Is it your muscle, or your mind? If you own a small business in the building trades you better be ready to use both. In this show we get introduced to Jeff, who owns a small tile business. Jeff knows that his time doing the work is limited. So how does he change and grow the business before his knees give out? Subscribe to Your Exit Squad video at https://YourExitSquad.com Audio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be ...
May 12, 2023•52 min•Transcript available on Metacast How the buyer/seller/broker interaction really should go So, you inquire about a business for sale and then are asked for an NDA. Once you sign, they send over the information package. Thats how it goes right? No, not with brokers who know what theyre doing Watch here now: https://youtu.be/HiM4HfwVnQE Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can b...
May 10, 2023•20 min•Transcript available on Metacast What are two ways you can successfully exit a small business? You can run it absentee, or you can sell it, or maybe youll need to do both? Our guests today tell their story of building and exiting a coffee shop business, first by setting it up to run independently, and then by selling it. Subscribe to Your Exit Squad video at https://YourExitSquad.com Audio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://You...
May 05, 2023•1 hr 10 min•Transcript available on Metacast The making of Your Exit Squad. What's it about and what to expect. Subscribe to Your Exit Squad video at https://YourExitSquad.com Audio feed at https://anchor.fm/YourExitSquad RSS at: https://anchor.fm/s/d91595e4/podcast/rss Business owners, apply to be a guest at https://YourExitSquadGuests.com Business service professionals, apply to be a Your Exit Squad Partner at https://YourExitSquadPartners.com Notes: Learn more about David: https://www.DavidCBarnett.com Learn more about Mike: https://www...
May 05, 2023•35 min•Transcript available on Metacast Spotify https://open.spotify.com/show/0IXJd3NPWHwZM1hZuIyBqv Apple https://podcasts.apple.com/ca/podcast/david-c-barnett-small-business-and-deal-making-m-a-smb/id1234025671 Amazon https://www.amazon.com/David-Barnett-Small-Business-Making/dp/B08K58H3XW Stitcher https://www.stitcher.com/show/david-c-barnett-small-business-deal-making Soundcloud https://soundcloud.com/dbarnettmoncton Cheers David C Barnett
May 05, 2023•3 min•Transcript available on Metacast Jon found this war-time list and I wanted to share it with you because these bad actors will find their way into your business one day. You need to spot the behaviours and stop them fast. Watch here now: https://youtu.be/H-KRc8x5iTA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett S...
May 03, 2023•22 min•Transcript available on Metacast New Livestream guest- Kelly Nelson from TCI Business Capital Im happy to have Kelly join me on a live broadcast. He has over a decade of experience helping companies with operating capital solutions to get money in the door more quickly. Tune in and as well be discussing factoring of accounts receivables. What is it? How does it work? Are the things youve heard true? Who will it work for? This is a must see event for any business that waits to get paid from other businesses. Email Kelly at knels...
May 01, 2023•52 min•Transcript available on Metacast I was a guest on the empire flippers podcast. Original shownotes here: https://empireflippers.com/buying-a-small-business-tips/
Apr 28, 2023•59 min•Transcript available on Metacast Tips for buying a business in the face of a recession. Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Rebecca wants to know if its a good idea to buy when a recession is likely here. It all depends on what you know how to operate. It all depends on the information you have available to run the business. And.. you need to avoid this trap. Watch here now: https://youtu.be/yz4K29zOPxk Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at ...
Apr 26, 2023•16 min•Transcript available on Metacast New Livestream guest- Stacey Brown Randall Im happy to have Stacey join me on a live broadcast. Shes made all the common mistakes in business and now works to help make sure youre maximizing your referral opportunities via having the right systems. Tune in and as well be discussing how you can start taking a systems approach to generating referrals from happy clients. This is a must see event for anyone who owns a business or will one day, in particular those who sell highly priced products or s...
Apr 24, 2023•50 min•Transcript available on Metacast Buying a company isn't just about the numbers on the balance sheet; it's about uncovering the hidden gems and potential pitfalls that can make or break a deal. In this episode, three-time best-selling author and entrepreneur David Barnett talks about buying, merging, and acquiring companies. David shares his expertise on the intricate process of acquiring a business, including the tea leaves and surprises that could come along the way. He shares what the ultimate expression of a well-planned bus...
Apr 21, 2023•57 min•Transcript available on Metacast When/how should we use a tool like Phantom Stock in running a business. Should the employees get excited about it or not? Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Erica wants to know about Phantom Shares. Is this something to be excited about or is it just a scam to get employees excited? Today, I discuss the pros and cons of these programs and why a business owner may want to consider it over the alternative. Watch here now: https://youtu.be/xfNjnJ9D5YE Learn how to ...
Apr 19, 2023•11 min•Transcript available on Metacast New Livestream guest- Jaryd Krause Im happy to have Jaryd join me on a live broadcast. Jaryd has been investing in online businesses and teaching others how to find, buy and renovate online businesses for years. Hes the host of the Buying Online Businesses Podcast and we first met when he came on my show in 2019!! Tune in and as well be discussing how the world of online businesses is changing in 2023 and what to watch out for if youre considering one of these businesses. This is a must see even...
Apr 17, 2023•59 min•Transcript available on Metacast Does it make sense to get into business ASAP or to build your reserves first? The 10-year question Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Johnathan has a small amount of money. Should he use it all to buy a starter business and hope to learn along the way? Or- does it make sense to gain experience and build up his money in a corporate job and buy a bigger business later? The root of the question is actually missing the context that drives most buyers. Lets expand an...
Apr 12, 2023•16 min•Transcript available on Metacast Take just one minute to visit https://www.DCBsurvey.com and fill in the questions. You could win consulting calls, online courses, a battery bank or a coaching program with David.
Apr 10, 2023•5 min•Transcript available on Metacast If it will take months to start getting paid, how can he survive as the new owner? Please fill in the viewer survey for 2023: https://www.DCBsurvey.com Customers who pay in advance are essentially financing a business. Its like a loan. The problem is, how/when do you recognize the earning of that money. Its important if youre taking over some of these contracts part way through the year. Watch here now: https://youtu.be/ta0gOH_uElQ Learn how to buy a business at https://www.BusinessBuyerAdvantag...
Apr 05, 2023•13 min•Transcript available on Metacast New Livestream guest- Kenny Butler Find Ken's Program here: https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Im happy to have Kenny join me on a live broadcast. Ken has been helping clients negotiate their way out of bone-crushing business debts for years. Tune in and as well be discussing how to negotiate a settlement for high-interest business debts without the need to go to court. Kenny has been a guest of the channel before in which he discussed how he ...
Apr 03, 2023•54 min•Transcript available on Metacast New Livestream guest- Elliott Holland Im happy to have Elliott join me on a live broadcast. Elliott owns a business called Guardian Due Diligence that does due-diligence investigations on target companies. Find them online at https://www.guardianduediligence.com/ Elliott is on Twitter at https://twitter.com/ElliottEHolland Tune in and as well be discussing Quality of Earnings reports and other due-diligence stuff. This is a must see event for anyone who wants to buy a business, especially a mid-...
Mar 31, 2023•1 hr 14 min•Transcript available on Metacast Getting a qualified buyer to respond to a listing requires some planning and facts that align Carl is asking me for help in finding qualified buyers for his listings. What does a qualified buyer look like? Someone who can operate the business, likes the business, has money to buy the business, good credit scores and will impress the seller. What might be scaring these people away? Lets address this today. Watch here now: https://youtu.be/YT-iZ1x3VP0 Learn how to buy a business at https://www.Bus...
Mar 29, 2023•17 min•Transcript available on Metacast New Livestream guest- Joel Ankney Find Joel on Linkedin at: https://www.linkedin.com/in/joelankney/ Website: https://www.JoelAnkney.com **** Please fill in the Viewer survey at http://www.DCBsurvey.com Im happy to have Joel join me on a live broadcast. Joel is an experienced small business attorney and author of Heres the Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business. I read the book, its good. Find it online at https://www.amazon.com/shop/davidbarnett So good, ...
Mar 27, 2023•51 min•Transcript available on Metacast Understanding how much a bank will lend.and why it really doesnt matter. This week, a question about how much money you can borrow to buy a business. I dont say how much. Instead, I show you the process on how to understand it and why even that doesnt really matter in the end. What is important? Tune in and Ill tell you Watch here now: https://youtu.be/F1tMPYzmpAA Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me...
Mar 22, 2023•11 min•Transcript available on Metacast New Livestream guest- Clint Fiore, principal of Bison Business. Im happy to have Clint join me on a live broadcast. Clint has 8 years of experience as a business broker in Texas. Tune in and as well be discussing how higher interest rates are affecting deals that hes facilitating and what sellers may be feeling in response to this new pressure. This is a must see event for buyers and sellers of small businesses. Be sure to join live so that you can ask questions, replay will be available. Find C...
Mar 17, 2023•55 min•Transcript available on Metacast The investigation you know will likely FAIL! This week, I answer a question about how to do due diligence when buying a small business. I answer, then tell you why it likely wont be a success and what smart buyers do about that. Watch here now: https://youtu.be/CaudTeAkWWQ Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: https://www.twitter.com/dbarnettmoncton Books can be found in my Amazon store: h...
Mar 15, 2023•22 min•Transcript available on Metacast Buying a distressed business. Is there a way to make this work? There might be, if you find just the right kind of distressed business or a seller who knows theyll end up responsible for part of the debt. Watch here now: https://youtu.be/CaudTeAkWWQ If youre a small business owner struggling with short-term and high-cost debts, check out this debt-relief program from Bardwell Creative. It can help you deal with the lenders without going to court. https://courses.bardwellcreative.com/courses/busi...
Mar 08, 2023•16 min•Transcript available on Metacast Invest in a Small Business and limit your liability. Can you invest in a small business the way you can buy shares in Coca-Cola? Abdulla wants to learn how he and others can invest in a small business and not be personally liable for any bank loans. Lets check out the options and see if we can figure this out and what to watch out for as an investor. Watch here now: https://youtu.be/gklt39rL95k Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://w...
Mar 01, 2023•21 min•Transcript available on Metacast A wonderfully popular past guest is coming back Lisa Forrest, Director of SearchFund Lending at Live Oak Bank. Im happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administrations (SBA) loan programs. What is changing in 2023? Interest rates, seller expectations and more. What about the experience of many searchers post-closing? Well ask Lisa. This is a must see event for anyone who is buying a business in the U...
Feb 24, 2023•59 min•Transcript available on Metacast Comparing Small Businesses by the numbers. I get a lot of questions from analytical folks who want to understand the best target numbers to look for when analyzing small businesses. Especially when comparing several opportunities. In this episode, Ill give you the method I teach for determining which business to pursue. Watch here now: https://youtu.be/hcJZVDkDdTM Learn how to make accurate cash flow forecasts here: https://www.BizPlanSchool.com Learn how to buy a business at https://www.Busines...
Feb 22, 2023•14 min•Transcript available on Metacast Davids LinkedIn Hacks. A recent event showed me how many businesspeople are not online. So, why then should you spend time trying to build a network on LinkedIn? In this weeks video, Ill explain how I benefit from LinkedIn and why the size of your network is paramount to success. Im also going to share my tactics that get my requests accepted. Watch here now: https://youtu.be/l-eILU6jt0E Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.Call...
Feb 15, 2023•27 min•Transcript available on Metacast How big a business should Luke buy? If he gathers all his money together, Luke says he can buy a business up to $10M. Should he? In this video, I lay out the considerations that you should be thinking about when you decide how big a business to pursue. Again, much of the consideration depends on what you plan to do after the transaction. And- Ill tell you why getting this right will set up your business empire for years to come. Watch here now: https://youtu.be/pm3BGOcNE9I Want to sell a busines...
Feb 08, 2023•17 min•Transcript available on Metacast Avoiding personal guarantees on business loans? Can one avoid a personal guarantee on a business loan? I explore the ways in which Ive seen them limited or avoided. But, it was a real head-scratcher to work on for sure Watch here now: https://youtu.be/1XOhSrIB4co Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com Learn how to buy a business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.CallDavidBarnett.com Join me on Twitter: http...
Feb 01, 2023•22 min•Transcript available on Metacast 
