how making certain lifestyle choices can enhance the freedom in your life and shorten the distance between you and your goals.
Most importantly, Aaron will share results of reviewing research which reveals why we all feel so compelled to want more stuff and how this knowledge can be used to evolve.
Check out Aaron's Minimalism program: https://theclareyschoolofeconomicphilosophy.teachable.com/
Learn more about Aaron, economics and making better decisions at: http://captaincapitalism.blogspot.com/
Aaron's book- Poor Richard's Retirement: https://www.amazon.com/gp/product/154553909X/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=captaicapit0b-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=154553909X&linkId=45c4ea03097b1a5e12e0fbe0b148598e
Aaron's book- Bachelor Pad Economics: http://www.amazon.com/gp/product/1494463180/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1494463180&linkCode=as2&tag=captaicapit0b-20&linkId=QTM5OYMWOORSUEQQ
Aaron's book- Worthless: http://www.amazon.com/gp/product/1467978302/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1467978302&linkCode=as2&tag=captaicapit0b-20&linkId=6JZGO4M6W7N57ZHC
https://www.TheVirtualHub.com/DCB Learn about the Adventure group: https://www.BusinessBuyerAdventure.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Related Article:
Barbara spent an hour with me in the Business Buyer Adventure group discussing how to better hire and manage Virtual Assistants overseas. Today, she’s joining all of us in discussing how to better delegate roles and tasks to employees. What do employees want? How do we allow new employees to feel like they’re fitting in? How can we help make sure new employees are able to properly integrate into our businesses so that they can achieve their best outcomes? Watch and learn more here: https://youtu.be/2_pPrttzDtQ Find Barbara online at https://www.TheVirtualHub.com/DCB Maybe you should be in the coaching program too? Learn more at https://www.BusinessBuyerAdventure.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Yat-Long is my new assistant and business development manager. We're going to be talking about goals for David to get onto podcasts. Secrets from the past -AND- A special treat for anyone who owns a FedEx delivery route! Reach us at info@alpatlantic.com
Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn more and join my mailing list https://www.DavidCBarnett.com Related article... When is the right time to bring private investors into a deal? It’s the 11th hour, the banker says you’ll be coming up short. Is now the time to call Cousin Larry, Auntie Bertha or your old work buddy Pete? I meet lots of people who believe that they’ll line up investors for a deal when they need the cash. This is not the time to be finding investors. The time to find them is when you hold the cards and you can take them on a lifelong journey to help you grow while they earn great returns. Watch and learn more here: https://youtu.be/HJ2b9MsXSCI Learn to do cash flow forecasts and build business plans at https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article...
Chip wants to know how a business can be ‘unsellable?’ Wouldn’t every business have a price, even if it’s just $5 and cab fare? Sure, but is that really a business or a bunch of assets being sold at a discount. This week, I dive into how I may use certain words differently than new viewers and why there are indeed businesses that could likely never be sold. Watch and learn more here: https://youtu.be/3z5rJKFf5-A Learn to do cash flow forecasts and build business plans at https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
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Join me for a brief livecast where I will update you all on a few projects I've got going on including a new listenable course.
Learn about listenable here with discount for my viewers: https://frstre.com/go/?a=76205-87a7d9&s=1376484-503b20&p_affiliate.referral_code=davidbarnett1
Join my email list at https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
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Learn to make a cash flow forecast and business plan at https://www.BizPlanSchool.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com Related Article: What are all the ways to get investment into your small business? A comment from a YouTube viewer asked me to summarize all the ways you can get investments into a small business. Big Task! But, by considering it systematically, we can examine the different possibilities of how funds from an investor can enter a business to fund the things an owner needs. Watch and learn more here: https://youtu.be/K_y2ihtc95k Learn to do cash flow forecasts and build business plans at https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Did someone forward this email to you? Join my email list here: https://www.DavidCBarnettList.com
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Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn cash flow forecasting https://www.BizPlanSchool.com Learn more and join my list at https://www.DavidCBarnett.com Related Article: Can you do a cash-out refi on a business like a house? Jason Born asks if you can refinance to take cash out of a business like you can with a house? Good question, especially if a business owner needs to get their hands on some money. Bankers tend not to like seeing people remove the proceeds of loans being removed from the business. However, you may be able to do an asset juggle with new financings that might work. Changing terms of sale though, might be the easiest way to generate more cash. Watch and learn more here: https://youtu.be/EBGiloDerZ4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn about the group program https://www.BusinessBuyerAdventure.com Learn about selling your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business- https://www.BusinessBuyerAdvantage.com Learn about my group program at https://www.BusinessBuyerAdventure.com Learn to sell a business- https://www.HowToSellMyOwnBusiness.com Join my list and learn more at- https://www.DavidCBarnett.com Related Article: The Holiday Effect on Businesses for sale. What happens to business owners over the Holidays? They get a taste of what retirement might feel like. Things happen over the holidays, what should you have been doing to take advantage of this? Watch here: https://youtu.be/xsoOHfsKXps Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn about the group program https://www.BusinessBuyerAdventure.com Learn about selling your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Tune in as I host a Holiday open house party with business podcasters, friends and some past and present clients dropping by to talk about what they learned in 2020 and what 2021 may hold for the world of smallbiz!
Be sure to join my email list if you want to receive the Holiday Chat recordings over the next week. These are real tapes of conversations to answer questions from people just like you. https://www.DavidCBarnettList.com
Today's Guests Include: Mike Finger http://www.exitoasis.com/ Henry Lopez https://www.thehowofbusiness.com/ Adam Purcell Marc Mawhinney https://www.naturalborncoaches.com/ Rick Nicholson Jordan Evans https://www.languagenetworkusa.com
Find the book in my Amazon Store: https://www.amazon.com/shop/davidbarnett Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnettList.com Related Article: Minority Investor Rip-Off. Reuben wants to know how to make sure he’s not getting ripped-off when investing as a minority shareholder in a small business. Great question! You see, many small business owners often hide personal ‘perks’ within the expenses of the business and this reduces the amount of money available for dividends or distributions. How can you prevent this? As I explain in the video, there are several ways. I actually wrote a whole book about it back in 2014. Watch here: https://youtu.be/h-vutoFnQoA Find Invest Local in my Amazon store or on Audible https://www.Amazon.com/shop/davidbarnett Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
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My Xmas Eve party is now scheduled.. set your reminder here: https://youtu.be/ezRTLRa7How
3 Bonuses for Business Buyer Advantage only until Dec 25th. Sign up at https://www.BusinessBuyerAdvantage.com
In order to hear the Holiday Chat recordings, you need to be on the email list. Sign up here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my email list and find past videos and blogs at https://www.DavidCBarnett.com Related Article:
How Holding Companies Work. I received a few questions about holding companies. What are they? What do they do? How are they special? How would I take advantage of them? Just to make it easy… I made some slides on PowerPoint to illustrate a few points on this week’s video: https://youtu.be/ORWaTm7qYRw Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
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My Xmas Eve party is now scheduled.. set your reminder here: https://youtu.be/ezRTLRa7How
Only 3 Holiday Chat spots remain- A one-hour consultation with me that can be anonymous and will be broadcast to viewers worldwide! Also, a 66% savings for you. Sign up now: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8
In order to hear the Holiday Chat recordings, you need to be on the email list. Sign up here: https://www.DavidCBarnettList.com
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https://www.hightidecapital.ca Find Sam on Linkedin here: https://www.linkedin.com/in/sam-imbeault Learn to buy a business at https://www.BusinessBuyerAdvantage.com Related Article:
The reality of Private Equity Groups… Sam Imbeault is a professional investment banker who has just left a career with TorQuest Partners where he made investments in various companies. Sam and I discuss how these funds manage their investments, how they choose who to invest in and what his career there was like. Sam is now looking for a specific opportunity for himself in Atlantic Canada and we spoke a bit about that and how mid-market business owners can investigate who is approaching them as a credible buyer. Watch here: https://youtu.be/Da7a6yh0tv8 Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
smallbiz #mergersandacquisitions #smallbusiness #businessbroker #entrepreneurship #entrepreneur #searchfunds #buyabusiness #midmarket #mid-market
I answer Kevin Tran's question about being credible as a 22 year old business buyer.
Enroll in Business Buyer Advantage before Dec 25th and get the bonus recording from my March session and get invited to a live Q&A Dec 28th. Sign up at https://www.BusinessBuyerAdvantage.com
4 Holiday Chat spots remain, sign up here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8
Sign up for David's email list: https://www.DavidCBarnettList.com
Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn about the Adventure Group Coaching Program: https://www.BusinessBuyerAdventure.com Learn more and join my email list at https://www.DavidCBarnett.com
Related Article: Getting paid to work full-time searching for a business to buy… Easy, start a search fund. Now, it may be a little bit harder than that to execute. I’m getting a lot of questions about search funds. What are they, what do they do and is it really possible to pull off? The concept was popularized by the HBR Guide to Buying a Small Business. But, the title of the book is a bit of a red-herring.. let me explain.. Watch here: https://youtu.be/2WnLQwggtPU Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
I talk with Wizard of Ads partner Rick Nicholson about avoiding the Mushy Middle. We also get into the story of his restaurant fire insurance claim.
Get help with your business video needs at https://www.hollygstudios.com/
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Sign up for Holiday Chat 2020: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Thanks to Hermosa Beach Joe and Cheeky Cheeky for asking questions about buying hotels and managing dissimilar businesses.
Don't for get to like and share!
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My interview with Jeffrey Tucker, author of Lockdown or Liberty: https://youtu.be/Mnn7Ob5eqbc
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Find the books here: http://www.amazon.com/shop/davidbarnett Sign up for my email list at https://www.DavidCBarnettList.com Related Article: Some New Books for Santa to Bring… I often get asked about books that I recommend. This week, I’m taking you through a tour of my reading list that is maintained in my Amazon shop. Many of these will be books that have never made any bestseller list, but they all have important messages. Also, when in doubt, you can always order some of mine 😉 Watch here: https://youtu.be/_PYet-WFwDg My Amazon bookstore is here: www.amazon.com/shop/davidbarnett Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Rocky online at http://profitcomesfirst.com/ Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my list at https://www.DavidCBarnettList.com
Related Article: You need to put profit first. Rocky Lalvani is a self-made multi-millionaire and certified Profit First coach to business owners. That’s the Profit First system made famous by author Mike Michalowicz. This month, Rocky is the guest expert speaker for my Business Buyer Adventure group coaching program and I decided to invite him onto the main YouTube channel to share some advice. His famous mantra: Revenue is Vanity, Profit is Sanity and Cash is King! We do a quick overview of the Profit First system and talk about how small business owners can use some of these ideas to improve their performance in 2021. Let’s listen to him answer: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Join my email list at https://www.DavidCBarnettList.com Learn to make a cash flow and business plan at https://www.BizPlanSchool.com Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn more at my blog at https://www.DavidCBarnett.com
Related Article: Traits of failing businesses and their owners. Angela wants to know- David, what are the common traits you notice amongst failing business owners? Great question! I summarize the three most common things I’ve seen amongst those who fail. Also, my definition of failure is much broader than what you think. Watch and I’ll explain. So, make sure you have none of these traits when you own a business: https://youtu.be/fBiEaAbBsow Learn to make a cash flow forecast and business plan at https://www.BizPlanSchool.com Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Mark's podcast here: https://nyafinancialpodcast.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my email list and learn more at https://www.DavidCBarnett.com
Related Article: Creating your own financial resiliency. Mark Willis, host of Not Your Average Financial Podcast, comes back to discuss whole life insurance policies again. I was so intrigued last time that I went out to learn more and have decided to buy a policy myself. This is a liquidity tool that any entrepreneur can leverage for greater success. But how can it be all unicorns and rainbows? How can these things keep going up with all the financial crisis all around? I put the tough questions to Mark… Let’s listen to him answer: https://youtu.be/SpaLbbCnqnw Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Jeffrey on Twitter: https://twitter.com/jeffreyatucker Find Lockdown or Liberty in my Amazon store: https://www.amazon.com/shop/davidbarnett Get on my Small Business email list at https://www.DavidCBarnett.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com My blog is at https://www.DavidCBarnett.com Related Article: David and Hugh tackle Small Biz Myths #3 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around taxes, customers, prices, operations, absentee owners and customer feedback. Check it out here: https://youtu.be/2bGoS99wT-s Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com If you want help with those pesky business systems that were mentioned, go to https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Trevor online at https://www.crow.legal/ Watch the Roll Up Strategy video here: https://youtu.be/i_4_shRzEsQ Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join the list at https://www.DavidCBarnett.com Related Article: Converting a business and selling part of it to investors. Trevor Crow has been a recent expert guest for my Business Buyer Adventure group coaching program. Today, Trevor and I discuss a recent deal in which some partners in an LLC convert to a corporation and then sell 70% of it to some investors as an exit plan. This is both a tax and investment strategy being done on a lower mid-market business. I wanted to bring you this conversation because it touches on many relevant topics: • Rollups and Platforms • Exits • Minority Shareholder issues • Employment and management agreements/ shareholder/ partnership agreements. • Seller financing/ Skin in game with equity • Legal costs vs benefits of complex strategies for Main St. • Benefits of share deals vis a vis customers Watch the video of the interview here: https://youtu.be/oe9heG7IxTo Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Giuseppe's book offer https://ggthefranchiseguide.com/dcb Buy Franchise Warnings at Amazon or at https://www.FranchiseWarnings.com Learn to buy an existing business at https://www.BusinessBuyerAdvantage.com Related Article: Fitting the right person with the right franchise. Who is this right for? Who opens a new franchise? Why do they do it? What are some of the things that Giuseppe sees in his work with people trying to get out of the corporate rat race. With over a decade of experience, he shares some of what he’s seen work and what to watch out for. Watch the video of the interview here: https://youtu.be/RT60u5pI2m8 Make sure you read Franchise Warnings available at all Amazon stores worldwide such as Amazon.com and Amazon.ca or get the .pdf at https://www.FranchiseWarnings.com Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Zoran's brokerage in Australia-- https://www.xcllusive.com.au/ Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn to sell a business https://www.HowToSellMyOwnBusiness.com
Related Article: Can Business Brokerage be made to work better? Everyone loves to complain about the problems with business brokerage: • Sellers have the wrong expectations. • Brokers have mixed incentives. • Brokerage owners can mislead potential employees. • Starving brokers may act against a client’s interests. • Etc., etc… What could be done to make the business of selling businesses better? Listen as Zoran and I discuss how EVERY BUSINESS IS SELLABLE, just not necessarily under the terms the seller wants. Watch the video of the interview here: https://youtu.be/fUriKbaQkzk Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn small business systems https://www.EasySmallBizSystems.com Learn more and join my list at https://www.DavidCBarnett.com Related Article: David and Hugh tackle Small Biz Myths #2 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around employees, HR, hiring, sales systems, partnerships and more. Check it out here: https://youtu.be/pWyZFioNppk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com If you want help with those pesky business systems that were mentioned, go to https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com Related Article: ‘Just do a roll up strategy’ I spent some time with a ‘zero-down guru refugee’ a few months ago. They were broke, had no money and had been told that the secret to becoming rich would be a two-step process: 1. Find ‘the right’ deal which could be acquired with no money. 2. Execute a roll up strategy and become an industry consolidator. Great plan. Roll up strategies are real. They’re done by savvy investors. What exactly is it though? That’s the topic of this week’s video: Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Reach JT at info@www.ExitStrategies360.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Learn to buy a business https://www.BusinessBuyerAdvantage.com Join my email list https://www.DavidCBarnettList.com Blog https://www.DavidCBarnett.com
Related Article Buying and Selling restoration businesses JT Kraii from www.ExitStrategies360.com works with restoration companies across North America whose owners want to sell. JT gets into the details of how he ended up working in this niche and the particularities of this specialized construction trade business. Even if you’re not interested in this type of business, the interview will give you an insight into the types of things you need to learn about when exploring an industry you’re not familiar with. Sit back and learn about floods, fires and other disasters and how this leads to earnings for JT’s clients. Also, learn about how the structure of this industry is leading to reduced profits over time. Check out the interview here: https://youtu.be/WZqLpFhDlTo Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list at https://www.DavidCBarnettList.com Learn more at the blog https://www.DavidCBarnett.com related articles: David and Hugh tackle Small Biz Myths #1 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around hard work, planning, and passion. Check it out here: https://youtu.be/6jRsRi04GFw Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list https://www.DavidCBarnettList.com Learn more on my blog at https://www.DavidCBarnett.com Related Article: The problem of small strategic acquisitions. Shiraz wants to build a portfolio of small businesses run by managers. His problem is that the numbers just don’t seem to work. So how can we figure out how to acquire a good business at a reasonable price to make a good investment? Is it even possible? Let’s take the question apart and consider it from several points of view. Check it out here: https://youtu.be/jmRz4sqFAk4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Read the report yourself here: https://www.ibba.org/wp-content/uploads/2020/08/marketpulse-q2-2020-summary.pdf Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnett.com Related article: Who CARES about the IBBA Q2 2020 report? I’m not trying to be mean. I mean they left out the likely impact of the US CARES Act on the smallbiz marketplace. This week, I take a look at the Q2 2020 IBBA MarketPulse report and look at what seems to be happening regarding delays, dealflow, pricing and terms being reported by the industry’s most reputable brokers. I also talk about why I don’t think some market predictions have come to pass exactly as, um predicted. Government market manipulation! Regardless of your opinion on what governments have done because of Covid, their actions are certainly having an impact on the market for small businesses. Check it out here: https://youtu.be/w2ggbjCTB9M Learn Business Systems at https://www.EasySmallBizSystems.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn small business systems: https://www.EasySmallBizSystems.com Buy a Business https://www.BusinessBuyerAdvantage.com Get on my list and learn more at https://www.DavidCBarnett.com Related Article: Should entrepreneurs be trying to work less and less? This week I respond to a viewer question about whether he should be trying to work less and less over the course of his career of business ownership. Um, Yes. But how do I know this is possible? How do you do it? Why are most small business owners not doing this? These are the topics of today’s video. Here’s my advice for anyone concerned that they’re working too much in their business: https://youtu.be/46OP1b9bRr0 Learn Business Systems at https://www.EasySmallBizSystems.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnettList.com Learn more at https://www.DavidCBarnett.com Related Article: The phone company rep, cable guy and gym owner walk into a bar…. Who doesn’t like to make one sale and get paid over and over again? As a young man, I even considered a career in insurance because of two magical words- recurring revenues. Your insurance agent gets paid every year for the insurance policy you bought a long time ago. Sweet for them! But, do businesses that feature recurring revenues sell for more money than those who don’t? We need to examine the customer journey and ask ourselves- Is the sale really only made once? Recurring revenue may also mean recurring selling. Here’s my advice for anyone dreaming of dinging someone’s credit card each and every month…: https://youtu.be/HYw-bDuBzkc Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Rob online here: https://www.evolutioncbs.co.uk/ Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Related Article: Rob’s Secret Formula to Sell a lot of Businesses If you’ve been on my YouTube channel for long, you’ll realize that selling a business is hard and most never find a buyer. How is it then that Rob Goddard’s Evolution CBS is so highly recommended in the UK’s middle market? What is it that Rob does to sell almost all the businesses he has for sale that other brokers do not? He’s tough on the sellers and he only takes the best accounts. Do you think your business would qualify to be one of Rob’s clients? After considering his list, many business owners will realize they’ve got a lot of work to do. Check out the interview here: https://youtu.be/bzjrUZQsCWc Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Learn more and join my list at https://www.DavidCBarnett.com
Related Article: Strategies to help you buy a business in another country Going on vacation is exciting. But what if your travels are more permanent in nature? I’ve worked with people… • Moving to Canada to buy businesses. • People moving from America to more tropical places. • Canadians moving to Europe. All of them suffer the same problems. It’s hard to know what you don’t know and when you’re ‘from away’ it’s hard to get trustworthy help to make sure you’re getting the right information. Especially when dealing with foreign legal, government and/or banking issues. Here’s my advice for anyone moving from one country to another to buy a business…: https://youtu.be/_GKwS5O_w6A Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn about the coaching program: https://www.BusinessBuyerAdventure.com Find Centurica https://www.Centurica.com Get more info and join my list at https://www.DavidCBarnett.com
Related Article: Due-diligence for online businesses in Covidland. Brian Diener is with Centurica, they’re due-diligence experts for online businesses. I had Brian come to the Business Buyer Advantage group coaching program as July’s guest expert. I wanted to invite him to the main YouTube channel to talk about what they’re seeing in the online business marketplace now that Covid has disrupted business around the world. We also touched upon some of the issues and dangers in having a brick and mortar business pivot to online. Check out the interview here: https://youtu.be/-nRhkZ_fjcI Learn about the coaching program here: https://www.BusinessBuyerAdventure.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business https://www.BusinessBuyerAdvantage.com Connect with Clinton Lee at https://www.UKBusinessbrokers.com Related Article: Observing the market of Businesses for Sale Clinton Lee has been involved in buying and selling businesses for DECADES. This UK entrepreneur has built a very interesting business for himself in helping mid-market firms choose the right advisors to sell. I caught up with Clinton because he’s started a neat project of gathering and analyzing the changes to the business for sale listings over time. He’s going to give us some insights into what the data says and how this information can help people become better buyers and sellers. Check out the interview here: https://youtu.be/M1u6s9UTZzs Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Justin at https://www.FinanciallySimple.com Learn to sell your own small business at https://www.HowToSellMyOwnBusiness.com Get on my list over at https://www.DavidCBarnett.com
Related Article: Retirement Planning for Business Owners Justin has owned and sold several businesses of his own and now helps business owners get ready to retire. It’s not anything like what happens for employees. How do you build a retirement plan around the fact that so few businesses are actually sold? It means working on the business needs to be part of the retirement plan! It may also mean that what you invest the rest of your money in may be quite different than the average saver… because of the private company risk exposure in the business you own. Check out the interview here: https://youtu.be/xUrwKMWP_oc Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get my Franchise Book, Franchise Warnings in my Amazon Store: https://www.Amazon.com/shop/davidbarnett Joel's website: https://www.thefranchiseking.com/
Related Article: Spotting Franchise Trouble Joel Libava is known as The Franchise King. How did he earn such a moniker? It’s because of his years ‘in the trenches’ of the franchise industry. This week’s interview was inspired by a YouTube comment asking ‘Dave, how do we tell if a franchise has problems or not?’ I directed the question at Joel and learned a tremendous amount about his experience, why he changed his business model and the types of things you should be doing when trying to understand if a specific franchise system is for you. Now, ready yourself to be in the midst of his majesty, Joel Libava, Franchise King: https://youtu.be/vFJ9nGkiL_k Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn more about buying a business for No money here: http://www.investlocalbook.com/p/buy-business-with-no-money.html Learn to buy a business the right way at https://www.BusinessBuyerAdvantage.com Related Article:
The pitfalls of Zero Down get rich quick schemes. Wouldn’t it be great to be able to get a successful business for FREE? Zero-Down Business Buying Guru Carl Allen tried to get onto my YouTube channel. I asked to go through his program first to make sure I liked it. He REFUSED. So, I did the next best thing, I found one of his past students who explained what it was like to study under Carl. Watch as Carlos and I share our opinions on this topic. Along the way, we mention Gordon Bizar, Carl Allen, Moran Pober, Dan Lok and Dan Pena. Please, please, please if you enjoy this video and my efforts at exposing these schemes like the video and leave a positive comment. I fully expect that they will be making complaints about me to the authorities at YouTube. Watch and learn about Carlos’ experience with these programs and their sales techniques: https://youtu.be/qw08jJsr46s Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com
inspired by the fine work of @Mike Winnet and @Coffeezilla
https://www.thewrightlawyer.com/ https://www.BusinessBuyerAdvantage.com https://www.DavidCBarnett.com Related Article: Bust a deal, face the Wheel! Remember that Mad Max film; Beyond Thunderdome? It may be feeling like the end of the world out there but if who parties need to bust a deal, they still don’t have to face the wheel. This week, I interview Texas small business attorney Shahara Wright about the considerations we need to take when altering a contract. This is happening a lot as a result of the pandemic. Tune in and see what Shahara has to say about contracts and what she’s seeing amongst her clientele in Texas: https://youtu.be/K7IrcezlI9E Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business: https://www.BusinessBuyerAdvantage.com See the appraisal site yourself at https://www.BusinessAndAssetValues.com Sign up for my email list and learn more at https://www.DavidCBarnett.com Related Article
Using machinery for collateral when borrowing to buy a business. Some people online say it’s easy to use a business’ equipment and other assets to borrow to fund an acquisition. Is this really true? This week I explain the different definitions of value and we’ll see if ‘Asset Based Lenders’ are truly the answer to getting ‘no-strings attached’ money to buy a business. Watch as I explain how a pizza oven can have many different values depending on what’s happening: Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get better organized with business systems at https://www.EasySmallBizSystems.com Don't forget to join my email list over at the blog https://www.DavidCBarnett.com
Related Article: The cheque is in the mail… Today I’m joined by Stephen King from https://www.growthforce.com/ Stephen has a varied background in business and accounting and works with SMEs on providing services and information to help them run a better business. Today we discuss getting PAID! Your business does the work, but when do you get paid and how do you manage this when crazy things like global pandemics pop up. Surprisingly, he doesn’t suggest hiring Pennywise the clown to make your collection calls! Receivables are an investment your business makes into the business of your customer. How do you know when it’s ok to extend credit and how do you manage being told that the ‘Cheque is in the mail?’ Get a cup of coffee and join Stephen King and I for this interesting conversation about collections: https://youtu.be/u-eBNJD7iO0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Improve the systems in any business https://www.EasySmallBizSystems.com Learn to buy a business https://www.BusinessBuyerAdvantage.com
Related Article: Riches in the Niches… What’s the difference between a product niche and a market niche? In this video, I explain how not all highly specialized niches are attractive and what to look for if you’re trying to make boatloads of money while dodging competitors. Also, it’s the last video that I made before the barbers closed. All future videos will feature ‘shaggy-haired Dave’ until covid restrictions ease up. Sneak on over to this barely-visible market niche and watch the video: https://youtu.be/40o5-3qzny0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Make the systems in your business better. https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Richard at https://www.FamilyOffices.com Learn about the Business Buyer Adventure group program at https://www.BusinessBuyerAdventure.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my list at https://www.DavidCBarnettList.com
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The real ‘Rich Uncle Albert’ Maybe you’ve heard this story before. A business buyer doesn’t have enough cash to do a deal on a great acquisition opportunity and so he needs to go and ask Rich Uncle Albert for help. We don’t all have a rich uncle, but maybe we can meet someone just as useful in doing a business deal. This week I talk with Richard Wilson from FamilyOffices.com about the types of investor that his organization caters to. We also discuss what these folks are saying about the #CovidRecession. Listen in as Richard and I discuss his wealthy private investor organization and what these rich folks really look for in a deal: https://youtu.be/e-0uDhNRNiE Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Join my email list and never miss a video at https://www.DavidCBarnettList.com Find more cool stuff on my blog at https://www.DavidCBarnett.com
Related Article Zombies coming out of your financial analysis… Any good business buyer will spend time analyzing the financials of the business they are considering. What happens when the cash flow produced by the business is really low, but the business contains assets clearly worth more money as used equipment? Can a business like this really be worth 8X, 10X or 12X EBITDA? This is another way to identify dead capital (or zombie capital) in a post-apocalyptically re-animated Corpus Corporate. Grab you tomahawk and chainsaw and help me fight off the zombies in this new video: https://youtu.be/IQTucDC4NsY Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Take some time to organize your business properly https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Last but not least- Business Broker Paul gives us a real life description of his efforts to sell a landscape maintenance company.
https://www.BusinessBuyerAdvantage.com https://www.BizPlanSchool.com
Jared lives out David’s predictions as though it was a screenplay. Holiday Chat#9 I’ve said a million times- If the seller is asking too much, he’ll scare off buyers and the business will eventually decline. It happened just like that for Jared who benefited by being the buyer of last resort and getting a good deal on this appliance repair business.
Cheers https://www.BusinessBuyerAdvantage.com
David C Barnett
Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Join my email list at www.DavidCBarnettList.com Find Marco online here: https://www.marcorobert.com
Related article: Check your ego at the door… The market has changed for many businesses and some are in dire straights! I met up with business turnaround coach Marco Robert to discuss the issues most commonly faced in troubled businesses and how this compares with the Covid-19 crisis. What’s interesting is that the solution to survival is largely the same and it starts with rational actions taken for the survival of the business. The execution of Holy Cows. And ignoring one’s ego. Tune in and how businesses can survive Covid-19 by doing things most would not consider: https://youtu.be/9gnZQ4cyZV0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Take some time to organize your business properly https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Shane seeks a retirement-motivated seller… in the future. Holiday Chat#8 As always, whenever I use the words ‘in the future’ you should image that I am talking like Doc Brown from Back to the Future. Shane wants to work in a business where he can orchestrate a buyout over time. How does he do this without jeopardizing his current job?
Cheers https://www.BusinessBuyerAdvantage.com
Operating an online business under the nose of El Presidente Holiday Chat#7 Shane lives and works in Central America to help local people with his missionary work. How does he afford the materials to support his purposeful lifestyle? An online business. And he wants to buy more…
Cheers https://www.BusinessBuyerAdvantage.com
David C Barnett
Terry's website: https://innovativeba.com/davidcbarnett/ Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn to sell a business: https://www.HowToSellMyOwnBusiness.com Learn more and join my email list at https://www.DavidCBarnett.com Related Article below...
You bought/sold the business. Now how to tell the employees… Terry Lammers is a business coach, consultant and business broker. What makes Terry such a great guest is that in his past he’s also led a family business which did multiple acquisitions before selling the entire enterprise on to a bigger company. Then he had a career in commercial banking. Terry’s rich experience was welcome in today’s discussion about how to talk to employees about the sale of a business. Tune in and see what insights come from this interesting conversation: https://youtu.be/TJc2-gH8y5s Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Lear how to sell a business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Holiday Chat#6 How can we buy a business with no money? We can buy it bit by bit over time by demonstrating that we’re capable. But there are certain considerations to follow in an earn out purchase. Like, what happens if the deal falls apart halfway through?!? Take a listen on YouTube or Soundcloud Cheers https://www.BusinessBuyerAdvantage.com
Holiday Chat#5 Mitch wants more control over his schedule and more money to secure his retirement. What’s the problem with so many business owners? Where do the opportunities come? We get into a great discussion about technicians vs. entrepreneurs. Cheers https://www.BusinessBuyerAdvantage.com
Enroll in Business Buyer Advantage at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at www.DavidCBarnett.com
Thanks
Learn to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at my blog https://www.DavidCBarnett.com
Related Article: Now many nails in that hardware store? What do we do about inventory? I received a great question from Anton about the value of the inventory when you buy a business… Do we add it to the cash flow multiplier or is it included in that number? Great question because if you get this wrong the number used for the transaction could be WAAAAAY off!! Want a hint?... it depends. Of course! Grab your abacus and come on over to help me count through these racks of dresses: https://youtu.be/X6L_dS2gRYs Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Holiday Chat#4 features Ali in the North of England. When you notice things aren’t being done well, you fix it! Right? Ali wants to create a better business and commercial property brokerage model to be a franchise in the UK. What does David think of this idea? Listen and find out. Take a listen on YouTube or Soundcloud. Cheers https://www.BusinessBuyerAdvantage.com
Holiday Chat#3 features Greg and Marina. Is there too much fun, sun and nice weather on the beautiful shores of the Mediterranean? I guess so. Greg and Marina have just arrived from Israel to begin their new lives in Canada and want David’s advice about getting into business in a new land. Just in time for winter. Brrrr! Take a listen on YouTube or Soundcloud. Cheers https://www.BusinessBuyerAdvantage.com
If you're struggling to figure out how to manage the cash coming in and out of your business because of the Covid-19 recession, please download this simplified tool here: https://gumroad.com/l/CrisisCashFlow
Please like and share to anyone who may be in need.
For a full-featured cash flow and business writing program that integrates future financial statements and how to use the cash flow and financials to write a business plan, visit https://www.BizPlanSchool.com
Learn how to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at https://www.DavidCBarnett.com
Related article: Bounce Bounce Bounce… You don’t have to be Tigger to enjoy bouncing up and down all the time. This week, I’m releasing a video that was a response to Lars question- What do you think of trampoline parks? Obviously, most are closed right now because of covid-19. Some may be coming on the market soon and as entertainment businesses they may be of interest to some of you. Why? Entertainment businesses have been known to be successful in recessionary times. Bounce on over and listen to what I think over here: https://youtu.be/qkbiEi9F-PU Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Holiday Chat#2 features Tim. He’s started, bought and sold businesses and has also been a Business Buyer Advantage student! Tim’s been saving money and is wondering if he’s got the resources to buy a business that’s big enough to sustain him and his lifestyle.
Holiday Chat#1 features Marc from New Jersey. He’s a go-getting nurse who’s started a business with a partner doing CPR training. Now the two entrepreneurs want to expand their interests by looking at buying existing businesses that are related to health to leverage their professional knowledge.
Join the adventure group: https://www.BusinessBuyerAdventure.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my email list: https://www.DavidCBarnettList.com
Related Article: Hi, I made this week’s update video to cover several points: I’m ok from the surgery Friday What the people in the Adventure group are doing as a result of Covid-19 I’ve put a new Covid-19 module into Business Buyer Advantage. I’m going to release the Holiday Chat 2019 calls on the public YouTube channel early for you. Hear what’s happening here: https://youtu.be/IrXu07tqMtg Learn how to buy an already-successful and profitable business even in a recession: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find Kenny at https://www.bardwellcreative.com Learn to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com
Using UCC article 9 to wipe debts away This week’s interview is going to be valuable for American business owners and business buyers. I interview debt-workout expert Kenny Butler from Bardwell Creative. He helps businesses deal with burdensome debt and today he’s going to explain to us two things: 1. The evils of Merchant Cash Advances 2. How a business with too many debts may still be a good business to buy and how those debts can disappear! The best thing is, Kenny will teach us about a non-judicial process which means that lawyers and courts don’t add to the expenses or timelines.
Learn how to buy an already-successful and profitable business even in a recession: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
1 For business owners who are trying to figure out how to survive this general disruption- I’m inviting long time business broker, engineer and leadership consultant Paul Hindelang on to do a review of what business owners should be considering in their response to these events.
Watch it here: https://youtu.be/oWQtVw_vD00
2 For people looking to buy or sell a business in the next year, I’ll be doing a solo stream to discuss what I expect will happen as far as acquisition financing in the near and middle term. The status quo is over. We’re likely going back to 2009 deal-making and I’ll be talking about this.
Watch it here: https://youtu.be/9C0BUgA9sY8
You will find both videos by going to my YouTube channel at the proper time and there will be a ‘live now’ video. The channel is here: https://www.youtube.com/user/DavidCBarnett
Make sure you’re subscribed and you hit the little ‘notification’ bell icon so you’ll get a notification when the stream starts.
I’ll also be sending out an email the moment I start with the direct URL to the stream. Subscribe to the list at www.DavidCBarnettList.com
I’ll be sending this on twitter as well. You can follow me @dbarnettmoncton
****If you can’t make the live calls, the replay will be available to watch afterwards. If you want a question addressed in either call, please send it along to me dbarnett@alpatlantic.com Cheers
David C Barnett www.DavidCBarnett.com
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn about my group program at: https://www.BusinessBuyerAdventure.com Join my list at https://www.DavidCBarnettList.com
Related Article: Will Alchemy cure all ills? Long before I had even heard of the Coronavirus, I met with Alchemist Entrepreneur Dov Gordon. I had interviewed Dov earlier as an expert guest in the Business Buyer Adventure Group coaching program. That recording was released to members for March. There is a new expert call each month. Dov rejoined met to discuss the magic of alchemy networks in this video. It’s kind of like direct sales and networking for people who find those things difficult to do. It can help make customers very sticky and has worked particularly well for advisory businesses like consultants or coaches. Listen to Dov conjure his solution to increased consulting sales here: https://youtu.be/nn77qANtMFk Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to Buy a Business: https://www.BusinessBuyerAdvantage.com Sign up for my emails: https://www.DavidCBarnettList.com Visit my blog: https://www.DavidCBarnett.com Related Article:
If the government isn’t giving out any more licenses, does that mean fat profits? Sometimes you need a special license for a type of business. AND- there are a limited number of them available. How do you put a price on this special right given by the Prince? Does a special government license which restricts competition create more profits for you? What do these government folks want in return? Listen to me babble on about the perks and traps of regulated industries: https://youtu.be/x8jmdGZtKoY Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Find David and his team at https://mandaadvisory.com/ Learn to sell your business at https://www.HowToSellMyOwnBusiness.com
Related article: How about selling an advertising agency? What if you have a business that is driven by strong personal relationships and the creative juices of the founder/principal? How would you sell a business like that? This is what David Blois and I discuss this week when we talk about his brokerage firm. They specialize in selling advertising agencies and handing the risks of the issues I just mentioned. Enjoy. Watch the video of the interview here: https://youtu.be/IB6Q_cT3MqQ Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
David LIVE!! P.S. if you want to dip your toe into educational investment AND you live near Toronto, Kitchener or Las Vegas, then maybe you should come out and meet me LIVE this spring.
https://www.LinkedIn.com/in/harrisonhunterreid https://koohlahs.com https://www.instagram.com/harrisonhunterreid Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Related Article: Meet Harrison Hunter Reid How does one get a speaking spot on the Nomad Cruise? How does one challenge their limiting beliefs developed in adolescence? How does one rid themselves of a scarcity mindset while not going crazy with woo-woo fan boy mushy optimism? How does one make a big positive change? Let’s find out with this week’s guest Harrison Hunter Reid. A super-fun interview. Trust me. Watch the video of the interview here: https://youtu.be/R3MJVDC12Lc Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Learn more and sign up for my list at https://www.DavidCBarnett.com
Related Article: At what sales level can we have an absent owner? Depends on whether you can afford the decline in sales and efficiency. Nobody puts more energy and passion into a business than the owner. Employees simply are not invested to the same level in most business environments. If you’re going to put a manager in place and step away from an operating business, you need to figure out how you can efficiently observe what’s happening in the business. Otherwise, the priorities of the business will change to benefit someone else! Watch the video of the interview here: https://youtu.be/AS9QM-hj8B0 Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #sme #smallbusiness #absentee #management
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Talk to me about your project: https://www.Clarity.fm/davidbarnett Never miss a video. Join my list: https://www.DavidCBarnettList.com
Related article: Uneven Partnerships 2020 Sundeep has time. Charlene has some money. Miguel has a truck. Peter has the contacts with a huge potential customer. How do these four properly structure a business that only two of them will work in to be equitable in compensation for what they bring? It’s the problem of the uneven partnership and if it’s not handled properly, it becomes the problem of the partnership breakdown. Watch the video of the interview here: Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #sme #smallbusiness #freedom
Learn to buy a businss: https://www.BusinessBuyerAdvantage.com Find the book at my Amazon bookstore: https://www.amazon.com/shop/davidbarnett Don't miss a thing- Join my email list: https://www.DavidCBarnettList.com
The Freedom Formula Interview Want to be FREE?? Of course, you do! This week I spent a bit of time with author and business coach David Finkle discussing his new book called The Freedom Formula. I took the time to read it and I enjoyed it very much. Most of what I do as a consultant and as a coach through the process of buying or selling a business is focused on the numbers and the way people relate to each other while negotiating. David’s book is all about how to make the darn business run better and would be a great read for buyers, sellers and high-position employees within any business. I hope you enjoy it. I’ve added David’s book to my Amazon Bookstore if you want to get yourself a copy. Watch the video of the interview here: https://youtu.be/7ZP9xO8woAQ Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #sme #smallbusiness #freedom
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Reach out about small business or your road trip plans by reaching me at https://www.Clarity.fm/davidbarnett
Related Article: Mexican Road Trip. I’ve just finished a week-long visit to Mexico in which I spent 5 days traveling by car. My good buddy Zack and I crossed the border at Nogales and drove all the way down to Guadalajarda and Puerto Vallarta. We saw some cool things and enjoyed the Mexican hospitality. This week, I’ve recorded my thoughts about the trip and some of the small business observations and ideas that occurred to me along the way. Watch the video here: https://youtu.be/OKIAkTxEaZk Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #Mexico #hombresroadtrip
Learn more about the Adventure group coaching program at https://www.BusinessBuyerAdventure.com Get on my email list at https://www.DavidCBarnettList.com Find Anca at https://www.eco-coach.com Learn tons more at https://www.DavidCBarnett.com
Related Article: Feeling Green? Kermit the Frog sang that it wasn’t easy being green. Eco-coach Anca Novacovichi tells us that it can certainly be lucrative. She and her team work on sustainability audits for businesses to help them be more environmentally friendly… And reduce costs. Her background as a business analyst and management consultant taught her that change has to pay. This month, Anca is the special guest expert for members of the Business Buyer Adventure group coaching program. I invited her to my public YouTube channel to talk a bit about our discussion for the private group members. Watch the video here: https://youtu.be/Apg5JCF1Xb8 Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #startup #ugg
Buy a business https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com Find the book here: https://www.amazon.com/shop/davidbarnett
Related Article: I’m going to start an amazing business and become a millionaire! So many have had this dream. Let me introduce you to someone who did it and what it really took to pull off… Brian Smith is an Australian who moved to California to surf and meet girls. He found his fortunes in importing sheep skin boots from Australia, but the path of that journey should make any excited entrepreneur stop and think. Especially if you’ve got responsibilities like a mortgage, children, small pets, etc. Watch the video here: https://youtu.be/cZbm0LO6lsM Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #startup #ugg
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my email list: https://www.DavidCBarnettList.com
Related Article: If I can’t get the liquor license in time, should I delay the closing? Well, I would. Licenses and permits are your key to enter the weird world of government bureaucracy. Sometimes it’s quick and easy. Sometimes you have to wait 30 days and tell all the neighbours. The thing to know though is that these rules change depending on which city, state, province or country you’re in. Let me share some of my experiences when it comes to licenses and permits when buying small businesses. Watch the video here: https://youtu.be/M8UH6Y2LrBM Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #license #permit #foodhandling #kitchen #bar
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on David's Email list for the Holiday Chat Specials: https://www.DavidCBarnettList.com Mike Finger's Exit Oasis is here: https://exitoasis.com/ Henry Lopez' The How of Business Podcast is here: https://thehowofbusiness.com/ Marc Mawhinney's Natural Born Coaches is here: https://www.naturalborncoaches.com/ Rick Nicholson can be found here: https://www.retailwizardofads.com/
Book one of 5 remaining Holiday Chat spots here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=H5RKTX36SPYP6 Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Related Article: What should you try to learn from your job? If I let you learn how to drive with my car before you bought one of your own, would you?
There is a great advantage in gaining experience.
Especially before mistakes will cost you money from your own pocket.
This week I answer a question from a Business Buyer Advantage student who wanted to know what he should try to learn from his job before he buys a business.
Watch the interview here: https://youtu.be/wI0nmhgz5OI
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Find Robert at: https://www.rothesaycapital.com/
Related Article: Veteran investor in distressed businesses tells us how. Have you ever thought of buying a failing or distressed business? Some people say this is how you get a good deal.
Does it all come down to purchase price though or is there more to this?
I interview experienced distressed business investor Robert Gale from Rothesay Capital Partners who has taken on the challenge of over 20 such businesses in his career.
Listen to some of the lessons that Robert has learned and learn about some of the challenges of this type of business acquisition/investing.
Watch the interview here: https://youtu.be/Cf0e4so9b1c
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #distressed
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Mark's podcast can be found here: https://nyafinancialpodcast.com/
Related Article: Creating your own financial resiliency. What if you could borrow money whenever you wanted and didn’t have to get an approval?
In fact, while I was reading Empire of Imagination, the story of Gary Gygax, creator of Dungeons and Dragons, I learned that the very first edition of D&D was financed using the technique outlined in this interview.
This week, I discuss an interesting concept in financial planning that’s been used for over 100 years by wealthy individuals and corporations.
It could be something that you decide to make a part of your wealth planning.
Let’s listen to Mark Willis about how some people are creating options for themselves based on the type of insurance they buy:
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE.
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #financing #smallbiz
Join the class at https://www.BusinessBuyerAdvantage.com Get on my list and learn more at https://www.DavidCBarnett.com
Related Article: What’s with the R-word? Well, in the spring there was a question about buying a business in a recession. Last week I released a video about whether business prices go down in a recession. Now, I’m getting all kinds of recession questions. The fact is, small businesses are risky and any ONE business is at risk of recession for reasons COMPLETELY INDEPENDENT of the general economy. So, if there are all kinds of risks out there, do we need to do anything different when buying a business and we believe a recession is coming? Planning for risks is part of the game. You need to put yourself in the best position with the most options possible. I’ve put a few more thoughts into this week’s video as well as announced an early Black Friday goodie for 2019. Watch the video about recessions and small business and a new module that’s been added to Business Buyer Advantage here: https://youtu.be/lIKTMFNesDM Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #recession #pricing #gunsandbutter #buyanSME
Learn how to sell your business: https://www.HowToSellMyOwnBusiness.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Sign up for my emails and learn more at https://www.DavidCBarnett.com
The video with Mike Finger and Michael Kerr is here: https://youtu.be/9jsd_XL7yZE The video about prices going down in recession is here: https://youtu.be/OgmVl20I9Os Market Pulse sources: https://www.ibba.org/resource-center/industry-research/
Related Article: Q1 IBBA Small Business Market Report Analysis The International Business Brokers Association publishes a quarterly market report about what is going on in the market according to their members experience. Come with me and let me show you some of the numbers that really stand out about preparedness, selling prices and who the buyers really are. You’ll also learn why these numbers are skewed from the market in general. Sit back and take a look with me at how 2019 started in the market for small businesses: https://youtu.be/LOGuQ5GUvNA Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #recession #business
Sign up for a chat spot here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=H5RKTX36SPYP6
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Calls are anonymous if you wish.
Listen to prior year's calls here: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues
Learn to buy a business here: https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com Blog: https://www.DavidCBarnett.com
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Rick asks- Do SME prices go down in a recession? I held an online session for some of the graduates of the Business Buyer Advantage online course last week and a few great questions came up. The first one I’ll tackle is here. Do prices go down in a recession? It may seem like an easy answer to say yes, but there is no relationship between the economy and business prices. The relationship is between the business’ financial performance and its price. But that’s not all that changes in a recession. Most notably, the availability of credit can change and this has an effect… on terms! I think you’ll enjoy this one. Watch the video of my thoughts and experiences here: https://youtu.be/OgmVl20I9Os Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #recession #pricing #gunsandbutter
November- Lots of replies for this buyer. We’re talking about what financing is available to buy a business. We’re reaching out -and hearing back- from business owners about selling. Some members have too many deals to look at. Learn all about what’s going on in the update video: https://youtu.be/TOTbpEgSATY
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Be on the list to learn about Ft. Lauderdale signup for Jan 4, 2020 https://www.DavidCBarnettList.com
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list: https://www.DavidCBarnettList.com
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What is the best way to consistently find funding for deals? Some of you are not going to like this. You’ll miss out on seeing the cute waitress at the bar. Nathan wants to know how he can consistently get funding for deals. I’ll share my formula that I’ve seen work for almost all my successful clients. HINT: It doesn’t involve financial #hacks or #ninjatactics Cheers Watch the video, I’m sure you’ll enjoy these bits of advice: https://youtu.be/vDQD6DFnsQg Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #investors #loans #capital
Find Chris at https://www.exhibitshub.com Learn more about business deals at https://www.DavidCBarnett.com
Related Article Exploring the trade show market with expert Chris Kappes from ExhibitsHub.com. Get those business cards printed up, we’re going to a trade show… Just how big is the trade show industry and why should it be important to you? Chris tells us just how important trade shows are to the business to business community and how big the expenditures are in this business. We also talk about some strategy to be sure your business gets the most out of these amazing sales events. Watch the video, I’m sure you’ll enjoy the stories: https://youtu.be/oD2TBKCfi4s Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #tradeshow #b2b #marketing #sales
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn more and join my list at http://www.DavidCBarnett.com
Now... on to the stories.... David asks- Can anything good come from Multi-Level Marketing? Also known as- MLM Businesses. You know. You sign up under a friend to become a distributor of a product and part of the appeal is that you sign up others under you to earn a skim off their efforts. Who doesn’t want to enslave their friends and family??? Just kidding! What good things can you learn from signing on with an MLM program? That’s what we explore in this week’s video. As well as learn a bit about David’s past when it comes to these businesses. Watch the video, I’m sure you’ll enjoy the stories: https://youtu.be/ysIAg9jvCiM Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #familybiz #broker #MLM #scamway
Clinton's report: http://ukbusinessbrokers.com/kbs-knightsbridge-business-sales-reviews-complaints-feedback-comments/#2019financials Learn to sell your own buisness at https://www.HowToSellMyOwnBusiness.com
Related Article: How successful are Business Brokers at selling businesses? A Canadian, an American and an Australian get together to talk about a report from the UK. No, it’s not the opening line of a joke. In this international discussion I’m joined by Mike Finger of http://www.ExitOasis.com, a former business broker in the USA and Michael Kerr, from http://www.KerrCapital.com.au in Australia. Together, this international panel of experts will dissect the recent report from our friend Clinton Lee in the UK about what the data reveals about that country’s largest business broker; K3 Capital. We ask the question- Are business brokers actually successful at selling businesses? Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/9jsd_XL7yZE Learn how I can help you sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #familybiz #broker
Sign up here: https://gum.co/BizBuyerAdventure
The leaves are changing colours and some businesses are changing owners. They’re finding new buyers from among the ranks of my Business Buyer Adventure program. We’ve even had one member complete an out-of-state deal! How much will an asset-based lender give you to buy a business? Adventure group members know because of this month’s expert guest and more… Learn all about what’s going on in the update video: https://youtu.be/NpJODHYKKcY
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Find Jamie online at https://www.JamieIrvine.ca Learn more and join my list at https://www.DavidCBarnett.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Related Article: What does small business success really look like? Where’s your mansion and your pair of Lamborghinis? Is business success all about the bling? If you just watch flashy YouTubbers talking about business success, you’d think it’s all about materialism. I’ve asked fellow Maritimer Jamie Irvine on to talk about business success. It’s a conversation he has often with his clients. -AND- Spoiler alert…. It’s got more to do with freedom than money. (like taking three weeks off to bring your kids across country by train) Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/KY7T2EeWCeg Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #familybiz #success #lamboenvy
Learn how to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com
Related Article: Do ‘Get Rich Quick’ Schemes help you get rich? Victor in the UK wants to know what I think about online adverts that promise you an easy online business that will earn you thousands of dollars each month? I say- YES! It’s all true. But it may not work for you. Listen as I tell the story of an outrageously successful business that got its start as a ‘get rich quick’ scheme. AND- you can see how hard it would be to do the same. Watch the video, I’m sure you’ll enjoy the story: https://youtu.be/3jJOinvUlAs Learn how to avoid risk by buying a business that is already successful: https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #getrich #lamboenvy
Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Learn more and sign up for my email list at https://www.DavidCBarnett.com
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Meet Adam P. He just sold his family’s bakery in Wisconsin.
Buying and selling privately held businesses is a private thing.
The terms of the deal are often a secret FOREVER.
While we don’t talk numbers, Adam was willing to come on the show to describe the journey he and I took to sell the family bakery.
This is an example of how things should go when sellers are properly positioned and prepared to meet the questions of buyers.
Pay particular attention to how the relationship evolved between the two of them and how this affected the bank’s decisions.
Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/_4R4iio6bK8
Learn how to sell a business at https://www.HowToGetOutofMyBusiness.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #familybiz #bakery #bizforsale
Download the product map here: https://gum.co/DCBProductMap/free
Learn more about buying and selling businesses and sign up for my email list at https://www.DavidCBarnett.com
Sign up for Business Buyer Adventure here: https://gum.co/BizBuyerAdventure
Related Article: September- Adventure is more of what you want. September brings back to school AND changes to the Business Buyer Adventure group coaching program. I made some changes to the program to reflect the different needs of members. I had two goals: 1. Make it more accessible for new members who want to try it out. 2. Give one-on-one time for people who want greater access to me. Learn all about what’s going on in the update video: https://youtu.be/sptC5J2S3Qg
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Learn more and join my list at https://www.DavidCBarnett.com Learn to sell a business at https://www.HowToSellMyOwnBusiness.com
Related Article: Being cheap. Sell you biz with no lawyer. Paul wants to know how to sell a business with no lawyer! I get it Paul. Lawyers cost money. But there is a way to reduce your costs while still getting their valuable advice. Listen and I’ll tell you how… Oh, and escrow companies are only used in certain states. Oftentimes the lawyers (or you) just do the closing yourself. Watch the video, I’m sure you’ll enjoy the discussion: Learn how to sell a business at https://www.HowToGetOutofMyBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #HR #hiring
Reach Betty at https://BettyKempa.com Reach Rick at rick@wizardofads.com Find David at https://www.DavidCBarnett.com
Related Article: Where do you find good employees? Ron wants to know. I’ve gathered an expert panel including my buddy Rick who has over 65 employees in his restaurant businesses and career coach Betty Kempa. Watch the video, I’m sure you’ll enjoy the discussion: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #HR #hiring
Reach Betty at https://BettyKempa.com Reach Rick at rick@wizardofads.com Find David at https://www.DavidCBarnett.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Related Article: How do you know what kind of business to buy if you’ve only ever been an employee? Martin sends us this question. He wants to be a business owner but is unsure what kind of business to buy. I’ve gathered an expert panel including my buddy Rick whose made big changes in his own business life and career coach Betty Kempa. Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/-QbauTxAqrY Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #meditate #buddhism #coaching
Buy the book: https://amzn.to/2Sw2tTI Learn more and sign up for my list at https://www.DavidCBarnett.com
Related Article: How exactly does one meditate and what does it have to do with business? Nick Egan uses his study of Buddhism to help show readers how the issues and obstacles of business may be within our own heads. This is the stuff he uses every day with his coaching clients to help them achieve growth. I enjoyed reading Shift. Many of the ideas are not new to me but a refresher is always welcome. My big takeaway… we colour our world with ‘stories’ or mental programs that we carry with us and rarely challenge. Also, I learned about meditation. Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/gBbMbsU7Swg Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #meditate #buddhism #coaching
Sign up here: https://gum.co/BizBuyerAdventure Learn more about how I help people buy a business at https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com
Summer report- 4 Businesses under LOI. I hope you’re not to hot this summer. The people in the Business Buyer Adventure group sure are. Lots of activity going on including four businesses under LOI- An active entertainment business, a pet shop, an online business and a language business. I must tell you though, there are some changes coming to this group program in September. Namely the monthly billing option will likely be disappearing and I’m introducing tiers of membership. Learn all about what’s going on in the update video: https://youtu.be/9lON2B4dJZQ
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Learn to put systems in your business at https://www.EasySmallBizSystems.com Learn more and sign up to my blog at https://www.DavidCBarnett.com
Related Article: Top Factors to watch when you’re running a business Eric wants to know the top things to watch when tracking a business’ performance. The best place to watch your business is from the financial statements! You need to have the right data at the right time. Otherwise you don’t know if you have a pricing, purchasing or overhead problem. It’s the biggest problem I see in most small businesses. Watch as I share some insights from my experience with some sample financials: https://youtu.be/9jpNizbGibk Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #margin #grossprofit #financials #overhead
Learn to buy a biz: https://www.BusinessBuyerAdvantage.com Join my email list: https://www.DavidCBarnettList.com Learn more at my blog: https://www.DavidCBarnett.com More... Related Article
How to tell if a business is struggling AND how to test if there is a market for a business. This week I answer two questions from Eric: Can you tell if a business is having trouble just from a visit? How can you test the market for a business? I explain one of the signs I look for in a business that shows they’re short of cash. The answer to the second is to make a sale before you invest in anything else. Watch as I share some insights from my experience: https://youtu.be/-QQyx_F4RTg Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #market #sales #failure
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list for new videos: https://www.DavidCBarnettList.com Visit my blog: https://www.DavidCBarnett.com More... Related Article: How hard is it to find comparable transaction data when buying a business? It’s pretty easy. You just open your wallet and pay to access a private transaction database. BUT- then you have to know how to deal with the bits of data you’ll find in there. AND- that’s the problem. See what I say about the issues here: https://youtu.be/ANKKqemYCTs Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #comparables #sampletx #buyabiz
Learn to buy a business the smart way: https://www.BusinessBuyerAdvantage.com Mentioned in this video: J's horrible nightmare https://youtu.be/-CF-b7QdctQ Sign up for my email list: https://www.DavidCBarnettList.com
Related Article: Is borrowing 90% of the purchase price of a business a good idea? Currently, American entrepreneurs are able to put only 5% down and borrow 90% from a bank and 5% from the seller to buy a business. This is a lot of borrowing. Otherwise known as leverage. Is borrowing $19 for every $1 of your own money put into an acquisition a good idea? Does it matter WHO you borrow money from? I answer these questions and more from a viewer who worries about the risk of a big bank loan. Check out the conversation here: https://youtu.be/-ocQGY2LuGE Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #sba #financing #businessfinancing #businessloan
Check out my Amazon store at https://www.Amazon.com/shop/davidbarnett I earn a shiny nickel on every purchase.
Sign up here: https://gum.co/BizBuyerAdventure Learn more here: https://www.BusinessBuyerAdvantage.com
July brings even more talk of buying online businesses. What an exciting month. We’ve got new members. We’ve got members buying businesses in another country. We’ve got members re-engaging with sellers that broke off talks. We’ve got a new member who has already sold a business. We’ve got an expert guest call with a leadership coach who has been researching the what it takes mentally to make the move from being in the corporate world to being an entrepreneur.. -and- We’ve got online business buying expert Jaryd Krause coming back in July for a one-hour in depth call about buying businesses. If you missed Jaryd’s appearance on the general YouTube channel you can see it here. Learn all about what’s going on in the update video: https://youtu.be/welJUela4vo
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Spark and Victory Podcast https://sparkcollaborative.com Learn how to get systems in your business at https://www.EasySmallBIzSystems.com Get on my email list at https://www.DavidCBarnettList.com
Related Article: Dreading the start of another day. Do you ever cringe at the day ahead of you when you wake up in the morning? Do you dread the ring of your phone? Do you feel like you give all you have and it just doesn’t seem worth it? Maybe you’re burning out! This week I speak to entrepreneurial burnout and momentum coach Linsi Brownson who gives us some great insights into this problem among business owners. If you own a business or will one day, this conversation will be valuable to you. Check out the conversation here: https://youtu.be/QLnPsOqXa20 Learn how to get systems into your smallbiz here: https://www.EasySmallBizSystems.com Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #burnout #momentum
Visit https://www.BizPlanSchool.com to enroll or watch the demo video Lifetime access to the materials.
Learn more from Mike at https://www.ExitOasis.com Learn about exiting a business at https://www.HowToSellMyOwnBusiness.com Get on my list at https://www.DavidCBarnettList.com
Related article: Will you surf the Silver Tsunami? A huge number of Baby Boomers are set to retire and sell their businesses. This means the price of private companies could be crashing any day now…. Except we’re not seeing it happen. What is keeping the market from being flooded with retirees trying to sell their businesses? Is it all hype? Is there something happening in the market we can’t see from the business for sale marketplace? What do Mike and I see from the business owners we meet every day? Check out the conversation here: https://youtu.be/pU_B_nlelqw Learn about selling your business at: https://www.HowToSellMyOwnBusiness.com Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #onlinebusiness #website
Learn more about Jaryd: https://buyingonlinebusinesses.com/ Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com Blog: https://www.DavidCBarnett.com
Related Article: Learn to buy money-making websites. Why would anyone want to sell a money-making website? This is just one of the questions I posed to online business buying expert Jaryd Krause. He’s done so many deals for websites that people started coming to him for help. I’m happy to have him on the show where we discuss the market for websites, the motivations and the financing for online businesses. Dial up that ol’ TCP/IP machine and whistle and toot your way over here: https://youtu.be/oEfl9Ex9CXY Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #onlinebusiness #website
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Visit my blog https://www.DavidCBarnett.com
Related Article: My Barber’s glad he doesn’t own the potholes. Remember the barber with the potholes? Why didn’t he ever buy the building? This week, I give you the counterargument explaining why small businesses SHOULD NOT own real estate. Watch this unless you like handyman work in a slowly aging building: https://youtu.be/NQqRdAXbiCA Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Learn how to sell a business at https://www.HowToGetOutOfMyBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #realestate #property
Join the Adventure group here: https://gum.co/BizBuyerAdventure Take the Cash Flow program here: https://gum.co/smallbizforecasting Visit my blog at https://www.DavidCBarnett.com
Related Article: Happy Birthday Adventure group! A year! Can you believe it? The Business Buyer Adventure group has been meeting for a year. There are over 30 call recordings. 12 expert guest calls. Oh, and BTW, the Financial Forecasting and Business Plan Writing program is also finished. Learn all about what’s going on in the update video here:
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure If you are ever going to have to make a presentation to investors or lenders one day, The Cash Flow Forecasting and Business Plan Writing program is for you… also if you just want to see if your expansion or new idea is even feasible. Sign up over here: https://gum.co/smallbizforecasting
Learn how to sell a business at https://www.HowToSellMyOwnBusiness.com Visit my blog at https://www.DavidCBarnett.com Sign up for my email list at https://www.DavidCBarnettList.com
Related article: My Barber’s parking lot is full of potholes. Who’s gonna fix those terrible potholes? I asked my barber and he told me an awesome story of a man who built up a business empire and successfully used that to buy dozens of properties. He then sold the properties and now collects rent from the barber and many others like him. What should business owners be thinking about if they plan to sell one day and own real estate in their business? Get your clippers out and join me for the story here: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Learn how to sell a business at https://www.HowToGetOutOfMyBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #barber #realestate #nomoney #property #investor
Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn to sell a business: https://www.HowToGetOutOfMyBusiness.com Learn more at https://www.DavidCBarnett.com
Related Article: How to buy a business with no money. What if you want to buy a business and you have no money? In this week’s video, I discuss an article which describes a real deal between an employee and a seller which required no money. It’s a great example of what it takes to do a real no-money deal. Join me on this open-road, big-rig adventure here: https://youtu.be/HLNmOvfok6A Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Learn how to sell a business at https://www.HowToGetOutOfMyBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #trucking #business #nomoney
Globe and Mail article: https://www.theglobeandmail.com/business/article-a-flood-of-small-business-owners-are-ready-to-sell-most-are-not/
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on my list at https://www.DavidCBarnettList.com Learn more at https://www.DavidCBarnett.com
Related Article
How to buy a business when you think a recession is coming? What if you want to buy a business and you think a recession is on its way? What should you look out for? What special hazards exist? Is it really any different than the normal caution a buyer should have? Get out your Hobo cup and join me around the barrel fire as I tell you this tale: https://youtu.be/1MVbXYpYFCA Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #recession #business
Learn more at https://www.BusinessBuyerAdvantage.com Sign up to my list at https://www.DavidCBarnettList.com See my blog at https://www.DavidCBarnett.com
Related Article: 3 new members- I get to meet another Florida Man 😉 Hi,
3 new members. Our first European member. One new member gets a sanity check and avoids potentially overpaying for a business. Learn what a banker really thinks of your deal and more. Watch the complete update video here: https://youtu.be/-0qk66FIleo
Join the group. Meet others like you who want to take action to buy a successful business.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure Also, find out what’s been going on in the Cash Flow Forecasting and Business Plan Writing Course. If you are ever going to have to make a presentation to investors or lenders one day, this program is for you… also if you just want to see if your expansion or new idea is even feasible. Sign up over here: https://gum.co/smallbizforecasting
Learn forecasting https://www.BizPlanSchool.com Learn to buy a biz https://www.BusinessBuyerAdvantage.com Sign up for my emails https://www.DavidCBarnettList.com Visit my blog for much more https://www.DavidCBarnett.com MORE Related Article: 3 problems with using past transaction data to value a small business. If we use the available data, can’t we just calculate the value of a small business? This week, I dive into the Matrix-like sea of floating numbers that are swirling around the topic of business valuation. Why can’t we just compare a business to the available transaction data? Won’t a calculator simply tell us the business’ worth? It’s not so easy, I’m afraid. Let me explain to you the 3 problems with valuing a business using comparative data. Watch as I analyze the data and give you my calculated response: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #valuation #business
Learn how to buy a small business: https://www.BusinessBuyerAdvantage.com Get on my email list so you don't miss any videos https://www.DavidCBarnett.com
Related Article: Want to spot me on my next workout? This week we get a question from Rick on YouTube. He wants to know why there are so many fitness businesses up for sale? Well, I’ve had the pleasure of working on several files for people trying to buy and sell fitness businesses. As a business broker, a private transaction advisor and as a certified machinery and equipment appraiser. These businesses have a unique feature going for them… which may ultimately work against them. Watch as I bench-press this topic to new heights: https://youtu.be/AXVpEh7ZHvc Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to Know Before you Buy for FREE. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #college #business
Check out Richard's presentation at https://www.slipstream-marketing.com/d Learn more about doing business deals at https://www.DavidCBarnett.com Sign up for my list at https://www.DavidCBarnettList.com
Related Article: How do you make paid online advertising work for your business?
Hi Everyone, You know those little ads that appear on the sidebar or in the search results of Google? The ‘sponsored’ posts that are in your FaceBook feed? I hear a lot of business owners complain about money being spent on this stuff with little in the way of measurable results. Meet Richard. He’s a marketing expert with years of experience in helping businesses encourage buyers to take action before the days of clicking on ads. He knows how to make ads that get people to call, write or drive over and visit a retail store. Nowadays, he’s helping small business owners develop the skills to properly manage online advertising on their own. I like him because he’s teaching people how to do things the right way, he’s not pretending that only he can follow a secret recipe. Even if you don’t do it yourself, the knowledge he passes on will help you be a better buyer of digital marketing services. Watch the video of our chat here: https://youtu.be/EHvNj6xAf3M Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People do When Trying to Buy a Businesss FREE. Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #businessbroker #digitalmarketing
Sign up for the Adventure group: https://gum.co/BizBuyerAdventure Sign up for the forecasting program: https://gum.co/smallbizforecasting Learn more and join my email list. https://www.DavidCBarnett.com
Related Article: There’s lots going on in the Business Buyer Adventure group. The other group too. Hi,
There’s been a lot going on this winter in the Business Buyer Adventure group. This past week we learned about some of the different ways a deal can get derailed and how you can get it back on track. Our Adventure calls are getting more and more live participants. Members are adding value to the conversation by sharing thoughts and opinions with each other. And these are not just random ideas- Every member of the group is an achiever in their own domain, and about half of them already own businesses! Watch the complete update video here: https://youtu.be/pshoxQAXht8
Join the group. Meet others like you.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure Also, find out what’s been going on in the Cash Flow Forecasting and Business Plan Writing Course. If you are ever going to have to make a presentation to investors or lenders one day, this program is for you… also if you just want to see if your expansion or new idea is even feasible. Sign up over here: https://gum.co/smallbizforecasting
Learn how to buy a business https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com Sign up and never miss a new video at https://www.DavidCBarnettList.com
Related Article: I bet my retirement that this business will succeed!
Is it better to borrow money when buying or starting a business or is it best just to use your retirement funds? I’m surprised at how often people ask me this. Maybe there are a lot of people out there with entrepreneurial dreams and fat retirement plans. I’ve got news for all of them though. Whether you borrow from a bank or your retirement plan, you’re still borrowing. If you don’t believe that, maybe this week’s video can help show you the folly of your ways. I answer the question, ‘does it make sense to use retirement funds to fund your small business?’ Watch the video of our chat here: https://youtu.be/37t2lK1lZ_w Learn how to buy a small business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People do When Trying to buy a Business: Learn how to Avoid These Awful Novice Mistakes. Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker #retirement
Learn how to sell your own business at https://www.HowToSellMyOwnBusiness.com Sign up for my emails at https://www.DavidCBarnettList.com See my blog and course offerings over at https://www.DavidCBarnett.com
Related Article: Questions, Questions, Quora! This week our question comes from a stranger who posted it over at Quora.com. He asks, ‘How do I know if a buyer is serious about buying my business?’ Great question and an important one since talking to a buyer is risky in a lot of ways. This week I delve into the question and give a strategy for quickly determining if someone is worth your time. Also--- look for new videos on Wednesdays as I’m changing up my schedule a little bit. Watch the video of our chat here: https://youtu.be/-Gbnj7Chxxs Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com Get an Audible subscription and listen to my book How to Sell My Own Business: A Guide to selling your own business without paying a broker’s commission for FREE. Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker
Sign up for the Group: https://gum.co/BizBuyerAdventure Learn more at: https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com
Industry-Leading direct response email marketer tells the Business Buyer Adventure team what he thinks of customer email lists hidden within potential business acquisitions. Hi,
The Business Buyer Adventure group now has representation from 5 states and 3 continents!
Watch this video to see what's been going on in the group.
Remember, each and every month more and more content is added to The Business Buyer Adventure and so the value keeps going up but the subscription price you pay remains the same! This past month, we had Mike Finger come on to talk to us about seller mindset. Mike built and sold a business, then bought and sold two more. He lets us in on the differences between buyers and builders of businesses when the time comes to sell. You can listen to this conversation right now when you join the group.
For March we have Ben Settle. Ben has been working in the field of email marketing for decades and he’s learned from the best. In fact, he’s the guy that I’ve been learning some of my email skills from. Oftentimes, businesses have information on customers that they’re not taking advantage of. I asked Ben in our March Expert Call if he thought this information could represent a hidden asset in these potential acquisition targets. His answer might surprise you. Join today and learn what he has to say when his interview goes live in March.
Watch the complete update video here: https://youtu.be/Vlv5uxRFZjo
Join the group. Meet others like you.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Learn to buy a business at https://www.BusinessBuyerAdvantage.com Never miss a video by signing up at https://www.DavidCBarnettList.com
Visit my Blog at https://www.DavidCBarnett.com
Related Article:
Are you sitting in Economics 101 and just itching to begin your entrepreneurial journey?
This week, one of my college viewers, Sohit, writes to ask me what he can do to get started right away to get into business.
It’s an interesting case. Sohit needs to focus on his studies but is there an opportunity for him?
What kind of opportunity?
Watch as I give Sohit advice that I don’t often share.
Also—an important piece of advice for young people who are part of today’s college crowd.
Watch the amazingly awesome video here presented in Beard-o-Vision HD. The latest in video technology.: https://youtu.be/IgGKAT7BFUw
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #college #business
Find Braden online at https://bradendrakelaw.com/
Learn to buy a Business at https://www.BusinessBuyerAdvantage.com
Sign up for my emails at https://www.DavidCBarnettList.com
Related Article:
Do you use the right paperwork with your customers or clients?
Braden works with small business owners all over the US and gives us some insight into the trouble and fixes regarding engagements. What does a good client contract need?
What’s wrong with what many businesses use?
I even tell a funny story about how I changed a contract before signing it without the other party realizing it. It’s good. Seriously, it’s not boring.
Watch the video of our chat here: https://youtu.be/UNhSD1R7JH4
Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com
Book a call with me at www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #contract #legal
See my first video about worker co-ops that we refer to here: https://youtu.be/a1rkbTVS-iw Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Find out more at my blog: https://www.DavidCBarnett.com And sign up for my email list so you never miss a video at https://www.DavidCBarnettList.com
Related Article: Did you see the video I did two weeks ago talking about worker co-ops? If not, you can find it here: https://youtu.be/a1rkbTVS-iw That video prompted Jasmin to reach out to me to share her experience working with a community development lender whose aim is to finance the creation of worker co-ops. Jasmin’s background is in finance. She wanted to make sure the buyers in these deals, the workers, got into a good deal that made sense. Jasmin shared some of her time with me to explain what problems and issues kept coming up when she went in to do analysis and due-diligence. Watch as we discuss some of the deals and her experiences with the sellers and brokers trying to transfer small businesses into worker co-ops. I also share a little of my experience in doing successful transfers to employees as traditional buyers. Watch the video of our chat here: https://youtu.be/fJ6rsHmPLZQ Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com
Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker #co-op
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Elliot wants guidance on how he can turn his USAF experience into business ownership. Learn to buy a business at https://www.BusinessBuyerAdvantage.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Paul joins us for a second year to discuss the manufacturer who wasn't making money. We also discuss inventory issues in small businesses.
To learn how to sell your business, visit https://www.HowToSellMyOwnBusiness.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Jay lives in Central Florida and has a great job and income. He wants to get into business but is unsure what that business should be. We discuss the process of finding a business and figuring out what might be a good fit.
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Dinesh is trying to buy a business and keeps meeting many different kinds of characters in the business broker world. Maybe we can try to figure out why people seem to NOT be trying to sell him a business.
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Learn more at https://www.DavidCBarnett.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Is it too much to ask to work for free for a few years? How do we wrap our minds around small businesses that come with big prices due to real estate?
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Roger used to be in business in the USA and got out just before his industry changed. Now he's in Canada and he's looking to buy an Alberta business to be the boss again.
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Learn more at https://www.DavidCBarnett.com
Learn to sell your business at https://www.HowToSellMyOwnBusiness.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
Trees are being killed all over because the bank wants more and more information and reports on Ralph's business. How can he sell to his brother and make the deal work quickly?
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Learn more at https://www.DavidCBarnett.com
Learn to sell your business at https://www.HowToSellMyOwnBusiness.com
8 hours of me talking to real clients about buying and selling businesses. What will you learn by learning about other people's deals?
NEVER miss any of my latest information, conversations, teaching or offers by subscribing to my email list at www.DavidCBarnettList.com
How can Ri learn to get along with her brothers so this business can be sold?
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Learn more at https://www.DavidCBarnett.com
Learn to sell your business at https://www.HowToSellMyOwnBusiness.com
Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my emails at https://www.DavidCBarnettList.com Visit my blog for 100s of articles at https://www.DavidCBarnett.com
Related Article:
Have you got your bathing suit on?
This week I get a question from YouTube viewer on da track who asks, ‘What does equity in a business mean? The Shark Tank guys are always saying they’ll pay $X for X% of the equity?!?’
Super-Duper question.
In today’s video, I talk about what equity is on a balance sheet and why that number rarely matches what people say the equity is worth.
We’ll also discuss some of the assumptions that lie under the choppy surface of show’s like Shark Tank and Dragon’s Den.
Grab your flippers, let’s dive in with the sharks here: https://youtu.be/3VFXadgoLQ8
Learn how to buy a business and avoid start up risk: https://www.BusinessBuyerAdvantage.com
Get an Audible Subscription and listen to my book, 21 Stupid things people do when trying to buy a business, for FREE.
Book a call with me at www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker
Join the group: https://gum.co/BizBuyerAdventure Join my email list https://www.DavidCBarnettList.com Find other stuff: https://www.DavidCBarnett.com
3-time business seller Mike Finger spills the beans in the February Business Buyer Adventure expert call. Hi,
The Business Buyer Adventure group now has representation from 5 states and 3 continents!
Watch this video to see what's been going on in the group.
Remember, each and every month more and more content is added to The Business Buyer Adventure and so the value keeps going up but the subscription price you pay remains the same!
One of the neat features of the group is that each and every month I get an expert to contribute who can comment either on the process of buying a business or on some skill that will help you once you buy your business.
This month, I had 20+ year LMI franchisee Paul Hindelang come and talk about goal setting to get 2019 off on the right foot.
For February, we have 3-time business seller Mike Finger who will give us an insight into the crazy minds of people selling a business and he'll contrast his feelings from the first sale to those that followed.
Watch here: https://youtu.be/TgDyUZ8rKo8
Join the group. Meet others like you.
Participate in our group calls and learn from other member’s deals.
Sign up here: https://gum.co/BizBuyerAdventure
Connect with Finn online: http://www.fashion-worker.com/ Sign up for my email and learn more at https://www.DavidCBarnett.com Learn how to sell your own business at https://www.HowToSellMyOwnBusiness.com
Related Article:
Well, let’s keep 2019 going with new things.
This week I explore a new (to me) way of exiting a business. Sell it to your employees via forming a worker co-operative.
I know very little about co-ops outside of the credit union, insurance companies and grocery stores that I see when driving around.
Finn Mauritzen of www.fashion-worker.com joins me for a discussion on the different types of co-ops and how business owners can use this as a vehicle for exiting a business.
Of course, I asked some important questions like:
• If everyone is an owner, how does someone get fired? • Do the managers earn more? • Can a worker/owner sell his portion to someone else? • Etc.
It was a great and informative conversation and I know you’ll learn something new as well.
Watch the video of our chat here: https://youtu.be/a1rkbTVS-iw
Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com
Get an Audible subscription and listen to my book How to Sell My Own Business: A Guide to selling your own business without paying a broker’s commission for FREE.
Book a call with me at www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker #co-op
Learn to buy a small business: https://www.BusinessBuyerAdvantage.com Sign up for my emails: https://www.DavidCBarnettList.com
RElated article: Wow, time to put up a new calendar. What do I think was the best of 2018? My audiobooks? Selling my ex-wife’s house? Climbing a mountain? Getting engaged??? What will 2019 bring? Learn about my new course idea and what I think the big small business challenge of the year is going to be. See my crazy ramblings here: https://youtu.be/YcjCvDcH3WU Learn how to buy a business: https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book How to Sell My Own Business: A Guide to selling your own business without paying a broker’s commission for FREE. Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #businessbroker
The video we're talking about is at https://youtu.be/ra42kfwySK0 Featuring Patrick bet-David of the Valuetainment Channel. Find Mike Finger at https://exitoasis.com/ Learn to sell your own business at https://www.HowToSellMyOwnBusiness.com
Related Article:
Can a lot of exciting hype help you sell your business for $50 million dollars?
How would you like to go down to your local ATM to see a billion-dollar bank balance shown on the tiny little screen?
Will the same 12 ‘easy steps’ to sell your business apply to all business owners equally?
It all sounds very fun and exciting and what’s wrong with that?
Today, Mike Finger from www.ExitOasis.com and I have a discussion about the most popular video on YouTube about selling your business and we’re a little worried about the information it provides.
One big question comes up that you should always be asking… who is this person speaking to and what is their motive?
Check out our conversation here: https://youtu.be/EXglG2GVQCw
Watch the original video we’re talking about here: https://youtu.be/ra42kfwySK0
Learn how to sell your own business- https://www.HowToSellMyOwnBusiness.com
Get an Audible subscription and listen to my book How to Sell My Own Business: A Guide to selling your own business without paying a broker’s commission for FREE.
Book a call with me at www.clarity.fm/davidbarnett
Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
entrepreneurship #smallbiz #business #MandA #broker
Get on my email list at http://www.DavidCBarnettList.com Learn to Buy a Biz at https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com Talk to me https://www.Clarity.fm/davidbarnett
Related Article Hi there, Did you know that the end of November and December are the biggest giving times of the year? Is it because of taxes or just the generosity inspired by the Holiday Season? If you want to give more, you need a fatter wallet. Let’s explore in this week’s video. Watch the video here: https://youtu.be/D11Q_t7KipQ Learn how to buy a business- https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: www.DavidCBarnettList.com
Join the adventure: https://gum.co/BizBuyerAdventure Sign up for my emails and see my blog https://www.DavidCBarnett.com Call me: https://www.clarity.fm/davidbarnett
Related Article: Hi, I bet you’re getting excited for Santa Clause to get here! This month there is sooo much going on. My Holiday Chat calls will be released soon to people on the email list. (register yourself here: http://eepurl.com/brqqjb) The Business Buyer Advantage online course has a FREE bonus… it’s the Black Friday Toronto recording. Get it here: https://gum.co/czUIi I’m also coming to San Diego in January (learn more here: Eventbrite.com) This week in the Business Buyer Adventure group, we discussed what to do when a buyer likes an offer but the lawyer squashes her excitement. Watch here: https://youtu.be/VJe7rBN1IvU Join the group. Meet others like you. Join us on our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure
Buy a Business: https://www.BusinessBuyerAdvantage.com Buy Franchise Warnings: http://a.co/d/9l8Vri7 Get on my email list: http://eepurl.com/brqqjb
Related Article: Hi there, Are you trying to eat fresh and healthy? Maybe you should buy a franchise! Don’t like my logic? Let’s explore the challenges and attitudes of growing franchise brand Freshii through articles available online. You’ll see how the mission and objectives of the company are not necessarily aligned with those of the franchisees. Watch the video here: https://youtu.be/reCX_ny5qqk Learn how to buy a business- https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett HOLIDAY CHAT CALLS- SIGN UP REQUIRED!---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn how to invest in local small businesses: https://gum.co/lCYJN How to buy a business: https://www.BusinessBuyerAdvantage.com
Related Article: Hi there, Brian Nichols is a value investor who (surprise, surprise) isn’t finding many opportunities to invest in the stock market anymore. He’s turned to small business both as an entrepreneur and as an investor. Brian and I discuss small business, the role of the owner, and how they can work with investors. We also discuss his businesses and what has happened to the stock market over the last few years. If you’re interested in money and business, you’ll enjoy our talk. Watch the video here: https://youtu.be/JXkIen7hGhE Learn how to make investments in local small businesses with my online course; How to do Local Investing Deals from A-Z. Sign up here: https://gum.co/lCYJN Get an Audible subscription and listen to my book Invest Local: A guide to bigger investment returns in your own community with private loans and leases for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn how to buy a business https://www.BusinessBuyerAdvantage.com Talk to me about a deal https://www.clarity.fm/davidbarnett
Related Article: Hi there, Ok, back to my mountain climbing adventure! This week I speak to Ralph and Lucy. We discuss our trek up the slopes of Mt. Kilimanjaro and learn about their life journey in buying a metal recycling business. Learn how Ralph’s military career impacted his business operational style. Wait until you hear what advice they have for people looking to buy a business. Watch the video here: Learn how to buy your own business at https://www.businessbuyeradvantage.com/ Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Sign up here: https://gum.co/BizBuyerAdventure Learn more here: https://www.BusinessBuyerAdvantage.com
Hi, Welcome to the Business Buying Jungle. Our intrepid group of adventurers is having a frustrating time hacking through the obstacles laid out by un-motivated sellers, distracted business brokers and reluctant bankers. It’s not all bad. As you’ll see in the update video, our troupe of explorers has received some reinforcements from Florida and Massachusetts and we’ve gotten some amazing advice from some real experts. In case you don’t know, Business Buyer Adventure is a group coaching program for people who want help and support in their task of locating and buying a profitable business. Watch here: https://youtu.be/jqUBVGXRypM The program is only $159/m but the price is increasing December 1st and January 1st until it reaches $189/m so you can save if you enroll today. The price you pay when you sign up is locked in forever. Join the group. Meet others like you. Join us on our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure
P.S. November 23 I’ll be in Toronto.
Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn more http://www.DavidCBarnett.com
Related Article: November 23, I’ll be in Toronto. Come See Me. www.eventbrite.ca Hi there, I talk a lot in my videos and articles about seller financing when buying a business. Rarely do we get to hear of actual stories of deal structure because of the secrecy that surrounds most deals. Today, I’m looking at the fallout of a restaurant sale that went bad. Too bad for the steakhouse, but now we get to learn some of the details of how this business was transferred. Also, if you don’t live in the Maritimes, you’ll get to learn what a donair is. It’s delicious. Watch the video here: https://youtu.be/2he-2rU4JIQ Learn how to buy your own business at https://www.businessbuyeradvantage.com/ Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Email Vikram at vik@phoneblogger.net Learn all about business at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Call me at http://www.clarity.fm/davidbarnett
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November 23, I’ll be in Toronto. Come See Me. Hi there, How does one cut through the noise online and actually build a relationship with customers to grow a business?
I do it through content marketing and this week we’re going to take a peek under the hood of how a business like mine works.
You’re on this list because you either want to buy or sell a business.
Learning how to sell more would be useful for your current or future business, so this week I had Vik Rajan on to talk about his business and how he helps make content marketing easier.
No, it’s not a 30-minute ad. We mostly discuss the strategy of being active online and how good old-fashioned common sense should be the foundation of an online marketing strategy.
Watch the video here: https://youtu.be/zvAI-SnpiRo
Learn how to buy your own business at www.BusinessBuyerAdvantage.com
Book a call with me at www.clarity.fm/davidbarnett
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn more and sign up at https://gumroad.com/l/BizBuyerAdventure Blog and email list at http://www.DavidCBarnett.com
Related Article: Hi, Let me tell you what’s been going on in the Business Buyer Adventure group this month. It’s a group coaching program for people who want help and support in their task of locating and buying a profitable business. Wow- We have a member who hit it off with a seller over the phone and is on his way to fly to meet in person. Can’t wait to hear what happens next. All of the members are making progress towards their goals. From arranging financing, selling unused assets to raise cash, to doing more training, to sending out invitations to target businesses. Things are moving. The month we also learned about how networking in the last place you can imagine led to a lead about a business for sale which was not advertised yet. On the expert call front, we’ve had a chat with Rick Nicholson about what he looks for in a restaurant he wants to buy. Rick owns several locations which are run by managers that he oversees. Next month we’ve got Henry Lopez coming. Henry is the owner of a car wash and frozen yogurt store and we’re discussing the topic of motivating low-wage employees. The program is only $147/m but the price is increasing November 1st, December 1st and January 1st until it reaches $189/m so you can save if you enroll today. The price you pay when you sign up is locked in forever. Join the group. Meet others like you. Join us on our group calls and learn from other member’s deals. Sign up here: https://gumroad.com/l/BizBuyerAdventure Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to sell your business at http://www.HowToSellMyOwnBusiness.com Learn more at http://www.DavidCBarnett.com Call me at http://www.Clarity.fm/davidbarnett
Related Article: Hi, Are you a business owner who wants to maximize the amount of money you receive from selling your business? Maybe you should try not to get paid on closing day. That’s what Ian did on Prince Edward Island. He got a higher price for his business, sold to a qualified operator, got a share sale -AND- is earning all the profit the bank would have. Hear his story and see how it might work for you -AND- the person buying the business. Watch the video here: https://youtu.be/MbRODibohc0 Learn how to sell your own business at www.HowToSellMyOwnBusiness.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
http://www.CommercialLoanSuccess.com/ Offer-- http://Web.commercialloansuccess.com/dealmaking http://www.DavidCBarnett.com http://www.BusinessBuyerAdvantage.com
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Watch the video here: https://youtu.be/eM4z3MHS96IBuy a Business: http://www.BusinessBuyerAdvantage.com Sell a Biz: http://www.HowToSellMyOwnBusiness.com Call David http://www.clarity.fm/davidbarnett Get on my email list: http://www.DavidCBarnett.com More
Hi there, Several months ago, I made a video about getting FREE money from the government to buy a business. I talked about my own experience in trying to get these funds for myself and clients. This week, I’m going to show you some of the websites sent in by viewers who’ve found some very generous government offerings out there. Like free castles. Would you like to have a castle? Let’s talk about the motivations behind these offers and look at some of the fun and interesting small business grants that some quick web searching can turn up. Watch the video here: https://youtu.be/eM4z3MHS96I Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb I just got back from climbing up Mt. Kilimanjaro in Africa. Book your own adventure by calling Marlin Travel at 506-778-8345. Also, Natalie is taking a bunch of people to Ireland in April for 10 days which will also be fun, you should join us. I’ve not yet kissed the blarney stone.
Watch the video here: https://youtu.be/SFqDIWx69fk
Last week I was standing on the roof of Africa. Me and 7 other adventurers trekked up over 19,000 feet to brave the thin air and see the clouds from the other side. While doing the journey and fighting the low oxygen, lack of appetite, lack of sleep, etc, I had time to reflect on some of the things my journey was teaching me about small business. Watch and hear the tale of my trip and the 4 things that business owners should take away from my experience: https://youtu.be/SFqDIWx69fk Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. Book a call with me at www.clarity.fm/davidbarnett ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Book you own trip to Kilimanjaro by calling Marlin Travel at 506-778-8345. Tell them you want the trip David Barnett did.
Learn more at http://www.BusinessBuyerAdvantage.com Learn systems at http://www.EasySmallBizSystems.com Sign up at http://www.DavidCBarnett.com
Related Article: The verdict is in… find out what the good people of Hanwell, New Brunswick thought of my presentation on September 13th. Also, I had another Hunt Club meeting and I know you’ll love to hear about the progress the members are making toward buying their own successful business. Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Sign up and Learn more at http://www.DavidCBarnett.com Learn to buy a business http://www.BusinessBuyerAdvantage.com Learn to sell your business http://www.HowToSellMyOwnBusiness.com
Related Article: What happens when a business owner doesn’t make the necessary re-investment in equipment and machinery? What does it say to potential buyers and how should buyers look at the business when it comes down to figuring out what they’re willing to pay. We all know that businesses need things to work, why do the cost of things sometimes not get considered in the cash flow and valuation? Let me answer some of these questions for you in my latest video. You may appreciate a recent investment I have just made as well. Watch the video here: https://youtu.be/snRHvwWDBEs Sign up to learn how to buy a business here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Watch the video with pictures here: https://youtu.be/NLUI98e-d9E
Learn to buy a business http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related article: What insight do mice give us into the future of all that empty retail space out there? The legacy of Amazon could be a bunch of mazes… Check out some of my vacation pictures and I’ll show you what I think you’ll soon find down at the old Sears location. Watch the video here: https://youtu.be/NLUI98e-d9E Let me help you sell your business. www.HowToSellMyOwnBusiness.com Sign up here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related Article: Warren Buffet said, ‘If you want me to buy something, put a price on it.’
-or- maybe it was Colonel Sanders.
Not sure. But what I am sure of is that the last few businesses that I’ve investigated for clients that had no asking price weren’t worth the investment in the tangible goods.
That’s right… these were businesses that should have been destined for the auction block but are somehow being promoted as your big opportunity.
Maybe some of them are?
Watch the video here: https://youtu.be/tBLUQ8nI9tQ
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn how to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell your biz: http://www.HowToSellMyOwnBusiness.com Learn more: http://www.DavidCBarnett.com
Related article: What does Enron and the local gas station have in common? Off-Balance Sheet financing. Seriously. Learn how to look for instances of this little trick and how it can make a business look better or worse when preparing for a transaction. Fun and excitement right here: https://youtu.be/PNGKaRg9uWU Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn more at http://www.BusinessBuyerAdvantage.com Visit my blog at http://www.DavidCBarnett.com
Hi, How’s your summer going? Are you still working hard to realize your dream of business ownership? Watch as I recap the month in my Business Buyer Adventure program. We’ve had members make offers on businesses, we’ve seen members gather hundreds of suspect names and we’ve had members in far-off lands customize some of the materials for their home markets. Next month members will get to see my interview with Artie who used the Business Buyer Advantage course materials to successfully buy two small businesses. We’ll also be analyzing an offer that I made on a local business here in New Brunswick. Watch me talk about it here: https://youtu.be/mAHjBobTNUs Learn more and sign yourself up at www.BusinessBuyerAdvantage.com
Watch the video here: https://youtu.be/lp6OB_8yRYI
Learn to Buy a Business: http://www.BusinessBuyerAdvantage.com Learn to Sell a Business: http://www.HowToSellMyOwnBusiness.com Learn more and get on my email list at http://www.DavidCBarnett.com
Related Article: I have a riddle for you-- What do you call a business with 100% dependency on one customer who can end the relationship at any time and who can arbitrarily change the rules and hold you to a high standard -AND- limit your ability to seek other customers? A FedEx route. Climb aboard this big rig and let me tell you what I think about these businesses here: https://youtu.be/lp6OB_8yRYI I think you can buy them, BTW. You just have to be wise about how you manage the risk. Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Watch the video here: https://youtu.be/2F_ISspasTw
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related article: Investors and business people are always talking about returns… Trouble arises when you get your words mixed up. It can lead to confusion. Watch as I show the difference between Return on Investment, Return on Equity and Return on Capital Employed. Fun and excitement right here: https://youtu.be/2F_ISspasTw Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE. ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Watch the video here:https://youtu.be/POqWMh27QzcLearn to buy a business at http://www.BusinessBuyerAdvantage.com Learn more at http://www.DavidCBarnett.com
Related Article: What the heck is mezzanine financing and how can you use it to buy a business? This week Joe asked me about mezzanine financing. I’ll take you through a sample balance sheet, bore you with details about debt to equity ratios then excite you with the fun details of how these deals work. Mezzanine financing is the quirky joke-telling offspring of debt and equity that people like to have around because he’s often confused for equity. The problem is he can be quite the joker and often has a nasty temper. Confused yet? That’s the point. Let me show you how this financial sleight of hand is used to help make other lenders make loans. Watch and see: https://youtu.be/POqWMh27Qzc Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com The new Business Buyer Adventure group coaching program is up and running. Take advantage of the special founder’s deal. There are only 4 discounts left!!: https://gum.co/BizBuyerAdventure/Launchdeal ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Buy the book here: https://gum.co/jgfa Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn more here: http://www.DavidCBarnett.com
Hi, Has anyone ever told you to ‘go take a hike?’ Well this weekend that’s just what I’m doing and it won’t cost much because of a smart credit card choice. Natalie and I will be flying to Gros Morne National Park to hike the tallest peak in Atlantic Canada in preparation for our trip to Mt. Kilimanjaro in September. What this represents though is a 10.3% dividend on the spending in Natalie’s business. These are the advantages that come to those who own businesses! Watch me explain it here: https://youtu.be/8drVdPfxTcA Get yourself a copy of Credit Card Advantage from Amazon.com, Amazon.ca or as a .pdf here. **Also available on audio from Audible, Amazon and iTunes. Learn to buy a business at www.BusinessBuyerAdvantage.com
Next 5 users can get the discount here: https://gum.co/BizBuyerAdventure/Launchdeal
Related Article: Hi, Last month I launched my new Group Coaching program for people wanting to buy a successful business. So far, we’ve had group calls, set goals, met some of the members, had some experts in to join us, and more. Watch me talk about it here: https://youtu.be/BupZd9TQlws If you want to be part of a team that is serious about buying a business, then take advantage of the launch deal. Only the next 5 users will get the discount. https://gum.co/BizBuyerAdventure/Launchdeal
Sorry about the sound, busy fingers shut off the filters...again! Learn business systems here: http://www.EasySmallBizSystems.com Learn to buy a biz here: http://www.BusinessBuyerAdvantage.com
Hi there, I received this question via email… Running your own business brings added stresses, frustrations and anxieties. what are the pluses you get from handling those negatives- John
Well, John, if your idea of running a business is all about bad stuff, then I don’t think you’re doing it right. This week I recount all the reasons why I love to be in business for myself and talk about the most common thing I see that brings people anxiety and stress. Watch and see: Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com The new Business Buyer Adventure group coaching program is up and running. Take advantage of this special founder’s deal in the first two weeks of enrollment: https://gum.co/BizBuyerAdventure/Launchdeal ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to buy a business: www.BusinessBuyerAdvantage.com Get on my email list: www.DavidCBarnett.com Adventure Launch Deal: https://gum.co/BizBuyerAdventure/Launchdeal
Hi there, Would you like to own a business where the seller only visits occasionally or checks in via phone from his Florida condo? I bet we all would. Do you know what you don’t see though? That owner has something you may not and without a careful inspection, your dream of being an absent owner can become a nightmare especially if something happens to that manager. I’ve had several people reach out to me about ‘absentee owner opportunities’ and I wanted to share a few thoughts about how some businesses are able to operate with managers. Watch and see: https://youtu.be/GszdyDQulEI Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com The new Business Buyer Adventure group coaching program is up and running. Take advantage of this special founder’s deal in the first two weeks of enrollment: https://gum.co/BizBuyerAdventure/Launchdeal ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
https://gum.co/BizBuyerAdventure/Launchdeal
Related Article: Hi there,
Hi, As you may realize, I put together a group coaching program to help people execute on the actual work involved in finding and buying a business at the end of 2017. Some of the things I learned about that were: 1. People wanted the flexibility to start the group program whenever they wanted. 2. People didn't like the fixed length of the program. 3. People did like the fact that they would be working with other buyers. 4. People did like the fact that they would get more time with me and an inside look at their deals and those of the group members.
Here's what I've done... I'm launching a new program called Business Buyer Adventure. Get it? It's like an expedition or mission to use the talents and skills taught in Business Buyer Advantage and we go on this journey together. One of the cornerstones of the Business Buyer Adventure program is The Next Step Preparation program. Basically, The Next Step materials allow new members to catch up before joining our hunting party in the jungle. So, this new program incorporates this long-established self-coaching prep program within it and once you've done that, you can join the group accountability calls to keep you on track with the actions you need for success.
Now, here's what's important to you as a person who may wish to buy a business: 1. There is a 'founder special' for people who join the Adventure program in its' first few weeks. 2. This is a great deal since the regular price of the program is only USD$147/mo which is my hourly one-on-one consulting rate and you'll enjoy several hours of new content each month. If you lock in this special deal, the price you pay now will continue FOREVER. Even if you stay in for years. The discount you're offered here today can even be compounded on the annual purchase which further reduces the cost of joining.
If you decide to join the Adventure, then use this link to buy it as it will give a special price in the first two weeks. Learn More--Click it now to go to the product page where you can see a video which describes all the different information and community features of Business Buyer Adventure. https://gum.co/BizBuyerAdventure/Launchdeal
Learn to buy a business here: http://www.BusinessBuyerAdvantage.com Learn to sell a business here: http://www.HowToSellMyOwnBusiness.com
Hi there, Do you know what one of the neat things was about my recent trip to Europe? Many of the companions along for the trip were business owners and entrepreneurs. It allowed for a lot of great conversations about the changes that are fast approaching in the world of business. How will cities change with self-driving cars? How will real estate prices change with more telecommuting and virtual tele-presence? Listen to some of the opinions I heard from people who have chosen to get out of business.. Watch and learn: https://youtu.be/2gdoI_KGSOU Learn how to sell your own business and not pay a broker’s commission. Enroll here: www.HowToSellMyOwnBusiness.com Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn how to buy a business: http://www.BusinessBuyerAdvantage.com Learn how to sell your business: http://www.HowToSellMyOwnBusiness.com
Related Article: Hi there, Hey everyone! Natalie and I just got back from an amazing trip to Croatia and Montenegro. While there, one of my Balkan viewers, Tomo, submitted a question: What serves as the collateral on a seller-financing note when buying a business? Great question Tomo! It’s exactly the same situation as when we buy a house or car. It’s the thing we get that serves as collateral; The business. So, why exactly, do so many sellers try to get buyers to pledge something else to be the collateral? Watch and learn: https://youtu.be/CzbU6DCLsVo Learn how to sell your own business and not pay a broker’s commission. Enroll here: www.HowToSellMyOwnBusiness.com Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Find this and other books I recommend (and my own) in my Amazon Store: http://www.investlocalbook.com/p/usa-store.html Learn to sell your own business here: http://www.HowToSellMyOwnBusiness.com
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Hi there,
I’m writing you today from Split, Croatia. The county is called Dalmatia. This means the local people call themselves Dalmatians. True thing!
While I was on one of my plane rides to get here, I took the time to read the new Kindle e-book; Before the Exit by Dan Andrews.
What an interesting personal story of going through his own business sale and the interactions with buyers, brokers and other professionals.
Dan explores the emotional side of selling a business and proposes a series of thought experiments that business owners should go through before making the decision to sell.
I’ve added it to my list of recommended books that you can find here:
Listen to my full book review here: https://youtu.be/Kd3cSPMAcGE
Learn how to sell your own business and not pay a broker’s commission. Enroll here: www.HowToSellMyOwnBusiness.com
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to sell your business: http://www.HowToSellMyOwnBusiness.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com
Related Article: Hi,
This week I spoke to a young woman in crisis!
The problem? She was expected to be responsible and fix problems for her customers. EEE-Gawd!
Seriously, this Millenial entrepreneur has realized that she doesn’t want anything to do with owning a business.
What are her options? Is her barely-born business a saleable asset?
Also, (and more importantly) why doesn’t she already know the potential buyer of her customer list?
Watch here: https://youtu.be/54BVPTcmkAk
Three weeks ago in Las Vegas, I spoke about business promissory notes from the point of view of an investor who may wish to buy one.
I made a bootleg recording and for the month of May only it is included as a special bonus in my online exit-planning course.
Enroll here: www.HowToSellMyOwnBusiness.com
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
May 28th I’m in Toronto- Get your tickets today for a live or virtual attendance- Eventbrite.com
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com Learn more at http://www.DavidCBarnett.com
Related Article:
Hey there,
This week I answer a question from a viewer about ways to pay for a business purchase based on the future performance of the business.
Sometimes called an earnout or a royalty. These deals are for risky businesses and usually are a strategy for managing businesses with a lot of personal goodwill which may not transfer to a buyer.
How much is a business worth if the customers leave? Let me show you what others have done to spread that risk back to the sellers.
If you’re a seller of this type of business, contact me to work on ways you can avoid having to accept an earnout offer. Watch here: https://youtu.be/Itlab5o7AZk
Two weeks ago in Las Vegas, I spoke about business promissory notes from the point of view of an investor who may wish to buy one.
I made a bootleg recording and for the month of May only it is included as a special bonus in my online exit-planning course. Enroll here: www.HowToSellMyOwnBusiness.com
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
May 28th I’m in Toronto- Get your tickets today for a live or virtual attendance- Eventbrite.com
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related Article:
Hey there,
This week I tackle a question from Ben who is concerned that he has to reveal too much information to business brokers before learning enough details about the business they have for sale.
What is a buyer to do? Obviously, if the seller has all the details of your financial life then they can use this to negotiate a better deal for themselves.
What have I seen others do to protect themselves and what can happen if you reveal too much.
Watch, learn and hear the story of the buyer who revealed too much.
Watch here: https://youtu.be/lIX3sDlIsKE
Last Saturday in Las Vegas, I spoke about business promissory notes from the point of view of an investor who may wish to buy one.
I made a bootleg recording and for the month of May only it is included as a special bonus in my online exit-planning course.
Enroll here: www.HowToSellMyOwnBusiness.com
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn how to sell your business http://www.HowToSellMyOwnBusiness.com Learn more about deals http://www.DavidCBarnett.com
Related Article Hey there,
Last week I was at the Paper Source Note Symposium in Las Vegas.
Wow! It was an awesome three days of meeting people, learning new things and sharing with new friends.
I took the time to make an audio diary of my experiences there so I could share with you.
Listen here: https://youtu.be/56aER4vf-bk
On Saturday, I was one of the speakers and I spoke about business promissory notes from the point of view of an investor who may wish to buy one.
I made a bootleg recording and for the month of May only it is included as a special bonus in my online exit-planning course.
Enroll here: www.HowToSellMyOwnBusiness.com
If you want to improve your small business come meet me May 29 in Toronto (virtual attendance also available) Learn more here.
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Related Article: Hey there, As I send this, I’m in Las Vegas at the PaperSource Note Convention. It only seems natural that I should send out something to do with notes (or debts.) So, I’m happy to let you know that John, a student from New York City, has sent me a list of questions about seller-financing notes. Listen as I go through John’s list of questions concerning what happens when a business seller agrees to finance part of the purchase price of a business. Remember, if you want me to answer your questions just send them in. (Add cash if you want to skip to the top of the list 😉) Listen here: https://youtu.be/7AEz_GiZpqA Learn to sell your business properly and take my online exit-planning course here: www.HowToSellMyOwnBusiness.com ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Get systems in your business: http://www.EasySmallBizSystems.com Contact Connor: http://calendly.com/connor-gillivan
Related Article: Hey there,
This week I’m talking with Connor Gillivan about a couple of things including freeing up more of your time by hiring freelancers and assistants as well as the truth about online drop shipping businesses.
What about online drop shipping? Connor pulls the curtain back on the get-rich-quick schemes being marketed about how easy it is to make money in this space. Worth a watch.
Connor also gives us some insight into his current business of connecting small business operators with freelancers for both projects and regular service work.
Very insightful if you find you’re a little too busy lately.
Watch here: https://youtu.be/3yZJO_f2mDM
Arrange a call with Connor here: calendly.com/connor-gillivan
Learn to implement properly documented processes into your small business at www.EasySmallBizSystems.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn more at http://www.DavidCBarnett.com https://www.creditsuite.com/
*** STARTS TUESDAY April 17, 2018--- Join me and 23 other amazing speakers to help your business at the 3 Day MBA virtual summit April 17-19, 2018. It’s FREE to attend live and the recording package is super-reasonable if you want it. Only $99. Learn more here: https://david9e4080.clickfunnels.com/3day-mba-2018ud8nhvth?affiliate_id=1028705
Hey there,
How do you get credit in the name of your business which isn’t personally guaranteed or affecting your own personal credit score?
When your business has ‘grown up’ sufficiently, you may be able to unlock the doors of true ‘commercial credit.’
Today I’ve got Ty Crandall from Credit Suite on the line to discuss some of the things that commercial lenders everywhere look at and especially the new ‘online lending’ platforms.
You’ll want to take notes whether you’re in business today or you plan to be one day by buying an already existing business.
Watch here: https://youtu.be/8L7WZkbw4yk
Learn to buy an already successful business by taking my online course at www.BusinessBuyerAdvantage.com
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related Article:
What about FREE money?
I got a question from a YouTube viewer asking about government grants for buying businesses.
I’ve learned over the course of time that governments operate on their own time tables and with their own priorities.
Let me tell you about what I’ve learned about free money from the government…
(of course not getting into the politics of the fact that free money from the government is actually coming out of your neighbour’s pocket so it’s not really FREE is it??)
Watch here: https://youtu.be/KxoHBSQlYbM
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Join me and 23 other amazing speakers to help your business at the 3 Day MBA virtual summit April 17-19, 2018. It’s FREE to attend live and the recording package is super-reasonable if you want it. Only $99. Learn more here: https://david9e4080.clickfunnels.com/3day-mba-2018ud8nhvth?affiliate_id=1028705
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Learn more and sign up here: https://david9e4080.clickfunnels.com/3day-mba-2018ud8nhvth?affiliate_id=1028705
Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Arshaq has one simple question-
David, if I have to choose between a restaurant and a convenience store to buy as an absentee owner, which one makes the most sense?
Well, for this one we’re going to have to take a look at what the Big Boys do and try to understand why.
Watch here: https://youtu.be/EL2l2Jres3w
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Here's the other video I mention about Real Estate Agents: https://youtu.be/s9HkiHiiEB0 Learn to buy a Business here: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
Related Article: This week I take a few moments to address the questions of a Real Estate Broker who is thinking about offering Business Brokerage services.
I’ve made videos before about how Realtors are NOT Business Brokers and how different businesses are from buildings.
This week I discuss the differences in how these two types of intermediaries do business and approach things.
This viewer is facing a challenge if he wants to do things correctly as the culture and methods of these two types of business are very different. Watch: https://youtu.be/IP1o_OdbpVI ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Buy the Villains Book http://amzn.to/2G2rcZA Learn to buy a biz http://www.BusinessBuyerAdvantage.com Learn more http://www.DavidCBarnett.com
Related Article:
Why are some people writing me to ask about finding lenders who will lend them ALL the money they need to buy a business?
Why can’t I just roll over and agree that it’s perfectly normal for a broke person with no money to magically be able to go buy a business worth hundreds of thousands or millions of dollars all with borrowed money?
This week I made a video about being realistic in the process of buying a business and how some people will find themselves victims because of their mindset.
I take time out from my vacation to address the unwavering beliefs of one viewer. Watch: https://youtu.be/XV9cHTvj0dA
Find the ‘Villains’ book I speak of here: http://amzn.to/2G2rcZA
Watch ‘Buy a Business with No Money’ https://youtu.be/NVTgDT7Cc2g
Watch ‘Buy a Business with No Money II’ https://youtu.be/xZqJTa_YZj4
Watch ‘Leveraged Buy Outs’ https://youtu.be/UrBLOtRY0OI
Watch ‘Private Equity in Buying a Business’ https://youtu.be/5h_ouZ-sUoU
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Want to meet me in person? In the next few months I’ll be coming to Toronto, and Las Vegas Baby.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
Related Article:
What’s the difference between business goodwill, personal goodwill and the accounting term goodwill? As a buyer of a business, you want to be sure the goodwill is going to stay with the business that you’re buying. This week’s question comes from a viewer who bought a business and then lost a big customer because the goodwill didn’t transfer. What does that mean? As a business owner, why does it matter if you possess the goodwill or if your business does? It can make a huge difference when it comes time to sell the business or you try to grow. Listen in as I discuss the difference between business and personal goodwill and what things you can do to either transfer it or move it. Watch: https://youtu.be/DEQAE2DbEQU ---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb ***Special Pricing on the www.3daymba.net event in St. Louis, MO. Ends Feb 28. 3 days of business focus, attention and ideas. Worth the investment- Check out the speakers list. Want to meet me in person? In the next few months I’ll be coming to Toronto, St. Louis, MO and Las Vegas Baby.
Get the report I mention here: https://gumroad.com/l/BorrowFromBrokers Learn to Buy a Business here: http://www.BusinessBuyerAdvantage.com
Related article:
Whenever you buy something big you need to give a deposit to show your good intentions, right? Maybe not.
I was asked about deposits when buying a business by a YouTube viewer recently and have a few ideas to share.
Some may get me in trouble with my business broker friends.
It’s all about managing your risk when making a deal and making sure your assets are protected at all times.
Watch the video: https://youtu.be/H9eqIaUFjP0
The special report I mention in the video can be purchased here: https://gumroad.com/l/BorrowFromBrokers
---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
***Special Pricing on the www.3daymba.net event in St. Louis, MO. Ends Feb 28. 3 days of business focus, attention and ideas. Worth the investment- Check out the speakers list.
Want to meet me in person? In the next few months I’ll be coming to Moncton, New Brunswick, Saint John, New Brunswick, Toronto, St. Louis, MO and Las Vegas Baby.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn about biz & join my list: http://www.DavidCBarnett.com
Related Article:
If you watch business news you’ll see that so-called ‘Fintech’ companies are all the rage. They make loans faster and easier because of ‘advanced algorithms’ which measure your creditworthiness by the number of likes your silly cat videos get on FarceBook. Investors are pouring money into them and now big banks are teaming up with them to help small business owners finally get access to the money they need to grow their businesses. But there’s a catch. As you can well imagine. Watch the video: https://youtu.be/YyrkeQK2NfE Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb ***Special Pricing on the www.3daymba.net event in St. Louis, MO. Ends Feb 28. 3 days of business focus, attention and ideas. Worth the investment- Check out the speakers list. Want to meet me in person? In the next few months I’ll be coming to Bridgewater, Nova Scotia, Moncton, New Brunswick, Saint John, New Brunswick, Toronto, St. Louis, MO and Las Vegas Baby.
I catch Rick at Starbucks to discuss rising minimum wages and the effect on the restaurant industry. Learn how to buy a business at http://www.BusinessBuyerAdvantage.com
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a biz: http://www.HowToSellMyOwnBusiness.com Learn more: http://www.DavidCBarnett.com
Related Article: How do business owners align the interests and motivations of the employees with the business? Motivated and engaged employees can do wonders for the bottom line. I’ll share two stories with you about compensating employees with results-based pay. One where I was an employee and one where I’m watching an organization change right before my eyes. But be careful, sometimes companies with the best intentions create an environment where only the liars and cheaters win. Watch the video: https://youtu.be/-Mh12SYZqEk Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb ***Special Pricing on the www.3daymba.net event in St. Louis, MO. Ends Feb 28. 3 days of business focus, attention and ideas. Worth the investment- Check out the speakers list. Want to meet me in person? In the next few months I’ll be coming to Bridgewater, Nova Scotia, Moncton, New Brunswick, Saint John, New Brunswick, Toronto, St. Louis, MO and Las Vegas Baby.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more and join my list: http://www.DavidCBarnett.com Learn how to sell your biz: http://www.HowToSellMyOwnBusiness.com
Related Article: So, If I was a business broker and I had all these sellers coming to see me, why didn’t I just buy some of the businesses and put managers in place so I could enjoy some passive income? This week I’ve been asked why I was so foolish as to not take advantage of free money with no work. Duh, I must have missed a lot of opportunities. Seriously though, lets examine this idea of being a passive investor who let’s other people manage a small business for them. Bonus: I’ll tell you the story of when I actually did pull off a deal like this and what the real-world results were. Not so passive I’m afraid. Watch the video: Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Want to meet me in person? In the next few months I’ll be coming to Bridgewater, Nova Scotia, Moncton, New Brunswick, Saint John, New Brunswick, Toronto, St. Louis, MO and Las Vegas Baby.
Get your business organized with my 12+1 Step System. Learn more at http://www.EasySmallBizSystems.com Learn to buy a businesss at http://www.BusinessBuyerAdvantage.com Learn to Sell a Business at http://www.HowToSellMyOwnBusiness.com
Related Article:
Anton wrote to simply ask me, ‘David, talk more about business systems.’ So why does this topic keep coming up? Are people feeling disorganized? What’s the difference between having business systems and what your business does today? Is it really the system, or the fact that it’s documented, teachable and measurable? Let me tell you the story of a system used in my business today and about a process and tool that I created for a business over a decade ago. Watch the video: https://youtu.be/z12Dk_ysAyM Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Take advantage of the FREE #Toronto ticket offer: 1. Buy my online business systems course at http://www.EasySmallBizSystems.com 2. and the exit planning course at http://www.HowToGetOutOfMyBusiness.com 3. and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. Offer is OVER on Jan 31, 2018. Don’t want the online courses but want to see me in #Toronto May 2018? Register today at Eventbrite.com . (Virtual Attendance Options Available) Thank you and I’ll see you next time.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com Learn more: http://www.DavidCBarnett.com
Related Article:
What if you want to buy a business but don’t have the money and want to be sure you know how to manage it properly? Maybe you need to buy it piece by piece over time while the seller is still there. This week I answer a question about staged buyouts, sometimes referred to as an internal purchase or by many other names. Essentially an employee buys the company over time, normally years. What’s so great about this is that the company can actually finance its own purchase if it’s set up properly. Deals like this also help sellers manage the sale of their business without the risk of not being able to find a buyer. This is a true succession plan for forward thinking business owners. But you need the right kind of business. You need a steady supply of profits and you have to be able to manage and make decisions which ensure profits every day or this may not work out as desired. Watch the video: https://youtu.be/FmF7XJjXYhg Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Take advantage of the FREE #Toronto ticket offer: 1. Buy the online business systems course at http://www.EasySmallBizSystems.com 2. and the exit planning course at http://www.HowToGetOutOfMyBusiness.com 3. and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. Offer is OVER on Jan 31, 2018. Don’t want the online courses but want to see me in #Toronto May 2018? Register today at Eventbrite.com . (Virtual Attendance Options Available) Thank you and I’ll see you next time.
Get on my email list and learn more stuff at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn to sell a business at http://www.HowToSellMyOwnBusiness.com
Related Article: I had a question from some clients in Florida who are buying a business. They want to form a partnership or corporation and each person is bringing different skills and amounts of money to the table. How do you manage unequal partners who want to buy a business together? I’ve run into these issues in my own deals and while helping others in the past. It takes a combination of understanding what ‘hats’ you’re wearing at different times as well as clearly identifying and accounting for the types of ‘equity’ each partner may be bringing to the table. Watch as I discuss some of the solutions to these issues and the way we can think about them. Your input is welcome. Leave comments on the YouTube page. Watch the video: https://youtu.be/nvzVuT8pRpU Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Take advantage of the FREE #Toronto ticket offer: 1. Buy the online business systems course at http://www.EasySmallBizSystems.com 2. and the exit planning course at http://www.HowToGetOutOfMyBusiness.com 3. and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. Offer is done on Jan 31, 2018. Don’t want the online courses but want to see me in #Toronto May 2018? Register today at Eventbrite.com . (Virtual Attendance Options Available) Thank you and I’ll see you next time.
Learn to buy a business http://www.BusinessBuyerAdvantage.com Sign up for my email list http://www.DavidCBarnett.com
Related Article: How much due-diligence is enough when buying a business? Sellers and brokers seem to want to restrict the time buyers have to examine and investigate the business. Seriously, how much can you learn about a business with only 10 days? Clearly you need more time, but do you need a time limit? What should buyers ask for and why does it make sense for a seller to agree? Watch the video: https://youtu.be/qJSlRfg62Ik Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Take advantage of the FREE #Toronto ticket offer: 1. Buy the online business systems course at http://www.EasySmallBizSystems.com 2. and the exit planning course at http://www.HowToGetOutOfMyBusiness.com 3. and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. Offer is done on Jan 31, 2018. Don’t want the online courses but want to see me in #Toronto May 2018? Register today at Eventbrite.com . (Virtual Attendance Options Available) Thank you and I’ll see you next time.
Take advantage of the offer buy buying these two online courses before Jan 31, 2018. http://www.HowToGetOutOfMyBusiness.com http://www.EasySmallBizSystems.com Then email me at dbarnett@alpatlantic.com and tell me if you want a virtual or real seat on May 29 in Toronto.
Related Article: Let’s end the year with some funny stories of people trying to sell their business. Some may not seem so funny if you’ve made these mistakes. Hopefully, if you watch my videos you won’t be doing any of these unfortunate things. From over-valuations to mishandled private information to the misunderstanding of a little word, here are three stories of botched small business sales from 2017… Watch the video: https://youtu.be/32Fn_QUTElE Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Take advantage of the FREE Toronto ticket offer: Buy the online business systems course at http://www.EasySmallBizSystems.com and the exit planning course at http://www.HowToGetOutOfMyBusiness.com and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. Offer is done on Jan 31, 2018. Don’t want the online courses but want to see me in #Toronto May 2018? Register today. (Virtual Attendance Options Available) Thank you and I’ll see you next time.
Ryan is a prospective buyer of a beer distribution business and wanted my input into the asking price and what a good opening offer might be.
There are still some holiday chat spots available if you'd like to discuss your deal. register here: http://gum.co/Holiday2017
Learn to sell your business at http://www.HowToSellMyOwnBusiness.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more about business at http://www.DavidCBarnett.com
Did you make your list for Santa yet?
In preparation for my appearance on the Jon Sanchez show for listeners in Reno, Nevada I put together this smallbiz Xmas wish list.
It’s an awesome list of the things to sort out in your business to be better off in 2018.
Unfortunately, Jon mostly wanted to talk about the Trump Tax changes so the good entrepreneurs of Reno didn’t hear the whole list!
You can. Just watch me tell you all about it here: https://youtu.be/gQ1ozYSvPLs
Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Learn to sell a business at http://www.HowToSellMyOwnBusiness.com
Get your business organized at http://www.EasySmallBizSystems.com
I’ll be in #Toronto May 2018 to help you get your business organized, easier to run and ready for maximum value. Amazing guest offers and early registration discounts are in effect but are LIMITED. Register today. (Virtual Attendance Options Available)
Thank you and I’ll see you next time.
Paul is a business improvement and transition consultant in Michigan who was looking for my input into selling a declining manufacturer.
There are still some holiday chat spots available if you'd like to discuss your deal. register here: https://gum.co/Holiday2017
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn more at my blog: http://www.DavidCBarnett.com
Related Article: One of my YouTube viewers bought a business earlier this year and will soon likely be going #bankrupt. He wrote me a couple of weeks ago: David, I used to watch your videos a lot about a year ago when I was contemplating buying a business. I should have bought your course and that is one of my biggest regret. Now I am in a big hole with [business] that I purchased. The deal was bad for me. Now I am not making any money. I'd like to have a phone call with you and see what my options are. J. I took the time to give J. a call and discuss what happened. There were a bunch of problems with the business and the way in which he was 'shepherded' through the buying process. Many of the people he thought were working for his interests were not. He will now have to figure out how to grow fast with no further investment or start making plans for going under. Learn more about what happened by watching this video: https://youtu.be/-CF-b7QdctQ Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site. Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. While you’re there… download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Thank you and I’ll see you next time.
Can a person or business get a loan if they have bad credit?
This week I take a look at a question posed on Quora.com about how a person with a poor credit score can get a loan.
The ensuing discussion is about the 5 C’s of lending and they apply equally to personal and business borrowing. Do you know what the 5 C’s are?
If you think you’ll need a loan one day or if you’ve read my book Invest Local and you want to become a lender then I think you’ll enjoy this one.
Improve your character now by watching the video here: https://youtu.be/UQ4yhKBVnzI
Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site.
Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. While you’re there… download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
Thank you and I’ll see you next time.
100 vs. 1000000 video here: https://youtu.be/1EjKjSAd1F8 Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
Related Article: Remember that scene in The Social Network when one of Mark Zuckerberg’s original partners found out that the shares that were once like 30% of FaceBook had suddenly become like 2% of FaceBook? How does that happen?
In the movie, Zuckerberg is made to look like an opportunist who took advantage of his former partner. In many businesses, dilution of an ownership position happens by design and with purpose. In fact, all the greatest companies you know have had shareholders dilute their positions over time to facilitate the incoming capital that they needed to grow.
This week I answer a question about how share dilution can happen in a small business and why it can be something that the founding shareholders may wish to happen.
Watch the video before if becomes too watered-down: (ha!) https://youtu.be/FtogXYXCC1s
Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb
Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site.
Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. While you’re there… download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
Thank you and I’ll see you next time.
Learn more about buying, selling, managing and financing businesses and sign up for my e-mail list at http://www.DavidCBarnett.com Learn to Buy a Business: http://www.BusinessBuyerAdvantage.com
Related Article: Partnerships; it makes one think of comraderie, solidarity, marriage even. So often people get a great idea and decide to form a partnership (or become shareholders in a corporation together) in order to make the great startup story happen once again. Here’s the problem though, what if the different founders are being asked to contribute at different levels? What if someone is being asked to put their personal income on the line by quitting a job and going to work full-time in this new venture? How do we reconcile the different contributions? It all has to do with the hats we wear. Watch as I answer this week’s question from someone on Quora.com who is in the middle of this very dilemma: https://youtu.be/4IJE6GsAkys Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site. Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there. Thank you and I’ll see you next time.
Mini Storage Mess video I referred to: https://youtu.be/9wrVubshfiY Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com Get on my email list: http://www.DavidCBarnett.com
Related Story.
Still running short on cash for a business acquisition or expansion?
A few weeks ago, I made a video about attracting private equity investors into your business. You can find it here: http://www.investlocalbook.com/2017/10/selling-shares-stock-in-your-small.html
I received a message from a YouTube viewer asking how he can make his deals more attractive to potential investors.
It basically comes down to one question: What are you going to do with the money?
In this video I tell the story of how I raised over $80,000 with only 9 phone calls to build a mini-storage business. The secret to my success was twofold, who I am and what I was going to use the money for.
Check it out here: https://youtu.be/rIK4wV4VBEo
Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site.
Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell.
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there.
Thank you and I’ll see you next time.
Learn to sell your own business: http://www.HowToSellMyOwnBusiness.com Sign up for my mailing list: http://www.DavidCBarnett.com
Related Article: Are you a retail store owner? A viewer sent me a link to this article and asked me about one of the items in the list. They wanted to know why the author was a proponent of telling everyone the business is for sale while I spend so much time telling people to keep things confidential. Let’s review the article and I’ll tell you what I think about each of the points in this video about the common mistakes people make when selling a retail business: https://youtu.be/zS_wG67FenE Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site. I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there. Thank you and I’ll see you next time.
Learn small biz systems http://www.EasySmallBizSystems.com Learn to buy a Business http://www.BusinessBuyerAdvantage.com Learn to sell a Business http://www.HowToSellMyOwnBusiness.com
Related article: Remember that Twilight Zone episode where the whole world went crazy except for the main character? Sometimes it may feel that the world is crazy when you know what you’re doing and everyone else does NOT. This week I tell the story of two clients who are looking to buy a business and everywhere they turn they find overpriced businesses that are poorly presented by incompetent brokers. They’re actually worried that they are the ones who are crazy. In their exasperation they asked me, ‘Don’t business brokers need to have at least a rudimentary knowledge of accounting?’ You may not believe my answer. Watch and learn my response in this video: Join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Some are learning how to get ahead of brokers with my Prepare to Buy a Business: The Next Step. Also on the same site. I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there. Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Thank you and I’ll see you next time.
Sign up for my email list: http://www.DavidCBarnett.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com Sell my business: http://www.HowToSellMyOwnBusiness.com
Related Article:
So, do you dream to going to the Dragon’s Den or Shark Tank to get some billionaire to put money into your business?
For most everyday people, it may be possible to sell stock in their company or as part of financing a business acquisition, but it won’t be like what you see on TV.
I’ve seen lots of people bring on new shareholders or equity financial partners to do a deal.
What makes real Main St. deals different from what you see on TV is the motivation and expectation of the investor.
Watch this video I made about how to position your deal to get someone to buy stock in your newly acquired business: https://youtu.be/gfsDDmOmxjc
Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html (Still spots left as some successful applicants haven't paid their registration fee yet.)
-or- join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com I’m coming to Halifax, NS December 4 to teach my Succession Planning Workshop and my How to Buy an Existing Business Workshop. It would be great to see you there.
Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell.
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
Thank you and I’ll see you next time.
Watch the video here: https://youtu.be/p8fDN2QkgoQ Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell your business: http://www.HowToSellMyOwnBusiness.com Sign up and learn more: http://www.DavidCBarnett.com
Related Article: Have you ever had that sinking feeling in your stomach when you realize that you’ve made a big mistake or someone has taken advantage of you? It happens. Sometimes we make a mistake. Sometimes we buy something on sale that can’t be returned and it doesn’t fit. Sometimes we pay money for something that ends up being garbage. It’s quite different, however, when we realize that someone has taken advantage of us. Unfortunately, I have had many occasions where I’ve shown people that they’ve been taken advantage of and it’s not pleasant. Often it leads to anger and a feeling of defeat- ‘How could I have let this happen to me?’ A viewer asked me to help show how people can avoid scams when buying a business. I put this video together to review the most common ones that I’ve seen over the years. Please like and share and post to groups, etc so that others can avoid these costly traps. Watch it here: https://youtu.be/p8fDN2QkgoQ Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html (Still spots left as some successful appliants haven't paid their registration fee yet.) -or- join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you sell. FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Thank you and I’ll see you next time.
Watch the video here: https://youtu.be/6KVAKRjTUtY Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell you business: http://www.HowToSellMyOwnBusiness.com Join my email list: http://www.DavidCBarnett.com
related article:
Who doesn’t love coming in after hours and counting all the stuff on the shelf? Unfortunately, most people who own businesses hate doing inventory. It’s so distasteful that an entire industry has sprung up to do it for people.. these businesses are populated mostly by moles and other nocturnal creatures since inventory counting is mostly done overnight. One local office here where I live hosts a team of inventory counters who assemble at dusk, ride a bus together to their temporary haunt, then scurry and scratch their way through mountains of precious goods. You can almost hear them saying.. ‘oooh my precious!’ Of course, if a small business owner wants to avoid the effort and cost of counting inventory, they can just make up the numbers. And many do just that! Then there are the other, more treacherous reasons for making up inventory figures. So what does this mean for someone trying to buy a business? What hazard does poor inventory counting create to the investigative small business buyer? Watch this video as I explain the relationship between inventory and COGS and why it’s so important and what you can do if it’s all messed up: https://youtu.be/6KVAKRjTUtY Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you avoid being the owner of a Zombie Business. Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html -or- join the legions of small business buyers who are learning what they need to know so they can avoid a bad deal. They’re taking my online course at www.BusinessBuyerAdvantage.com FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Thank you and I’ll see you next time.
Watch this video: https://youtu.be/uCSTCS2z3tk Mentioned Videos: Dead Capital in a Business: https://youtu.be/kHnIh6HM840 Businesses Shouldn't own Real Estate: https://youtu.be/KvLUD6lavJM
Sign up for my mailing list: http://www.DavidCBarnett.com Learn to Buy a Business: http://www.BusinessBuyerAdvantage.com Learn to Sell your Business: http://www.HowToSellMyOwnBusiness.com
Related Article Hallowe’en is just around the corner so I thought it would be fitting to discuss Zombie Businesses again. A zombie business is one which is full of dead capital. Wealth that is generating no return for it’s owner. This week my video discusses an article that asks if Millenials will be taking over the Main St. businesses of the Baby Boomers. Well, not if they’re undead. Watch as I explain what’s wrong with this hardware store in Massachusetts: https://youtu.be/uCSTCS2z3tk Do you have a business to sell? Visit www.HowToSellMyOwnBusiness.com and learn how I can help you avoid being the owner of a Zombie Business. Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
This fall I’ll be in Moncton, NYC & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Clinton's discussion forum: http://experienced-people.net/ Clinton's website: http://theexitfirm.co.uk/ Sign up for my email list: http://www.DavidCBarnett.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com
Related Article:
Have you ever dreamed of buying a money-making website and earning cash from the comfort of home?
Recently I’ve been speaking to more and more people about both buying and selling online businesses.
Clinton Lee has been making money online since the late 90s. In my discussion with him this week, we talk about the history of the online marketplace for website businesses.
The insights Clinton delivers will be shocking to many of you and I certainly learned many things… mostly tragic.
Tune in and listen as Clinton and I discuss the purchase and sale of online businesses and some of the special hazards that exist to people participating in this market.
Watch as we talk about this wild west market: https://youtu.be/neLe9jNdj6k
Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
This fall I’ll be in Moncton, NYC & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
Find Rick's free e-book at http://www.TheRestaurantNinjas.com Sign up for my email list at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Related article:
Would you accept $50,000 from someone just so they could be your sole source of seafood? A conversation with restaurant consultant Rick Nicholson was sparked this week when he was helping a client deal with out-of-control food costs relating to a supplier advance. Many people get into trouble with money when they lack the tools to properly understand and make good business decisions. Rick and I discuss the problems with food distributors ‘helping’ struggling restaurants in this week’s video. Watch as we talk about supplier financing to restaurants: https://youtu.be/bqOF-dUVUyc Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
This fall I’ll be in Moncton, NYC & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Joing the 2018 Accelerator program: http://www.investlocalbook.com/p/2018-group.html
Related Article: Goodwill is the value which ends up being paid for a business that has built up a regular clientele. It’s the difference between the value of the business’ cash flow and the value of it’s tangible assets. But what if the goodwill is literally in the head of the owner of a business? What if the profits are attributed to this person’s cunning as a shrewd manager or salesperson? How does the buyer pay for goodwill if the loss of the owner may mean the loss of business? This is particularly true of businesses that live or die by their ability to win contracts for trade work. Watch as I discuss this particular issue: https://youtu.be/V-ejWqEQL3c Want to buy a business in the next year? Join the 2018 Buy a Successful Business Accelerator Program: http://www.investlocalbook.com/p/2018-group.html FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
This fall I’ll be in Moncton, NYC & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Apply Now: https://youtu.be/icS3B3M6y40
Learn more about buying and selling businesses at www.DavidCBarnett.com
Byron wants to know how to understand what’s going on in one branch of a multi-branch business when there are no records kept breaking out sales by location. Tough problem.
We’ve all seen multi-location businesses in most cities and towns. What happens if you want to buy just one location but the owner is all mixed up with record keeping?
It actually happens all the time for different reasons.
You would think that the owner would want to know how each location is performing with respect to the rest. Well they do, but that is because they have a perspective you do not.
Watch as I discuss one of my favourite solutions to this problem: https://youtu.be/ef_vu8epGpA
Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an E-mail marketing list)
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
Learn small business systems at http://www.EasySmallBizSystems.com Sign up for my email list at http://www.DavidCBarnett.com
Related Article: How is a business owner supposed to work on building their business when they keep getting drawn into front-line tasks? How are you supposed to get away from the office when none of the employees will make any decisions while work slowly grinds to a halt? We take a page out of how big businesses operate and steal a secret from the auto-repair business and apply it to my caller’s problems. You can call me too, anytime at www.Clarity.fm/davidbarnett Watch as I discuss some possible solutions to this caller’s dilemma: https://youtu.be/RuW3f8cZG_A Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Sign up for my email list at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn to sell a business at http://www.HowToSellMyOwnBusiness.com
Related Article:
Ever since he was 17, Harry worked for his dad.
The only problem was, he hated it. No passion for the work. He never left though because he wants to please his dad.
Now dad thinks it’s time for Harry to buy the business. What is Harry to do? He wants to leave and do his own thing but he’s afraid that dad won’t love him anymore.
Does Harry have to leave town to avoid his father’s fury?
Watch as I discuss Harry’s situation: https://youtu.be/1aJfJEVZIsk
Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y
Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list)
Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This summer & fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com (maybe Boston too, stay tuned.)
Thank you and I’ll see you next time.
Join my email list at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Run a better business at http://www.EasySmallBizSystems.com
Article cited: https://www.psychologytoday.com/blog/fulfillment-any-age/201006/the-importance-vacations-our-physical-and-mental-health
Related article: I took the kids on a 5-day trip to Cape Breton Island. We saw the Fortress of Louisbourg, the tall ships in Sydney Harbour, the Alexander Graham Bell historic site, the Cabot Trail and the site of Marconi’s first operational trans-Atlantic radio base. It was a blast. In this week’s video, I talk about the trip but also about why vacation time is so important. You need to break your routine to come up with the ideas that ultimately create value. Your business is an asset that should be delivering this lifestyle. Don’t believe me? I’ll show you some cool stuff from an article published in Psychology Today all about why we need to get away. Watch as I talk about the amazing trip I had and why vacation time is so important if you run or will be running your own business: https://youtu.be/moQ2WJ2v4SA Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com (maybe Boston too, stay tuned.) Thank you and I’ll see you next time.
Sign up for my email list at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn to sell a business at http://www.HowToSellMyOwnBusiness.com
Related Article: Last night I spent 3 hours with a group of newcomers. India, Israel, China… people from all over. They’ve decided to pack up and move to a new country and are using entrepreneur immigration programs to do it. I’ve been speaking to groups like these since 2009 and some of the same topics always come up. I’ve summarized it in this video where I give my top advice to immigrant entrepreneurs: https://youtu.be/yz037j4grrs Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com (maybe Boston too, stay tuned.) Thank you and I’ll see you next time.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com
Related Article: I’m away on vacation with Natalie. She’s my sweetie and travelling companion. We’ve been over to London, Brussels, Frankfurt and now in Munich. We’re having a great time. We’ve also been learning about some of the differences between Europe and Canada. More windmills, fast trains, container boats on the river Rhine and why everyone tells us not to leave big tips in Europe. That’s interesting, isn’t it? Learn more in this audio track I made: https://youtu.be/13IO5kYaRyU Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an e-mail marketing list) Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com (maybe Boston too, stay tuned.) Thank you and I’ll see you next time.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Sign up to my e-mail list: http://www.DavidCBarnett.com Learn how I can help you sell your own business: http://www.HowToSellMyOwnBusiness.com
Related Article:
A few weeks ago someone posted a request on YouTube asking for examples of equity financing.
Equity financing is one of the hardest things for a small business owner to pull off but yields huge results.
You get money with no fixed payment.
There is a cost though, you start to give up some of the flexibility and control you enjoy as a sole-owner.
Equity financing comes in many flavours and has its’ own set of hazards when you try to put it in place.
Learn more in this video I made: https://youtu.be/5h_ouZ-sUoU
Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y
Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com
Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This summer & fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com (maybe Boston too, stay tuned.)
Thank you and I’ll see you next time.
Get your copy from http://www.DavidCBarnett.com and sign up for the email list.
Get your copy for Kindle: http://a.co/fGtirYU
Sign up for my email list and see my blog with hundreds of articles and videos: http://www.DavidCBarnett.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
The original merchant cash advance video is here: https://youtu.be/R4SXiFQHhNo
Related article:
Tom says I don’t love small business people.
If I did, I wouldn’t be so hard on Merchant Cash Advance he claims.
You see, I made a video 3 years ago about how small businesses with credit card terminals could effectively sell a portion of their future cash flows to get money today.
I said that this was a very expensive way to finance a business and that people need to be fully informed about the actual costs. Tom thinks that I got my numbers wrong.
I made a new video where I explain how expensive merchant cash advance can really be and the difference between APR and ‘payback.’ Payback is a new financial term created by this industry to try to confuse unsophisticated small business owners.
Check it out here: https://youtu.be/kCLS09fXUE4
Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y
Learn how to better manage your small business with my easy method of organizing yourself. Learn more at www.EasySmallBizSystems.com
Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This summer & fall I’ll be in St. John’s, Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com Sign up for my email: http://www.DavidCBarnett.com Sarah's website: https://uptreehr.ca/
Related Article: Do small businesses need employment contracts when they hire? An email that arrived a few weeks ago caught my attention when it talked about the importance of employment contracts even for small businesses. HR Expert Sarah Mullins and I speak about why and how you should get things on paper, even in the tiniest of businesses. I also learned an incredible fact about buying businesses in Nova Scotia. It highlights why you need local legal advice with some of the details when you buy or sell a business. Watch and learn how and why all businesses can benefit from employment contracts in dealing with employees: https://youtu.be/rjg0q7F0C-Q Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in St. John’s, Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Watch the video here: https://youtu.be/09ndJBQT6A8
Learn how to buy a business. http://www.BusinessBuyerAdvantage.com Sign up for my list and learn more at http://www.DavidCBarnett.com I'm now on iTunes! https://itunes.apple.com/ca/podcast/david-c-barnett-small-business-deal-making/id1234025671?mt=2
Related Article: Do business brokers work together?
Dustin wants to know if he should stick to the first broker he met and ask for help to look at other businesses that are for sale elsewhere? What is the etiquette when working with business brokers? Is it like real estate agents?
Great question! Many business brokers will work together. Especially in franchise networks, except for those who won’t work together. Then there are the brokers who don’t like each other.
Are they supposed to play nice? How should a buyer act? Is there a certain method or code of conduct a buyer should be aware of?
Watch and learn how and why business brokers work or don’t work together in this new video I made: https://youtu.be/09ndJBQT6A8 Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This summer & fall I’ll be in St. John’s, Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
Watch this video on YouTube: https://youtu.be/o3-bBxmfcT8
Learn to buy a business successfully: http://www.BusinessBuyerAdvantage.com Sign up for my email list at: http://www.DavidCBarnett.com
Related article:
Don’t you love the smell of fresh bread? It’s almost as good as the smell of money, isn’t it? A YouTube viewer wants to know my opinion of bread routes. It’s a simple little business where you deliver bread to local stores on behalf of a commercial bakery. It makes their distribution easier since they don’t have to manage a fleet and since the delivery people are their own boss, fewer employees too. So, is this a good kind of business for someone to get into? Watch what I think of bread routes and other distribution route businesses in this new video I made: https://youtu.be/o3-bBxmfcT8 Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in St. John’s, Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Learn how to buy a business: http://www.BusinessBuyerAdvantage.com Learn more: http://www.DavidCBarnett.com
Related article: How much is your new SAAS worth before you sign up any customers?
Don’t know what a SAAS is? Don’t worry.
Quick on the heels of last week’s article and recording about valuing online businesses, I feel that I need to clear the air on how to put a price on a pre-revenue startup.
I hesitate to use the term ‘business’ for these speculative ventures since I like my businesses to have cash flows attached to them.
Learn more about my ornery, old-man type opinions that would likely be considered quite ignorant and rude in Silicon Valley circles.
You can see/listen on YouTube right here: https://youtu.be/8oZGp1ejo6E
Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail.
Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This summer & fall I’ll be in St. John’s, Halifax (www.ceed.ca), Moncton, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
What’s with all the internet entrepreneurs suddenly coming out of hiding and looking for my advice? In the last few weeks I’ve heard from several online business people who need help in determining a value for their business. What is it worth and why is it different from a real-world business? There is so much crazy buzz out there about how to put a price on these .com companies that I felt I had to address it in an audio recording. You can see/listen on YouTube right here: https://youtu.be/04OCZBcvVws Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in St. John’s, Newfoundland, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Watch the video here:https://youtu.be/UrBLOtRY0OI
I got a great piece of feedback the other day on YouTube. Wayne tells me that ‘any idiot’ can put a deal together to buy a business without using their own money otherwise ‘leveraged buy outs’ would not exist. This week I’ll explain to you what a leveraged buy out is, how it works, and we’ll see if a person with no money could actually pull it off. I know that you’re all anxious to find out if you’d be an idiot under Wayne’s definition. It’s all in this video right here: https://youtu.be/UrBLOtRY0OI Learn how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. This summer & fall I’ll be in St. John’s, Newfoundland, NYC, Orlando & Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com Thank you and I’ll see you next time.
Watch the video here: https://youtu.be/_OYrCpPW004
Ian has an opportunity to lend money to a not-for-profit community group. Is this a good idea and what about security, foreclosure, etc? I’ve had the chance to be involved with a few situations which involved community groups borrowing money, some worked out ok, some did not. Direct lending can create a great opportunity for returns, but only if you’re prepared for all the things that could go wrong and you’ve prepared yourself properly. Learn more in this video where I talk about my experiences with community groups borrowing money: https://youtu.be/_OYrCpPW004 Learn how to make money with private loans and leases by reading my 2014 best-selling book, Invest Local, or my taking my online course at www.LocalInvestingCourse.com where you get hours of video tutorials and all the documents and paperwork that I used in my own deals. 30-day guarantee, no risk for you. Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me. If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes. Thank you and I’ll see you next time.
Watch the video here: https://youtu.be/lwORvoJ_xeY
Get on the list and stop missing new videos at http://www.DavidCBarnett.com Get your business running smoothly with EASY systems at http://www.EasySmallBizSystems.com
Related Article:
I’ve heard that you can’t fight city hall.
I’ve never tried. I believe in keeping light on your feet and moving fast.
When I had a conversation with the owner of a small manufacturer, I was reminded why I often advise businesses to lease property instead of owning. It gives you more flexibility.
This guy had a problem with zoning and needed help so he could mortgage the building and get operating capital.
My red flags went up and within a few questions I had identified the real problem… one he was working hard to avoid.
As one of my favourite authors, Ayn Rand, once said, ‘you can ignore reality, but you can’t ignore the consequences of ignoring reality.’
Learn more in this story I tell about the businessman so concerned about zoning that he forgot why he was in business: https://youtu.be/lwORvoJ_xeY
Make your business easier to run, more profitable and more easily sold when the day comes by implementing the 13 steps of my Build a Business That People Will Want to Buy System. Learn more and enroll at www.EasySmallBizSystems.com. 30 day guarantee, no risk for you.
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail.
Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/Q1yOzL73zCo
Learn how to buy a business at: http://www.BusinessBuyerAdvantage.com Sign up for my emails at http://www.DavidCBarnett.com
Related Article:
A YouTube viewer asked me, ‘…when my banker says that the business is overpriced and the debt-service coverage ratio doesn’t work, what does it mean and should I just try other banks?’ Basically, bankers are concerned that there is enough cash left after expenses to make their loan payments... plus a little extra for unforeseen expenses. Pretty good idea, eh? So how can an owner ask so much for a business that there isn’t even enough cash to make the loan payments? I’ve seen it happen over and over and over and over and over again. Watch and see how this happens and why you need to understand how to spot these bad deals before they waste a bunch of your time and your bankers. Learn more in this video I made about DSCR.. https://youtu.be/Q1yOzL73zCo Educate yourself about buying a business before you waste a bunch of your time and money on crappy deals. Learn more about my online course at www.BusinessBuyerAdvantage.com. My comprehensive program has been used by hundreds of people who now know how to avoid crappy deals and save their time. There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee. You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me. **Summer reading special. Get all 4 of my books (Invest Local, Franchise Warnings, Credit Card Advantage and How To Sell My Own Business) for one low price with FREE WORLDWIDE SHIPPING. Just in time for summer. [Order here] I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca . Thanks and I’ll see you next time.
Where do all these tracks come from and why am I Creating a podcast feed? I'll tell you...
Recap about how to set goals based on Napoleon Hill's book, Think and Grow Rich. Also, some comments about MLM systems and what they're really about.
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★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Don't get frustrated by small business owners who don't understand the Internet. Seize your opportunity to build success of your own.
All three of my books in one Bundle: http://gum.co/dOntJ/20000 Buy my Book, Franchise Warnings. http://gumroad.com/l/VdRG Buy my Book, Invest Local. http://gumroad.com/l/quoB Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free
Visit my blog http://www.InvestLocalBook.com Follow me on FaceBook: http://www.facebook.com/dbarnettmoncton Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 60 Minute Telephone Consultation: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TARE3SYLYLJGY
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
How do you approach the delivery of your price? Are you afraid to say how much your product or service costs? Are you helping your client solve a problem or do you feel like you're asking them for a favour? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story about some aggressive business people who almost killed their company to death by doing a great job and increasing customer satisfaction and demand. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I talk about the subject of setting customer expectations about when you expect to get paid and ways that a small business can get paid faster. Extend DPO, Shorten DSO. Learn more in the video. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of how important it is to take money off the table when you own your own business and get it into something that is defensible. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of 'G' who had been a long time pizza franchisee. The interaction between him and his franchisor after more than a decade of working together is just one of the stories you can find in Franchise Warnings, my book available from Amazon or here: ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I was doing some work to help evaluate a business for sale. I discuss the value of the business and how the fact that it is a franchise complicates the sale. The real victim is the seller who won't be able to get a good price for the business because of the franchisor's rules. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Seller financing is not just for buying small businesses. Here's a story about how it can be applied to an equipment liquidation to both the buyer and seller's benefit. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I discuss the difference between investments and speculations. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I teach you how receivables financing works and how it can be an option to finance a company with rapid sales growth that needs to give trade credit to customers. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video here: https://youtu.be/yA222Hzd8zo
I was watching the market for the car I wanted to buy and found a great deal so I needed to sell my old car. I turned it into a 52.68% yielding deal in only 4 days. I show you how, but you should really read my book. Invest Local available on Amazon.com.
http://www.InvestLocalBook.com
Talk to me on the phone anytime by going to www.clarity.fm/davidbarnett
Visit my blog or buy my book at http://www.InvestLocalBook.com or from Amazon.
The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
sign up for my MailChimp e-mail list http://eepurl.com/XKdW1
When you want to go out and talk to investors about getting money for your business you need to answer the 4 big questions: 1. What will my money be used for 2. How will you make money with my money 3. Can you execute this plan? 4. What will happen to my investment if things go wrong? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of a driveway paver who has to compete with money laundering drug dealers. Also, I'll be in Vegas the weekend of Nov 14th, 2014 and I show you the changing trees in my neighbourhood. (that's how we spell it in Canada) ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I stopped by my local bullion dealer today to pick up an ounce of gold. I discuss asset diversification and the 8 asset classes from my book, Invest Local. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I discuss a friend who wants to buy a house and is trying to determine the proper down-payment. I also talk about credit card limits and how they make you feel? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I briefly discuss a public questions posted on Clarity.fm. What do you do with your business plan once its written? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I talk about a piece I wrote in September about my advice to new entrepreneurs. Learn about overhead, vendor trade credit and how to forecast sales. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I have often used the strategy of making multiple simultaneous offers when buying houses, businesses, or large capital items. It can be a way to frame the discussion with the seller and show that you're open to various scenarios. I talk about one such example in helping a friend who is negotiating to buy a company. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I explain how I used a partial note selling technique in order to reduce risk in a local investment I just put together. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I've been a part of a mastermind group for 3 years now and I think it's critical to my success. They hold me accountable to my goals and it helps to ensure that I get stuff done. Many advantages in helping my local investing deals as well. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I answer Rick's questions about mastermind groups and discuss why mine is so successful. It's because of business systems. How can you join or make your own MasterMind group? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I comment on a message received by an accountant about Invest Local and how he never thought of doing deals with his own clients. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I discuss some of the things I've noticed about inventory in successful small businesses. They often have too much. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I describe the only unsecured business loan I ever did. From my book Invest Local available from https://gum.co/quoB ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of a franchised coffee/muffin location that goes under and how the franchisor is able to profit from the situation. A real eye-opener for anyone considering entering a franchise opportunity. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I discuss a business that is not doing very well and the owner's expectations of what the company is worth. I discuss the conflicting mindsets of entrepreneurs vs. investors. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I discuss a business buyer who is trying to negotiate with an unrealistic seller. What strategies would you use to try to get the seller to see that they're being unreasonable? ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of an elderly entrepreneur who negotiated a high selling price while turning his business into a retirement annuity. Clever guy and a great illustration of how negotiations can be win-win. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I tell the story of a young couple who needed to borrow for debt consolidation and to buy a medical device. I outline how I determine if a personal loan makes sense and how to set up a 'minimum payment' loan arrangement.
http://www.InvestLocalBook.com
http://www.clarity.fm/davidbarnett
Talk to me on the phone anytime by going to www.clarity.fm/davidbarnett
Visit my blog or buy my book at http://www.InvestLocalBook.com or from Amazon.
The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
sign up for my MailChimp e-mail list http://eepurl.com/XKdW1
I describe the process by which one sets up systems in a small business. I also make reference to the systems I set up in a previous business which you can learn more about at http://www.yourjunkbiz.com ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
An educational clip about leases, master leases and head leases. Particularly applicable in franchise business locations. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video https://youtu.be/BWjyzEC4pt0
I tell the story of trying to sell a bird-watching store and the dangers of owning an ultra-small niche business. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video https://youtu.be/R4SXiFQHhNo
I discuss the Merchant Cash Advance product that small businesses can take advantage of... but only if they have no other options. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video https://youtu.be/JodLDpQrQKU
I describe a conversation about a contractor who wanted to use financing to increase sales and improve profits. I break down the opportunity for me as well as the enhancements for the contractor.
http://www.InvestLocalBook.com
http://www.clarity.fm/davidbarnett
Talk to me on the phone anytime by going to www.clarity.fm/davidbarnett
Visit my blog or buy my book at http://www.InvestLocalBook.com or from Amazon.
The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
sign up for my MailChimp e-mail list http://eepurl.com/XKdW1
Watch the video: https://youtu.be/NpW578-9m2E
I tell the story of a client who decided not to go forward with a deal and didn't want to pay me for the work I had done. I recount the adventure of hiring a collection agency and then going to small claims court. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video here: https://youtu.be/o8UvLnb4wyc
I tell the story of a guy trying to buy a bus and start a tour company. Good ideas on how to safely start a business while keeping risk low. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video: https://youtu.be/AcupDx9hlMk
A few short slides from my Business Buyer Secrets seminar that explains why its less risky to get into business by purchasing rather than starting one. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video: https://youtu.be/eWnnU5BGkyg
I recount the story of a businessman who hated debt so much that he paid it off, only to need a loan later. Story about how to properly capitalize your business. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video here: https://youtu.be/hcSTUvXS2Qo
I relate a conversation about a reader who wants to do a capital lease and we discuss the best way to negotiate personal guarantees. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Watch the video here: https://youtu.be/Ytp0zjMLuMI
I discuss a deal to loan a trucking company $75,000 that didn't quite work out. ▼▼CLICK ▼▼SHOW MORE▼▼FREE INFO & AUDIO BOOK▼▼
★★★★★ Sign up for my MailChimp e-mail list http://eepurl.com/brqqjb ★★★★
★Learn to buy a business with my full-day course. Find, analyze, value, structure, finance and execute your deal with this information: http://www.BusinessBuyerAdvantage.com
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: http://www.LocalInvestingCourse.com
★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. http://www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. http://gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: http://gum.co/dEnAu/free
★Visit my blog http://www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list http://eepurl.com/XKdW1 ★Talk to me on the phone about a deal you're working on or a decision you're considering http://www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content..
Watch the video here: https://youtu.be/Q0IAOtLBAPg
Learn more at http://www.InvestLocalBook.com I'm coming to Toronto May 10th. http://davidbarnett.eventbrite.com
Related Article:
Peer to peer lending has been around in the USA and UK for over 10 years. Basically, it allows business owners to seek financing directly from local investors who can contribute as little as $25 to a loan. LendingLoop.ca is the first platform to do this in Canada and I had the chance to interview the CEO, Cato Pastoll about their successes and challenges in Canada’s very unique securities regulatory environment. Listen in on my conversation with Cato Pastoll about how you can use P2P lending platforms to make investments in businesses and fund your SmallBiz expansion or refinancing: https://youtu.be/Q0IAOtLBAPg Learn how you can make local small business investments with my online course at www.LocalInvestingCourse.com . My comprehensive program has been used by people all around the world. There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee. Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me. I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca . June 5, I’ll be back in Halifax doing two workshops at CEED. Learn to Buy a Business or Plan your Exit. Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/TtcLDxsmtOI
Ian wrote to me to ask how he can find business owners to speak to before they put their business up ‘for sale.’ It’s a smart strategy. Business brokers often tempt sellers to list their business in the hopes that the broker will be able to create a competition amongst buyers which drives up the price of the business. If a buyer can meet a seller before they go to the broker, a deal can be made that may result in a lower business price for the buyer -AND- savings to the seller in the form of not paying any broker’s commissions. Often it ends up being a win-win scenario. The problem for Ian is determining which businesses to approach and HOW to approach the owners while being perceived as credible and capable of buying the business. This is why I made ‘The Next Step,’ my 12-step self-serve coaching program for finding target businesses and contacting their owners. Check out how I can help you find businesses to speak to BEFORE they’re on the market: https://youtu.be/TtcLDxsmtOI Doing the legwork to find a business before it goes on the market can be very rewarding. Learn more about my online course and The Next Step at www.BusinessBuyerAdvantage.com. My comprehensive program has been used by hundreds of people and I have yet to meet a dissatisfied customer. There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee. You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me. **Summer reading special. Get all 4 of my books (Invest Local, Franchise Warnings, Credit Card Advantage and How To Sell My Own Business) for one low price with FREE WORLDWIDE SHIPPING. Just in time for summer. [Order here] I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca . Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/tJuCAlwidRE Shawn wrote to me and asked how he can measure if someone is really ready for the challenges of being an entrepreneur. It’s a great question. When I was a business broker I also wanted to know if people were ready to be business owners. Especially those civil servants with fat pay cheques, great benefits and an awesome pension waiting in their future. Would this person really quit all of that to get into the uncertain life of a small business owner? To determine if I was dealing with someone serious or not, I developed a couple of tests that I could use to see if someone had the guts to be their own boss. Check out how I measured ownership-readiness in this video: https://youtu.be/tJuCAlwidRE Sleepless nights will be the least of your worries if you make a major error and overpay for a business. You need to learn what you’re doing. My online course teaches what most people need to know to spot a bad deal. Learn more at www.BusinessBuyerAdvantage.com. My comprehensive program has been used by hundreds of people and I have yet to meet a dissatisfied customer. There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee. You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me. **Summer reading special. Get all 4 of my books (Invest Local, Franchise Warnings, Credit Card Advantage and How To Sell My Own Business) for one low price with FREE WORLDWIDE SHIPPING. Just in time for summer. [Order here] I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca . Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/INMiJJbXrZw Learn more and join my mailing list at http://www.DavidCBarnett.com Get my help to buy a business at http://www.BusinessBuyerAdvantage.com Let me help you sell your business at http://www.HowToSellMyOwnBusinss.com
Watch the video here: https://youtu.be/hWm4ZQxWlEw Deferred revenue video mentioned is here: https://youtu.be/qS6QQtk41xA
Learn how to buy a business at: http://www.BusinessBuyerAdvantage.com
Sign up for my e-mail list and learn more at http://www.DavidCBarnett.com
Watch the video here: https://youtu.be/hzSC5hJRWnA Learn more about buying and selling businesses at http://www.DavidCBarnett.com and sign up for my weekly e-mail.
Watch the video here: https://youtu.be/qZ_16gRcO00 Sign up for my e-mail list and learn more, get FREE resources at www.InvestLocalBook.com
Related Article: When does it make sense for a one-person company to hire its first employee? Being a one-man business can be tough. There is never enough time to do everything. When is the right time to make that first hire? One of my viewers wants to know. Watch my answer in this video: https://youtu.be/qZ_16gRcO00 I love this question because it’s all about perspective. Here’s my two step process for determining if it is the right time to hire that first employee: 1. Track every task you do all day long. Every 15 minute block must be accounted for. 2. Once you’ve got a week of data, go back and decide if each block was spent doing a $10, $100, $1000 or $10,000/hr task. Use colours. $10/hr task are the menial, simple tasks that don’t add much value. Photocopying, running errands, etc. $100/hr tasks are things like sales and customer service, maybe difficult technical work. $1000/hr tasks are sales of big ticket items or project management of big ticket jobs. Think of a $25,000 renovation. $10,000/hr tasks involve long term planning and strategic decision making. For example, ‘Should we add this new product?’ This decision could mean hundreds of thousands of dollars in sales per year. It is definitely worth the time of an owner. Now that you’ve colour-coded our time audit we can see how much time is being spent on each category of task. Let’s take a moment and re-phrase the question. How can an entrepreneur afford to spend 25, 30, 40 or 50% of his time doing $10/hr tasks? Once you hire that first person, usually an assistant or some type, you can unload those tasks and make room for more of the higher-value tasks. Probably sales or customer service, asking for referrals, etc. The things that bring in more revenue. Leveraging the efforts of others is the single biggest advantage of being in business. It’s what allows businesses to grow and create wealth for their owners. If you’re not going to get others to help take the low-value items off your schedule you don’t actually own a business, you own a job! Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Do you live in Halifax or Toronto? I’ve got two workshops coming up at the end of June in Halifax and three coming up for Toronto in September. Book now to get early ticket pricing. http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/ODZF3gTeETc http://www.HowToSellMyOwnBusiness.com http://www.DavidCBarnett.com for blog and mailing list, FREE resources.
Buy my book 'How To Sell My Own Business' on Amazon: https://amzn.com/1523318570
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Should you Sell Your Business to your Employee? Two weeks ago I was in Dartmouth, NS talking with the commercial loan officers of Atlantic Canada’s credit unions about business valuation. At the end, I got a question from the floor about succession planning. ‘Does it make sense to sell a business to an employee?,’ asked one of the attendees. I know you’re going to hate this but, it depends. Watch the full story in this video: https://youtu.be/ODZF3gTeETc In well organized, maybe larger businesses, managers have well defined roles and responsibilities. They manage their own business plan and make decisions about resources and employees. It’s up to them to perform and they’re accountable for what happens. This type of person may be able to transition into entrepreneurship. In many smaller businesses which are ‘technician run,’ to borrow the terminology from Michael Gerber’s E-Myth book, it is not so easy. These small business operators keep most of the strategic procedures and policies in their heads and ALL the responsibility. Sometimes a long-time employee who is really great at handling a long list of complex TASKS is given the title of ‘manager.’ This doesn’t actually make them a manager. I’ve been involved in two such successions and both buyers failed after about two years. They were never the right candidate to weather the stress involved in business ownership. Most importantly, however, they didn’t have the drive and ambition. If they did, why were they still working in someone else’s shadow for all those years? Most business owners want to try to find a buyer on their own. 80% of small businesses are sold in the private market and mostly because owners don’t want to pay any type of commission to a broker. So who do you look for when you need to find a buyer? Try the ones who got away. The good employees that you hated to lose because they knew the business and were really capable. The ones who left because they wanted more. These are the people with ambition. If you want to learn more about how I help business owners sell their own business and avoid paying a commission, check out www.HowToSellMyOwnBusiness.com There are plenty of FREE resources there to help you begin planning your transition out of your business. Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Improve your business each and every day, download my FREE daily cheat sheet and hang it in your work area to keep yourself focused. https://gum.co/15Questions/FREE Do you live in Toronto? I’ve got three workshops coming up for Toronto in September. Book now to get early ticket pricing. http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/64KgCW9I0wo Sign up for my email and visit my Blog at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com Learn to do local investing deals via private loans and leases at http://www.LocalInvestingCourse.com
Watch the video here: https://youtu.be/iqo5EngtGa8 Learn more about buying and selling businesses at http://www.InvestLocalBook.com Learn how I help people sell their own business at http://www.HowtoSellMyOwnBusiness.com
Watch the video here: https://youtu.be/HgDLgwbXgj0 http://www.BusinessBuyerAdvantage.com http://www.HowToSellMyOwnBusiness.com http://www.InvestLocalBook.com
Buying assets vs. buying shares
When buying or selling a business, a common question that comes up is whether to buy or sell the shares or the assets of the business. For some people who are not familiar with this, the concept can be hard to grasp. That’s why I made this video to explain things in simple terms: https://youtu.be/HgDLgwbXgj0 Here’s an illustration. Imagine that Mark owns a lawn maintenance company; Mark’s Lawns Inc. Mark’s Lawns Inc. owns a tractor. If you wanted to get into the lawn maintenance business you could buy Mark’s Lawns Inc. The ownership of the tractor doesn’t change. It was and still is owned by Mark’s Lawns Inc. In this case, the seller is Mark. He’s selling the shares of the corporation to you. The other way to buy the business would be to buy the tractor. In this case, Mark’s Lawns Inc. is the seller. The ownership of Mark’s Lawns Inc. doesn’t change. Mark will still own this corporation after the transaction, the only difference is that the company will have money in it instead of a tractor. Because corporations are people under the law, a share sale makes a new owner subject to liabilities to past events. An attorney will do their best to structure warranties to try to protect a buyer but at the end of the day, a share sale could expose a buyer to unwanted liabilities. Asset sales are technically just the purchase of ‘stuff.’ In this regard a buyer doesn’t necessarily have to worry about most of the past issues with the corporation. Also there are usually tax advantages for buyers who buy assets because equipment that may have been fully depreciated by a seller may now appear on the buyer’s books at fair market value and can be depreciated again by the buyer. Seller’s know this and there is an equal tax disadvantage vis-à-vis depreciated equipment. Also, in some places, such as Canada, there is preferred tax treatment on the sale of shares of an eligible corporation. So when people ask me if they should buy or sell shares or assets I tell them this: Buyers should try to buy assets, sellers should try to sell shares but at the end of the day it doesn’t matter. The type of transaction will form part of the negotiation. Let me give you a simple example. A seller wants $250,000 for their business. A buyer offers $200,000. The seller says that they can’t go that low unless the buyer is willing to purchase shares… a deal is struck. The tax advantages/disadvantages of either form of sale are known by both parties and can sometimes be estimated by both parties. As such, it just comes down to dollars and cents in most cases.. unless there are specific reasons to buy shares such as contracts, government regulation, etc… but that is a subject for another day. If you’d like help to buy or sell a business, call me at (506) 381-8416 or visit www.HowToSellMyOwnBusiness.com or www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Improve your business each and every day, download my FREE daily cheat sheet and hang it in your work area to keep yourself focused. https://gum.co/15Questions/FREE Do you live in Toronto? I’ve got workshops coming up for Toronto in September on buying and selling businesses. Book now, there isn’t much room left.. http://davidbarnett.eventbrite.ca If you’d like to learn how to create high returns by making local private lending deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts in September. Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/m0wWErgtlM0 Visit my Blog and sign up for my e-mail list at http://www.investlocalbook.com
Learn how I can help you sell your business at http://www.HowToSellMyOwnBusiness.com
How to Sell a Business – Keeping it a secret
One of the most distinct aspects of the market for small businesses is that it is a secret one. The worst thing that a business owner can do is publicize the fact that their business is for sale.
If any of the following stakeholder groups finds out that a business is for sale, the business could be ruined and all that an owner has worked for could be destroyed:
• Employees
• Customers
• Suppliers
• Lenders
• Competitors
I explain why secrecy is so important for each group in this NEW video: https://youtu.be/m0wWErgtlM0
I also explain what business for sale really means to 95% of the population.
Let me give you a little info on each one:
Employees: If they think change is coming, they may bail. The best employees always have available opportunities with competitors.
Customers: If you deliver in the future or people rely on a warranty, they wont have any faith in your future if they find out youre for sale.
Suppliers: If these guys think theres something wrong saygoodbyeto your trade credit.
Lenders: Ive had more than one client have their credit line cut when their banker found out they were for sale. I explain why in the video.
Competitors: These guys will use anything they can to steal business. News that a business is for sale will help them sew doubt in the minds of prospects.
If you want to learn how I help my clients advertise their business for sale confidentially, check out http://www.HowToSellMyOwnBusiness.com
There are plenty of FREE resources there to help you begin planning your transition out of your business.
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
If you would like to hear from me weekly before anyone else, you can sign yourself up at http://www.DavidCBarnett.com
Do you live in Toronto? I’ve got three workshops coming up for Toronto in September. Book now to get summer special ticket pricing. http://davidbarnett.eventbrite.ca Some sessions have fewer than 20 seats left. Learn more about these workshops in this video: https://youtu.be/l2T3pwr9lkw
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/cOCB26GOzwk Learn more and sign up for my weekly e-mail at http://www.InvestLocalBook.com
Learn how I help people sell businesses at http://www.HowToSellMyOwnBusiness.com
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This mistake will cost a business seller ‘five-figures’ on closing day. I remember when I started running my first ‘real business.’ I call it that because I had sales everyday and had to keep up on deposits, etc. I wanted to use accounting software to simplify the process. This was back in 2005. I hired a woman to come over to my office and teach me how to use Simply Accounting, she taught me why it was important to ‘track reality’ in my books. For example, if I didn’t accurately record payables, I could end up with lots of money in my bank account and mistakenly believe that the money was mine, when it may actually have been my suppliers’. Watch me tell the story and of how a seemingly innocent bookkeeping shortcut will cost one business seller over $10,000 on closing day: https://youtu.be/cOCB26GOzwk As a business owner, you need to know your numbers. Every line of them and make sure they make sense every year. If you want to learn more about how I help business owners sell their own business and avoid paying a commission, check out http://www.HowToSellMyOwnBusiness.com There are plenty of FREE resources there to help you begin planning your transition out of your business. Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at http://www.DavidCBarnett.com Improve your business each and every day, download my FREE daily cheat sheet and hang it in your work area to keep yourself focused. https://gum.co/15Questions/FREE Do you live in Toronto? I’ve got three workshops coming up for Toronto in September. Book now to get summer special ticket pricing. http://davidbarnett.eventbrite.ca Some sessions have fewer than 20 seats left. Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/BwNY7cpSZhI visit www.HowToSellMyOwnBusiness.com or www.BusinessBuyerAdvantage.com
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Why does the seller make me WAIT so long for information? I got a call from a client the other day. He’s been trying to decide if he wants to pursue a business that is rumoured to be for sale. I say ‘rumoured’ because it certainly doesn’t seem like it’s for sale. The owner says he wants to sell, he speaks highly of the business and its potential, but he just won’t hand over the information the buyer is asking for; the latest financial statements. What on Earth is going on? I explain the possibilities in this video: https://youtu.be/BwNY7cpSZhI The first thing that is obvious is that this seller hasn’t read my best-selling book; How to Sell My Own Business. If he had, he would know that you never go out looking for buyers and talk with them before you’re completely prepared to answer all their questions and you’ve got your ‘package’ together. Putting together Confidential Business Profiles is part of what I do for my clients. From the seller’s perspective here’s what may be going on: 1. There may have been a pressing emotional or personal need which pushed the owner to decide to sell and this need may no longer be so aggravating. 2. If the business is profitable, then the longer the seller delays the sale, the more money they make in the interim. 3. There may be some pressing business needs that require their attention in the present, selling the business may actually be a ‘side project’ and doesn’t get the proper attention. 4. Outside advisors or service providers like accountants may not be available because of workloads or vacations. Let’s be clear, any delays caused by the seller are not good for the deal. They upset the buyer and buyers can be hard to find. One of the hazards of this scenario is that the more a buyer follows up and ‘chases’ the seller, the more the seller may begin to think that the buyer is in love with the business. This can cause them to believe they can get more money for the business. As a buyer, this is bad. So stop it. Stop following up, emailing and calling the seller continuously. Slow down. Look at other businesses. One of the problems from a buyer’s point of view is that they may be imagining themselves as the owner. They start to get excited and REALLY want to buy the business NOW. This is called Buyer Fever and it’s a very dangerous illness. It can cost people hundreds of thousands of dollars in over-payments when it leads them to make bad deals and not do proper due-diligence.
If you’d like help to buy or sell a business, call me at (506) 381-8416 or visit www.HowToSellMyOwnBusiness.com or www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Do you live in Toronto or the Maritimes? I’ve got workshops coming up for Toronto in September on buying and selling businesses and in October-December in the Maritimes. Book now http://davidbarnett.eventbrite.ca If you’d like to learn how to create high returns by making local private lending deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts in September. Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/MeFAmvf6veE Learn more about Local Investing at http://www.InvestLocalBook.com or buy it at Amazon. Learn about the local investing academy at http://www.LocalInvestingCourse.com
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Why can’t a borrower offer the same collateral to many lenders? I got a question from a viewer in Prince Edward Island the other day. He had read my 2014 best-selling book, Invest Local, and had a question about preparing information for a lawyer in order to register security on a lending deal. Many people who are contemplating investing in a small business via making a secured loan often wonder how they can make sure the borrower isn’t offering the same collateral to more than one lender. I made this video to explain how registries work and give a brief history of how they came to be. Watch: https://youtu.be/MeFAmvf6veE The PPSR registries (or UCC registries) allow you to publicly record the fact that a certain piece of property has been pledged as loan collateral. They’re the most versatile registries because you can record a lien on almost any kind of property (outside of real estate.) The system is so straight forward that many local investors register their own security using online services. This is in contrast to real estate registries which are strictly the domain of attorneys because they are so complex and every jurisdiction is unique. I’ve done dozens of deals where I’ve registered myself, using a third party service provider, as a lender in a PPSA database. I’ve also done many lien-searches when investigating the purchase of used vehicles or equipment. It’s critical to learn how this works if you want to deal in lending or used equipment because a lender’s rights under a lien don’t go away if the property is sold. Simply put, if you buy an RV and there is an outstanding loan secured against it and the loan goes into default, the lender can still take it to satisfy the debt whether you bought it or not. If you’d like to learn how to create high returns by making local private lending and lease deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts in September. For a quick introduction, read Invest Local. It’s available from Amazon stores worldwide or as a .pdf here: https://gum.co/quoB Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Do you live in Toronto or the Maritimes? I’ve got workshops coming up for Toronto in September on buying and selling businesses and in October-December in the Maritimes. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/JUItDU5cn-E Get a copy of Franchise Warnings at http://www.franchisewarnings.com Learn to buy a business at http://www.businessbuyeradvantage.com
Ed asks, ‘What would David look for in a new franchise?’ Ed recently downloaded a copy of my 2015 Best-seller, Franchise Warnings from www.franchisewarnings.com He wrote me an e-mail saying that he was looking at franchises and enjoyed the book. He thought that the central theme of the book was ‘do your homework.’ It’s not. The book’s purpose was to dispel the myth that buying a franchise is less risky than starting a business from scratch. Watch the video here: https://youtu.be/JUItDU5cn-E Ed also asks what I would look for if I were buying a new franchise. Interesting question. My first idea is that I would want a fee based franchise over a royalty based one. It allows you to grow the business and keep more of the gravy for yourself. Secondly, I would need to ensure that the business systems were actually provided and worked well. I know of a two franchises who provide no operating manual and one where the systems are very poor. (I’m sure they’re not alone.) For my third item, watch the video ;) To learn more about buying a business, visit www.BusinessBuyerAdvantage.com If you’d like to learn how to create high returns by making local private lending and lease deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts at the end of September. For a quick introduction, read Invest Local. It’s available from Amazon stores worldwide or as a .pdf here: https://gum.co/quoB Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Do you live in Toronto or the Maritimes? I’ve got workshops coming up for Toronto in September on buying and selling businesses and in October-December in the Maritimes. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/aOFhyYjFoYc Learn to buy a business. http://www.BusinessBuyerAdvantage.com Learn to sell a business. http://www.HowToSellMyOwnBusiness.com Visit my blog and sign up. http://www.InvestLocalBook.com
What I see in the market for small businesses. Well, spoiler alert, there is no market for small businesses. I made this video to explain why. https://youtu.be/aOFhyYjFoYc You see for a ‘market’ to exist, you need many buyers, sellers and a product or commodity. For example, there is a market for 4-door used cars and a market for 3-bedroom homes in each town and city, but small businesses are very individual. They’re unique. Therefore, they each have their own market! In the video I give an example of the process engineer who will never buy the highly profitable flower shop. I used to see it all the time when I owned my business brokerage. As far as pricing goes, it doesn’t change much over time except if certain industries are perceived to be more or less risky. Business are valued on their cash flow and what the buyer is willing to pay is based on their perception of the risk that the cash will continue to flow into the future. There is one exception though. It’s an old story about market manipulation. I’ve seen first-hand that government programs meant to encourage immigrant investors are causing price bubbles in certain categories. Convenience stores, franchise food locations, Laundromats, gas stations. Anywhere someone with limited English can run a simple business and quickly learn enough words to make change and serve customers. I recently worked on a case where a newcomer was willing to overpay by 40%... because he was up against a time-limit and if he didn’t buy a business he would lose a $75,000 deposit that he had made to get into the country. Welcome to Canada, let us into your wallet. I bet he feels all warm and fuzzy about igloos, beavers and maple syrup. Just like in any market where politicians and civil servants decide to meddle, an artificial urgency has been created and business sellers are taking full advantage of these victims created by government policy. For a full education and help on buying a business, visit www.BusinessBuyerAdvantage.com To learn how I can help you sell your business yourself, visit www.HowToSellMyOwnBusiness.com If you’d like to learn how to create high returns by making local private lending and lease deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy starts in September. For a quick introduction, read Invest Local. It’s available from Amazon stores worldwide or as a .pdf here: https://gum.co/quoB Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com If you need my help with your project, give me a call at (506) 381-8416. Do you live in the Maritimes? I’ve got workshops coming up on buying and selling businesses in the fall. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/vTsIwe_If88 Learn more and sign up for my email list at http://www.davidcbarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Accountant Says, ‘You just need to put more money in.’ The truth about increasing equity when buying a small business. I have a client who is negotiating for a business which is overpriced. He’s demonstrated that the business will not cash flow for him after servicing debt and taking a reasonable salary for the value of his work. The seller’s accountant has said, ‘the buyer just needs to put in more of his own money.’ I made this video to show how that doesn’t make sense at all: https://youtu.be/vTsIwe_If88 It’s got a little math, but it’s not too difficult. The point of the matter is that equity (a business owner or buyer’s cash) actually demands a higher rate of return than debt. This is because it’s riskier. Lenders get paid first in the event of a liquidation. If you put in more of your own money, you actually need an EVEN HIGHER rate of return. Watch the video. For a full education and help on buying a business, visit www.BusinessBuyerAdvantage.com To learn how I can help you sell your business yourself, visit www.HowToSellMyOwnBusiness.com If you’d like to learn how to create high returns by making local private lending and lease deals, check out http://www.LocalInvestingCourse.com The Local Investing Academy enrollment is from September 26 to October 10 only. For a quick introduction, read Invest Local. It’s available from Amazon stores worldwide or as a .pdf here: https://gum.co/quoB Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com If you need my help with your project, give me a call at (506) 381-8416. Do you live in the Maritimes? I’ve got workshops coming up on buying and selling businesses in the fall. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/RXIlyXrGj5Y Enroll today at http://www.BusinessBuyerAdvantage.com Sign up for my email and learn more at http://www.DavidCBarnett.com
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Brandon wants to know how to build a team to buy a business. It’s a great question because this is a project one doesn’t do alone. There are lawyers, accountants, brokers, appraisers, etc. All kinds of people to help you get the job done.
The problem that I see, however, way too often is people who are hiring ‘experts’ without properly checking out whether they know their stuff or not.
In this week’s video I explain, for example, why not all accountants are up to the task of helping you buy a business. Watch and find out what I’m talking about.
Watch the video here: https://youtu.be/RXIlyXrGj5Y
My online course discusses team building at length. Learn more at www.BusinessBuyerAdvantage.com.
Teams are only one aspect of the complex task of buying a business. My comprehensive program has been used by hundreds of people and I have yet to meet a dissatisfied customer. There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee. You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me.
I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca .
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/zrKQWzxN58w Learn more about buying a business at http://www.BusinessBuyerAdvantage.com
Sign up for my e-mail list at http://www.InvestLocalBook.com
Call me at (506) 381-8416
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I received a question from one of my viewers in South Carolina. Ben has an opportunity to buy part of a business and wants to know what he needs to do to figure out what it’s worth. Splitting up businesses is a funny thing. Usually businesses want to combine to realize synergies. Think of two companies merging and eliminating some of the administrative staff. The result of the merger should be lower overheads as a percentage of sales. I made this video to discuss what happens when you start splitting things up: https://youtu.be/zrKQWzxN58w So if you buy part of a business and this leads to dis-synergies how do you figure out what a part of the business is worth? Well, all you can rely on is the sales figure. Start by taking the sales of the existing company for the department or product lines that you’re going to be acquiring, then build yourself a new income statement. Be prepared for a tough negotiation though, the parts may often be worth less than the whole and the sellers expectations may be very different from yours. For a full education and help on buying a business, visit www.BusinessBuyerAdvantage.com To learn how I can help you sell your business yourself, visit www.HowToSellMyOwnBusiness.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com If you need my help with your project, give me a call at (506) 381-8416. Do you live in the Maritimes? I’ve got workshops coming up on buying and selling businesses in the fall. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Get organized with http://www.EasySmallBizSystems.com Sign up for my email list and learn more at http://www.DavidCBarnett.com
Related Article I had the pleasure of speaking to a business owner in Toronto while I was away on vacation. It was just a brief consult done from a park bench in Brussels. He and the other owners had become aware of a competing firm that had been acquired by a larger company and wanted to try to do the same thing. The conversation centered around the best strategy… hiring an intermediary, hiring someone in-house to try to find a suitor, etc. During this time, my client made a little comment about how he and the other founders of the company were working almost 16 hours a day and how they found it impossible to hire people to help them out. I made this recording telling the story and how you can go about fixing it. Listen here (audio only on YouTube): https://youtu.be/9n68EuvNXfw Needless to say, it is quite difficult to convince someone to pay money to buy a business that needs this kind of management engagement. Proper businesses have structure, organization and everyone knows what they’re responsible for and what duties they need to get done. Without this, it’s impossible to grow and it sure does look scary for anyone looking at buying. The topic was very apropos as I’m in the middle of creating my latest workshop; Building a Business that Someone Will Want to Buy. It’s going to be presented on October 18 in Moncton, NB and will likely become an online course. To learn how I can help you sell your business yourself, visit www.HowToSellMyOwnBusiness.com For a full education and help on buying a business, visit www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com If you need my help with your project, give me a call at (506) 381-8416. Do you live in the Maritimes? I’ve got workshops coming up on buying and selling businesses in the fall. Book now http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/VuwdlTu3BEI Sign up for my email list at http://www.InvestLocalBook.com Learn how I can help you sell your business at http://www.HowToSellMyOwnBusiness.com
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Should you pay off your small business debt? A few weeks go I made a video and blog post about whether it made sense to pay off all your small business debts in order to prepare a business for sale. Watch the video here: https://youtu.be/pOJ3B1_K9L8 I promised to make another video discussing how paying off small business debt would affect the personal wealth of the owner. You see, most small business owners are debt-averse. They believe that debt is bad and that it makes sense to pay off debt to increase one’s net-worth. The reality though is that debt gives you leverage and small businesses are risky. Watch this week’s video to see how paying off small business debt actually reduces your rate of return and increases your risk! Watch it here: https://youtu.be/VuwdlTu3BEI If you think you would benefit from my help and guidance over the coming year to meet your business goals, you may wish to consider my 2017 mastermind. It’s for small business owners who want to improve their business or people who want to find and buy one. If you’re thinking of selling your small business and want a whole bunch of FREE information and advice, visit www.HowToSellMyOwnBusiness.com there are free videos, reports and access to my modestly priced books and online course on the process of selling a business. For help on buying a business, visit www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com My live events always fill up fast. Find all my live events here: http://davidbarnett.eventbrite.ca My November 30, 2016 Halifax workshop is being sponsored by CEED. You can register at www.CEED.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/A9KhBUfBhx4 http://www.HeerPasha.ca http://www.DavidCBarnett.ca
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I met Heer Pasha on LinkedIn and we had a fun exchange about why small businesses often fail. It soon developed into a list and so we’re happy to present: 12 Days of Christmas Small Business MIS-Management 1. Managing by cash and not seeing accruing liabilities 2. Not understanding cash flow 3. Not charting the workflow of their business function 4. Lack of attention to administrative tasks 5. Acting like a Princess or Prince… workers are not subjects 6. No job descriptions. Who is accountable for what? ….and 6 more that will make you shake your head, but you’ll have to watch the video here: https://youtu.be/A9KhBUfBhx4 The video is a little longer than my usual, but hey, what were you going to do after you open all your gifts anyways? Happy Holidays
Watch the video here: https://youtu.be/pOJ3B1_K9L8 http://www.investlocalbook.com http://www.HowToSellMyOwnBusiness.com
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A debt-free business is easier to sell; Right? I had an online exchange the other day with a guy on the west coast who believed that paying off his business debt was a key ingredient in preparing it for sale. WRONG. There are all kinds of problems with this thinking but this week I simply want to discuss it from the buyer’s point of view. (There will be another video in two weeks about how this thinking affects the seller’s wealth.) Does small business debt have an impact on the value of the company? Nope, just like your mortgage doesn’t have an impact on the value of your house. The value of a business is derived from its cash flow. Do you think they care if your business owes money? Well, this is a little more complicated. A buyer may actually care quite a lot and it may not be for the reasons that a seller thinks. I made this video to explain why some kinds of debt within a business may be very interesting for a potential buyer. Watch it here: https://youtu.be/pOJ3B1_K9L8 This business owner would certainly benefit from working with me to get his business ready for sale. I’ve got another mastermind group starting up for 2017. E-mail me if you’re interested in learning more. It’s for those who plan to buy, sell, or improve their business in 2017; dbarnett@alpatlantic.com Learn how I help people sell their business at www.HowtoSellMyOwnBusiness.com Learn how to buy a business. Visit www.BusinessBuyerAdvantage.com HALIFAX, NS: I’m coming on November 30, 2016. Find out more and register at www.CEED.ca Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/s9HkiHiiEB0 http://www.HowToSellMyOwnBusiness.com http://www.InvestLocalBook.com is my blog site where you can sign up to my weekly emails.
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Watch the video here: https://youtu.be/f3NPWgkYnLc Learn how to buy a business: http://www.BusinessBuyerAdvantage.com Learn more at http://www.DavidCBarnett.com
related article: Why don’t business owners just hire a manager when they want to retire? The other night I was in Halifax, NS doing one of my Business Buyer workshops. One gentleman was interested in buying a business that he could run with a manager and not be involved in full-time. He was concerned that most small businesses had to be owner-run and wondered why owners just didn’t hire managers when they wanted to step back into retirement. The reason… most small business owners aren’t capable. I made this video to explain; watch it here: https://youtu.be/Ts8ZB_PtBk8 I also explain how one of my very remarkable business buyers was able to manage several businesses while keeping a full-time job! If you think you would benefit from my help and guidance over the coming year to meet your business goals, you may wish to consider my 2017 mastermind. It’s for small business owners who want to improve their business or people who want to find and buy one. E-mail me for details. For help on buying a business, visit www.BusinessBuyerAdvantage.com Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com My live events always fill up fast. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/ck_AmnOIzDE Learn what's involved in selling your business with this online course. Visit http://www.HowToGetOutOfMyBusiness.com
Sign up for my email list and learn lots about buying and selling businesses at http://www.InvestLocalBook.com
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Stoopid Rules of Thumb. The Story of the 5X Accountant.
Yes, I know how to spell ‘stupid,’ please don’t e-mail me. I’m cranky and sore and upset. I’ve got a cold and an ear infection. What makes me more cranky and upset is when I hear the same poor advice about rules of thumb for pricing small businesses being passed around again and again and again. This week I tell the story of the old accountant who told me once in a workshop, ‘Businesses sell for 5 times their cash flow. Those with real estate sell, those without don’t.’ Simplistic rules of thumb like this one guarantee only one thing… mistakes are being made and it’s costing someone dearly. I explain why those with real estate sell, those without don’t in this video and the answer will make you sick to your stomach if you happen to be a business owner who could have fallen victim to this kind of advice. Watch it here: https://youtu.be/ck_AmnOIzDE If you own a business and will want to sell one day, you need to educate yourself about how this process works and give yourself time to get ready. Learn what’s involved in selling your small business. Take my 3 hour online course at www.HowToGetOutOfMyBusiness.com or buy my Amazon best-selling book; How To Sell My Own Business. Available from Amazon.com or Amazon.ca Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com I’m coming to Charlottetown, Prince Edward Island in January 2017. My live events always fill up fast. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/1EjKjSAd1F8 Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell your business: http://www.HowToSellMyOwnBusiness.com
Join my email list/ see my blog: http://www.InvestLocalBook.com
Related article: Should my Small Business have 100 or 1,000,000 Shares? How do Shares work? Over the last two weeks I’ve had two different clients who were somewhat confused about how shares work in a corporation. Both were small business owners. One owner was trying to pass the family business on to their children. They asked me how to ‘transfer their shares’ from the established corporation to the new corporations of their children. Hmmmm… The other client was a pair of entrepreneurs who wanted to bring on a third partner and have his investment go into the company. They weren’t sure how to accomplish this. I taught them how they could achieve their goals by splitting their existing shares and have the corporation issue new shares to the new partner. Not sure what I’m talking about? Learn how to use a corporation’s shares to make your deals in this video: https://youtu.be/1EjKjSAd1F8 Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it. If you would like to hear from me weekly before anyone else, you can sign yourself up at www.DavidCBarnett.com I’m coming to Charlottetown, Prince Edward Island in January 2017. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/wowZG3yFqLk Blog and email sign up: http://www.InvestLocalBook.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
Related Article: My first viewer question of 2017 is from Chris who plans to buy the construction company he currently works in. I still need more questions for my weekly e-mails so if there’s anything you’d like to ask, please put it in the comments or send me an e-mail. Chris and his boss have decided to wait until February to begin their discussions since this is when business will be slower and he and the owner will have more time. Chris is busy doing research about how he could improve the business after he is the owner. He wanted to ask what kinds of things he should be doing. Having lots of ideas about how you’re going to improve a business you’re going to buy is a great idea. I’ve often said that the future is the reason why you want to buy a business; to improve it and make it more valuable. There are certain dangers, however, in getting excited about a business that isn’t quite yours yet. Learn my concerns in this video I made: https://youtu.be/wowZG3yFqLk My biggest piece of advice for anyone who wants to buy a business is to learn how such deals are done. Many people think they know what to expect but after doing a few dozen transactions myself and advising on over a hundred more I can tell you that most people are unprepared. Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, I often question the seriousness of people who claim to want to buy a business who seem unwilling to invest a few hours into learning how to do it correctly. (The course works out to less than $20/hr.) You can see how my whole buyer system works in this video from last week: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Charlottetown, Prince Edward Island in January 2017 and Saint John, NB on March 1st. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/RZt7rOhLrWo http://www.DavidCBarnett.com http://www.BusinessBuyerAdvantage.com http://www.HowToSellMyOwnBusiness.com
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How many at-bats can you get with your banker? Better be prepared! This week’s question comes from Stephane who wants to know how best to prepare for speaking to a banker about a business acquisition loan. It’s much like everything else in life, there’s preparation, then lots of practice. This means studying your forecasts and the subject business and industry. Reading and learning lots. Maybe a speech to your cat on the topic. If you’re setting yourself up for life as a business owner, then you should have people around you to help ‘play banker’ and get you ready. If not, then a membership application to the Kiwanis, Rotary or another club may be in order. When it comes time to speak to your first banker though, many people haven’t thought of this preparation trick that I’ve used for years. I made a video to tell you all about it. Watch here: https://youtu.be/RZt7rOhLrWo Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, I often tease and poke fun at people who claim to want to buy a business who seem unwilling to invest a few hours into learning how to do it correctly. I mean, come on, seriously? (The course works out to less than $20/hr. and comes with a 30 day money-back guarantee!) You can see how my whole buyer system works in this video from two weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Charlottetown, Prince Edward Island in January 2017 and Saint John, NB on March 1st. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/WvLFlct227o http://www.DavidCBarnett.com http://www.BusinessBuyerAdvantage.com http://www.HowToSellMyOwnBusiness.com
Related Article: People know that relationships can come to an end. You need to protect yourself. Getting the right paperwork in place when you start a business partnership doesn’t have to be hard and it can help avoid some pretty awful headaches down the road. I’ve been getting a lot of work lately helping people navigate their way out of a partnership. I made this video to explain one of the most critical tools you want to have available if you get into business with someone else. Watch it here: https://youtu.be/WvLFlct227o Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, I often roll my eyes like a snooty teenage girl at people who claim to want to buy a business who seem unwilling to invest a few hours into learning how to do it correctly. I mean, come on; like seriously? (The course works out to about $20/hr. and comes with a 30 day money-back guarantee!) You can see how my whole buyer system works in this video from three weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Charlottetown, Prince Edward Island in January 2017 and Saint John, NB on March 1st. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/hjJUly_MLBQ Learn more about buying, selling and managing small businesses at my blog site. http://www.DavidCBarnett.com Learn to buy a business: http://www.BusinessBuyerAdvantage.com Learn to sell a business: http://www.HowToSellMyOwnBusiness.com
Here they are: 1. Know your gross margin and make sure it’s right. Too often small business people don’t know what their margin should be. This leads to a failure to increase prices when costs go up and a failure to build in all the costs of doing business. 2. Have a good record keeping system and reconcile quickly each month. Even if you know what your margins should be, if you’re waiting for your accountant to prepare financial statements months after your year-end, you’re too late. You need to be able to know for certain if you’re hitting your margins each month. If your business has a lot of inventory, this can mean counting inventory EVERY MONTH. Otherwise, you won’t know your cost of goods sold and you won’t know your margin. 3. Understanding the difference between debt and equity on your INCOME STATEMENT. Debt and equity are usually found on your balance sheet but they can also be hiding on your income statement. Hire a new worker and you need to pay them each and every hour whether or not they’re productive. It’s like borrowing from a bank, you need to pay them back. Commissioned salespeople only get paid when they produce. That’s like having a partner in the business without actually making them a partner. 4. Getting the most return with the least investment. It always amazes me how small business people will get themselves into debt to purchase vehicles, machinery, buildings, etc. Big businesses know that you deploy your capital where it gets the biggest rate of return and use leverage as much as possible. Leverage doesn’t have to be debt! When you lease property, you’re leveraging the landlord’s capital. When you rent a truck, you’re leveraging the rental company’s capital. If you can’t make money serving clients with leased and rented gear, what makes you think you can deliver those things yourself to your own business at a lower cost? 5. Understand your customer journey. Many small business people fail to appreciate the ‘journey’ their customers go through from the time they decide they need a product or service until the time they’re finished shopping. When I was a corporate employee, I didn’t eat at restaurants who wouldn’t accept AMEX. Why? Because my employer had given me an AMEX to pay expenses. If a fantastic restauranteur didn’t accept the card, it meant that I had to pay with my own money, submit an expense claim with receipts, mail it in, wait for weeks for a cheque to come in the mail, then stop by an ATM to deposit the cheque. Alternatively, a restaurant who took my AMEX didn’t cause me any grief. Too many chefs are worried about the food and forget that they may actually be selling relief from hunger and paperwork.
My biggest tip for success though in small business is not to start one. Get a profitable business with customers and staff on your first day by buying an already successful company. Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, it’s such a great value I may increase the price again shortly. (The course works out to about $20/hr. and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from four weeks ago: https://youtu.be/ooixMSaFf6Y
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. Find all my live events here: http://davidbarnett.eventbrite.ca Thanks and I’ll see you next time.
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Bruce and Sara want to know about whether I think its smarter to buy a new franchise or an old one and how this compares to a startup.
Wow, there is so much to cover on this topic that I wrote a book about it in 2015. Franchise Warnings is available as a .pdf at www.FranchiseWarnings.com or from Amazon.com or Amazon.ca.
The big message I try to get across to people is that starting a new franchise is just as risky as a new startup because you’re still relying on being able to draw customers away from established competitors.
Some franchisors like to say that the success rates of franchises are better than those of startups. For example: 90% of startups are closed within 5 years while far more franchises are still operating.
There are some big reasons why those franchises would still be operating even if they were losing money. I explore several of these in my book and a big one in this video: https://youtu.be/Fi6f2fknDR0
My advice though is always the same; buy something that already has sales and profits. This way there is no question that people will buy from the business... they already are.
Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course.
In fact, it’s so awesome that people all over the world buy it even if their local currency makes it seem expensive. (The course works out to about $20/hr. and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp.
I’m coming to Saint John, NB on March 1st, Moncton, NB on March 30 and Toronto on May 10. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info.
Thanks and I’ll see you next time.
Learn to buy a business the smart way. Take my 9 hour online self study program at http://www.businessbuyeradvantage.com
Learn to sell a business at http://www.HowToSellMyOwnBusiness.com
Related article: 27-Year-Old Want to Buy a Business from a Baby Boomer I received an e-mail from Vincent, a 27-year-old go-getter who wants to know what he needs to do to buy a business from a retiring baby boomer. Some of my advice isn’t very sexy… Live below your means and save money. Most first-time buyers need down payments and have to pay closing costs and this money almost always comes from savings. Build your credit. Learn to use credit wisely and qualify for larger and larger facilities personally. You may need to use the credit when you make your deal. Perhaps buy a house if it makes sense for you. Choose the right industry. You need to pick an industry with a many potential target companies. I’ve got these and a few more points in this video I recorded the other day. Watch it here: https://youtu.be/SAIiek5ZQz4 Most importantly though for Vincent, learn what you’re doing before you go looking for a deal! Learn how to buy a business at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, it’s such a great value that it really should be shipped in one of those Wal-Mart ‘Great Value’ packages. (The course works out to about $20/hr. and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Saint John, NB on March 1st. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca . The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit www.CEEED.ca for more info. Thanks and I’ll see you next time.
Sign up for the online course here: www.EasySmallBizSystems.com
Learn more about buying, selling and managing businesses here: http://www.DavidCBarnett.com
Related Article: Would people really want to pay money to buy the life of a busy entrepreneur?
Today I’m cleaning up from the second blizzard in five days. Canada is awesome.
I still wanted to take the time to write my weekly e-mail though because being stuck inside has give me the chance to do more work on my latest project.
You know, most small business owners spend all day working in their business managing staff and serving customers. They don’t get many chances for a break. If these people suddenly had to sell their business, do you think anyone would be willing to pay money for the privilege of being tied down to a business that required non-stop attention? I’ve seen it too many times.
You see, I've been helping people for years to sell their companies and oftentimes I need to work with them first to make it sellable. This usually means fixing broken business practices, implementing organizational structures, job descriptions and workflow management.
It’s impossible for a business to grow and for the owner to step away if the basic framework of the business as a money-making machine is not built.
That stuff sounds hard and time consuming, but it doesn't have to be.
Over the years I've actually developed a 13-step process to make it easy to systematize a business - even while continuing to manage the day-to-day operations.
It doesn't take a special consultant or a team of professionals. It just requires a plan.
Right now I’ve started recording the modules for my new online course called Build a Business That People Will Want To Buy. See the introduction module here: https://youtu.be/j2I7dhXp7eo
This program will be helpful to business owners and to new entrepreneurs starting up or those who wish to buy a business some day.
If you’re really looking forward to this information and you’d like to join me and others in a live session you can sign yourself up for my March 30th event in Moncton, NB here: https://www.eventbrite.ca/e/build-a-business-that-people-will-want-to-buy-live-moncton-nb-tickets-31835795722
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp.
I’m coming to Saint John, NB on March 1st and April 10 in Mississauga, ON. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit https://ceed.ca/calendar/ for more info.
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/mCTH7UmJfLw go to http://www.DavidCBarnett.com to sign up for my email list Visit http://www.BusinessBuyerAdvantage.com to enroll in my buyer's program.
Related article:
Sam wants to know what kind of online business I would choose to start. Easy answer since I’ve already started an online business.
I’d start one where I wrote and sold books and online courses. The reason: time leverage.
The problem, of course, is that I’ve been working on my online business for years and its only now starting to truly pay me the way I deserve.
There is an easier way to get into an online business and make money right away. I share it here in this video: https://youtu.be/mCTH7UmJfLw
Learn how to buy a business (online or real-world) at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course.
In fact, it’s so awesome that most of the people who enroll also sign up for my follow-up mentoring program to help them prepare to actually do a deal. (The course works out to about $20/hr. and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp.
I’m coming to Moncton, NB on March 30 and Toronto on May 10. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info.
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/YH8WzjkDU-A
Sign up for my mailing list and get these videos first here: http://www.DavidCBarnett.com Learn to better manage a small business here: http://www.EasySmallBizSystems.com
Related Article:
Eugene wants me to talk about how small business debt makes a business more volatile and if his assumption is correct. Great question… because it’s not.
Small business owners take on debt to do one thing, boost returns somehow. This has the effect of magnifying the returns on equity. All awesome!
Of course, if a money-losing business were to finance losses via debt, that would be just stupid.
Watch my video and learn how/when small businesses should have debt and find out who I see get into the most trouble, the most often. (and who’s to blame)
Watch the video here: https://youtu.be/YH8WzjkDU-A
Learn to get into business the lower-risk way at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course.
In fact, it’s so awesome that most of the people who enroll also sign up for my follow-up mentoring program to help them prepare to actually do a deal. (The course works out to about $20/hr. and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp.
I’m coming to Moncton, NB on March 30 and Toronto on May 10. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info.
Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/L-muWEy2Y1E Learn to buy a business at http://www.BusinessBuyerAdvantage.com Go to my blog and sign up for my emails at http://www.DavidCBarnett.com
Related article: I had a chat with a Chicago executive who was looking for an opportunity to buy a ‘good sized’ business with about $500K EBITDA. He was having troubles making a deal. It seems that every time he found a good business, someone else arrived on the scene to outbid him. What gives? Why do these other buyers seem to want to over-pay for these businesses? The problem is that at this revenue level, the financial buyer (person who wants an income and job) begins to run into the strategic buyers. In this case; the PIGS and the PEGS. These are the Private Investment Groups and Private Equity Groups. There is a reason they’re willing to pay more. They’ve got plans for these businesses. Learn what it is in this video I made. Watch the video here: https://youtu.be/L-muWEy2Y1E Learn more about how to buy businesses at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course. In fact, it’s so awesome that in the years since I’ve been doing the online course and the live workshop, not a single person has taken me up on my money-back guaranteee. (The course is a great value and yes, it comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Moncton, NB on March 30 and Toronto on May 10. Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca . The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info. Thanks and I’ll see you next time.
Watch the video here: https://youtu.be/8pVgc2u07pU http://www.BusinessBuyerAdvantage.com http://www.DavidCBarnett.com
Related Article:
Jolson wants to know how to convince a bank to make a loan for him to buy a business. The problem is that the seller has not been declaring all the revenue and the financials look awful.
What is a prospective buyer to do?
Great question… I love these kinds of sellers.
Why? Because they’ve made their businesses un-bankable by their tax-swindling ways.
The only way they’re going to be able to sell their business is if the financing is provided in a different way which can be great news if you’re a buyer.
Let’s face it, banks can be difficult and time-consuming to deal with. I always prefer to do a deal without them when I can. Learn more about what I mean in the video I recorded to respond to Jolson.
Watch the video here: https://youtu.be/8pVgc2u07pU Learn more about how to buy these types of businesses at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course.
In fact, it’s so awesome that most of the people who enroll also sign up for my follow-up mentoring program to help them prepare to actually do a deal. (The course is a great value and comes with a 30-day money-back guarantee!) You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail to receive my videos three days before they go public as well as other exclusive offers. Easy unsubscribe at any time as I use MailChimp. I’m coming to Moncton, NB on March 30 and Toronto on May 10.
Seats are already filling up. Find all my live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info.
Thanks and I’ll see you next time.
Watch this on YouTube here: https://youtu.be/Zzt7xznT7fU Sign up to my email list at http://www.DavidCBarnett.com Learn to buy a business at http://www.BusinessBuyerAdvantage.com
Related article: Greg sent me a great question; Once we have a price for the business, how do we break down that price among the different things being bought?
Great question. We call this the price allocation and it’s necessary to do when you buy or sell a business as an asset sale.
The way that you allocate the purchase price can have direct tax consequences for the selling entity at the time of sale... or for the buyer in the years to come after the purchase.
It’s often one of the facets of the negotiation that the buyer and seller don’t realize they need to get figured out sooner rather than later.
I’ve seen the price allocation cause delayed closings and has almost stopped a deal. Especially if it’s left until the last minute. Watch the video here: https://youtu.be/Zzt7xznT7fU
Learn more about price allocation and how to buy businesses at www.BusinessBuyerAdvantage.com where you can access tons of information and enroll in my online course.
Student satisfaction from my program is 100%. Everyone who’s taken it is happy. How do I know? It features a 30 day money-back guarantee which nobody has ever asked for. There’s no risk at all for you to enroll. You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me.
I’m coming to Toronto on May 10, 2017. Seats are already filling up. Find my current and future live events here: http://davidbarnett.eventbrite.ca .
The Centre for Entrepreneur Education and Development in Halifax will be having me do two workshops in Halifax, NS on April 10. Visit http://www.CEED.ca for more info.
Thanks and I’ll see you next time.
People are always worried about their personal information, especially when it comes to the details of a private business. Would it surprise you to know that buyers and sellers both have compelling reasons to safeguard the details of a small business for sale?
Watch the video: https://youtu.be/zWmIqcmR3sk
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★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
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The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Are there any kinds of businesses that produce more cash than others? I think there may be some.
Watch the video: https://youtu.be/9ZmVIYIid94
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★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
★Visit my blog www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list eepurl.com/XKdW1 ★Call and Talk to David about your project: www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Another great question: If a business broker is paid by the seller, how can a buyer trust his advice?
Watch the video: https://youtu.be/bJVlY9ywFvI
★★★★★ Sign up for my MailChimp e-mail list eepurl.com/brqqjb ★★★★
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
★Visit my blog www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list eepurl.com/XKdW1 ★Call and Talk to David about your project: www.clarity.fm/davidbarnett
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Another great question: What is the right level of vendor financing when buying or selling a small business?
Watch the video: https://youtu.be/sfcVeAacOSY
★★★★★ Sign up for my MailChimp e-mail list eepurl.com/brqqjb ★★★★
★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
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The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Another great question: Do Business Brokers add to the price of a business?
Watch the video: https://youtu.be/4pLusw2JR3Q
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★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
★Visit my blog www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list eepurl.com/XKdW1 ★60 Minute Telephone Consultation: www.paypal.com/cgi-bin/webscr?cm…_id=TARE3SYLYLJGY
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Robert asks: How do you form and manage a mastermind group?
Watch the video: https://youtu.be/Zj0Yn5YGD0A
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★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. gumroad.com/l/jgfa
★FREE 15 Business Finance Articles. gum.co/gCXjx/Free ★FREE How to find local investing deals audio book: gum.co/dEnAu/free
★Visit my blog www.InvestLocalBook.com ★Sign up for my MailChimp e-mail list eepurl.com/XKdW1 ★60 Minute Telephone Consultation: www.paypal.com/cgi-bin/webscr?cm…_id=TARE3SYLYLJGY
The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Brian asks: Is gold a way to secure my financial well-being?
Watch the video: https://youtu.be/-k2eZmkksZY
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★How to do Small Local Investing Deals from A-Z. All the tools you need to make loans and leases to people and small businesses in your community: www.LocalInvestingCourse.com ★Learn to buy a business with my full-day course done at your leisure!: www.BusinessBuyerAdvantage.com ★All three of my books in one Bundle: http://gum.co/dOntJ/20000 ★Buy my Book, Franchise Warnings. www.FranchiseWarnings.com ★Buy my Book, Invest Local. http://gumroad.com/l/quoB ★Buy my Book, Credit Card Advantage. http://gumroad.com/l/jgfa
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The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
Viewer Question: Rick asks: What would you do with $65,000?? I review the 'true' asset classes of the wealthy and go through an asset-allocation process to grow the money while protecting the capital. WARNING: your financial planner would not approve of this recording.
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The Invest Local Book blog is all about small business, local investing, home economics, franchises, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.
Please don't forget to subscribe to my YouTube channel so you don't miss any great content.
I answer Phil's question: Are business brokers valuations reliable.
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I discuss the difference between loans and leases when getting equipment in a small business. The pros and cons of each and why I prefer leases. Not a discussion about taxes.
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Why would a business want to lease a piece of equipment instead of borrowing money to buy it? For me the answer is quite simple, cash (capital) is scarce. When you lease instead of borrowing, you can usually get the equipment with a far lower or no down payment. Why? In a leasing arrangement the lease company retains title to the goods and can more easily repossess it if you default on your payments. Because they’re more ‘secure’ they are usually willing to extend more credit. A bank may have to go through a more difficult process to seize its collateral in a similar situation. Leasing companies may also have better expertise in the specific equipment that they finance. This means they are better able to manage losses. Again, another reason to extend more credit than a lender might. Another great reason why leasing makes sense is because it forces a business to recognize the cost of using the equipment as they are ‘using it up’ to generate cash flow. I’ve seen too many situations where people have bought equipment outright with no debt. Or, they made a big down payment and amortized the loan over a period greater than the useful life of the equipment. They end up using and retiring the equipment before they have finished paying for it! In the case where there is no debt, companies use their better cash flow position to undercut competitors and trick themselves into believing they are making a lot of money. What they’re actually doing is converting their invested capital in the equipment into cash without setting aside the money to replace the equipment! When it wears out they end up in trouble! I’ve seen this particularly in trucking businesses where people with no payment make lots of profit and live a great lifestyle but end up in trouble when that truck finally needs to be replaced. Leasing forces you to recognize the true capital cost of the equipment as you’re using it to make money. Sometimes you can even finance soft costs such as installation with leasing. Sometimes leases are only in the company name and don’t require a personal guarantee. This doesn’t happen with loans from the bank. With lots of advantages, leases sometimes do cost more than traditional loans but sometimes the terms are more important than the price. I’ve never heard of a lease getting ‘called,’ but it happens all the time with business loans and lines of credit.
A discussion about how to manage risk when buying a business or complex asset by using vendor take-back financing. Also, why vendors benefit from this type of setup.
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I tell the story of the sale of a money-losing pizzeria. I discuss how restaurants are often sold based on 'conversion value.'
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I tell the story of one of my clients when I was a business broker. He used credit cards to finance part of the purchase of a business and earned a ton of airline points while doing so. Learn more about local investing & small business at my blog. www.InvestLocalBook.com Sign up for my mailing list http://eepurl.com/brqqjb