What if the profit is not enough?

 

What is the formula for a business as a going concern?

If you apply the method and get a result that seems intuitively wrong, what do you do?

This week I get a question from Verasen who wonders about the result of a business value formula.

We need to take things back to basic principles in order to understand why the result is valid.

Watch here now: https://youtu.be/TcgEaNrn3I4 

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 

Learn how to buy a business at 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   

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

 

I have a exciting conversation with the host of Profit Answer Man Rocky Lalvani

Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation!

 

That's our goal for you!

Hi, I'm the Profit Answer Man Rocky Lalvani!

Ep 147 Is Your Business Profitable Enough to Sell with David Barnett

Live - Small Biz your way to the USA!

 

New Livestream guest-> Aga Asbury, Senior Immigration Counsel at Ford Murray Law.

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

Aga made her way to the USA in her own immigration journey and is now an attorney specializing in helping people move to the States via entrepreneurship visas.

Tune in and as we’ll be discussing how you can use the various entrepreneurship visas to open or buy a business in America and legally move to the country.

This is a ‘must see event’ for global entrepreneurs who want to start the journey to living and operating a business in the USA.

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

Set yourself a reminder on YouTube here:  https://youtube.com/live/BmLTKq0lJiE 

We’ll be going live Friday January 20, 2023 at 12 Noon Eastern Time and 1:00 PM Atlantic

See you there!

David C Barnett

 

Thanks to our sponsors:

 

Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 

If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

 

What if it's worth the equipment

No profit on paper, but is this still a deal? 

Cortez asks about a business that makes no profits but has a lot of valuable equipment.

Can the equipment allow the business to be financed?

Great question. Let’s dive in…

Watch here now: https://youtu.be/SUrw_kAHdgc 

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 

Learn how to buy a business at 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   

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

We have a fascinating conversation about business brokerage best practices and the importance of content creation with John Corcoran, the host of the Smart Business Revolution podcast.

This episode of the Smart Business Revolution Podcast features me and John Corcoran discussing how I founded my business brokerage firm, how to structure a win-win business sale, and how producing online content contributes to trust-building.

Business Brokerage Best Practices and the Value of Content Creation

Live - An easier way to save on contracts with Wesley E. Henderson

 

New Livestream guest-> Wesley E. Henderson

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

Wesley is an experienced small business lawyer from South Carolina who has worked on hundreds of buy/sell deals and is now also the co-founder of Drafted Legal.

Tune in and as we’ll be discussing contracts and paperwork for small businesses that they use with customers, suppliers and other parties.

This is a ‘must see event’ for anyone who wants a better understanding of why paperwork is important and how to put it together in a cost-effective way.

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

Set yourself a reminder on YouTube here: https://www.youtube.com/watch?v=_UdY8DHuhLg 

We’ll be going live Friday January 13, 2023 at 12 Noon Eastern Time and 1:00 PM Atlantic Time

See you there!

David C Barnett

Thanks to our sponsors:

Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 

If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Would David Recommend selling a business with 100% Seller Financing?

 

Would I recommend financing 100% of the sale of this business?

A Twitter user is facing a question….

Should he sell his business to his 20-year employee and right hand man with 100% seller financing?

Does it make sense?

I asked him to book a consulting call and he didn’t. 

Here’s what it would have sounded like if he had…

Watch here now: https://youtu.be/WiwlM0deCvs 

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 

Learn how to buy a business at 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   

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

Live - Licensing an Empire!!!

 

Licensing an Empire!!!

New Livestream guest-> John Jantsch

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

John is the man behind Duct Tape Marketing. 

Have you heard of it? 

He’s written books, done speeches and taught about his special marketing framework.

Now, he licenses this intellectual property to consultants around the world!

Tune in and as we’ll be discussing small business marketing AND using licensing as a way to grow a business without the complications of franchising.

This is a ‘must see event’ for people who like marketing or are looking for ways to grow revenues from something smart they’ve put together.

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

Set yourself a reminder on YouTube here: https://www.youtube.com/watch?v=Qlhq7BX1cP8 

We’ll be going live Monday January 09, 2023 at 12 Noon Eastern Time and 1:00 PM Atlantic Time

See you there!

David C Barnett

Thanks to our sponsors:

Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 

If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Live - Bookkeeping and Buying a professional service co when you’re not a practitioner

 

Bookkeeping and Buying a professional service co when you’re not a practitioner

New Livestream guest- Patrick Dichter of Appleseed Business Services.

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

Patrick  has successfully executed a search for a CPA/Bookkeeping firm without being a CPA!

He is now growing this company from being highly regional to a national service provider.

Tune in and as we’ll be discussing Search, tax planning, and some top tips to look out for when transitioning a business into your own ownership.

This is a ‘must see event’ for anyone who wants to buy a business or owns one now.

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

Set yourself a reminder on YouTube here:  https://www.youtube.com/watch?v=3y-hD8N7nWA

We’ll be going live Friday January 06, 2023 12 Noon Eastern Time and 1 PM Atlantic Time

See you there!

David C Barnett

 

Thanks to our sponsors:

Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com 

Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 

If you enjoyed this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.

Differences between real estate sellers and business sellers

 

Why is the sale of one kind of asset a secret while the other can be public?

Robert has been looking at businesses and investment properties.

He wants to know why business sellers ask for an NDA while building sellers do not.

Let’s examine the difference between these two different kinds of assets and the motivations and FEARS of their current owners.

Watch here now: https://youtu.be/qw3xwSuXI7w 

Learn how to buy a business at 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   

Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com