Friday, February 27, 2015

New book out soon- Franchise Warnings

I'm pleased to let everyone know that 'Franchise Warnings' has gone through its final edit.  It should be available for sale in the coming weeks.

The book is based on the knowledge that I've acquired in my years as a small business consultant and business broker when it comes to franchises and franchisees.

I've sold new franchises, sold existing franchises, helped my buyers buy franchises and given advice to franchisors.  You'll be surprised to learn what I know.  The book is filled with first-hand accounts and stories from people who've been franchisees.

I will be doing a pre-order sale next week for those of you who follow the blog.

Stay tuned.

Wednesday, February 25, 2015

Get all the money you want for your business without stealing it- CANADIAN EDITION

I was corresponding via e-mail yesterday with Ted J. Leverette.  Ted is the mind behind the Partner On Call network.  A professional consulting system which trains people on how to run a business helping people buy small and medium sized businesses.

We were discussing his new book that will be hitting Amazon in a few weeks, its about the do's and don'ts of buying a small or medium sized business.  He promised to let me review a copy when it's almost ready for print. (stay tuned for a review on this blog)

Back in 2010 when I was still a business broker I worked on Canadianizing Ted's amazing book, 'How To Get ALL the Money You Want for Your Business Without Stealing It.'

If any of you are looking for money to start, expand or buy a business, this book is a fantastic resource and tackles all sources of money:

  • Debt
  • Equity
  • Internal Financing
  • Finding investor money


Definitely worth a read.  Buy the Canadian edition by clicking [THIS LINK].


Monday, February 23, 2015

Awesome 4 part report on buying a small business

Ted Leverette's Partner On Call network is one of the oldest buyer-side consulting firms which helps people find and buy a small business the right way.

He recently published a 4 part report on the most common problems encountered by small business buyers.

[Check it out here]

Friday, February 20, 2015

[VIDEO] David tries to buy a surplus military house, Moncton, NB

Over 70 homes are up for sale in a sealed-tender process near my home in Moncton, NB.  This is a once-in-a-lifetime opportunity to get a great deal on a house in a great area of town near my kids school and my ex.

Watch and learn about the houses and my strategy...




The Invest Local Book blog is all about small business, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.


Tuesday, February 17, 2015

Monday, February 16, 2015

Snow Day

Wow, another 54cm of snow fell yesterday and last night.  The city is closed for the day to help get cleaned up.  It allowed me to get some things done:

  1. Finished my new book, Franchise Warnings, and got it off to the editor
  2. Did another great interview with Kerry Lutz of the Financial Survival Network
  3. Finish taking care of the details on the military housing being liquidated in my neighbourhood.


I'll post the Kerry Lutz interview when it hits YouTube.  Also, I'm making a video outlining my strategy for the houses being put up for sale and I'll release it after the bid submission deadline (since I know I've got a lot of local readers.)

cheers

Dave

Friday, February 13, 2015

The beginning of the end for the Post-Secondary Education Industry

I'm on record many times over for saying publicly that I believe that in 2025 half the universities in the world will be closed and bankrupt.  Education is moving online and people are slowly becoming aware that they don't have to take on huge debts in order to learn something.

Gathering people together in order to transmit information verbally is a 5000 year old technology.  The only reason its still around is because governments subsidize the bill by funding universities and providing loans to students.

The fact is, you can learn what you need to for FREE.

Visit this site: http://www.nopaymba.com/ and learn about one woman's journey to replicate an Ivy League MBA program for free online with class content from... Ivy League schools for the most part.  All free.


"If everything goes according to plan, Laurie Pickard will earn her MBA in three years for less than $1,000. She'll take classes from Harvard, Wharton, and Yale, among other top-tier schools. And she'll tackle it all while keeping her full-time job. She'll accomplish all of this from Kigali, Rwanda. It sounds too good to be true. But Pickard, 32, is determined to pull it off. If successful, she'll arguably be the first person in the world to cobble together an MBA program from massive open online courses (MOOCs), free or low-cost classes accessible to anyone with Internet access."
-"An MBA for less than $1000," CNN Money/Fortune, January 14 2014


Tuesday, February 10, 2015

Big home liquidation near me, let's see if I can get a good deal on a house.

Two blocks from where I live 79 homes are going up for sale in a sealed tender bidding process.  The Canadian Armed Forces closed their base here in Moncton last year and these homes are in my neighbourhood and many have been vacant for years.

The government set the stage two weeks ago by offering the first 13 homes for sale via a Realtor.  The asking prices ranged from $74,900 for a semi-detached to a high of $86,000 for a 4 bedroom, two storey brick facade house.

If you've read my book, Invest Local, (and you should, of course) you'll know that I'm not the biggest fan of real estate as an investment.  I am considering buying one of these houses for several reasons:

  1. They are in the neighbourhood where my kids school is and my ex lives.
  2. They are cheap.
  3. I know I want to live in this neighbourhood for at least another 10 years.
  4. They are cheap.
  5. The mortgage payment along with other expenses that are currently included in my rent may be lower than what I pay to rent so it may improve my monthly cash flow situation.
  6. The starter-home market in Moncton is slow so they are being offered CHEAP.


Here's a link to a news article about them:
http://www.cbc.ca/news/canada/new-brunswick/moncton-s-acadia-park-surplus-military-houses-go-up-for-sale-1.2932171

Let's see what happens.  I'll post some video of the homes early next week, also you'll be able to see more snow!!  (this photo is clearly not recent!)

All levels of government had four months to express interest in the Acadia Park properties, however only one federal agency came forward.

Tuesday, February 3, 2015

That's a lot of snow

I just thought I'd share this with my southern readers.

Last Tuesday we got a blizzard which closed schools, government offices and most businesses.

Saturday we got another storm.

Overnight last night another storm which gave us another 40 cm of snow and today schools, government and many businesses are closed.

Now they're forecasting another 30 cm of snow for Thursday.

I'm glad I don't have to shovel it.

This picture is not a snow bank, the entire front yard is that deep with snow... and more on the way.

cheers.