Doing what it takes for businesses to survive Covid-19 with Marco Robert

Check your ego at the door…

The market has changed for many businesses and some are in dire straights!

I met up with business turnaround coach Marco Robert to discuss the issues most commonly faced in troubled businesses and how this compares with the Covid-19 crisis.

What’s interesting is that the solution to survival is largely the same and it starts with rational actions taken for the survival of the business.

The execution of Sacred Cows.

And ignoring one’s ego.

Tune in and how businesses can survive Covid-19 by doing things most would not consider: https://youtu.be/9gnZQ4cyZV0

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

Take some time to organize your business properly https://www.EasySmallBizSystems.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   

I return back on My Worst Investment Ever to talk about ways a business owner can survive and thrive through this epidemic.

A business owner always needs a clear path to get to Plan B. Listen to this episode where I chat with Andrew Stotz about this topic.

Listen Hear: https://player.captivate.fm/episode/3d74665f-d168-4a9c-b5df-7e2aaba842bf

Terry Lammers & David C Barnett Talking to Employees about the sale of a business

You bought/sold the business.  Now how to tell the employees…

What makes Terry such a great guest is that in his past he’s also led a family business which did multiple acquisitions before selling the entire enterprise on to a bigger company.

Then he had a career in commercial banking.

Terry’s rich experience was welcome in today’s discussion about how to talk to employees about the sale of a business.

Tune in and see what insights come from this interesting conversation: https://youtu.be/TJc2-gH8y5s

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

Lear how to sell a 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   

New Distressed Business Module added to Business Buyer Advantage

I've just added a new Distressed Business module 

to Business Buyer Advantage.

Enroll over here: https://www.BusinessBuyerAdvantage.com 

Is the inventory value added or included in the price of a business? How to buy a business

Now many nails in that hardware store?

What do we do about inventory?

I received a great question from Anton about the value of the inventory when you buy a business…

Do we add it to the cash flow multiplier or is it included in that number?

Great question because if you get this wrong the number used for the transaction could be WAAAAAY off!!

Want a hint?... it depends. Of course!

Grab your abacus and come on over to help me count through these racks of dresses: https://youtu.be/X6L_dS2gRYs

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020: https://www.BusinessBuyerAdvantage.com   **Now with a new section on buying distressed businesses.

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   

Trampoline Park considerations- How to Buy a Business

Bounce Bounce Bounce…

You don’t have to be Tigger to enjoy bouncing up and down all the time.

This week, I’m releasing a video that was a response to Lars question-

What do you think of trampoline parks?

Obviously, most are closed right now because of covid-19.

Some may be coming on the market soon and as entertainment businesses they may be of interest to some of you.

Why?

Entertainment businesses have been known to be successful in recessionary times.

Bounce on over and listen to what I think over here: https://youtu.be/qkbiEi9F-PU

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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com   

Enda Keep and I discuss the process of buying a business.

I was happy to speak with fellow Canadian, Edna Keep on her podcast: 7 Figure Real Estate on the process of buying a business.

April 2020 Update on Surgery, Covid-19, Holiday Chats and more...

Hi,

I made this week’s update video to cover several points:

• I’m ok from the surgery Friday
• What the people in the Adventure group are doing as a result of Covid-19
• I’ve put a new Covid-19 module into Business Buyer Advantage.
• I’m going to release the Holiday Chat 2019 calls on the public YouTube channel early for you.

Hear what’s happening here: https://youtu.be/IrXu07tqMtg

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