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

Friday, July 13, 2018

What did you do to buy a business this month?- How to Buy a Business




Hi,
Last month I launched my new Group Coaching program for people wanting to buy a successful business.
So far, we’ve had group calls, set goals, met some of the members, had some experts in to join us, and more.
Watch me talk about it here: https://youtu.be/BupZd9TQlws


If you want to be part of a team that is serious about buying a business, then take advantage of the launch deal.  Only the next 5 users will get the discount.


Friday, July 6, 2018

Do the frustrations, anxiety and stress of business make it worth it?


Hi there,


I received this question via email…

Running your own business brings added stresses, frustrations and anxieties.  what are the pluses you get from handling those negatives- John

Well, John, if your idea of running a business is all about bad stuff, then I don’t think you’re doing it right.

This week I recount all the reasons why I love to be in business for myself and talk about the most common thing I see that brings people anxiety and stress.




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 this special founder’s deal in the first two weeks of enrollment: 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, June 29, 2018

Collect your cash from the Florida beach while you minions toil.



Hi there,


Would you like to own a business where the seller only visits occasionally or checks in via phone from his Florida condo?

I bet we all would.

Do you know what you don’t see though? 

That owner has something you may not and without a careful inspection, your dream of being an absent owner can become a nightmare especially if something happens to that manager.

I’ve had several people reach out to me about ‘absentee owner opportunities’ and I wanted to share a few thoughts about how some businesses are able to operate with managers.




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 this special founder’s deal in the first two weeks of enrollment: 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, June 22, 2018

New Program to Help You Buy a Small Business



Hi,
As you may realize, I put together a year-long group coaching program to help people execute on the actual work involved in finding and buying a business at the end of 2017.
Some of the things I learned about that were:
1. People wanted the flexibility to start the group program whenever they wanted.
2. People didn't like the fixed length of the program.
3. People did like the fact that they would be working with other buyers.
4. People did like the fact that they would get more time with me and an inside look at their deals and those of the group members.

Here's what I've done...
I'm launching a new program called Business Buyer Adventure.
Watch me talk about it here: https://youtu.be/6MfXMWUP7_w



Get it? It's like an expedition or mission to use the talents and skills taught in Business Buyer Advantage and we go on this journey together.
One of the cornerstones of the Business Buyer Adventure program is The Next Step Preparation program.
Basically, The Next Step materials allow new members to catch up before joining our hunting party in the jungle.  
So, this new program incorporates this long-established self-coaching prep program within it and once you've done that, you can join the group accountability calls to keep you on track with the actions you need for success.

Now, here's what's important to you as a person who may wish to buy a business:
1. There is a 'founder special' for people who join the Adventure program in its' first few weeks.
2. This is a great deal since the regular price of the program is only USD$147/mo which is my hourly one-on-one consulting rate and you'll enjoy several hours of new content each month.
If you lock in this special deal, the price you pay now will continue FOREVER.  Even if you stay in for years.  The discount you're offered here today can even be compounded on the annual purchase which further reduces the cost of joining.

If you decide to join the Adventure, then use this link to buy it as it will give a special price in the first two weeks.
Learn More--Click it now to go to the product page where you can see a video which describes all the different information and community features of Business Buyer Adventure.

Friday, June 15, 2018

What kind of fuel goes in your George Jetson Flying Car?


Hi there,


Do you know what one of the neat things was about my recent trip to Europe? 

Many of the companions along for the trip were business owners and entrepreneurs.

It allowed for a lot of great conversations about the changes that are fast approaching in the world of business.

How will cities change with self-driving cars?  How will real estate prices change with more telecommuting and virtual tele-presence?

Listen to some of the opinions I heard from people who have chosen to get out of business..

Watch and learn: https://youtu.be/2gdoI_KGSOU



Learn how to sell your own business and not pay a broker’s commission.  Enroll here: www.HowToSellMyOwnBusiness.com

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

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

Friday, June 8, 2018

What is the collateral for a seller-financing note (VTB) ??



Hey everyone! 

Natalie and I just got back from an amazing trip to Croatia and Montenegro.  While there, one of my Balkan viewers, Tomo, submitted a question:

What serves as the collateral on a seller-financing note when buying a business?
Great question Tomo!

It’s exactly the same situation as when we buy a house or car.  It’s the thing we get that serves as collateral; The business.

So, why exactly, do so many sellers try to get buyers to pledge something else to be the collateral?

Watch and learn: https://youtu.be/CzbU6DCLsVo



Learn how to sell your own business and not pay a broker’s commission.  Enroll here: www.HowToSellMyOwnBusiness.com

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

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

Friday, June 1, 2018

Before the Exit- Vacation book review about selling your business


Hi there,


I’m writing you today from Split, Croatia.  The county is called Dalmatia.  This means the local people call themselves Dalmatians.  True thing!

While I was on one of my plane rides to get here, I took the time to read the new Kindle e-book; Before the Exit by Dan Andrews.

What an interesting personal story of going through his own business sale and the interactions with buyers, brokers and other professionals.

Dan explores the emotional side of selling a business and proposes a series of thought experiments that business owners should go through before making the decision to sell.

I’ve added it to my list of recommended books that you can find here: http://www.investlocalbook.com/p/usa-store.html

Listen to my full book review here: https://youtu.be/Kd3cSPMAcGE



Learn how to sell your own business and not pay a broker’s commission.  Enroll here: www.HowToSellMyOwnBusiness.com

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

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

Friday, May 25, 2018

Millennial Meltdown- Young Business Owner throws in the towel- Who's gonna save her?



Hi,

This week I spoke to a young woman in crisis! 

The problem? She was expected to be responsible and fix problems for her customers.  EEE-Gawd!

Seriously, this Millennial entrepreneur has realized that she doesn’t want anything to do with owning a business.

What are her options?  Is her barely-born business a saleable asset?

Also, (and more importantly) why doesn’t she already know the potential buyer of her customer list?




Three weeks ago in Las Vegas, I spoke about business promissory notes from the point of view of an investor who may wish to buy one.

I made a bootleg recording and for the month of May only it is included as a special bonus in my online exit-planning course.  Enroll here: www.HowToSellMyOwnBusiness.com

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

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

May 28th I’m in Toronto- Get your tickets today for a live or virtual attendance- Eventbrite.com