David C Barnett Small Business and Deal Making M&A SMB - podcast cover

David C Barnett Small Business and Deal Making M&A SMB

David C Barnettwww.davidcbarnett.com
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

Episodes

3 Common traits of failing small business owners

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 ...

Nov 11, 202011 min

David buys life insurance and why it makes sense for other entrepreneurs with Mark Willis

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 entr...

Nov 04, 202040 min

Myths about small business #3. This week: taxes, customers, prices, operations, absentee owners

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! T...

Oct 28, 202031 min

Mid-Market Rollover Exit strategy discussed with attorney Trevor Crow potential dangers for sellers

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 disc...

Oct 21, 202022 min

Giuseppe Grammatico and I talk about franchise opportunities. Is it right for you?

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 sha...

Oct 14, 202035 min

Zoran Sarabaca Talks Brokerage Problems

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 ...

Oct 07, 202037 min

Myths about small business #2. More cliches about people, partners, masterminds, hiring and more.

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 video...

Sep 30, 202028 min

The Magic Of A Roll Up Strategy- How To Buy A Business

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 s...

Sep 23, 20207 min

JT Kraai Restoration Businesses Audio

Reach JT at [email protected] 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 ...

Sep 16, 202026 min

Myths about small business #1. How valid are cliches about business?

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 fu...

Sep 09, 202016 min

Investing In Small Businesses While Keeping Your Job. How To Buy A Business.

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 q...

Sep 02, 202012 min

Q2 2020 Ibba Report Audio

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 hap...

Aug 26, 202023 min

Should Business Owners Be Trying To Work Less And Less How To Manage A Small Business To Sell

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 owner...

Aug 19, 20204 min

Do Subscription Businesses With Recurring Billing Actually Sell For More

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 bough...

Aug 12, 20209 min

Rob's secret formula to selling a lot of businesses. How to sell a business.

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...

Aug 05, 20201 hr 3 min

Immigrant Investors- Things to consider when you're moving countries to buy a business

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 d...

Jul 29, 202011 min

I talk due-diligence of online assets with Brian Diener from Centurica.

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...

Jul 22, 202015 min

What can we learn by analyzing the data of the Business For Sale market? With Clinton Lee.

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 t...

Jul 15, 202046 min

What business owners/sellers should be thinking about retirement planning... with Justin Goodbread

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 w...

Jul 08, 202028 min

Spotting problems with franchises with Joel Libava- The Franchise King.

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 fr...

Jun 24, 202038 min

"Buy a Business for No Money" Guru Consumer Experience

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 ...

Jun 17, 202040 min

Shahara Wright. Texas Small Business Attorney on changing agreements during the Covid-19 Recession.

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 resul...

Jun 10, 202020 min

Using machinery for collateral when borrowing to buy a business - Buy a business with no money

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’l...

Jun 03, 202025 min

Managing collections and getting paid with Stephen King. Manage your SME.

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 ...

May 27, 202030 min

Riches in the niches- How to make lots of money without competitors noticing.

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 fe...

May 20, 20207 min

Richard Wilson Capital Raising

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 Related Article... 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. ...

May 13, 202024 min

Zombie Businesses, Zombie Capital, Dead Capital walking around- Business Valuation

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 ...

May 06, 20206 min

HC2019#10 Paul Sells The Landscape Maintenance Co

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

May 03, 20201 hr 21 min

HC2019#9 Jared Buys An Applicance Repair Biz

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

May 01, 202058 min
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