Youtube viewer Canucklehead wants to know which number to multiply and when. Great question. One of the biggest problems in business valuation is when people confuse valuation factors. Apply a 3X EBITDA factor to SDE and you’ll overpay for the business. But are these hard and fast rules… or just guidelines? In this week’s video, I discuss when the different cash flow levels made sense and why, in the end, you need to be thinking beyond just math. Watch this week’s video here: https://youtu.be/Va5USDqv3-A Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Learn to buy a business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com -----Related Article Below--- Victor wants to know how to avoid the ‘get rich quick’ mentality that is so often advertised. Firstly though, I’m going to tell you about the ‘get rich quick’ scheme that I bought into and how I quadrupled my investment in under a year. That’s not a joke. It’s real and I’m also going to share how most other people would not have had the same results. Then, the low-risk way to build your fortunes. Incrementalism. Watch this week’s video here: https://youtu.be/-BK2UnxZ7OE Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Kim invited me on her franchise show even though I wrote a book called Franchise Warnings! It was a lot of fun. Here are her original notes: Can you SELL your franchise business? Of course! You can sell a franchise just like you can sell a startup business. Here's HOW and WHY you must create an exit strategy. 👉 Email me now for FREE Coaching: https://bit.ly/3qqA6td 👉 Subscribe to KimDaly.tv: https://bit.ly/2YCDc1N 👉 Hear what my candidates say: https://bit.ly/3C7fRTi Follow The Daly Coach on Facebook: https://facebook.com/createwealththru... Connect with me on LinkedIn: https://linkedin.com/in/dalykim ---------- 📕 David C. Barnett's book "Franchise Warnings": https://amzn.to/3qAKEW9

Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Join my email list here: https://www.DavidCBarnettList.com -----RElated Article Below--- Romil wants to know how one might get a job before becoming a buyer! It sounds like an easy win/win strategy. This question was inspired by my recent interview with John Mill about hiring your buyer. What I do in this week’s video is tell you about several different cases that I have first-hand knowledge of. People say they want to execute this strategy, but the proof is in the pudding. AND what some of these employee buyers may be missing when they plot their strategy… Watch this week’s video here: https://youtu.be/oTObbWYtkl0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com Related Article: Shalina asks about high bank debt leverage. Does it matter? Does David hate leverage? Shalina was asking a follow up question from what she saw in my video ‘questions about seller financing.’ https://youtu.be/YhEs5CG3uGs It’s a great question because it leaves you wondering if you really can/should buy a business with only 10% of your own money. I’m not against high leverage if the business has demonstrated cash flows and can service the debt. WHERE you borrow the money is sometimes more important than how much. It has to do with the qualities of the debt. I get into it in this week’s video: https://youtu.be/pzyH4VFm6jI Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10 business brokerage business brokers mergers and acquisitions business for sale

Gurmeet Judge had me on as a guest for his video blog to discuss preparing a business for sale and growth via acquisition. I thought you might enjoy our discussion https://www.encompassbt.com/blog

Learn more and sign up for my email list at https://www.DavidCBarnett.com Find the report here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn to buy a business at https://www.BusinessBuyerAdvantage.com Notes: Cassio asks how brokers get paid when there is a seller note. Does it matter? Should this concern a buyer? What about the seller? What if there’s no money to pay the broker? I look at this from the point of view of the different parties and talk about some of the solutions I had to come up with when I was a broker, dealing with broke sellers. Watch this week’s video here: https://youtu.be/ImglpvXOL3k Buy the special report How To Borrow Money from Business Brokers here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com We’re about the turn the calendar to 2022, here are my favourite videos from the early years of my channel…. It all started off when Liz said that she had watched my old video about My Life as a Business Broker, March 2016: https://youtu.be/LsieCGOiS9I Staged Buy Out of a business, April 2018: https://youtu.be/FmF7XJjXYhg The Broke Bushwacker needs a loan, June 2014: https://youtu.be/eWnnU5BGkyg Multiple Offers, Sept 2014: https://youtu.be/JIuP_1nQvKo Buy a Business on a Credit card, April 2015: https://youtu.be/LE_Lyx9eOI0 Delegating Responsibility vs. Delegating Tasks, Nov 2015: https://youtu.be/tyGDdKOyssY Is it wise to buy a failing business? Oct 2015: https://youtu.be/DPFbTulgW8g Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Enroll in Business Buyer Advantage Today https://www.BusinessBuyerAdvantage.com Get on my email list https://www.DavidCBarnettList.com Come and hang out with me and some of my small business besties. This year's guests include: Rocky Lalvani, host of The Profit Answer Man Podcast and Richer Soul. https://profitcomesfirst.com/ and https://www.richersoul.com Mike Finger, consultant and blogger extraordinaire over at https://exitoasis.com/ Henry Lopez, investor, entrepreneur and host of The How of Business Podcast https://www.thehowofbusiness.com/ Rick Nicholson, restauranteur, investor, and Wizard of Ads marketing partner. https://www.linkedin.com/in/ricknicholson-wizard/ Jordan Evans, acquisition entrepreneur, investor https://www.languagenetworkusa.com https://www.linkedin.com/in/jordanpevans/ https://twitter.com/JordanPEvans We will discuss 2021 and what we expect for 2022. Come and join us live and ask your questions/share thoughts or catch us in replay over the holidays. Look dangerous like me with Jeff Alpaugh https://www.jeffalpaughcustoms.com/dcb10

Instagram wants to know if it’s a problem to buy in an industry if you know nothing about it. Maybe, is your experience transferrable? How about getting some of your own? Paid to learn. Or- bring in the hired guns. See what I mean in this week’s video: https://youtu.be/FPJnF0WTgyM Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special link for you: https://www.JeffAlpaugh.com/DCB10

Original Show notes: https://consciousmillionaire.com/david-barnett-3/ Today’s guest… After a career in advertising sales, David C. Barnett started several businesses including a commercial debt brokerage. Helping to finance small and medium sized businesses led to the field of business brokerage. Over several years, he sold dozens of businesses for others while also managing his own portfolio of income properties and starting his career as a local private investor. Want to expand your consciousness about what’s possible? This is the show for 6- and 7-Figure entrepreneurs who want to multiple your profits, make a bigger impact and enjoy an amazing life! Join host JV Crum III as he goes inside the minds of millionaire entrepreneurs and world-class expert to get their secrets and actionable steps on how to rapidly grow your business. Heard by millions in 190 countries. Now in its 8th Season! JV Crum III, MBA, JD, MS Psy is a serial entrepreneur, 34x award-winning international best-selling author, speaker, futurist and Founder / CEO of Conscious Millionaire Institute LLC. The Limitless Mindset and Strategy Coach, on each episode JV coaches you using the success steps he has developed helping entrepreneurs around the world to make bigger profits and a bigger impact!

Victor wants to know about any magic pills that might exist for business success. I’ve got three for you… 1. Have lots of ______________ 2. Be part of an entrepreneurial _________________ 3. Build a _______________ of people who actually know and __________ you. Watch this week’s video and see if you can fill in the blanks. https://youtu.be/bJfu2PhL0g4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10 business broker business brokers mergers and acquisitions business advantage smb

Get a higher value for your business exit and facilitate a win-win deal for the Right Buyer. “The no-money-down deal where the owner gets a premium price, and the buyer is delighted.” Ted Leverette on the David Barnett live cast. Questions: The ‘unfair’ fair market valuation of owner-managed business The constraint on growth The operational excellence margin 10x-ing the value of the solid foundation Working with managers to grow the business The simplicity of the deal Don't miss this conversation if you ever intend to exit a business. These plans can give you control over timing and remove financing and other complications for buyers. https://intelligentwork.com/

What You Need To Do Sell Your Own Business - Interview with David Barnett How can people better prepare their business for sale? Why should you prepare now vs. later? What if I'm not ready to sell? Barnett loves to say that it took him 10 years to un-learn what he was taught in business school. University had trained him to be a middle-manager in big enterprises, he was totally unprepared for the realities of small business. Get Your free pdf copy of "12 things to do before you consider selling your business": https://dbarnett.gumroad.com/l/12thingstodo/soundcloud

Victor H wants to know how one makes this big decision. It’s not as easy as simply making a Pros and Cons list. We need a more sophisticated framework. Thankfully, the Canadian taxpayers have one we can use. Seriously, I lifted it from the government’s own website and now we’re going to twist it to serve our capitalist needs… [insert evil laugh track] So, this is how one makes a VERY BIG decision that will affect your future forever in a good or bad way…: https://youtu.be/sH1nBLnQIj0 Let me take you through my map of products and services here: https://youtu.be/qz8D-At10Hg Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... YouTube commentator JediBunny wants to know what I think are the 5 worst pieces of small business advice. I’ve ranked them in a Letterman Style list. Let’s see if you agree… The first one I roast is ‘Sales Cures All’ which is touted by business celebrity Mark Cuban. Why is Mark wrong? … and then 4 more for you to ponder in this week’s video…: https://youtu.be/GcGgVV66oFA Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10 business broker mergers and acquisitions how to buy a small business smb buying an existing business

Jeff Alpaugh has been building his retail custom menswear business by opening new locations and tapping the power of the internet. As you know, the lockdowns of 2020 caused major shifts in the world of retail. Join Jeff and I as he tells us about his vision, the plan, how it changed and how his company has pivoted since this virus has affected the world. If you want to check out his online store, visit https://www.jeffalpaugh.com/dcb10 The DCB10 code is a savings for you. https://www.instagram.com/jeffalpaughcustom

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Anders wants to know if there are good deals to be had on distressed businesses? We’re all familiar with scratch and dent sales. Does that happen with businesses? Is it possible to get a bargain or better financing when we’re willing to buy something with warts? I explain in this week’s video…: https://youtu.be/7hkak8QgmAM Which mentions these past vids as well: • Formula of the Zero Down Deal. https://youtu.be/lx-Qyvh_ROA • What if the business owes more than its worth? https://youtu.be/qwMLbyoBvt4 • Dead Capital in a Business and Buying a Job. https://youtu.be/kHnIh6HM840 • Robert Gale buys 20 distressed businesses… https://youtu.be/Cf0e4so9b1c • Why Aren’t Millenials Buying Main St. Businesses? https://youtu.be/uCSTCS2z3tk • Discovering Deal Capital in a Zombie Business. https://youtu.be/IQTucDC4NsY Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10 succuss business broker mergers and acquisitions how to buy a small business buying distressed businesses

If you've got a successful business then you have something to protect. How can we make use of insurance to protect partners, end partnerships, attract and retain key employees and more. Certified Financial Planner Mark Willis will show us some tips and tricks on how to employ insurance products to achieve business goals. Find Mark at https://nyafinancialpodcast.com/

What Might Your Business Be Worth w/ David Barnett - EP029 by David C Barnett

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... This 18-year-old wants the best of both worlds, how can he get it? Khush wants a career in computer science and own a business on the side with a manager. What books and materials would I recommend today for him to learn? None! I explain in this week’s video: https://youtu.be/ES4waXr2Yas Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business brokers smb how to buy a business mergers and acquisitions

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Everyone loves lists. I list out my top 5 tips for buying a small business. They have to do with planning, your gut, liquidity and more. Check out Amazon for my book- 21 Stupid Things People do when Trying to Buy a Business to see the dumb things list. Watch this week’s video here: https://youtu.be/NM0ZGZ2WXCk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business broker smb how to buy a small business mergers and acquisitions business brokers

Original show notes.. reposted with permission. ------------------------------------- On today's show, I talk with David Barnett, who is an expert in buying and selling business. I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover: How did David become an expert in buying and selling "main street" businesses? Should you buy or sell a business in retirement? Aligning your business venture to your interests Why buying a business and being "hands-off" is an unrealistic expectation Don't be fooled by the promise of buying an "absent-owner" business There is a lot more to owning a self-serve car wash than just collecting quarters What are the most important things to think about when buying a main street business Why do you need to make a proper cash flow projection Three components of the typical financing for main street business transactions Red flags when buying a business How Seller Financing can help foster a successful transition The fragile nature of businesses Does the goodwill of a business reside with the business or the owner? Connect with David YouTube New Website! The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle. Connect with David DeWitt Subscribe to the Invest Smarter Newsletter (Bottom of the page) Connect on LinkedIn Get a Free Financial Assessment If you received any value from this podcast, please leave us a 5-star review on Apple! Leave a review!

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Eric is concerned after 18 months of looking. Should he be? Can he do more? Firstly, in the video, I mention a business broker. His actual name is Curt Maier. Sorry Curt! Eric writes to me because he’s been looking for a year and a half and is concerned. Should he be? What is Eric doing to find a business and is there something that can speed up this process? I explore the market, the role of brokers and how much of the market they can really access for you and more. Watch this week’s video here: https://youtu.be/UEvf1PRz-bY Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business brokers smb

Original Show Notes: Buying and selling a company will most likely be the biggest transaction people will have. Don't go into a transaction like this blind. Learn from author, podcaster and consultant, David C Barnett, who is an authority on how to buy and sell companies the correct way. Mistakes can be very costly when selling or purchasing a company if it's done without the proper knowledge of what to look for and how to prepare for the transaction. Learn from a pro on this episode of DIY for Business Find DIY For business here: https://www.diyforbusinesspodcast.com/

If you want to see the video with the websites Jarryd is demonstrating, find it here: https://youtu.be/BlMOO4F5epw https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Jaryd Krause gives us the rundown on buying small passive income online businesses. Notes from Jaryd… Empire Flippers - https://empireflippers.com/ FeInternational - https://feinternational.com/ Investors Club - https://investors.club/ Quiet Light - https://quietlight.com/ Motion Invest - https://www.motioninvest.com/ Flippa - https://flippa.com/ Jaryd's YouTube Channel - https://www.youtube.com/channel/UCQ3g6G2USlnq7EgnUsajTBw?sub_confirmation=1 Jaryd's Due Diligence Framework - https://buyingonlinebusinesses.co/duediligenceframework Tune in to the live premier or watch the replay here: https://youtu.be/BlMOO4F5epw Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com smb seller financing vtb seller note passive income make money online online businesses

My local real estate investing club invites me to come and do a talk via zoom at their monthly get together.

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Wayne says its ok to buy a business with no money if the cash flows. Does it? Videos mentioned within: • Non-Financial Considerations when you buy a small biz https://youtu.be/nV-h9tm1Gkk • Questions on Seller Financing https://youtu.be/YhEs5CG3uGs • Buy a Business with no money tab https://www.investlocalbook.com/p/buy-business-with-no-money.html • Using Machinery for collateral https://youtu.be/hojEFy-pFtc • Escape the Banker’s Rules Carefully https://youtu.be/W6WBiRp-LK4 • Anatomy of a real no-money deal https://youtu.be/HLNmOvfok6A Wayne suggests how to do a deal with no money. It does make sense for a buyer, but what about the other players in this deal? What do they think and how do you deal with their concerns? Very important video, especially if you’re broke. Watch this week’s video here: https://youtu.be/lx-Qyvh_ROA Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business brokers vendor financing smb

I joined Ted on Oct 5 for this live zoom call. Enjoy. Ted's original show notes: ---------------------------------Expect a few surprises. They might change your perception and increase your opportunity. People wanting to buy a business face may appear to be three insurmountable obstacles: • Business Brokers. • Buyer competition. • Poorly prepared and unrealistic sellers. In this presentation, you’re going to learn how to go over, around or through them. What about dealmaking during uncertain times? What's to know about searching/buying during a Seller's Market? Why am I not seeing enough of what I want to buy? How to get more and better deal flow? What about outsourcing search? Using/paying finders? How to handle question of net worth and available funds to source the acquisition? What about business brokers? Help or hinderance? Broker management: How to stay top-of-mind with all the other searchers out there? How to go about a proprietary search in the most efficient manner? Are there successful alternatives to drip campaigns? Who do brokers and sellers take more seriously? Self-funded people wanting to buy a business? Search Funders? $1 million business threshold. Adjustments / Add-backs? Business cycle and valuation? Please subscribe and email Ted Leverette from partneroncall.com to schedule a Zoom chat. Ted Leverette enables buyers of profitable small and midsize businesses in the USA, Canada, Australia and the U.K. to be the 1st choice of brokers and sellers, which results in more-profitable done deals sooner with less aggravation at lower cost. How? Read his how-to books. And then let him help you deploy proven best practices. Ted J. Leverette, The Original Business Buyer Advocate ® “Partner" On-Call Network, LLC Searcher and Transaction Advisory: Prepare-Search-Offer-Buy PartnerOnCall.com (Not a business broker; never have been.) Get these books on Amazon or PartnerOnCall.com 120 Financial Lifelines for Small Businesses (Free) How to Prepare Yourself and Find the Right Business to Buy How to Buy the Right Business the Right Way 21st Century Entrepreneur Ideas for Kids and Aspirational Adults (Free) How to Get ALL the Money You Want For Your Business Without Stealing It (USA and Canadian versions.)

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Alexia wants to know about the warranties offered by sellers. If someone lies and costs you money, you sue them right? But what if the solution costs more than the problem? This is the issue with representations and warranties when we talk about small business transactions. In order to deal with potential lies and misdeeds on the part of sellers, we need two powerful tools that we can use in the even there is a problem. Watch here: https://youtu.be/LStVgWOM2LI Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business broker business brokers vendor financing seller financing smb

Ryan was kind enough to let me share this track. here are his original show notes..... David Barnett has been an owner, broker, buyer, seller, and everything in between. He’s written a dozen books or so about buying and building companies. This is a fun conversation. We dive into questions such as… — Are small businesses a better investment than properties? — Is this a good business? — I’ve heard you can buy a business with zero down. Is that true? — Are there businesses I can buy while keeping my day job? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 David C Barnett - https://www.investlocalbook.com/ http://ukbusinessbrokers.com/business-acquisition-courses/ David’s YouTube Channel - https://www.youtube.com/channel/UCbR8hQfFxBI4Idh4Zw65yZQ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - [email protected] 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... JT wants to know about losing a house to the bank Can someone lose their house to the bank in a bad deal? It’s not something that usually happens if you buy right. What I’ve seen more of is people losing a house after their business becomes more successful. There is risk in business, you need to offset this in your dealings outside the business. Watch here: https://youtu.be/XNzqWU1e9NU Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com minimalism business broker smb mergers and acquisitions heloc business valuations

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... What if the suppliers won’t give you the same trade terms? Steve wants to know what happens when a business is sold as far as transferring over the name and all the accounts. What about customers? What about suppliers? What if they won’t give you the same terms? What if they don’t like you?!? Watch here: https://youtu.be/UJjtGc4pTxA Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com due diligence business broker business brokers smb mergers and acquisitions

Tonight I had John Warrillow on as a live guest talking about building value and exiting a business. John shared some of his own experiences and things he's seen from the world of exits. Learn more about John at https://builttosell.com/

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Nobody likes to lose money, especially bankers. Buyers are trying to do deals that mitigate risk. Sellers want the most money possible. How might a seller help a banker feel comfortable doing a loan? It may come down to the terms and conditions of the seller note. Watch here: https://youtu.be/e3mAqBhS0-c Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business broker smb business brokers vendor take back

What, besides the numbers, is important? People buy a business for many reasons. In this week’s video, I’ll challenge you to consider whether you’re qualified to run the business AND whether it will take you where you want to go. Watch here: https://youtu.be/nV-h9tm1Gkk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business brokers smb mergers and acquisitions mergers and acquisitions basics

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Landlord wants more, what does that mean for me? Zafer says that his rent sometimes seems high, sometimes seems low. How can you tell if it’s the right price? What does it mean if local rents are going up? What if you own and you are your own landlord? Watch the video and I’ll tell you what I look for when analyzing a business’ expenses. Watch: https://youtu.be/FVuvjpIBd60 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com commercial real estate smb mergers and acquisitions commercial real estate investing how to invest in commercial real estate

Original show notes: ------------------------------------------ Please give a very warm welcome to the show David Barnett. Top 3 Amplifiers: 1. Defining a small business 2. Why buy a business over starting a new one 3. Common mistakes to look for when buying a business To listen, find other episodes, access the show notes, and find out more go to www.amplifyto7figures.com. Enter the giveaway here: https://amplifyto7figures.com/giveaway Find this podcast on iTunes: https://go.amplifyccom.com/itunes

If I had known this earlier, I would have wasted less time. Sometimes our thinking has biases that we don’t even know are there. When these biases limit our thinking, it can prevent us from seeing the truth. In this week’s video, I explain what I’ve learned over fifteen years that made a big change for me about a decade ago when I look at a business. This tip can save you a lot of wasted time and money. Watch: https://youtu.be/t2a-e68-Y_A Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com business broker smb mergers and acquisitions how to buy a business investor

Original Notes: IN THIS EPISODE, YOU WILL LEARN: 0:00 Introduction 2:23 How David got on the journey of helping entrepreneurs 12:25 Positioning a business to be attractive for buying 15:57 Top 5 reasons why business go for sale 19:30 Mistakes that sellers often make 23:46 The “dream” of selling a small business for $1 million 25:07 Development of small businesses in Canada 30:03 Understanding the terms of sale 37:07 The role that insurance plays in business and transferability 45:10 Who David wants to be a hero to 📌 EPISODE LINKS: Follow David Barnett: Website: https://www.DavidCBarnett.com Twitter: https://twitter.com/DBarnettMoncton Facebook: https://www.facebook.com/DBarnettMoncton Instagram: https://www.instagram.com/dbarnettmoncton/ YouTube Channel: https://www.youtube.com/user/DavidCBarnett 🎙️ WEALTH WITHOUT BAY STREET LINKS: Learn how Canadian are Implementing Infinite Banking for Free Here: https://wealthwithoutbaystreet.com/masterclass Podcast Website: https://wealthwithoutbaystreet.com/ Follow us on Facebook: https://wealthwithoutbaystreet.com/fb Subscribe to our Youtube Channel: https://wealthwithoutbaystreet.com/yt Book a 15-minute call: https://wealthwithoutbaystreet.com/15mincall Re-think Your Thinking - The Backwards Bicycle : https://wealthwithoutbaystreet.com/backbike Watch our Tribute To The Man Who Created Infinite Banking R. Nelson Nash here: https://wealthwithoutbaystreet.com/dayofnelson 🤝 Join Our Community! https://wealthwithoutbaystreet.com/community Check out our other Channel for more content: https://wealthwithoutbaystreet.com/bankersvault 📚 IBC RECOMMENDED BOOKS https://wealthwithoutbaystreet.com/books 📽️ WATCH THE DOCUMENTARY Documentary Film This is Nelson Nash: https://www.ascendantfinancial.ca/nelson-nash-film/ 💸 Financial Advisor? Learn about the Infinite Banking Concept here: Nelson Nash Institute Practitioner Program: https://infinitebanking.org/practitioners-program/ref/6/ EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/ EVA - Economic Value Add The Real Key To Creating Wealth Article: https://infinitebanking.org/the-real-key-to-creating-wealth/ref/6/ #WWBS #JaysonLowe #RichardCanfield #theinfinitebankingconcept #wealthwithoutbaystreet #DavidBarnett

HC2020#9 Mike lives in NC and wants to buy a business in California! Mike is a successful property developer and wants to get into something with a smoother cash flow. What does he need to do when he takes over the new business and how can he manage this thousands of miles away? https://www.BusinessBuyerAdvantage.com

HC2020#8 Dee wants to get out of being a real estate agent and now wants to get into being a hotel owner! The problem is that she doesn’t have money to invest. How can she figure out a way to buy a hotel with no money during a pandemic?!?

HC2020#7 Eric has been diligent in buying houses and keeping them an income properties over the course of his military deployments. Now he wants to get into business and wanted my input into choosing his target industry and laying out a plan. We get into a big discussion regarding Net Normal Position in Working Capital. Lots to learn here. Watch on YouTube or listen on SoundCloud.

HC2020#6 Dean calls to talk rollups but does he really mean conglomerates? I lay out some examples that I’ve worked on and why things happen the way they do and what any plan needs to contain. Also, how some business owners do it wrong and what can happen

HC2020#5 Young 20-year-old Rashad in Dallas is looking for a way to buy up a lot of small businesses and put them together into a big enterprise. His ultimate goal is to have businesses in many industries so that he’s diversified. AND- he’s looking for things that are scalable. What Rashad needs is a plan.

HC2020#4 Paul H. has moved from Michigan to Florida. While he keeps his Michigan business going via Zoom, he wants to know my ideas of how business valuations can help him build a business brokerage in Florida.

Cody already has a successful business selling his own unique products via Amazon. He's a former financial trader who wants to start acquiring other Amazon businesses to add on to his established infrastructure.

HC2020#2 After many bumps and bruises in business, Christian has finally figured out how to make money with his business. Now he wants to leave it all and get into a riskier one without enough money. Should he keep chasing new business ideas or deal with the real problem that plagues him?