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? W...
Mar 10, 2021•10 min
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: h...
Mar 08, 2021•57 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 th...
Mar 03, 2021•14 min
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.BusinessBuyerAdven...
Mar 03, 2021•28 min
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/SLC0...
Feb 24, 2021•9 min
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.
Feb 22, 2021•39 min
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 ...
Feb 17, 2021•9 min
https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com Related article... 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 busin...
Feb 09, 2021•9 min
...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....
Feb 08, 2021•38 min
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 fi...
Feb 03, 2021•19 min
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 [email protected]
Jan 29, 2021•18 min
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...
Jan 27, 2021•12 min
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....
Jan 20, 2021•18 min
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 weight loss
Jan 18, 2021•15 min
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 ...
Jan 13, 2021•18 min
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 loa...
Jan 06, 2021•7 min
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 a...
Dec 30, 2020•5 min
Sign up to get the Holiday Chat Tapes at https://www.DavidCBarnettList.com
Dec 28, 2020•7 min
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/ Hen...
Dec 24, 2020•2 hr 37 min
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 reduce...
Dec 23, 2020•7 min
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
Dec 21, 2020•23 min
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 alre...
Dec 16, 2020•15 min
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 small biz small business ...
Dec 14, 2020•17 min
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 ...
Dec 09, 2020•24 min
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
Dec 07, 2020•22 min
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 ...
Dec 02, 2020•14 min
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/ Sign up for David's email list: https://www.DavidCBarnettList.com 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
Nov 30, 2020•2 sec
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! Sign up for David's email list: https://www.DavidCBarnettList.com My interview with Jeffrey Tucker, author of Lockdown or Liberty: https://youtu.be/Mnn7Ob5eqbc 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...
Nov 30, 2020•20 min
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: ...
Nov 25, 2020•16 min
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 de...
Nov 18, 2020•19 min
