Getting better processes, systems and tools for your business- Small Business Management

Anton wrote to simply ask me, ‘David, talk more about business systems.’

So why does this topic keep coming up?  Are people feeling disorganized?

What’s the difference between having business systems and what your business does today?

Is it really the system, or the fact that it’s documented, teachable and measurable?

Let me tell you the story of a system used in my business today and about a process and tool that I created for a business over a decade ago.

Watch the video: https://youtu.be/z12Dk_ysAyM

Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Take advantage of the FREE #Toronto ticket offer:

1.      Buy my online business systems course at http://www.EasySmallBizSystems.com

2.      and the exit planning course at http://www.HowToGetOutOfMyBusiness.com

3.      and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. 

Offer is OVER on Jan 31, 2018.

Don’t want the online courses but want to see me in #Toronto May 2018?  Register today at Eventbrite.com . (Virtual Attendance Options Available)

Thank you and I’ll see you next time.

Buy a business with little money while working a job. Sellers guarantee a sale.

What if you want to buy a business but don’t have the money and want to be sure you know how to manage it properly?

Maybe you need to buy it piece by piece over time while the seller is still there.

This week I answer a question about staged buyouts, sometimes referred to as an internal purchase or by many other names.  Essentially an employee buys the company over time, normally years.

What’s so great about this is that the company can actually finance its own purchase if it’s set up properly. 

Deals like this also help sellers manage the sale of their business without the risk of not being able to find a buyer.  This is a true succession plan for forward thinking business owners.

But you need the right kind of business.  You need a steady supply of profits and you have to be able to manage and make decisions which ensure profits every day or this may not work out as desired.

Watch the video: https://youtu.be/FmF7XJjXYhg

Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Take advantage of the FREE #Toronto ticket offer:

1.      Buy the online business systems course at http://www.EasySmallBizSystems.com

2.      and the exit planning course at http://www.HowToGetOutOfMyBusiness.com

3.      and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. 

Offer is OVER on Jan 31, 2018.

Don’t want the online courses but want to see me in #Toronto May 2018?  Register today at Eventbrite.com . (Virtual Attendance Options Available)

Thank you and I’ll see you next time.

Henry Lopez and I discuss selling a business on The How of Business

I had a great chat in my second appearance on The How of Business with Henry Lopez.

Tune and and hear us talking about selling your business.



Find the interview and more at Henry's Podcast page: http://thehowofbusiness.com/episode-172-david-barnett/

How to handle Unequal partnerships- Partners Issues

I had a question from some clients in Florida who are buying a business. 

They want to form a partnership or corporation and each person is bringing different skills and amounts of money to the table.

How do you manage unequal partners who want to buy a business together?

I’ve run into these issues in my own deals and while helping others in the past. 

It takes a combination of understanding what ‘hats’ you’re wearing at different times as well as clearly identifying and accounting for the types of ‘equity’ each partner may be bringing to the table.

Watch as I discuss some of the solutions to these issues and the way we can think about them.  Your input is welcome.  Leave comments on the YouTube page.

Watch the video: https://youtu.be/nvzVuT8pRpU

Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Take advantage of the FREE #Toronto ticket offer:

1.      Buy the online business systems course at http://www.EasySmallBizSystems.com

2.      and the exit planning course at http://www.HowToGetOutOfMyBusiness.com

3.      and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. 

Offer is done on Jan 31, 2018.

Don’t want the online courses but want to see me in #Toronto May 2018?  Register today at Eventbrite.com . (Virtual Attendance Options Available)

Thank you and I’ll see you next time.

Investigating a #SmallBiz- How long do you need for due-diligence- How To Buy a Business

How much due-diligence is enough when buying a business?

Sellers and brokers seem to want to restrict the time buyers have to examine and investigate the business. 

Seriously, how much can you learn about a business with only 10 days?  Clearly you need more time, but do you need a time limit?

What should buyers ask for and why does it make sense for a seller to agree?

Watch the video: https://youtu.be/qJSlRfg62Ik

Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Take advantage of the FREE #Toronto ticket offer:

1.      Buy the online business systems course at http://www.EasySmallBizSystems.com

2.      and the exit planning course at http://www.HowToGetOutOfMyBusiness.com

3.      and let me know at dbarnett@alpatlantic.com and tell me if you want a real or virtual ticket in May. 

Offer is done on Jan 31, 2018.

Don’t want the online courses but want to see me in #Toronto May 2018?  Register today at Eventbrite.com . (Virtual Attendance Options Available)

Thank you and I’ll see you next time.