https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com Related article... What you really need to know about small business tax returns. Nick is looking to buy a business and wants to know if there is a checkbox on the tax return indicating if it’s good and profitable. Well, it’s not so easy. Firstly, the tax folks design the forms for their purposes. Secondly, the information put into the form may not actually be relevant or correct. This week I dive into small business financial reporting to uncover what can and cannot be trusted! Watch and learn more here: https://youtu.be/6_v9wpSTI0Q 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 small business tax returns CPA analysis normalization recasting small biz

...or does success come more easily if you're a minimalist? I'm joined by economist Aaron Clarey to discuss how making certain lifestyle choices can enhance the freedom in your life and shorten the distance between you and your goals. Most importantly, Aaron will share results of reviewing research which reveals why we all feel so compelled to want more stuff and how this knowledge can be used to evolve. Check out Aaron's Minimalism program: https://theclareyschoolofeconomicphilosophy.teachable.com/ Learn more about Aaron, economics and making better decisions at: http://captaincapitalism.blogspot.com/ Aaron's book- Poor Richard's Retirement: https://www.amazon.com/gp/product/154553909X/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&tag=captaicapit0b-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=154553909X&linkId=45c4ea03097b1a5e12e0fbe0b148598e Aaron's book- Bachelor Pad Economics: http://www.amazon.com/gp/product/1494463180/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1494463180&linkCode=as2&tag=captaicapit0b-20&linkId=QTM5OYMWOORSUEQQ Aaron's book- Worthless: http://www.amazon.com/gp/product/1467978302/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1467978302&linkCode=as2&tag=captaicapit0b-20&linkId=6JZGO4M6W7N57ZHC

https://www.TheVirtualHub.com/DCB Learn about the Adventure group: https://www.BusinessBuyerAdventure.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Related Article: Barbara spent an hour with me in the Business Buyer Adventure group discussing how to better hire and manage Virtual Assistants overseas. Today, she’s joining all of us in discussing how to better delegate roles and tasks to employees. What do employees want? How do we allow new employees to feel like they’re fitting in? How can we help make sure new employees are able to properly integrate into our businesses so that they can achieve their best outcomes? Watch and learn more here: https://youtu.be/2_pPrttzDtQ Find Barbara online at https://www.TheVirtualHub.com/DCB Maybe you should be in the coaching program too? Learn more at https://www.BusinessBuyerAdventure.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

Yat-Long is my new assistant and business development manager. We're going to be talking about goals for David to get onto podcasts. Secrets from the past -AND- A special treat for anyone who owns a FedEx delivery route! Reach us at [email protected]

Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn more and join my mailing list https://www.DavidCBarnett.com Related article... When is the right time to bring private investors into a deal? It’s the 11th hour, the banker says you’ll be coming up short. Is now the time to call Cousin Larry, Auntie Bertha or your old work buddy Pete? I meet lots of people who believe that they’ll line up investors for a deal when they need the cash. This is not the time to be finding investors. The time to find them is when you hold the cards and you can take them on a lifelong journey to help you grow while they earn great returns. Watch and learn more here: https://youtu.be/HJ2b9MsXSCI Learn to do cash flow forecasts and build business plans at 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

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Chip wants to know how a business can be ‘unsellable?’ Wouldn’t every business have a price, even if it’s just $5 and cab fare? Sure, but is that really a business or a bunch of assets being sold at a discount. This week, I dive into how I may use certain words differently than new viewers and why there are indeed businesses that could likely never be sold. Watch and learn more here: https://youtu.be/3z5rJKFf5-A Learn to do cash flow forecasts and build business plans at 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 entrepreneur small business investing small biz business broker

Join me for a brief livecast where I will update you all on a few projects I've got going on including a new listenable course. Learn about listenable here with discount for my viewers: https://frstre.com/go/?a=76205-87a7d9&s=1376484-503b20&p_affiliate.referral_code=davidbarnett1 Join my email list at https://www.DavidCBarnettList.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com weight loss

Learn to make a cash flow forecast and business plan at https://www.BizPlanSchool.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com Related Article: What are all the ways to get investment into your small business? A comment from a YouTube viewer asked me to summarize all the ways you can get investments into a small business. Big Task! But, by considering it systematically, we can examine the different possibilities of how funds from an investor can enter a business to fund the things an owner needs. Watch and learn more here: https://youtu.be/K_y2ihtc95k Learn to do cash flow forecasts and build business plans at 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 Did someone forward this email to you? Join my email list here: https://www.DavidCBarnettList.com mergers and acquisitions investing sme entrepreneur

Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn cash flow forecasting https://www.BizPlanSchool.com Learn more and join my list at https://www.DavidCBarnett.com Related Article: Can you do a cash-out refi on a business like a house? Jason Born asks if you can refinance to take cash out of a business like you can with a house? Good question, especially if a business owner needs to get their hands on some money. Bankers tend not to like seeing people remove the proceeds of loans being removed from the business. However, you may be able to do an asset juggle with new financings that might work. Changing terms of sale though, might be the easiest way to generate more cash. Watch and learn more here: https://youtu.be/EBGiloDerZ4 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn about the group program https://www.BusinessBuyerAdventure.com Learn about selling your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business- https://www.BusinessBuyerAdvantage.com Learn about my group program at https://www.BusinessBuyerAdventure.com Learn to sell a business- https://www.HowToSellMyOwnBusiness.com Join my list and learn more at- https://www.DavidCBarnett.com Related Article: The Holiday Effect on Businesses for sale. What happens to business owners over the Holidays? They get a taste of what retirement might feel like. Things happen over the holidays, what should you have been doing to take advantage of this? Watch here: https://youtu.be/xsoOHfsKXps Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn about the group program https://www.BusinessBuyerAdventure.com Learn about selling your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Sign up to get the Holiday Chat Tapes at https://www.DavidCBarnettList.com

Tune in as I host a Holiday open house party with business podcasters, friends and some past and present clients dropping by to talk about what they learned in 2020 and what 2021 may hold for the world of smallbiz! Be sure to join my email list if you want to receive the Holiday Chat recordings over the next week. These are real tapes of conversations to answer questions from people just like you. https://www.DavidCBarnettList.com Today's Guests Include: Mike Finger http://www.exitoasis.com/ Henry Lopez https://www.thehowofbusiness.com/ Adam Purcell Marc Mawhinney https://www.naturalborncoaches.com/ Rick Nicholson Jordan Evans https://www.languagenetworkusa.com

Find the book in my Amazon Store: https://www.amazon.com/shop/davidbarnett Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnettList.com Related Article: Minority Investor Rip-Off. Reuben wants to know how to make sure he’s not getting ripped-off when investing as a minority shareholder in a small business. Great question! You see, many small business owners often hide personal ‘perks’ within the expenses of the business and this reduces the amount of money available for dividends or distributions. How can you prevent this? As I explain in the video, there are several ways. I actually wrote a whole book about it back in 2014. Watch here: https://youtu.be/h-vutoFnQoA Find Invest Local in my Amazon store or on Audible https://www.Amazon.com/shop/davidbarnett 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com small biz minority mindset entrepreneurship

My Xmas Eve party is now scheduled.. set your reminder here: https://youtu.be/ezRTLRa7How 3 Bonuses for Business Buyer Advantage only until Dec 25th. Sign up at https://www.BusinessBuyerAdvantage.com In order to hear the Holiday Chat recordings, you need to be on the email list. Sign up here: https://www.DavidCBarnettList.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my email list and find past videos and blogs at https://www.DavidCBarnett.com Related Article: How Holding Companies Work. I received a few questions about holding companies. What are they? What do they do? How are they special? How would I take advantage of them? Just to make it easy… I made some slides on PowerPoint to illustrate a few points on this week’s video: https://youtu.be/ORWaTm7qYRw 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com business broker holding company small biz entrepreneurship small business

My Xmas Eve party is now scheduled.. set your reminder here: https://youtu.be/ezRTLRa7How Only 3 Holiday Chat spots remain- A one-hour consultation with me that can be anonymous and will be broadcast to viewers worldwide! Also, a 66% savings for you. Sign up now: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 In order to hear the Holiday Chat recordings, you need to be on the email list. Sign up here: https://www.DavidCBarnettList.com small biz small business credit cards 2021 forecast

https://www.hightidecapital.ca Find Sam on Linkedin here: https://www.linkedin.com/in/sam-imbeault Learn to buy a business at https://www.BusinessBuyerAdvantage.com Related Article: The reality of Private Equity Groups… Sam Imbeault is a professional investment banker who has just left a career with TorQuest Partners where he made investments in various companies. Sam and I discuss how these funds manage their investments, how they choose who to invest in and what his career there was like. Sam is now looking for a specific opportunity for himself in Atlantic Canada and we spoke a bit about that and how mid-market business owners can investigate who is approaching them as a credible buyer. Watch here: https://youtu.be/Da7a6yh0tv8 Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com #smallbiz #mergersandacquisitions #smallbusiness #businessbroker #entrepreneurship #entrepreneur #searchfunds #buyabusiness #midmarket #mid-market

I answer Kevin Tran's question about being credible as a 22 year old business buyer. Enroll in Business Buyer Advantage before Dec 25th and get the bonus recording from my March session and get invited to a live Q&A Dec 28th. Sign up at https://www.BusinessBuyerAdvantage.com 4 Holiday Chat spots remain, sign up here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 Sign up for David's email list: https://www.DavidCBarnettList.com

Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn about the Adventure Group Coaching Program: https://www.BusinessBuyerAdventure.com Learn more and join my email list at https://www.DavidCBarnett.com Related Article: Getting paid to work full-time searching for a business to buy… Easy, start a search fund. Now, it may be a little bit harder than that to execute. I’m getting a lot of questions about search funds. What are they, what do they do and is it really possible to pull off? The concept was popularized by the HBR Guide to Buying a Small Business. But, the title of the book is a bit of a red-herring.. let me explain.. Watch here: https://youtu.be/2WnLQwggtPU Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

I talk with Wizard of Ads partner Rick Nicholson about avoiding the Mushy Middle. We also get into the story of his restaurant fire insurance claim. Get help with your business video needs at https://www.hollygstudios.com/ Sign up for David's email list: https://www.DavidCBarnettList.com Sign up for Holiday Chat 2020: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 Learn to buy a business at https://www.BusinessBuyerAdvantage.com

Thanks to Hermosa Beach Joe and Cheeky Cheeky for asking questions about buying hotels and managing dissimilar businesses. Don't for get to like and share! Sign up for David's email list: https://www.DavidCBarnettList.com My interview with Jeffrey Tucker, author of Lockdown or Liberty: https://youtu.be/Mnn7Ob5eqbc Sign up for Holiday Chat 2020: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=TK4UF6WW778D8 Learn to buy a business at https://www.BusinessBuyerAdvantage.com

Find the books here: http://www.amazon.com/shop/davidbarnett Sign up for my email list at https://www.DavidCBarnettList.com Related Article: Some New Books for Santa to Bring… I often get asked about books that I recommend. This week, I’m taking you through a tour of my reading list that is maintained in my Amazon shop. Many of these will be books that have never made any bestseller list, but they all have important messages. Also, when in doubt, you can always order some of mine 😉 Watch here: https://youtu.be/_PYet-WFwDg My Amazon bookstore is here: www.amazon.com/shop/davidbarnett Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Rocky online at http://profitcomesfirst.com/ Learn to buy a business at https://www.BusinessBuyerAdvantage.com Sign up for my list at https://www.DavidCBarnettList.com Related Article: You need to put profit first. Rocky Lalvani is a self-made multi-millionaire and certified Profit First coach to business owners. That’s the Profit First system made famous by author Mike Michalowicz. This month, Rocky is the guest expert speaker for my Business Buyer Adventure group coaching program and I decided to invite him onto the main YouTube channel to share some advice. His famous mantra: Revenue is Vanity, Profit is Sanity and Cash is King! We do a quick overview of the Profit First system and talk about how small business owners can use some of these ideas to improve their performance in 2021. Let’s listen to him answer: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Join my email list at https://www.DavidCBarnettList.com Learn to make a cash flow and business plan at https://www.BizPlanSchool.com Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn more at my blog at https://www.DavidCBarnett.com Related Article: Traits of failing businesses and their owners. Angela wants to know- David, what are the common traits you notice amongst failing business owners? Great question! I summarize the three most common things I’ve seen amongst those who fail. Also, my definition of failure is much broader than what you think. Watch and I’ll explain. So, make sure you have none of these traits when you own a business: https://youtu.be/fBiEaAbBsow Learn to make a cash flow forecast and business plan at https://www.BizPlanSchool.com Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Mark's podcast here: https://nyafinancialpodcast.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Join my email list and learn more at https://www.DavidCBarnett.com Related Article: Creating your own financial resiliency. Mark Willis, host of Not Your Average Financial Podcast, comes back to discuss whole life insurance policies again. I was so intrigued last time that I went out to learn more and have decided to buy a policy myself. This is a liquidity tool that any entrepreneur can leverage for greater success. But how can it be all unicorns and rainbows? How can these things keep going up with all the financial crisis all around? I put the tough questions to Mark… Let’s listen to him answer: https://youtu.be/SpaLbbCnqnw Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Jeffrey on Twitter: https://twitter.com/jeffreyatucker Find Lockdown or Liberty in my Amazon store: https://www.amazon.com/shop/davidbarnett Get on my Small Business email list at https://www.DavidCBarnett.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com My blog is at https://www.DavidCBarnett.com Related Article: David and Hugh tackle Small Biz Myths #3 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around taxes, customers, prices, operations, absentee owners and customer feedback. Check it out here: https://youtu.be/2bGoS99wT-s Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com If you want help with those pesky business systems that were mentioned, go to https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Trevor online at https://www.crow.legal/ Watch the Roll Up Strategy video here: https://youtu.be/i_4_shRzEsQ Learn how to sell your business at https://www.HowToSellMyOwnBusiness.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join the list at https://www.DavidCBarnett.com Related Article: Converting a business and selling part of it to investors. Trevor Crow has been a recent expert guest for my Business Buyer Adventure group coaching program. Today, Trevor and I discuss a recent deal in which some partners in an LLC convert to a corporation and then sell 70% of it to some investors as an exit plan. This is both a tax and investment strategy being done on a lower mid-market business. I wanted to bring you this conversation because it touches on many relevant topics: • Rollups and Platforms • Exits • Minority Shareholder issues • Employment and management agreements/ shareholder/ partnership agreements. • Seller financing/ Skin in game with equity • Legal costs vs benefits of complex strategies for Main St. • Benefits of share deals vis a vis customers Watch the video of the interview here: https://youtu.be/oe9heG7IxTo Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Giuseppe's book offer https://ggthefranchiseguide.com/dcb Buy Franchise Warnings at Amazon or at https://www.FranchiseWarnings.com Learn to buy an existing business at https://www.BusinessBuyerAdvantage.com Related Article: Fitting the right person with the right franchise. Who is this right for? Who opens a new franchise? Why do they do it? What are some of the things that Giuseppe sees in his work with people trying to get out of the corporate rat race. With over a decade of experience, he shares some of what he’s seen work and what to watch out for. Watch the video of the interview here: https://youtu.be/RT60u5pI2m8 Make sure you read Franchise Warnings available at all Amazon stores worldwide such as Amazon.com and Amazon.ca or get the .pdf at https://www.FranchiseWarnings.com Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Zoran's brokerage in Australia-- https://www.xcllusive.com.au/ Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn to sell a business https://www.HowToSellMyOwnBusiness.com Related Article: Can Business Brokerage be made to work better? Everyone loves to complain about the problems with business brokerage: • Sellers have the wrong expectations. • Brokers have mixed incentives. • Brokerage owners can mislead potential employees. • Starving brokers may act against a client’s interests. • Etc., etc… What could be done to make the business of selling businesses better? Listen as Zoran and I discuss how EVERY BUSINESS IS SELLABLE, just not necessarily under the terms the seller wants. Watch the video of the interview here: https://youtu.be/fUriKbaQkzk Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business https://www.BusinessBuyerAdvantage.com Learn small business systems https://www.EasySmallBizSystems.com Learn more and join my list at https://www.DavidCBarnett.com Related Article: David and Hugh tackle Small Biz Myths #2 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around employees, HR, hiring, sales systems, partnerships and more. Check it out here: https://youtu.be/pWyZFioNppk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com If you want help with those pesky business systems that were mentioned, go to https://www.EasySmallBizSystems.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com Related Article: ‘Just do a roll up strategy’ I spent some time with a ‘zero-down guru refugee’ a few months ago. They were broke, had no money and had been told that the secret to becoming rich would be a two-step process: 1. Find ‘the right’ deal which could be acquired with no money. 2. Execute a roll up strategy and become an industry consolidator. Great plan. Roll up strategies are real. They’re done by savvy investors. What exactly is it though? That’s the topic of this week’s video: 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Reach JT at [email protected] Learn to sell your business https://www.HowToSellMyOwnBusiness.com Learn to buy a business https://www.BusinessBuyerAdvantage.com Join my email list https://www.DavidCBarnettList.com Blog https://www.DavidCBarnett.com Related Article Buying and Selling restoration businesses JT Kraii from www.ExitStrategies360.com works with restoration companies across North America whose owners want to sell. JT gets into the details of how he ended up working in this niche and the particularities of this specialized construction trade business. Even if you’re not interested in this type of business, the interview will give you an insight into the types of things you need to learn about when exploring an industry you’re not familiar with. Sit back and learn about floods, fires and other disasters and how this leads to earnings for JT’s clients. Also, learn about how the structure of this industry is leading to reduced profits over time. Check out the interview here: https://youtu.be/WZqLpFhDlTo Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list at https://www.DavidCBarnettList.com Learn more at the blog https://www.DavidCBarnett.com related articles: David and Hugh tackle Small Biz Myths #1 This summer I asked viewers to send in small business myths they wanted me to challenge, tackle or otherwise comment on. I had my assistant and Bishop’s University Business student, Hugh, sort them out and we’ve organized them into three different videos. It’s a lot of fun! This week we tackle the myths around hard work, planning, and passion. Check it out here: https://youtu.be/6jRsRi04GFw 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list https://www.DavidCBarnettList.com Learn more on my blog at https://www.DavidCBarnett.com Related Article: The problem of small strategic acquisitions. Shiraz wants to build a portfolio of small businesses run by managers. His problem is that the numbers just don’t seem to work. So how can we figure out how to acquire a good business at a reasonable price to make a good investment? Is it even possible? Let’s take the question apart and consider it from several points of view. Check it out here: https://youtu.be/jmRz4sqFAk4 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Read the report yourself here: https://www.ibba.org/wp-content/uploads/2020/08/marketpulse-q2-2020-summary.pdf Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnett.com Related article: Who CARES about the IBBA Q2 2020 report? I’m not trying to be mean. I mean they left out the likely impact of the US CARES Act on the smallbiz marketplace. This week, I take a look at the Q2 2020 IBBA MarketPulse report and look at what seems to be happening regarding delays, dealflow, pricing and terms being reported by the industry’s most reputable brokers. I also talk about why I don’t think some market predictions have come to pass exactly as, um predicted. Government market manipulation! Regardless of your opinion on what governments have done because of Covid, their actions are certainly having an impact on the market for small businesses. Check it out here: https://youtu.be/w2ggbjCTB9M Learn Business Systems at https://www.EasySmallBizSystems.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn small business systems: https://www.EasySmallBizSystems.com Buy a Business https://www.BusinessBuyerAdvantage.com Get on my list and learn more at https://www.DavidCBarnett.com Related Article: Should entrepreneurs be trying to work less and less? This week I respond to a viewer question about whether he should be trying to work less and less over the course of his career of business ownership. Um, Yes. But how do I know this is possible? How do you do it? Why are most small business owners not doing this? These are the topics of today’s video. Here’s my advice for anyone concerned that they’re working too much in their business: https://youtu.be/46OP1b9bRr0 Learn Business Systems at https://www.EasySmallBizSystems.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Get on my email list at https://www.DavidCBarnettList.com Learn more at https://www.DavidCBarnett.com Related Article: The phone company rep, cable guy and gym owner walk into a bar…. Who doesn’t like to make one sale and get paid over and over again? As a young man, I even considered a career in insurance because of two magical words- recurring revenues. Your insurance agent gets paid every year for the insurance policy you bought a long time ago. Sweet for them! But, do businesses that feature recurring revenues sell for more money than those who don’t? We need to examine the customer journey and ask ourselves- Is the sale really only made once? Recurring revenue may also mean recurring selling. Here’s my advice for anyone dreaming of dinging someone’s credit card each and every month…: https://youtu.be/HYw-bDuBzkc 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Find Rob online here: https://www.evolutioncbs.co.uk/ Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Related Article: Rob’s Secret Formula to Sell a lot of Businesses If you’ve been on my YouTube channel for long, you’ll realize that selling a business is hard and most never find a buyer. How is it then that Rob Goddard’s Evolution CBS is so highly recommended in the UK’s middle market? What is it that Rob does to sell almost all the businesses he has for sale that other brokers do not? He’s tough on the sellers and he only takes the best accounts. Do you think your business would qualify to be one of Rob’s clients? After considering his list, many business owners will realize they’ve got a lot of work to do. Check out the interview here: https://youtu.be/bzjrUZQsCWc Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business at https://www.BusinessBuyerAdvantage.com Learn more and join my list at https://www.DavidCBarnett.com Related Article: Strategies to help you buy a business in another country Going on vacation is exciting. But what if your travels are more permanent in nature? I’ve worked with people… • Moving to Canada to buy businesses. • People moving from America to more tropical places. • Canadians moving to Europe. All of them suffer the same problems. It’s hard to know what you don’t know and when you’re ‘from away’ it’s hard to get trustworthy help to make sure you’re getting the right information. Especially when dealing with foreign legal, government and/or banking issues. Here’s my advice for anyone moving from one country to another to buy a business…: https://youtu.be/_GKwS5O_w6A 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn about the coaching program: https://www.BusinessBuyerAdventure.com Find Centurica https://www.Centurica.com Get more info and join my list at https://www.DavidCBarnett.com Related Article: Due-diligence for online businesses in Covidland. Brian Diener is with Centurica, they’re due-diligence experts for online businesses. I had Brian come to the Business Buyer Advantage group coaching program as July’s guest expert. I wanted to invite him to the main YouTube channel to talk about what they’re seeing in the online business marketplace now that Covid has disrupted business around the world. We also touched upon some of the issues and dangers in having a brick and mortar business pivot to online. Check out the interview here: https://youtu.be/-nRhkZ_fjcI Learn about the coaching program here: https://www.BusinessBuyerAdventure.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

Learn to buy a business https://www.BusinessBuyerAdvantage.com Connect with Clinton Lee at https://www.UKBusinessbrokers.com Related Article: Observing the market of Businesses for Sale Clinton Lee has been involved in buying and selling businesses for DECADES. This UK entrepreneur has built a very interesting business for himself in helping mid-market firms choose the right advisors to sell. I caught up with Clinton because he’s started a neat project of gathering and analyzing the changes to the business for sale listings over time. He’s going to give us some insights into what the data says and how this information can help people become better buyers and sellers. Check out the interview here: https://youtu.be/M1u6s9UTZzs Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

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 working on the business needs to be part of the retirement plan! It may also mean that what you invest the rest of your money in may be quite different than the average saver… because of the private company risk exposure in the business you own. Check out the interview here: https://youtu.be/xUrwKMWP_oc Learn how to sell your own small business at https://www.HowToSellMyOwnBusiness.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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

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 franchise has problems or not?’ I directed the question at Joel and learned a tremendous amount about his experience, why he changed his business model and the types of things you should be doing when trying to understand if a specific franchise system is for you. Now, ready yourself to be in the midst of his majesty, Joel Libava, Franchise King: https://youtu.be/vFJ9nGkiL_k 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

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 did the next best thing, I found one of his past students who explained what it was like to study under Carl. Watch as Carlos and I share our opinions on this topic. Along the way, we mention Gordon Bizar, Carl Allen, Moran Pober, Dan Lok and Dan Pena. Please, please, please if you enjoy this video and my efforts at exposing these schemes like the video and leave a positive comment. I fully expect that they will be making complaints about me to the authorities at YouTube. Watch and learn about Carlos’ experience with these programs and their sales techniques: https://youtu.be/qw08jJsr46s Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com inspired by the fine work of @Mike Winnet and @Coffeezilla ​

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 result of the pandemic. Tune in and see what Shahara has to say about contracts and what she’s seeing amongst her clientele in Texas: https://youtu.be/K7IrcezlI9E 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

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’ll see if ‘Asset Based Lenders’ are truly the answer to getting ‘no-strings attached’ money to buy a business. Watch as I explain how a pizza oven can have many different values depending on what’s happening: 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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com

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 we discuss getting PAID! Your business does the work, but when do you get paid and how do you manage this when crazy things like global pandemics pop up. Surprisingly, he doesn’t suggest hiring Pennywise the clown to make your collection calls! Receivables are an investment your business makes into the business of your customer. How do you know when it’s ok to extend credit and how do you manage being told that the ‘Cheque is in the mail?’ Get a cup of coffee and join Stephen King and I for this interesting conversation about collections: https://youtu.be/u-eBNJD7iO0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com **Now with a new section on buying distressed businesses. Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my videos and other news. Join my email list here: https://www.DavidCBarnettList.com