***New Video Alert! A client wants to know how to let one small business seller know that he has to wait while he pursues another deal which may be better. Is this wise? How do you do it? The client is missing this one critical factor in his thoughts on managing multiple opportunities. Ill walk you through it in this weeks video: https://youtu.be/oudlAM502F0 Cheers See you over on YouTube David C Barnett
HC#003 You like cash? I like cash! Who doesnt? Well, when the seller of a business promises an little extra because of undeclared revenues, it doesnt necessarily all fall to the bottom line. I show the caller how we can see if the extra revenue makes sense and detect whether it may be likely that some of the expenses may be paid with the cash. So, its not as lucrative as you may be led to believe. Do Business with David using these incredible internet links... - David's Blog where you can find h...
***New Video Alert! I keep getting asked if I will help people on their project. YES- I do that. But, how? This week, I reveal the matrix model I used to build out my consulting business. It was done intentionally with a plan and it works great for many reasons. Ill walk you through it in this weeks video: https://youtu.be/kVllCuVNnFw Cheers See you over on YouTube David C Barnett
Peek inside the collection industry. New Livestream guest- Blair DeMarco-Wettlaufer from Kingston Credit and Data who operates collection agencies in Ontario and Florida. Im happy to have Blair join me on a live broadcast. He has decades of experience in the collections industry in both the US and Canada. Tune in and as well be discussing what you need to know about collection agencies both as an entrepreneur who might need to hire one some day and as someone who might be getting calls from them...
HC#002 James wants to examine a painting and wall covering contractor business in the UK his big question? What is the SDE (or adjusted EBITDA as they call it across the pond). In this call, we take a look at the income statement and do a line by line normalization and show James what he should be asking when he next meets the seller. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.c...
***New Video Alert! An appraisal is an appraisal, right? Well, maybe not. It could be a smidge higher or lower depending on who does it and why. This week, we tackle the problem of understanding the incentives and biases of the people who do valuations to support things like borrowing money. Learn more by watching this weeks video: https://youtu.be/xmOXDpDsMNI Cheers See you over on YouTube David C Barnett
New Livestream guest- Mark Willis Book a call with Mark at https://www.NewBankingSolution.com Im happy to have Mark join me on a live broadcast. Mark has been on the show many times discussing insurance strategies for small business owners and buyers and is the sponsor of my show. Tune in as well be discussing something new- Annuities. This is a must see event for anyone who is entrepreneurial or wants to learn about money or investing. Im going to ask him about how these tools can play a role i...
HC#001 Gerri has had a successful career over decades as a business owner, but when her husband died, things fell apart. Now this experienced entrepreneur wants to put her skills to work in a small business that she can manage on her own. We discuss a bakery opportunity that she found and I work with her to uncover key areas that need to be explored as she negotiates for it. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos ...
Email Subscribers always get first access to Holiday Chat and to book these calls at substantial savings. - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com Watch on YouTube: https://youtu.be/hzg8RX__Q8c
***New Video Alert! Peter has a Hospital putting him into collections! Will this reduce his credit score? Will this mean no ability to borrow for a business loan? Its complicated but not hopeless. Learn more by watching this weeks video: https://youtu.be/kMJCKmlDuQQ Cheers See you over on YouTube David C Barnett
Find Ray online at https://www.sbaray.com/
***New Video Alert! What scares you more, Fire or Zombies? This week, I take a look at disaster planning and preparation and explain the best kinds of businesses to own if its all coming to an end. Learn more by watching this weeks video: https://youtu.be/OMHfrdVUbLE Cheers See you over on YouTube David C Barnett
Damon Pistulka from https://exityourway.us/ invited me onto his Faces of Business Podcast for a chat about selling your business. Check it out.
Find the original posting here: https://www.ibba.org/insights/perspectives-buying-selling-businesses/ Perspectives on Buying and Selling Businesses In the IBBA Insights Perspectives on Buying and Selling Businesses, business coach and entrepreneur David Barnett shares his expertise on the sale of businesses from a sellers perspective. Barnett discusses the importance of empathy for buyers and sellers during the transaction process, preparing a business for sale, and hiring the right people, incl...
***New Video Alert! Can someone take advantage of the SBA program to buy a business in the US without even going there? Ill tell you when foreigners can and cannot use SBA loans and how someone might reasonably be able to buy a business in the US. With or without money. Learn more by watching this weeks video: https://youtu.be/tRGW56_DYAI Cheers See you over on YouTube David C Barnett
Neal Isaacs is a business broker in Raleigh. He hosts a YouTube channel at https://www.youtube.com/@RaleighBusinessBroker From the original show notes: Call Neal at (919) 621-1248 See done deals at https://bit.ly/3rjUNtB Get a complimentary valuation at https://bit.ly/45ZAHEg Timestamps: 0:00 Neal & David C. Barnett 00:17 Introduction to the Raleigh Business Broker Channel 02:52 The Transition from Business Broker to Consultant 09:58 The Reality of Business Acquisitions and Financing 21:25 Under...
Ron Skelton had me on his show, How2Exit. https://www.how2exit.com/ About the Guest(s): David Barnett is an experienced entrepreneur, consultant, author, and educator in buying, selling, and financing small and medium-sized businesses. With a background in sales and business education, he owned a business broker office before moving into banking. Since 2015, he has provided consultancy services for business transactions. Barnett shares his expertise through a YouTube channel and has written mult...
Serious Small Business Market Intelligence. New Livestream guest- Nunzio Presta Im happy to have Nunzio join me on a live broadcast. Nunzio has leads the team at BuyAndSellABusiness.com Tune in and as well be discussing data, facts and observations from the point of view of someone who sees the smallbiz buy/sell playing field. This is a must see event for prospective buyers and sellers of small businesses. Be sure to join live so that you can ask questions, replay will be available. Deals from h...
***New Video Alert! We all know that getting a divorce is likely bad for your business. But what about if your partner goes through a divorce? What kinds of strategies can you employ to protect yourself and the business in such a case? When should you be contemplating this? Learn more by watching this weeks video: https://youtu.be/dpY8w8-SAU8 Cheers See you over on YouTube David C Barnett
Does your small business need big B2B marketing? New Livestream guest- Sarah Noel-Block Im happy to have Sarah join me on a live broadcast. Shes the genius behind Tiny Marketing. A content-marketing company that helps B2B businesses build authority and generate opportunities with the least amount of hassle and work possible. Tune in and as well be discussing marketing strategies for companies with marketing teams of 0-2 people. Yup, Zero. This is a must see event for anyone thinking of being in ...
***New Video Alert! What are finance strategies? What is profit? Why would a small business want to maximize it? Not all do. This week, a deep dive into the three groups of businesses, what performance metric theyre trying to maximize and what kinds of strategies will deliver the goods. Learn more by watching this weeks video: https://youtu.be/d9UlF3zJ9V0 Cheers See you over on YouTube David C Barnett
***New Video Alert! Corey asks me via Twitter- Do dividends belong in SDE? This week, I explain why not and how you can protect yourself from this mistake. Save this somewhere. You might need to send it to a broker or seller one day. Learn more by watching this weeks video: https://youtu.be/gR7Fsgp1J9Y Cheers See you over on YouTube David C Barnett
Getting Credit in your Business Name Without a Personal Guarantee New Livestream guest- Andrew Cervenka Im happy to have Andrew join me on a live broadcast. Andrew and team have been helping small businesses establish trade credit and corporate creditworthiness for years. Tune in and as well be discussing what it actually means to develop corporate credit and why you might want to. This is a must see event for business owners that are worried about all their personal guarantees on all the credit...
Learn more at https://www.BusinessBuyerAdvantage.com
***New Video Alert! How do you know if the broker youre dealing with knows what theyre doing? Its important. A broker who is a novice may not have properly prepared the seller. This can lead to lots of time being wasted and reasonable deals being declined. Learn more by watching this weeks video: https://youtu.be/P0maeylhvi8 Cheers See you over on YouTube David C Barnett
***New Video Alert! What if you have a very small business? Even just yourself. How can you go about getting the best value for your biggest asset? Your customer list. I explore it in this weeks video here: https://youtu.be/0U9Rb-mNn90 Cheers See you over on YouTube David C Barnett
***New Video Alert! What does it cost to grow a small business? Where do you start? More sales? Run some advertising? You start with a plan. Watch. Watch this weeks video here: https://youtu.be/UD06KAjDvuo v Cheers See you over on YouTube David C Barnett
***New Video Alert! So, is a 100-year-old company with a well-known brand worth more? What about if there are over 1000 names on the past client list? Does a special trade secret make a business worth more? Today, we uncover value drivers that many sellers love to tell you about Watch this weeks video here: https://youtu.be/0CcQV2yiycI Cheers See you over on YouTube David C Barnett
***New Video Alert! This business owner learned that his business was worth less than $1. How? Because of the unseen liabilities. Lets learn about how companies owe money that doesnt get shown to you when you look at the financial statements. Watch this weeks video here: https://youtu.be/a7RY-1LVTiM Cheers See you over on YouTube David C Barnett
New Livestream guest- Pat Ennis, CExP, CAP Im happy to have Pat join me on a live broadcast. Pat has been in the wealth planning business since the 90s and helping SMB owners plan their exit for over a decade. Tune in and as well be discussing getting a business ready for your exit and just what, exactly, that might mean. This is a must see event for anyone who owns a business or want to one day. Find Pat online at https://www.ExitReadiness.com
