Thursday, May 25, 2017

I catch fire with John Lee Dumas...

I discuss buying a business as an alternative to starting one and highlight the importance of actually starting and getting into the game of business....  23 minutes.

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Sunday, May 21, 2017

Private loans to community groups- Invest Local Private Deals



Ian has an opportunity to lend money to a not-for-profit community group.  Is this a good idea and what about security, foreclosure, etc?

I’ve had the chance to be involved with a few situations which involved community groups borrowing money, some worked out ok, some did not.

Direct lending can create a great opportunity for returns, but only if you’re prepared for all the things that could go wrong and you’ve prepared yourself properly.

Learn more in this video where I talk about my experiences with community groups borrowing money: https://youtu.be/_OYrCpPW004



Learn how to make money with private loans and leases by reading my 2014 best-selling book, Invest Local, or my taking my online course at www.LocalInvestingCourse.com where you get hours of video tutorials and all the documents and paperwork that I used in my own deals. 30-day guarantee, no risk for you.

Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.

Sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.

If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.


Thank you and I’ll see you next time.

Sunday, May 14, 2017

City Zoning Rules Drama- Don't get distracted from what is important in your Small Business- SmallBiz Management


I’ve heard that you can’t fight city hall.

I’ve never tried.  I believe in keeping light on your feet and moving fast.

When I had a conversation with the owner of a small manufacturer, I was reminded why I often advise businesses to lease property instead of owning.  It gives you more flexibility.

This guy had a problem with zoning and needed help so he could mortgage the building and get operating capital.

My red flags went up and within a few questions I had identified the real problem… one he was working hard to avoid.

As one of my favourite authors, Ayn Rand, once said, ‘you can ignore reality, but you can’t ignore the consequences of ignoring reality.’

Learn more in this story I tell about the businessman so concerned about zoning that he forgot why he was in business: https://youtu.be/lwORvoJ_xeY



Make your business easier to run, more profitable and more easily sold when the day comes by implementing the 13 steps of my Build a Business That People Will Want to Buy System.  Learn more and enroll at www.EasySmallBizSystems.com. 30-day guarantee, no risk for you.

Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.

Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.

If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.

Thank you and I’ll see you next time.

Saturday, May 13, 2017

My audio feed is now on iTunes. Do you listen to podcasts?

Resultado de imagen para itunes logo

If you listen to podcasts on your smartphone, you can now 
follow the audio of my videos and more via iTunes.



If you use another podcast catching app, you can use this RSS feed URL to subscribe to my feed.

Sunday, May 7, 2017

What is debt-service coverage ratio and why does the banker care?



A YouTube viewer asked me, ‘…when my banker says that the business is overpriced and the debt-service coverage ratio doesn’t work, what does it mean and should I just try other banks?’

Basically, bankers are concerned that there is enough cash left after expenses to make their loan payments... plus a little extra for unforeseen expenses. Pretty good idea, eh?

So how can an owner ask so much for a business that there isn’t even enough cash to make the loan payments? I’ve seen it happen over and over and over and over and over again.

Watch and see how this happens and why you need to understand how to spot these bad deals before they waste a bunch of your time and your bankers.

Learn more in this video I made about DSCR.. https://youtu.be/Q1yOzL73zCo



Educate yourself about buying a business before you waste a bunch of your time and money on crappy deals.  Learn more about my online course at www.BusinessBuyerAdvantage.com.

My comprehensive program has been used by hundreds of people who now know how to avoid crappy deals and save their time.  There’s no risk at all for you to enroll as the program comes with a 30 day money-back guarantee.  You can see how my whole buyer system works in this video from a few weeks ago: https://youtu.be/ooixMSaFf6Y

Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.

Look to the left... sign up for my e-mail list.  Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people for who don’t want to hear from me.

**Summer reading special. Get all 4 of my books (Invest Local, Franchise Warnings, Credit Card Advantage and How To Sell My Own Business) for one low price with FREE WORLDWIDE SHIPPING. Just in time for summer.  [Order here]

I’m coming to Toronto on May 10, 2017.  Seats are already filling up.  Find my current and future live events here: http://davidbarnett.eventbrite.ca .    

Thanks and I’ll see you next time.

Wednesday, May 3, 2017