Wednesday, May 27, 2020

Managing collections and getting paid with Stephen King. Manage your SME.


The cheque is in the mail…

Today I’m joined by Stephen King from https://www.growthforce.com/

Stephen has a varied background in business and accounting and works with SMEs on providing services and information to help them run a better business.

Today we discuss getting PAID!

Your business does the work, but when do you get paid and how do you manage this when crazy things like global pandemics pop up.

Surprisingly, he doesn’t suggest hiring Pennywise the clown to make your collection calls!

Receivables are an investment your business makes into the business of your customer.

How do you know when it’s ok to extend credit and how do you manage being told that the ‘Cheque is in the mail?’

Get a cup of coffee and join Stephen King and I for this interesting conversation about collections: https://youtu.be/u-eBNJD7iO0



Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

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, May 20, 2020

Riches in the niches- How to make lots of money without competitors noticing.



Riches in the Niches…

What’s the difference between a product niche and a market niche?

In this video, I explain how not all highly specialized niches are attractive and what to look for if you’re trying to make boatloads of money while dodging competitors.

Also, it’s the last video that I made before the barbers closed.  


All future videos will feature ‘shaggy-haired Dave’ until covid restrictions ease up.

Sneak on over to this barely-visible market niche and watch the video:  https://youtu.be/40o5-3qzny0  

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   

Make the systems in your business better. https://www.EasySmallBizSystems.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, May 13, 2020

Raising funding from Family Offices with Richard Wilson- How to Buy a Business


The real ‘Rich Uncle Albert’

Maybe you’ve heard this story before.

A business buyer doesn’t have enough cash to do a deal on a great acquisition opportunity and so he needs to go and ask Rich Uncle Albert for help.

We don’t all have a rich uncle, but maybe we can meet someone just as useful in doing a business deal.

This week I talk with Richard Wilson from FamilyOffices.com about the types of investor that his organization caters to.

We also discuss what these folks are saying about the #CovidRecession.

Listen in as Richard and I discuss his wealthy private investor organization and what these rich folks really look for in a deal: https://youtu.be/e-0uDhNRNiE



Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

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, May 6, 2020

Zombie Businesses, Zombie Capital, Dead Capital walking around- Business Valuation


Zombies coming out of your financial analysis…


Any good business buyer will spend time analyzing the financials of the business they are considering.

What happens when the cash flow produced by the business is really low, but the business contains assets clearly worth more money as used equipment?

Can a business like this really be worth 8X, 10X or 12X EBITDA?

This is another way to identify dead capital (or zombie capital) in a post-apocalyptically re-animated Corpus Corporate.

Grab you tomahawk and chainsaw and help me fight off the zombies in this new video:  https://youtu.be/IQTucDC4NsY



Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

Learn to sell a business at https://www.HowToSellMyOwnBusiness.com

Take some time to organize your business properly https://www.EasySmallBizSystems.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