Find Justin at https://www.FinanciallySimple.com Learn to sell your own small business at https://www.HowToSellMyOwnBusiness.com Get on my list over at https://www.DavidCBarnett.com Related Article: Retirement Planning for Business Owners Justin has owned and sold several businesses of his own and now helps business owners get ready to retire. It’s not anything like what happens for employees. How do you build a retirement plan around the fact that so few businesses are actually sold? It means w...
Jul 08, 2020•28 min•Transcript available on Metacast Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get my Franchise Book, Franchise Warnings in my Amazon Store: https://www.Amazon.com/shop/davidbarnett Joel's website: https://www.thefranchiseking.com/ Related Article: Spotting Franchise Trouble Joel Libava is known as The Franchise King. How did he earn such a moniker? It’s because of his years ‘in the trenches’ of the franchise industry. This week’s interview was inspired by a YouTube comment asking ‘Dave, how do we tell if a fr...
Jun 24, 2020•38 min•Transcript available on Metacast Learn more about buying a business for No money here: http://www.investlocalbook.com/p/buy-business-with-no-money.html Learn to buy a business the right way at https://www.BusinessBuyerAdvantage.com Related Article: The pitfalls of Zero Down get rich quick schemes. Wouldn’t it be great to be able to get a successful business for FREE? Zero-Down Business Buying Guru Carl Allen tried to get onto my YouTube channel. I asked to go through his program first to make sure I liked it. He REFUSED. So, I ...
Jun 17, 2020•40 min•Transcript available on Metacast https://www.thewrightlawyer.com/ https://www.BusinessBuyerAdvantage.com https://www.DavidCBarnett.com Related Article: Bust a deal, face the Wheel! Remember that Mad Max film; Beyond Thunderdome? It may be feeling like the end of the world out there but if who parties need to bust a deal, they still don’t have to face the wheel. This week, I interview Texas small business attorney Shahara Wright about the considerations we need to take when altering a contract. This is happening a lot as a resul...
Jun 10, 2020•20 min•Transcript available on Metacast Learn to buy a business: https://www.BusinessBuyerAdvantage.com See the appraisal site yourself at https://www.BusinessAndAssetValues.com Sign up for my email list and learn more at https://www.DavidCBarnett.com Related Article --------- Using machinery for collateral when borrowing to buy a business. Some people online say it’s easy to use a business’ equipment and other assets to borrow to fund an acquisition. Is this really true? This week I explain the different definitions of value and we’l...
Jun 03, 2020•25 min•Transcript available on Metacast Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get better organized with business systems at https://www.EasySmallBizSystems.com Don't forget to join my email list over at the blog https://www.DavidCBarnett.com Related Article: The cheque is in the mail… Today I’m joined by Stephen King from https://www.growthforce.com/ Stephen has a varied background in business and accounting and works with SMEs on providing services and information to help them run a better business. Today ...
May 27, 2020•30 min•Transcript available on Metacast Improve the systems in any business https://www.EasySmallBizSystems.com Learn to buy a business https://www.BusinessBuyerAdvantage.com Related Article: Riches in the Niches… What’s the difference between a product niche and a market niche? In this video, I explain how not all highly specialized niches are attractive and what to look for if you’re trying to make boatloads of money while dodging competitors. Also, it’s the last video that I made before the barbers closed. All future videos will fe...
May 20, 2020•7 min•Transcript available on Metacast Find Richard at https://www.FamilyOffices.com Learn about the Business Buyer Adventure group program at https://www.BusinessBuyerAdventure.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my list at https://www.DavidCBarnettList.com Related Article... The real ‘Rich Uncle Albert’ Maybe you’ve heard this story before. A business buyer doesn’t have enough cash to do a deal on a great acquisition opportunity and so he needs to go and ask Rich Uncle Albert for help. ...
May 13, 2020•24 min•Transcript available on Metacast Learn to buy a business at https://www.BusinessBuyerAdvantage.com Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Join my email list and never miss a video at https://www.DavidCBarnettList.com Find more cool stuff on my blog at https://www.DavidCBarnett.com Related Article Zombies coming out of your financial analysis… Any good business buyer will spend time analyzing the financials of the business they are considering. What happens when the cash flow produced by the business ...
May 06, 2020•6 min•Transcript available on Metacast Last but not least- Business Broker Paul gives us a real life description of his efforts to sell a landscape maintenance company. https://www.BusinessBuyerAdvantage.com https://www.BizPlanSchool.com
May 03, 2020•1 hr 21 min•Transcript available on Metacast Jared lives out David’s predictions as though it was a screenplay. Holiday Chat#9 I’ve said a million times- If the seller is asking too much, he’ll scare off buyers and the business will eventually decline. It happened just like that for Jared who benefited by being the buyer of last resort and getting a good deal on this appliance repair business. Cheers https://www.BusinessBuyerAdvantage.com David C Barnett
May 01, 2020•58 min•Transcript available on Metacast Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Join my email list at www.DavidCBarnettList.com Find Marco online here: https://www.marcorobert.com Related article: Check your ego at the door… The market has changed for many businesses and some are in dire straights! I met up with business turnaround coach Marco Robert to discuss the issues most commonly faced in troubled businesses and how this compares with the Covid-19 crisis. What’s interesting is that the solution to s...
Apr 29, 2020•35 min•Transcript available on Metacast Shane seeks a retirement-motivated seller… in the future. Holiday Chat#8 As always, whenever I use the words ‘in the future’ you should image that I am talking like Doc Brown from Back to the Future. Shane wants to work in a business where he can orchestrate a buyout over time. How does he do this without jeopardizing his current job? Cheers https://www.BusinessBuyerAdvantage.com
Apr 26, 2020•59 min•Transcript available on Metacast Operating an online business under the nose of El Presidente Holiday Chat#7 Shane lives and works in Central America to help local people with his missionary work. How does he afford the materials to support his purposeful lifestyle? An online business. And he wants to buy more… Cheers https://www.BusinessBuyerAdvantage.com David C Barnett
Apr 24, 2020•53 min•Transcript available on Metacast Terry's website: https://innovativeba.com/davidcbarnett/ Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn to sell a business: https://www.HowToSellMyOwnBusiness.com Learn more and join my email list at https://www.DavidCBarnett.com Related Article below... ----------------- You bought/sold the business. Now how to tell the employees… Terry Lammers is a business coach, consultant and business broker. What makes Terry such a great guest is that in his past he’s also led a fami...
Apr 22, 2020•27 min•Transcript available on Metacast Holiday Chat#6 How can we buy a business with no money? We can buy it bit by bit over time by demonstrating that we’re capable. But there are certain considerations to follow in an earn out purchase. Like, what happens if the deal falls apart halfway through?!? Take a listen on YouTube or Soundcloud Cheers https://www.BusinessBuyerAdvantage.com
Apr 19, 2020•53 min•Transcript available on Metacast Holiday Chat#5 Mitch wants more control over his schedule and more money to secure his retirement. What’s the problem with so many business owners? Where do the opportunities come? We get into a great discussion about technicians vs. entrepreneurs. Cheers https://www.BusinessBuyerAdvantage.com
Apr 17, 2020•57 min•Transcript available on Metacast Enroll in Business Buyer Advantage at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at www.DavidCBarnett.com Thanks
Apr 16, 2020•2 min•Transcript available on Metacast Learn to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at my blog https://www.DavidCBarnett.com Related Article: Now many nails in that hardware store? What do we do about inventory? I received a great question from Anton about the value of the inventory when you buy a business… Do we add it to the cash flow multiplier or is it included in that number? Great question because if you get this wrong the number used for the transaction...
Apr 15, 2020•7 min•Transcript available on Metacast Holiday Chat#4 features Ali in the North of England. When you notice things aren’t being done well, you fix it! Right? Ali wants to create a better business and commercial property brokerage model to be a franchise in the UK. What does David think of this idea? Listen and find out. Take a listen on YouTube or Soundcloud. Cheers https://www.BusinessBuyerAdvantage.com
Apr 12, 2020•48 min•Transcript available on Metacast Holiday Chat#3 features Greg and Marina. Is there too much fun, sun and nice weather on the beautiful shores of the Mediterranean? I guess so. Greg and Marina have just arrived from Israel to begin their new lives in Canada and want David’s advice about getting into business in a new land. Just in time for winter. Brrrr! Take a listen on YouTube or Soundcloud. Cheers https://www.BusinessBuyerAdvantage.com
Apr 10, 2020•46 min•Transcript available on Metacast If you're struggling to figure out how to manage the cash coming in and out of your business because of the Covid-19 recession, please download this simplified tool here: https://gumroad.com/l/CrisisCashFlow Please like and share to anyone who may be in need. For a full-featured cash flow and business writing program that integrates future financial statements and how to use the cash flow and financials to write a business plan, visit https://www.BizPlanSchool.com
Apr 09, 2020•17 min•Transcript available on Metacast Learn how to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com Learn more and join my email list at https://www.DavidCBarnett.com Related article: Bounce Bounce Bounce… You don’t have to be Tigger to enjoy bouncing up and down all the time. This week, I’m releasing a video that was a response to Lars question- What do you think of trampoline parks? Obviously, most are closed right now because of covid-19. Some may be coming on the market soon and as entertainment busin...
Apr 08, 2020•6 min•Transcript available on Metacast Holiday Chat#2 features Tim. He’s started, bought and sold businesses and has also been a Business Buyer Advantage student! Tim’s been saving money and is wondering if he’s got the resources to buy a business that’s big enough to sustain him and his lifestyle.
Apr 05, 2020•56 min•Transcript available on Metacast Holiday Chat#1 features Marc from New Jersey. He’s a go-getting nurse who’s started a business with a partner doing CPR training. Now the two entrepreneurs want to expand their interests by looking at buying existing businesses that are related to health to leverage their professional knowledge.
Apr 03, 2020•1 hr 13 min•Transcript available on Metacast Join the adventure group: https://www.BusinessBuyerAdventure.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my email list: https://www.DavidCBarnettList.com Related Article: Hi, I made this week’s update video to cover several points: I’m ok from the surgery Friday What the people in the Adventure group are doing as a result of Covid-19 I’ve put a new Covid-19 module into Business Buyer Advantage. I’m going to release the Holiday Chat 2019 calls on the public YouTube ch...
Apr 01, 2020•6 min•Transcript available on Metacast Find Kenny at https://www.bardwellcreative.com Learn to buy a business even in a recession at https://www.BusinessBuyerAdvantage.com Using UCC article 9 to wipe debts away This week’s interview is going to be valuable for American business owners and business buyers. I interview debt-workout expert Kenny Butler from Bardwell Creative. He helps businesses deal with burdensome debt and today he’s going to explain to us two things: 1. The evils of Merchant Cash Advances 2. How a business with too m...
Mar 25, 2020•49 min•Transcript available on Metacast #1 For business owners who are trying to figure out how to survive this general disruption- I’m inviting long time business broker, engineer and leadership consultant Paul Hindelang on to do a review of what business owners should be considering in their response to these events. Watch it here: https://youtu.be/oWQtVw_vD00 #2 For people looking to buy or sell a business in the next year, I’ll be doing a solo stream to discuss what I expect will happen as far as acquisition financing in the near ...
Mar 18, 2020•2 min•Transcript available on Metacast Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn about my group program at: https://www.BusinessBuyerAdventure.com Join my list at https://www.DavidCBarnettList.com Related Article: Will Alchemy cure all ills? Long before I had even heard of the Coronavirus, I met with Alchemist Entrepreneur Dov Gordon. I had interviewed Dov earlier as an expert guest in the Business Buyer Adventure Group coaching program. That recording was released to members for March. There is a new expe...
Mar 18, 2020•32 min•Transcript available on Metacast Learn to Buy a Business: https://www.BusinessBuyerAdvantage.com Sign up for my emails: https://www.DavidCBarnettList.com Visit my blog: https://www.DavidCBarnett.com Related Article: --------------------------- If the government isn’t giving out any more licenses, does that mean fat profits? Sometimes you need a special license for a type of business. AND- there are a limited number of them available. How do you put a price on this special right given by the Prince? Does a special government lic...
Mar 09, 2020•10 min•Transcript available on Metacast