Remove burdensome debt when buying a business (USA) UCC Article 9

Using UCC article 9 to wipe debts away

This week’s interview is going to be valuable for American business owners and business buyers.

I interview debt-workout expert Kenny Butler from Bardwell Creative.

He helps businesses deal with burdensome debt and today he’s going to explain to us two things:

1         **The evils of Merchant Cash Advances

2     **How a business with too many debts may still be a good business to buy and how those debts can disappear!

The best thing is, Kenny will teach us about a non-judicial process which means that lawyers and courts don’t add to the expenses or timelines.

This technique can be extremely valuable in the days of covid-19.

Kenny came back and spent another hour with me to be the April guest speaker in the Business Buyer Adventure group coaching program about how to execute on these deals.

Listen as I interview Kenny Butler about how he helps wipe debts away in the sale of a business: https://youtu.be/IrXu07tqMtg

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

Learn to sell your business at https://www.HowToSellMyOwnBusiness.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   

How Covid-19 is going to change business buy/sell deals in 2020

My thoughts and ideas on how small business deals are going to change for 2020.  There's lots of good news for buyers... we're going back to 2008 deal making!

Covid-19 Business Survival Guide

Paul Hindelang and I met to discuss some strategies and ideas to help small business owners survive.

Will Alchemy cure all ills? David and Dov Gordon talk consulting sales

Will Alchemy cure all ills?

Long before I had even heard of the Coronavirus, I met with Alchemist Entrepreneur Dov Gordon.

I had interviewed Dov earlier as an expert guest in the Business Buyer Adventure Group coaching program.

That recording was released to members for March.  There is a new expert call each month.

Dov rejoined met to discuss the magic of alchemy networks in this video.

It’s kind of like direct sales and networking for people who find those things difficult to do.

It can help make customers very sticky and has worked particularly well for advisory businesses like consultants or coaches.

Listen to Dov conjure his solution to increased consulting sales here: https://youtu.be/nn77qANtMFk

Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com   

Learn to sell your business at https://www.HowToSellMyOwnBusiness.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   

Do businesses protected by government make bigger profits? How do we value these licenses?

If the government isn’t giving out any more licenses, does that mean fat profits?

Sometimes you need a special license for a type of business.

AND- there are a limited number of them available.

How do you put a price on this special right given by the Prince?

Does a special government license which restricts competition create more profits for you?

What do these government folks want in return?

Listen to me babble on about the perks and traps of regulated industries: https://youtu.be/x8jmdGZtKoY

Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com   

Learn to sell your business at https://www.HowToSellMyOwnBusiness.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   

P.S. come see me live in Vegas

Selling Advertising agencies with David Blois

How about selling an advertising agency?

What if you have a business that is driven by strong personal relationships and the creative juices of the founder/principal?

How would you sell a business like that?

This is what David Blois and I discuss this week when we talk about his brokerage firm.

They specialize in selling advertising agencies and handing the risks of the issues I just mentioned.

Enjoy.

Watch the video of the interview here: https://youtu.be/IB6Q_cT3MqQ

Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com   

Learn to sell your business at https://www.HowToSellMyOwnBusiness.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   

David LIVE!!

P.S. if you want to dip your toe into educational investment AND you live near Toronto, Kitchener or Las Vegas, then maybe you should come out and meet me LIVE this spring.

10,000 subs!!!

10K Subs feels great!!

Did you hear?

I now have 10,000 subscribers on YouTube.

It’s been quite a journey.

Hey, if you want to see some funny stuff, go back 5 years and see what my videos used to be like.

In all honesty, it’s pretty humbling.

I’m glad people are enjoying them and, more importantly, learning from them and avoiding bad deals.

It’s my mission, after all.

I don’t think I have the guts to run into a burning building to save a cat, so it suits me just fine.

Thanks for all your support to this point and all the great feedback and comments I get on a regular basis.

Remember, if you have any friends who are interested in business, have them check out my website and sign up for my list; www.DavidCBarnett.com

Here’s to the next 10,000 subscribers!

Cheers

David C Barnett