Story of Mrs. Wilson

 

Was Mrs. Wilson a conwoman or just ill?

Tune in today to hear the amazing story of how a bounced cheque helped me save some strangers $100,000 or more.

But, more importantly, how can the story help to protect you from losing money.

Watch here now: https://youtu.be/zS0eDvlzXoY 

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0 

Live - Immigrating to Canada as an entrepreneur.

 

New Livestream guest- Evelyn L. Ackah https://ackahlaw.com/

I’m happy to have Evelyn join me on a live broadcast from her Calgary, Alberta Headquarters. Evelyn has been practicing law in the area of immigration since 2010 helping people come to Canada and helping Canadians work and live in the US. Tune in and as we’ll be discussing how people can use entrepreneurship and business acquisition as a way to move legally to Canada. Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/...

If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com

and find more great shows and conversations.

2023 Audience Survey Results and Winners!

 

Who do you think listens/watches David online?

Earnings, Age, Education…

I cover it all and let you know about the experience and intentions of your fellow viewers.

It’s truly fascinating data.

Watch here now: https://youtu.be/1WBZ1D7sM4E 

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0 

2023 SBA 7a Changes are EVIL?

 

Evil is a strong word.

Most people who follow me are interested in learning how to buy a business and find deals.

These new rules may appear to make it easier to pay for a business, but when you examine them, it’s not necessarily anything ‘good’ for a buyer.

So, if something isn’t ‘good,’ does that make it ‘evil?’

Depends on your take.

If you’re in the market for a US business, these changes WILL DEFINITELY have an impact on what you’ll see.

Watch here now: https://youtu.be/wwUyQ-ePXk4 

Asset vs Share explainer video: https://youtu.be/HgDLgwbXgj0 

Is 90% SBA financing a good idea video: https://youtu.be/-ocQGY2LuGE 

Lies about ROI video: https://youtu.be/74ISnsgtwlM 

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

If your business is struggling to pay off high interest debts and you need help, check out this program from Bardwell Creative. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba Learn more about how you can successfully negotiate your way out of high-cost debts without going to court by watching my interview with Kenny Butler: https://youtube.com/live/-t7W2CVWuy0

Broker roadblocks when asking about a business for sale

 

How the buyer/seller/broker interaction really should go…

So, you inquire about a business for sale and then are asked for an NDA.

Once you sign, they send over the information package.

That’s how it goes right?

No, not with brokers who know what they’re doing…

Watch here now: https://youtu.be/HiM4HfwVnQE 

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

ONE CASHFLOW CALCULATION THAT COULD MAKE OR BREAK YOUR BUSINESS

SDE is essentially the business’ EBITDA plus the salary of the operator/manager (just one, not multiple salaries, Barnett emphasized). When you sell a small business, the selling price will be determined as a multiple of EBITDA if it’s a larger business or SDE if it’s a smaller one. The larger the business, the larger the multiple because larger businesses are generally less risky. When the EBITDA exceeds $500,000, SDE should become irrelevant. SDE is useful in smaller deals because the buyer needs to quantify the value of their labour as part of the investment they’re making.

Read the full Blog below:

ONE CASHFLOW CALCULATION THAT COULD MAKE OR BREAK YOUR BUSINESS

Are you being sabotaged

 

Jon found this war-time list and I wanted to share it with you because these bad actors will find their way into your business one day.

You need to spot the behaviours and stop them fast.

Watch here now: https://youtu.be/H-KRc8x5iTA 

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com