Friday, November 16, 2018

November update on the Business Buyer Adventure Group



Hi,

Welcome to the Business Buying Jungle.

Our intrepid group of adventurers is having a frustrating time hacking through the obstacles laid out by un-motivated sellers, distracted business brokers and reluctant bankers.

It’s not all bad.  As you’ll see in the update video, our troupe of explorers has received some reinforcements from Florida and Massachusetts and we’ve gotten some amazing advice from some real experts.

In case you don’t know, Business Buyer Adventure is a group coaching program for people who want help and support in their task of locating and buying a profitable business.




The program is only $159/m but the price is increasing December 1st and January 1st until it reaches $189/m so you can save if you enroll today.  The price you pay when you sign up is locked in forever.

Join the group.  Meet others like you. Join us on our group calls and learn from other member’s deals.


Thursday, November 15, 2018

Friday, November 9, 2018

Deliciously Juicy Seller Financing Insight from a Wonderful Waterfront Steakhouse


--> November 23, I’ll be in Toronto.  Come See Me.

Hi there,

I talk a lot in my videos and articles about seller financing when buying a business.  Rarely do we get to hear of actual stories of deal structure because of the secrecy that surrounds most deals.

Today, I’m looking at the fallout of a restaurant sale that went bad.

Too bad for the steakhouse, but now we get to learn some of the details of how this business was transferred.

There’s an especially juicy morsel here about personal guarantees too.  It’s a medium-rare learning opportunity.

Also, if you don’t live in the Maritimes, you’ll get to learn what a donair is.  It’s delicious.

Watch the video here: https://youtu.be/2he-2rU4JIQ



Learn how to buy your own business at https://www.businessbuyeradvantage.com/

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, November 2, 2018

Vikram Rajan and I discuss content marketing for small business- How to Buy a Business


รจ November 23, I’ll be in Toronto.  Come See Me.

Hi there,

How does one cut through the noise online and actually build a relationship with customers to grow a business? 

I do it through content marketing and this week we’re going to take a peek under the hood of how a business like mine works.

You’re on this list because you either want to buy or sell a business. 

Learning how to sell more would be useful for your current or future business, so this week I had Vik Rajan on to talk about his business and how he helps make content marketing easier.

No, it’s not a 30-minute ad.  We mostly discuss the strategy of being active online and how good old-fashioned common sense should be the foundation of an online marketing strategy.

Watch the video here: https://youtu.be/zvAI-SnpiRo



Learn how to buy your own business at www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, October 26, 2018

Flights of opportunity for this business buyer- How To Buy a Business


Hi,

Let me tell you what’s been going on in the Business Buyer Adventure group this month.

It’s a group coaching program for people who want help and support in their task of locating and buying a profitable business.

Wow- We have a member who hit it off with a seller over the phone and is on his way to fly to meet in person.  Can’t wait to hear what happens next.

All of the members are making progress towards their goals.  From arranging financing, selling unused assets to raise cash, to doing more training, to sending out invitations to target businesses.  Things are moving.

The month we also learned about how networking in the last place you can imagine led to a lead about a business for sale which was not advertised yet.

On the expert call front, we’ve had a chat with Rick Nicholson about what he looks for in a restaurant he wants to buy.  Rick owns several locations which are run by managers that he oversees.

Next month we’ve got Henry Lopez coming.  Henry is the owner of a car wash and frozen yogurt store and we’re discussing the topic of motivating low-wage employees.




The program is only $147/m but the price is increasing November 1st, December 1st and January 1st until it reaches $189/m so you can save if you enroll today.  The price you pay when you sign up is locked in forever.

Join the group.  Meet others like you. Join us on our group calls and learn from other member’s deals.





Friday, October 19, 2018

Get more money when you sell your business by being flexible. Watch...



Hi,

Are you a business owner who wants to maximize the amount of money you receive from selling your business?

Maybe you should try not to get paid on closing day.

That’s what Ian did on Prince Edward Island.

He got a higher price for his business, sold to a qualified operator, got a share sale -AND- is earning all the profit the bank would have.

Hear his story and see how it might work for you -AND- the person buying the business.

Watch the video here: https://youtu.be/MbRODibohc0



Learn how to sell your own business at www.HowToSellMyOwnBusiness.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, October 12, 2018

Predicting Business Loan Decisions- Interview with John Matheson- How to get a business loan




Hi,

If you’re a business person, you know how you hate surprises when it comes to money.

What if you need a business loan?  Do you know what the banker will say?

It’s the uncertainty that drives some people nuts, especially if they’re under a time crunch.

This is why I invited John Matheson to come onto my YouTube channel to talk about his software which translates small business numbers into banker language.

If you think you’re going to want to borrow from a bank or even private investors you’ll find this conversation interesting.

Watch the video here: https://youtu.be/y0fOl0LeHaY



Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, October 5, 2018

FREE money from the government Part 2- How to buy a business


Hi there,

Several months ago, I made a video about getting FREE money from the government to buy a business.

I talked about my own experience in trying to get these funds for myself and clients.

This week, I’m going to show you some of the websites sent in by viewers who’ve found some very generous government offerings out there.

Like free castles.

Would you like to have a castle?

Let’s talk about the motivations behind these offers and look at some of the fun and interesting small business grants that some quick web searching can turn up.

Watch the video here: https://youtu.be/eM4z3MHS96I



Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

I just got back from climbing up Mt. Kilimanjaro in Africa.  Book your own adventure by calling Marlin Travel at 506-778-8345.  Also, Natalie is taking a bunch of people to Ireland in April for 10 days which will also be fun, you should join us.  I’ve not yet kissed the blarney stone.


Friday, September 28, 2018

4 things climbing Mt. Kilimanjaro has reminded me about business.


Last week I was standing on the roof of Africa.


Me and 7 other adventurers trekked up over 19,000 feet to brave the thin air and see the clouds from the other side.

While doing the journey and fighting the low oxygen, lack of appetite, lack of sleep, etc, I had time to reflect on some of the things my journey was teaching me about small business.

Watch and hear the tale of my trip and the 4 things that business owners should take away from my experience: https://youtu.be/SFqDIWx69fk



Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

Book a call with me at www.clarity.fm/davidbarnett

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Book you own trip to Kilimanjaro by calling Marlin Travel at 506-778-8345.  Tell them you want the trip David Barnett did.


Friday, September 21, 2018

What, precisely, do the people of Hanwell, New Brunswick think of me?


The verdict is in… find out what the good people of Hanwell, New Brunswick thought of my presentation on September 13th.

Also, I had another Hunt Club meeting and I know you’ll love to hear about the progress the members are making toward buying their own successful business.

Watch the video here: https://youtu.be/Ks8prCOswDc



Sign up to learn how to buy a business using my online course and group coaching program here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, September 14, 2018

It's only a little bit rusty… It still runs good!



What happens when a business owner doesn’t make the necessary re-investment in equipment and machinery?

What does it say to potential buyers and how should buyers look at the business when it comes down to figuring out what they’re willing to pay.

We all know that businesses need things to work, why do the cost of things sometimes not get considered in the cash flow and valuation?

Let me answer some of these questions for you in my latest video.  You may appreciate a recent investment I have just made as well.

Watch the video here: https://youtu.be/snRHvwWDBEs



Sign up to learn how to buy a business here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book Franchise Warnings: What you really need to know before you buy for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, September 7, 2018

The future of empty retail space and a peek at my new undies.


What insight do mice give us into the future of all that empty retail space out there?


The legacy of Amazon could be a bunch of mazes…

Check out some of my vacation pictures and I’ll show you what I think you’ll soon find down at the old Sears location.

I’ll also show you my new underwear…

Watch the video here: https://youtu.be/NLUI98e-d9E



Let me help you sell your business. www.HowToSellMyOwnBusiness.com


Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb


Friday, August 31, 2018

Blank price-tag headaches. Buying a Business with no asking price.



Warren Buffet said, ‘If you want me to buy something, put a price on it.’

-or- maybe it was Colonel Sanders.

Not sure.

But what I am sure of is that the last few businesses that I’ve investigated for clients that had no asking price weren’t worth the investment in the tangible goods.

That’s right… these were businesses that should have been destined for the auction block but are somehow being promoted as your big opportunity.

Maybe some of them are?

Watch the video here: https://youtu.be/tBLUQ8nI9tQ



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 24, 2018

What do Enron and the local gas station have in common? Off-Balance sheet financing...



What does Enron and the local gas station have in common?

Off-Balance Sheet financing.

Seriously.  Learn how to look for instances of this little trick and how it can make a business look better or worse when preparing for a transaction.

Fun and excitement right here: https://youtu.be/PNGKaRg9uWU



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 17, 2018

August Adventurers are Achieving Acquisition Accolades (Alliteration Bonus!)



Hi,
How’s your summer going?  Are you still working hard to realize your dream of business ownership?
Watch as I recap the month in my Business Buyer Adventure program.
We’ve had members make offers on businesses, we’ve seen members gather hundreds of suspect names and we’ve had members in far-off lands customize some of the materials for their home markets.
Next month members will get to see my interview with Artie who used the Business Buyer Advantage course materials to successfully buy two small businesses.
We’ll also be analyzing an offer that I made on a local business here in New Brunswick.
Watch me talk about it here: https://youtu.be/mAHjBobTNUs


Learn more and sign yourself up at www.BusinessBuyerAdvantage.com

Friday, August 10, 2018

How much for that business with just one customer?



I have a riddle for you--

What do you call a business with 100% dependency on one customer who can end the relationship at any time and who can arbitrarily change the rules and hold you to a high standard -AND- limit your ability to seek other customers?

A FedEx route.

Climb aboard this big rig and let me tell you what I think about these businesses here: https://youtu.be/lp6OB_8yRYI



I think you can buy them, BTW.  You just have to be wise about how you manage the risk.

Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 3, 2018

How do you measure returns with alphabet soup? How to Buy a Business


Investors and business people are always talking about returns…

Trouble arises when you get your words mixed up.  It can lead to confusion.

Watch as I show the difference between Return on Investment, Return on Equity and Return on Capital Employed.

Fun and excitement right here: https://youtu.be/2F_ISspasTw



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com 

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, July 27, 2018

Can sleight of hand make other people's money look like equity? How to Buy a Business


What the heck is mezzanine financing and how can you use it to buy a business?
This week Joe asked me about mezzanine financing.

I’ll take you through a sample balance sheet, bore you with details about debt to equity ratios then excite you with the fun details of how these deals work.

Mezzanine financing is the quirky joke-telling offspring of debt and equity that people like to have around because he’s often confused for equity. 

The problem is he can be quite the joker and often has a nasty temper.

Confused yet?  That’s the point.  Let me show you how this financial sleight of hand is used to help make other lenders make loans.




Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

The new Business Buyer Adventure group coaching program is up and running. Take advantage of the special founder’s deal.  There are only 4 discounts left!!: https://gum.co/BizBuyerAdventure/Launchdeal

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, July 20, 2018

Watch as Natalie earns a 10.3% return on her smallbiz spending


Hi,
Has anyone ever told you to ‘go take a hike?’
Well this weekend that’s just what I’m doing and it won’t cost much because of a smart credit card choice.
Natalie and I will be flying to Gros Morne National Park to hike the tallest peak in Atlantic Canada in preparation for our trip to Mt. Kilimanjaro in September.
What this represents though is a 10.3% dividend on the spending in Natalie’s business.
These are the advantages that come to those who own businesses!
Watch me explain it here: https://youtu.be/8drVdPfxTcA



Get yourself a copy of Credit Card Advantage from Amazon.com, Amazon.ca or as a .pdf here**Also available on audio from Audible, Amazon and iTunes.

Learn to buy a business at www.BusinessBuyerAdvantage.com