Wednesday, June 30, 2021

Why would a seller want to finance the deal?


Learn from your cousin on the other side of town.

Sellers: Do you tire of waiting to be paid or are you excited to be making a high-yield investment?

Perspective is important in how you approach the topic of financing the sale of your business.

Learn why you might need to be part of the financing solution of a business sale and why this may be an amazingly profitable turn of events.

Check it out in this week’s video: https://youtu.be/PO1M-_wq-m4

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

Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.com

Learn how to make really amazing cash flow forecasts and business plans: https://www.BizPlanSchool.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, June 28, 2021

I appear on The Deal Scout to talk about investing in local businesses with Josh Wilson.


Listen as I join Josh Wilson on his show, The Deal Scout, where we talk about investing in local businesses. I also share my thoughts on how to mitigate risks and get great returns back by collateral and personal guarantees!

Check out the interview here: https://thedealscout.com/ep8-how-to-invest-in-local-businesses/

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

Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.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, June 23, 2021

The problem with Customers Loving the Seller.

 

The Terms can be more important than the price.

How much would you pay for a business if you were afraid that the customers wouldn’t like you?

This can be a problem in many small businesses where there is a relationship directly between the business owner and the important customers.

If an owner never invested the time to prepare, they may not be happy about the solution to getting a fair price for the business.

Watch and learn more.

Check it out in this week’s video: https://youtu.be/O48arsARXq4

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

Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.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, June 16, 2021

Handling Shareholder Loans

 
The way money goes into a business controls how it can come out.

Lending money to a corporation you own creates a debt and an asset.

These can be part of the tax strategy employed when selling and can create options for buyers and sellers.

Watch and learn more.

Check it out in this week’s video: https://youtu.be/MXkBD37STTI

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

Learn how to Sell a business. https://www.HowToSellMyOwnBusiness.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, June 14, 2021

I return back on Debt Free in 30 to talk about Bad Funding Choices for Small Businesses with Doug Hoyes.

The economic shutdown has been costly for small businesses. If you’re an owner concerned about the future health of your business, what should you do? Could you sell your business? What are your options if you have a lot of business debt? Listen as I join Doug Hoyes on Debt Free in 30 to discuss how COVID-19 has impacted small businesses and why some businesses are having a harder time selling than others. I also shares strategies some companies have deployed to stay afloat during the pandemic and advice to avoid bad business funding choices. I also explain the sunk-cost fallacy and recency bias to help you understand whether it’s financially worthwhile to maintain your business. Tune in for lots of practical advice!

The Debt Free in 30 channel has lots of great guests and is also a podcast on iTunes and other services. Find the YouTube channel here: https://www.youtube.com/channel/UCmBd1vf4gtOj8QE5JdiNFRQ


Wednesday, June 9, 2021

Escape the Banker’s Rules. Carefully.

 

Getting your cash bomb ready to pull the trigger on a deal can make you flexible.

Want to outmaneuver the other buyers?

Be able to have the cash to make a deal with no banker.

It does have it’s risks, depending on where you get the cash and what the terms are.

Especially now given the price of many assets.

Check it out in this week’s video: https://youtu.be/W6WBiRp-LK4

Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession 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

Tuesday, June 8, 2021

Live: Join me as I discuss protecting your business reputation from cancel culture with Sara Christensen

Join me as I talk to Sara about her new business which is helping businesses protect and defend themselves from this very threat.

Sara Christensen had suffered a loss of a successful business because of cancel culture online and she's not the only one.

Learn more about the Adventure group at https://www.BusinessBuyerAdventure.com
Join my email list at https://www.DavidCBarnettList.com
Find Sara online at https://www.SaraChristensen.com
 

Wednesday, June 2, 2021

When do I get more Goodwill?

 

Zafer is working hard, where is the Goodwill going?

Zafer emailed me to say that the business he bought is doing better, so why does the goodwill on his balance sheet keep going down?

Should it not be going up?

It all has to do with accounting rules and something called conservatism.

I explore that and also answer how the Goodwill got onto the balance sheet in this week’s video: https://youtu.be/Q6TQF1NZ58w

Learn how to buy an already-successful and profitable business in a risk-reduced way even in the covid-recession 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