***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 Cheers See you over on YouTube David 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 Businesses In 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, i...
***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 Cheers See you over on YouTube David C Barnett
Neal Isaacs is a business broker in Raleigh. He hosts a YouTube channel at https://www.youtube.com/@RaleighBusinessBroker From the original show notes: Call Neal at (919) 621-1248 See done deals at https://bit.ly/3rjUNtB Get a complimentary valuation at https://bit.ly/45ZAHEg Timestamps: 0:00 Neal & David C. Barnett 00:17 Introduction to the Raleigh Business Broker Channel 02:52 The Transition from Business Broker to Consultant 09:58 The Reality of Business Acquisitions and Financing 21:25 Under...
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 mult...
Serious Small Business Market Intelligence. New Livestream guest- Nunzio Presta I’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 fr...
***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 Cheers See you over on YouTube David C Barnett
Does your small business need big B2B marketing? New Livestream guest- Sarah Noel-Block I’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 bein...
***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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David C Barnett
Getting Credit in your Business Name Without a Personal Guarantee New Livestream guest- Andrew Cervenka I’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 cr...
Learn more at https://www.BusinessBuyerAdvantage.com
***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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 v Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 discuss Watch this week’s video here: https://youtu.be/5ip8bIUwU08 Cheers See you over on YouTube David 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 t...
***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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 fo...
***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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David 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 Cheers See you over on YouTube David C Barnett
Jon Matzner and the Boomer Bummer SmallBiz! New Livestream guest- Jon Matzner I’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 pursu...
***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 Cheers See you over on YouTube David C Barnett
