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 s...
Jan 19, 2022•15 min
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...
Jan 12, 2022•16 min
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
Jan 07, 2022•1 hr 15 min
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...
Jan 05, 2022•11 min
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, Ma...
Dec 29, 2021•11 min
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 ...
Dec 24, 2021•2 hr 11 min
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 v...
Dec 22, 2021•10 min
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 conscious...
Dec 17, 2021•46 min
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 ...
Dec 15, 2021•9 min
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 conversatio...
Dec 13, 2021•50 min
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 ...
Dec 10, 2021•33 min
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...
Dec 08, 2021•24 min
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....
Dec 01, 2021•12 min
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.c...
Nov 29, 2021•1 hr 1 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 ...
Nov 24, 2021•18 min
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/
Nov 22, 2021•56 min
What Might Your Business Be Worth w/ David Barnett - EP029 by David C Barnett
Nov 19, 2021•52 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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...
Nov 17, 2021•10 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 prof...
Nov 10, 2021•9 min
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 t...
Nov 05, 2021•50 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 proces...
Nov 03, 2021•19 min
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 ...
Oct 29, 2021•45 min
If you want to see the video with the websites Jarryd is demonstrating, find it here: https://youtu.be/BlMOO4F5epw https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 Li...
Oct 27, 2021•55 min
My local real estate investing club invites me to come and do a talk via zoom at their monthly get together.
Oct 23, 2021•1 hr 41 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 M...
Oct 20, 2021•39 min
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 tim...
Oct 15, 2021•44 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 tw...
Oct 13, 2021•11 min
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 ...
Oct 08, 2021•34 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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:...
Oct 06, 2021•13 min
https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... 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 alre...
Sep 29, 2021•13 min
