Wednesday, September 28, 2022

Advice to young business lawyers

 


Courtney wants to know how she can be the best business lawyer she can and win more work from dealmakers like you. My advice…

Design her practice like a restaurant.

Be transparent.

Build a risk matrix to maximize communication with clients.

Really, they’re mostly tricks from my small business systems program.

Learn more here as well as my warnings about WHAT NOT TO DO: https://youtu.be/iCvpMlaLF2I 

Learn how to create better systems and an operating manual in any small business in only a few easy steps at https://www.EasySmallBizSystems.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

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Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10

Friday, September 23, 2022

Live- Buy a Business and Put someone else in charge!

 



Buy a Business and Put someone else in charge!

New Livestream guest-> Palmer Higgins from Chenmark

I’m happy to have Palmer join me on a live broadcast.

Palmer and his partners have built up a holding company with multiple small business operating units in two countries from their home base in Portland, ME.

Tune in and as we’ll be discussing how they buy businesses and put someone else in charge of running them.

This is one of the biggest topics I’m asked about all the time and we’ll get to hear some of the challenges and the reality of what it’s like to oversee someone else who runs your business.

This is a ‘must see event’ for anyone trying to step back from being the leader in an operating business or who plans to build their own ‘Baby Berkshire’ one day.

Be sure to join live so that you can ask questions, replay will be available.

Set yourself a reminder on YouTube here: https://youtu.be/hjEGRVK87lQ 

We’ll be going live Now September 23, Friday at 10:30 A.M EST

See you there!

David C Barnett


Show sponsors:

https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.


Wednesday, September 21, 2022

Business Purchase Loan Pre Approvals

 


This week a YouTube viewer wants to know if he can save time by getting pre-approved for a business purchase loan. Let’s see…

What does the underwriting process require?

What are the ‘deal killers’ of a business purchase loan?

What is totally within your power to do before you go out and try and buy a business?

Learn more here: https://youtu.be/w_Ol9BLpFbs 

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

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com 

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  

 


Monday, September 19, 2022

Live - Can you really build a successful business by ignoring the majority of the market?

 


Can you really build a successful business by ignoring the majority of the market?

New Livestream guest-> Chris Mosier & Scott Freerksen of Lakefront Living Realty.

I’m happy to have these two guests join me on a live broadcast.

Scott and Chris have built a new franchise model in the real estate industry that exists to sell one thing only- lakefront property.

They ignore everything else.

We’re going to discuss how they came across the concept, why they believed in it and how it’s going.

We’re also going to learn about their journey as franchisors and what they’ve learned along the way building a business opportunity for others.

This is a ‘must see event’ for anyone interested in real estate, focusing on small niches in their industry or who one day dream to be a franchisor as well.

Be sure to join live so that you can ask questions, replay will be available.

Set yourself a reminder on YouTube here: https://youtu.be/v_E1lLoNzMw 

We’ll be going live now Monday, September 19th at 5pm Eastern Time.

See you there!

David C Barnett


Show sponsors:

https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.


Wednesday, September 14, 2022

Net Income vs SDE

 


This week, Tian wants to know about why SDE is so different from Net-Income. Is he being lied to? 

Why is SDE used in the business sales world?

What if someone is cheating on their taxes?

How do they tell you without telling you?

Enter the world of the murky add-back and how you protect yourself.

Learn more here: https://youtu.be/7q_jBnaV7LY 

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

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  



Wednesday, September 7, 2022

Absentee owner businesses 2022

 


This week, Yaro wants to know what kind of business he should buy if he DOES NOT want to work there? 

Is there an ideal business for absentee ownership?

I discuss the skills needed, the types of businesses to look for and a trap that I’ve seen some fall into. 

Learn more here: https://youtu.be/9Uz0X5JRDB4 

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

https://www.BusinessBuyerAdvantage.com   

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  



Wednesday, August 31, 2022

Summer of Alternative Financing- Factoring and Merchant Cash Advance


Another weekly video on how to use a business’ assets to raise part of the down payment.

Again, this one has some pretty big warnings about what could go wrong if you’re not truly prepared or don’t plan it out well enough.

Check out this week’s video: https://youtu.be/-4CSBbf57rE 

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

https://www.BusinessBuyerAdvantage.com   

Make better cash flow forecasts: https://www.BizPlanSchool.com 

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  

 

Monday, August 29, 2022

I have a great conversation with Host Marcia of PROFIT With A Plan Podcast

Listen to the podcast episode with Host Marcia as I  explain the important factors that sellers need to have in place so that buyers don't look for discounts.  

About Marcia: She is a business growth strategist helping service-based professionals to increase their profits and strengthen their business so that it is worth selling someday. She works closely with her clients to turn their business into an attractive & profitable business asset they can enjoy until they decide it's time to stop. She helps them get a return on their business investment. Marcia is the CEO of Trajectory Consulting & can be found at www.TrajectoryBiz.com

EP167 What Business Buyers Want David C Barnett

Wednesday, August 24, 2022

Summer of Alternative Financing- Inventory Sell Down and Trade Finance

 


Reducing or changing the inventories required in a business can help raise a down payment AND improve this other important metric…

What other important metric?

Return on Equity.

By lowering profits.

Yup. Check out how to spot a business that can be transformed in such a way as to turn it’s own inventory into a down payment and boost your own rate of return.

Check out this week’s video: https://youtu.be/UMs-fO3FFGw

https://www.BusinessBuyerAdvantage.com   

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com 

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  

Monday, August 22, 2022

Wednesday, August 17, 2022

Summer of Alternative Financing- Sell privileges and Pre sales

 

But how can customers you don’t have, help to buy a business you don’t own?  What about confidentiality? Hmmm.

Yeah, good question. 

Business buy/sell deals are often about secrecy.

So, there is really only one way for a ‘normie’ to try and pull this off.

Or, maybe you can as a celebrity?

Even a local one.

Check out this week’s video: https://youtu.be/Ol3mbiuFNJw 

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

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10  

Monday, August 15, 2022

Demystify Pre - LOI Due Diligence - Entire Show Ted Leverette and Guests

Audio of a workshop hosted by Ted Leverette from https://www.PartneronCall.com

Notes for the workshop are here: https://partneroncall.com/prep-not-pre-loi-due-diligence/

Guests include: 

David C Barnett from https://www.DavidCBarnett.com

Nancy Fallon-Houle from https://www.velocitylaw.com/

and Searcher D. Precourt.

Friday, August 12, 2022

HC2021#7 Egon buys some cottages Video

 


Buying some seemingly expensive cottages to rent out. If you'd like to be a guest for next year's Holiday Chat special, sign up for David's email list to be invited at www.DavidCBarnettList.com List members also get to enjoy these calls when they're newly recorded instead of having to wait until summer. This is an episode in the 5th annual installment of the Holiday Chat series. To listen to past years, check out this playlist: https://www.youtube.com/playlist?list... Get your chance to do a Holiday Chat and listen to these recordings first by being a subscriber to my email list at https://www.DavidCBarnettList.com
Everyone else gets to see these when they go public in the summer. Subscribers get them as a Holiday Gift over Christmas/New Years. Cheers and I love you very much. Dave sme investing smb buy a business business broker

Wednesday, August 10, 2022

Summer of Alternative Financing- Codie Sanchez Laundromats Assets or Liabilities

 

This week, we take a look at how Codie Sanchez promotes her laundromat deals with a skeptical eye…

Easy peasy, even if you’re broke. 

Codie will tell you how she can help you buy a business that will make you rich, but will it really?

Watch what I think of her laundromat deal here: https://youtu.be/ww4XRyMgHrY 

Videos mentioned this week:

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

https://www.BusinessBuyerAdvantage.com   

Book a call with me at https://www.CallDavidBarnett.com 

Join me on Twitter: https://www.twitter.com/dbarnettmoncton 

Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett 

Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com   

Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10