https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 abou...
Jun 23, 2021•9 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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-succe...
Jun 16, 2021•10 min
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 hav...
Jun 14, 2021•35 min
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.Bus...
Jun 09, 2021•15 min
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 b...
Jun 07, 2021•49 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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...
Jun 02, 2021•6 min
This release is a secret. Marc is at www.NaturalBornCoaches.com We discuss wantrapreneurs, business cosplayers and douchepreneurs. Cheers
May 28, 2021•36 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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....
May 26, 2021•11 min
https://www.BusinessBuyerAdventure.com https://www.DavidCBarnettList.com https://www.CheerMeUp.ca 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
May 21, 2021•24 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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...
May 19, 2021•13 min
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
May 17, 2021•42 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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/eNMq77ZoiA...
May 12, 2021•7 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 wi...
May 04, 2021•13 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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://y...
Apr 28, 2021•13 min
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 Sign up for my email list at https://www.DavidCBarnettList.com https://www.BusinessBuyerAdvantage.com...
Apr 26, 2021•57 min
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
Apr 23, 2021•27 min
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 ...
Apr 23, 2021•49 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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...
Apr 21, 2021•12 min
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...
Apr 20, 2021•54 min
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 t...
Apr 16, 2021•54 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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-succe...
Apr 14, 2021•6 min
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...
Apr 12, 2021•42 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 expl...
Apr 07, 2021•27 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 vid...
Mar 31, 2021•16 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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, ...
Mar 24, 2021•11 min
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.DavidCBarnettL...
Mar 22, 2021•53 min
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/in...
Mar 19, 2021•36 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 ...
Mar 17, 2021•11 min
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...
Mar 15, 2021•21 min
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...
Mar 12, 2021•32 min
