Wednesday, April 14, 2021

Outsourcing your way to a sale?

 

Outsourcing your way to a sale.

Alan was watching my live interview about Minimalism with Aaron Clarey and sent in a question about outsourcing.

What if you outsourced absolutely everything? Would you still have a business to sell?

Learn the answer to this question and more in this week’s video: https://youtu.be/q9NoUwiGa6E


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   


Monday, April 12, 2021

I appear on the Wealth Secrets podcast to talk about making private loans and leases to small businesses.

Listen to Sean and I talk about local investing, why small businesses struggle with financing, and the future of local investing on the Wealth Secrets podcast.


Friday, April 9, 2021

I return back on My Worst Investment Ever to talk about common mistakes I see people make when trying to buy a business.

I had a lot of fun appearing on Andrew Stotz podcast talking about my book, 21 Stupid Things People Do When Trying to Buy a Business and how you can learn to avoid those awful novice mistakes.





Wednesday, April 7, 2021

Get a job or chase a no-money deal?

 

Broke Phil wants David’s career advice.

Phil was watching my interview with Carlos about no-money-down courses offered online and wanted to reach out about taking Dan Pena’s course.

Phil is out of work because of covid rules and thinks buying a business might be the solution to his troubles.

Do people really buy businesses to solve their problems?

I’ll explore this as well as give Phil some practical advice to start building a more solid financial foundation that might one day lead to business ownership.

Learn the answer to this question and more in this week’s video: https://youtu.be/nBoNclTg3nE


Find all the videos and articles about buying a business with no money over at https://www.investlocalbook.com/p/buy-business-with-no-money.html

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, March 31, 2021

Warren Buffet & David duel over Depreciation

 

The difference between one truck and 500.

Dan was watching an old video of mine about valuing small businesses and posed a question about something Warren Buffet says.

Basically, Buffet doesn’t like EBITDA valuations because he doesn’t believe that little fairies will pay for the equipment and machinery used in a business.

But, as I teach in this week’s video… the depreciation figure you see on the paper is NOT the way to ward off the magic fairies…

Learn the answer to this question and more in this week’s video: https://youtu.be/_S2m1dieX6w


Learn how to be amazing at creating cash flow forecasts and business plans by enrolling in the David C Barnett’s Cash Flow Forecasting and Business Plan Writing program here: 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, March 24, 2021

Buying a Client List vs. a Business

 

Buying a Client List vs. a Business.

I received a message from Kim Kardashiann on this old video from 2015.

What if instead of buying a business, you just want to buy the list?

How do you put a price on that?

Well, just like in pricing a business, it depends on the certainty of the cash flow under your stewardship.

As you get into riskier and riskier lists, ownership may not even make sense.

But, there is another way to profit from them.

Listen as I explain this thinking to Kim in this week’s video: https://youtu.be/nkqQBn6DZSE


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, March 17, 2021

Hey Mr. Broker, can you share your paycheque with me?

 

Hey Mr. Broker, can you share your paycheque with me?

Sujit was watching my video about small business tax returns and financial statements and wanted to know if it would be reasonable to ask a business broker for a realtor-type deal…

Like 50% cash back on his commission!

There are important differences between what business brokers and realtors do.

Please don’t confuse them. Realtors should not be selling businesses as I explain in this oldie- https://youtu.be/s9HkiHiiEB0

Now, what about Sujit and his 50% discount… is that a doable thing?

Learn the answer to this question and more in this week’s video: https://youtu.be/jDdxBzjEffg

Learn how to borrow money from your business broker here: https://gum.co/BorrowFromBrokers

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