Its that time of year again. I hit the airwaves with my 5th annual Christmas Eve Special! This year, weve got all sorts of fun small business Elves stopping in to say hello. Mike Finger- Exit readiness coach and master of the ExitOasis.com blog site. https://exitoasis.com/ Rocky Lalvani- Fractional CFO to growing businesses everywhere and host of the Profit Answer Man podcast. https://profitcomesfirst.com/podcasts/ Neal Isaacs- Raleigh NC business broker and Host of the Raleigh Business Broker Y...
Dec 25, 2024•3 hr 29 min•Transcript available on Metacast ***New Video Alert! Do you have a problem with your chart of accounts? If your financial statements are not a regular part of your management decision-making process, its probably because they dont contain the information you need. The time to fix that is now, before you flip the calendar to 2025. I show you what to do in this weeks video Watch right here: https://youtu.be/oUUwXx9riRI Cheers See you over on YouTube David C Barnett
Dec 18, 2024•20 min•Transcript available on Metacast Essential CRMs to help small businesses get SALES!! New Livestream guest- Jon Ferrara, CEO of Nimble Im happy to have Jon join me on a live broadcast. He has decades of experience in sales, sales management and creating systems to make sales happen more effectively. Tune in and as well be discussing what kinds of features you really need in a customer relationship management system (CRM) and what features are promoted as important, but nobody really uses. This is a must see event for any busines...
Dec 16, 2024•43 min•Transcript available on Metacast Landlord Issues When Buying Or Selling A Business by David C Barnett
Dec 11, 2024•35 min•Transcript available on Metacast What the heck is Ethical Franchising? Why does this term need to exist? New Livestream guest- Giuseppe Grammatico Im happy to have Giuseppe back on the show to join me on a live broadcast. Giuseppe has been helping people choose the right new franchise opportunity for years. Tune in and as well be discussing Ethical Franchising. What the heck is it? Why does such a term need to exist? What does unethical franchising look like? This is a must see event for anyone who may consider getting into a f...
Dec 09, 2024•53 min•Transcript available on Metacast New- 2nd Edition of '21 Stupid Things People Do When Trying to Buy a Business' New- 'David C Barnett's Small Business and Deal Making Glossary' Available from Amazon https://www.DCBBookList.com or in pdf at https://www.DavidCBarnett.com
Dec 07, 2024•4 min•Transcript available on Metacast ***New Video Alert! The most common question I get How much do I need. This week, I break it down and show you a rule of thumb Ive shared with hundreds of clients over the years. Watch right here: https://youtu.be/RllPWOHB2yg Cheers See you over on YouTube David C Barnett #businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #downpayment #investment #equity #equityinjection
Dec 04, 2024•13 min•Transcript available on Metacast ***New Video Alert! How do most small business owners end up posting ads that dont sell their business? They make the most common mistake that I see repeatedly. They dont understand the difference between the selling price of a business and the value of its cash flow. In most cases, this is not the same number. Most business brokers are clueless about this. Watch right here: https://youtu.be/on4RmO0egMM Cheers See you over on YouTube David C Barnett #businessbroker #bizbroker #businessbrokers #s...
Nov 27, 2024•26 min•Transcript available on Metacast ***New Video Alert! Are you a business owner who plans to retire one day? Are you a financial or investment advisor? Watch and Ill show you the Achilles Heel of your plans and how to make them better. Most business owners who cant retire FAILED to spot this problem and their advisors were never informed enough to point it out. Watch right here: https://youtu.be/vNRvGircerk Cheers See you over on YouTube David C Barnett
Nov 20, 2024•23 min•Transcript available on Metacast Employee Ownership Trusts in Canada New Livestream guest- Jon Shell Im happy to have Jon join me on a live broadcast. Jon built a PE-backed rollup in the veterinarian space and now is the Chair at Social Capital Partners, a Toronto-based organization with the goal of helping more employed people enjoy the benefits of business ownership. Tune in and as well be discussing new rules in Canada regarding employee ownership trusts. This is a must see event for people that might want to sell their comp...
Nov 18, 2024•38 min•Transcript available on Metacast Book your Holiday Chat call now: https://calendly.com/dbarnett/2023-holiday-chatsecretcode Learn about the Black Friday deals... - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com
Nov 15, 2024•1 min•Transcript available on Metacast ***New Video Alert! Can you buy a business that requires a license when you dont have one? Maybe, depends on where you are. But there are pros and cons to these businesses and industries that people dont quite understand until theyre in the industry. This week, we discuss whether it makes sense to chase a licensed business and if its worth the hassle. Watch right here: https://youtu.be/DP6gFIYcj48 Cheers See you over on YouTube David C Barnett
Nov 13, 2024•26 min•Transcript available on Metacast ***New Video Alert! What if you cant find the business you like in your local area? Does it make sense to buy one in another city or state if you dont have the intention of moving? Ive known several investors who have pulled this off. This week, well look at the considerations you need to ponder before deciding to go and do this kind of deal. Youll see in todays video: https://youtu.be/l2pDy-CI3d0 Cheers See you over on YouTube David C Barnett
Nov 06, 2024•28 min•Transcript available on Metacast Spencer Raises MiLLION$$$ New Livestream guest- Spencer Hilligoss Im happy to have Spencer join me on a live broadcast. Hes been busy doing private real estate deals and hes raised millions of dollars via syndication deals. Tune in and as well be discussing how his business operates and what its like to attract and accept investor money. If you think youre just gonna get investors this episode is for you as well be discussing all the realities of being responsible for other peoples money. This i...
Nov 04, 2024•52 min•Transcript available on Metacast In this episode of The Profit Answer Man, David C. Barnett, a seasoned expert in buying and selling small businesses shares his insights into the world of business acquisition versus starting a new business. We dive into what makes a business "sell-ready" and explore how preparing your business for sale can improve not only its value but also its profitability and enjoyment. If you're considering growth, David offers invaluable advice on leveraging acquisitions as a path to expansion.
Nov 01, 2024•33 min•Transcript available on Metacast ***New Video Alert! Ive met hundreds of successful business owners over the years, and we sometimes talk about their investments. This week, I show you where they invest their money and why. Also- why the personal finance advice you get online likely would be very bad advice for you if you own a business or intend to buy one. Youll see in todays video: https://youtu.be/GlqCelWVNb0 Cheers See you over on YouTube David C Barnett
Oct 30, 2024•42 min•Transcript available on Metacast Live Financial Planning for Biz Owners New Livestream guest- Jennifer R. Lee Author, Founder of Modern-Wealth Im happy to have Jennifer R. Lee join me on a live broadcast. Jennifer R. Lee is a Florida Financial Planner. She works mainly with women going through divorce who are or are leaving entrepreneurs. Well be discussing all things financial planning, how she addresses this very specific client group and the particular concerns you might have if youre doing well in business and may be planni...
Oct 27, 2024•39 min•Transcript available on Metacast ***New Video Alert! Yes, you can buy a business quickly. In this weeks episode, I dive into a case study of someone who did just that and add my commentary about the lessons learned. Buckle up for this ride: https://youtu.be/uN8pZ5cCcic Cheers See you over on YouTube David C Barnett
Oct 23, 2024•53 min•Transcript available on Metacast New Livestream guest- Mani Ellefson, the Hands-off CEO Leader, podcast host and author. Im happy to have Mandi join me on a live broadcast. Shes built a business out of helping entrepreneurs get out of the day to day of operations and truly be free to work on their businesses. She hosts a podcast on the topic and is the author of The Hands-Off CEO which is a great book. Tune in and as well be discussing how to develop or hire an operations manager in your business. This is a must see event for a...
Oct 21, 2024•57 min•Transcript available on Metacast David gets invited to give feedback on a panel of small business owners around the topic of whether someone should buy their family furniture business. --Original Show notes--- This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group (https://www.trebuchetgroup.com/ ) . As you may remember, this is a virtual exercise where we offer a business owneror in this case a potential business ownerthe opportunity to pose a challenge he or she is f...
Oct 18, 2024•41 min•Transcript available on Metacast ***New Video Alert! What if a rich person just offered to buy you a business? What would you ask about to make sure the deal was likely to complete? Ill walk you through it in this weeks video: https://youtu.be/WX3MXtOF8RY Cheers See you over on YouTube David C Barnett
Oct 16, 2024•22 min•Transcript available on Metacast This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pd...
Oct 12, 2024•50 min•Transcript available on Metacast ***New Video Alert! Where are you spending your time watching for hazards to your business? Maybe pencil some time in your calendar for these areas people sometimes miss. Especially important for those not active day to day in their businesses!!! Ill walk you through it in this weeks video: https://youtu.be/tLGr5rCWfkY Cheers See you over on YouTube David C Barnett
Oct 09, 2024•27 min•Transcript available on Metacast This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pd...
Oct 04, 2024•1 hr 1 min•Transcript available on Metacast ***New Video Alert! What happens once you own a business. Just clear sailing and profits, right? NOPE- Youve got to have a continuous attitude about due-diligence in these 11 areas to keep from having to deal with out of control situations growing without your notice. Ill walk you through it in this weeks video: https://youtu.be/gKrf_lkY6NE Cheers See you over on YouTube David C Barnett
Oct 02, 2024•26 min•Transcript available on Metacast This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pd...
Sep 27, 2024•56 min•Transcript available on Metacast ***New Video Alert! This week- a question from a Canadian who wants to know how to do deals where he lives. But- even Americans should learn how non-SBA deals are done because they can be cheaper! Ill walk you through it in this weeks video: https://youtu.be/Pwa_EsrHl58 Cheers See you over on YouTube David C Barnett
Sep 25, 2024•28 min•Transcript available on Metacast Bits and Pieces of Leaders- The Fractional C-Suite Movement. New Livestream guests- *Devoreaux Walton MBA, CMO https://berevelant.com/ https://www.linkedin.com/in/devoreauxwalton/ *Jennifer Doherty MIRHR https://jsdhumanresources.ca/ https://www.linkedin.com/in/jsdhumanresources/ *Kevin Robinson, MBA, CPA F-CFO https://www.trajectory-cfo.com/ https://www.linkedin.com/in/kevin-robinson-mba-cpa-98895526/ *Mathew Kerbis, Fractional GC https://subscriptionattorney.com/ https://mathewkerbis.com/ http...
Sep 23, 2024•54 min•Transcript available on Metacast This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find Jonathan Bennett on Linkedin here: https://www.linkedin.com/in/bennettjonathan/ or at https://www.ClearlyThen.com Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Austra...
Sep 20, 2024•56 min•Transcript available on Metacast The great debate- Is there good small business content online? New Livestream guests- Mike Finger and Clinton Lee These two have been guests on my show before but never locked in heated debate! Clinton is a long-time consultant who helps leading UK entrepreneurs find the best fit business brokers to represent them in selling their businesses. Mike Finger is a multi-exit SMB survivor who coaches small business owners in the US on how to make their businesses more saleable. The discussion? Is ther...
Sep 16, 2024•59 min•Transcript available on Metacast 
