Wednesday, September 23, 2020

The magic of a roll up strategy- How to Buy a Business

 


‘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: https://youtu.be/i_4_shRzEsQ



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   

 


Wednesday, September 16, 2020

Buying and selling restoration businesses with expert Guest JT Kraai

 


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   

 


Wednesday, September 9, 2020

Myths about small business #1. How valid are cliches about business?

 



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   

 


Wednesday, September 2, 2020

Investing in small businesses while keeping your job. How to Buy a Business.

 

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   

 


Wednesday, August 26, 2020

Q2 2020 IBBA Report video- What's the Covid SmallBiz market like?

 


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   

 


Wednesday, August 19, 2020

Should business owners be trying to work less and less? How to Manage a Small Business to sell

 


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   

 


Wednesday, August 12, 2020

Do subscription businesses with recurring billing actually sell for more?

 


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