Wednesday, February 24, 2021

Shark Tank Investors vs. your Mom.

 

Shark Tank investors vs. your Mom.

David wanted to know if the investors on TV’s Shark Tank get ‘diluted’ and Apostle wanted to know how to sell shares in his own business.

I answer question #1 and dig into the complexities of question #2 in this week’s video.

Spoiler… Yes, you can likely sell some shares to your mom without worrying too much.

Watch and learn more here: https://youtu.be/SLC0BoL-hOI

Learn how to make a cash flow forecast and business plan at https://www.BizPlanSchool.com

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

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

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Wednesday, February 17, 2021

Does discounting future cash flow really make sense?

 

The gulf between big and small.

Allison wrote to ask about looking at future profits when analyzing a business to buy.

‘Theory,’ she says, ‘talks about reflecting the future.’

What on earth is she talking about?

Does it apply to the world of small businesses?

Watch and learn more here: https://youtu.be/PxTJlj6nC78

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

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

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com  


Wednesday, February 10, 2021

What you really need to know about small business tax returns.

 


What you really need to know about small business tax returns.

Nick is looking to buy a business and wants to know if there is a checkbox on the tax return indicating if it’s good and profitable.

Well, it’s not so easy.

Firstly, the tax folks design the forms for their purposes.

Secondly, the information put into the form may not actually be relevant or correct.

This week I dive into small business financial reporting to uncover what can and cannot be trusted!

Watch and learn more here: https://youtu.be/6_v9wpSTI0Q

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

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

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   


Wednesday, February 3, 2021

Learning Delegation with Barbara Turley.

 

Learning Delegation with Barbara Turley.

Barbara spent an hour with me in the Business Buyer Adventure group discussing how to better hire and manage Virtual Assistants overseas.

Today, she’s joining all of us in discussing how to better delegate roles and tasks to employees.

What do employees want?

How do we allow new employees to feel like they’re fitting in?

How can we help make sure new employees are able to properly integrate into our businesses so that they can achieve their best outcomes?

Watch and learn more here: https://youtu.be/2_pPrttzDtQ


Find Barbara online at https://www.TheVirtualHub.com/DCB

Maybe you should be in the coaching program too? Learn more at https://www.BusinessBuyerAdventure.com

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

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

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   


Wednesday, January 27, 2021

When to bring private investors into your small business.

 


When is the right time to bring private investors into a deal?

It’s the 11th hour, the banker says you’ll be coming up short.

Is now the time to call Cousin Larry, Auntie Bertha or your old work buddy Pete?

I meet lots of people who believe that they’ll line up investors for a deal when they need the cash.

This is not the time to be finding investors.

The time to find them is when you hold the cards and you can take them on a lifelong journey to help you grow while they earn great returns.

Watch and learn more here: https://youtu.be/HJ2b9MsXSCI


Learn to do cash flow forecasts and build business plans at https://www.BizPlanSchool.com

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

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

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   


Wednesday, January 20, 2021

Everything you wanted to know about Unsellable Businesses.

 


Chip wants to know how a business can be ‘unsellable?’

Wouldn’t every business have a price, even if it’s just $5 and cab fare?

Sure, but is that really a business or a bunch of assets being sold at a discount.

This week, I dive into how I may use certain words differently than new viewers and why there are indeed businesses that could likely never be sold.

Watch and learn more here: https://youtu.be/3z5rJKFf5-A


Learn to do cash flow forecasts and build business plans at
https://www.BizPlanSchool.com

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

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

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   


Wednesday, January 13, 2021

Ways to get Investment into a Small Business.

 


What are all the ways to get investment into your small business?

A comment from a YouTube viewer asked me to summarize all the ways you can get investments into a small business.

Big Task!

But, by considering it systematically, we can examine the different possibilities of how funds from an investor can enter a business to fund the things an owner needs.

Watch and learn more here: https://youtu.be/K_y2ihtc95k



Learn to do cash flow forecasts and build business plans at https://www.BizPlanSchool.com

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

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

Did someone forward this email to you? Join my email list here: https://www.DavidCBarnettList.com   


Wednesday, January 6, 2021

Can you cash-out refi a small business like a house?


Can you do a cash-out refi on a business like a house?

Jason Born asks if you can refinance to take cash out of a business like you can with a house?

Good question, especially if a business owner needs to get their hands on some money.

Bankers tend not to like seeing people remove the proceeds of loans being removed from the business.

However, you may be able to do an asset juggle with new financings that might work.

Changing terms of sale though, might be the easiest way to generate more cash.

Watch and learn more here: https://youtu.be/EBGiloDerZ4



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

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

Did someone forward this email to you? Join my email list here: https://www.DavidCBarnettList.com