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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast ...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•Transcript available on Metacast 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•Transcript available on Metacast 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 info@alpatlantic.com
Jan 29, 2021•18 min•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast Sign up to get the Holiday Chat Tapes at https://www.DavidCBarnettList.com
Dec 28, 2020•7 min•Transcript available on Metacast 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•3 hr 37 min•Transcript available on Metacast 
