Easter Jesus vs. Christmas Jesus- Small Business Style

Hoppy Easter!

Every time Easter comes along and people start talking about the resurrection of Christ I can’t help but remember the hilarious dinner scene in the movie Talladega Nights. 

Actors Will Ferrell and John Reilly get into a discussion about which Jesus they like better.  The Easter Jesus or the Baby Christmas Jesus.

So, If you happen to prefer Christmas over Easter, maybe you’d enjoy the last two years Christmas Small Biz videos while you spend time with family and friends over the long weekend.

Cheers

Christmas 2016- 12 Days of Small Business Mismanagement: https://youtu.be/A9KhBUfBhx4

Christmas 2017- Santa’s Small Business Wish List: https://youtu.be/gQ1ozYSvPLs

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Join me and 23 other amazing speakers to help your business at the 3 Day MBA virtual summit April 17-19, 2018.  It’s FREE to attend live and the recording package is super-reasonable if you want it.  Only $99. Learn more here: https://david9e4080.clickfunnels.com/3day-mba-2018ud8nhvth?affiliate_id=1028705

Want to meet me in person?  In the next few months I’ll be coming to Toronto, and Las Vegas Baby.

What's better for an absent owner? A C-Store or a Restaurant? How To Buy a Business

This viewer has one simple question-

David, if I have to choose between a restaurant and a convenience store to buy as an absentee owner, which one makes the most sense?

Well, for this one we’re going to have to take a look at what the Big Boys do and try to understand why.

Watch here: https://youtu.be/EL2l2Jres3w

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How does one go from selling real estate to selling businesses?

This week I take a few moments to address the questions of a Real Estate Broker who is thinking about offering Business Brokerage services.

I’ve made videos before about how Realtors are NOT Business Brokers and how different businesses are from buildings.

This week I discuss the differences in how these two types of intermediaries do business and approach things.

This viewer is facing a challenge if he wants to do things correctly as the culture and methods of these two types of business are very different.

Watch: https://youtu.be/IP1o_OdbpVI

Also, watch this older video about real estate agents selling businesses and something called the Dunning-Kruger effect. (sounds spooky, right?) Watch: https://youtu.be/s9HkiHiiEB0 

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Want to meet me in person?  In the next few months I’ll be coming to Toronto, and Las Vegas Baby. 

Money for Nothing and Chicks for Free- Dire Strait Business Buyer Mindset Issues

Why are some people writing me to ask about finding lenders who will lend them ALL the money they need to buy a business?

Why can’t I just roll over and agree that it’s perfectly normal for a broke person with no money to magically be able to go buy a business worth hundreds of thousands or millions of dollars all with borrowed money?

This week I made a video about being realistic in the process of buying a business and how some people will find themselves victims because of their mindset.

I take time out from my vacation to address the unwavering beliefs of one viewer. Watch: https://youtu.be/XV9cHTvj0dA

Find the ‘Villains’ book I speak of here: http://amzn.to/2G2rcZA

Watch ‘Buy a Business with No Money’ https://youtu.be/NVTgDT7Cc2g

Watch ‘Buy a Business with No Money II’ https://youtu.be/xZqJTa_YZj4

Watch ‘Leveraged Buy Outs’ https://youtu.be/UrBLOtRY0OI

Watch ‘Private Equity in Buying a Business’ https://youtu.be/5h_ouZ-sUoU

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Want to meet me in person?  In the next few months I’ll be coming to Toronto, and Las Vegas Baby. 

Why you should be concerned about whether your goodwill is personal or not. -How to Buy/Sell a Business

What’s the difference between business goodwill, personal goodwill and the accounting term goodwill?

As a buyer of a business, you want to be sure the goodwill is going to stay with the business that you’re buying.

This week’s question comes from a viewer who bought a business and then lost a big customer because the goodwill didn’t transfer.  What does that mean?

As a business owner, why does it matter if you possess the goodwill or if your business does?  It can make a huge difference when it comes time to sell the business or you try to grow.

Listen in as I discuss the difference between business and personal goodwill and what things you can do to either transfer it or move it. Watch: https://youtu.be/DEQAE2DbEQU

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***Special Pricing on the www.3daymba.net event in St. Louis, MO. Ends Feb 28.  3 days of business focus, attention and ideas.  Worth the investment- Check out the speakers list.

Want to meet me in person?  In the next few months I’ll be coming to Toronto, St. Louis, MO and Las Vegas Baby.