21 Stupid Things People do When Trying to Buy a Business- 2nd Edition
2nd Edition now available with even more Stupidity and Real-Life Case Studies!!
Want to break free of the shackles of corporate life?
Want to control your own destiny and set your own hours, priorities and life direction?
Simple, become an entrepreneur and start a business!
Don’t like the risk of starting and want to buy a successful business instead?
Ok, just don’t do these stupid mistakes that I see novice business buyers make over and over and over again.
Every day thousands of really awful businesses go up for sale and thousands of good businesses go up for sale with outrageously inflated asking prices. Many of these businesses will sell to people who simply have no idea what they’re getting into and don’t know how to get the right guidance or advice. Invest some time and learn from the mistakes that I’ve observed through my years as a business broker and private sale transaction adviser.
You really can learn from other peoples’ mistakes and make yourself a better deal…. Or know when to go home and leave your money in the bank.
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David C Barnett’s Small Business and Deal Making Glossary: Action-packed with truthful examples, opinions, stories and warnings.
Maybe you’re new to the world of small business deals or maybe you have an MBA.
I’ve been working with small business owners and the people who serve them since the 1990’s and I can tell you one thing for sure… ignorance is available in large quantities anywhere you look in the business world.
There are people who know their stuff, those who make it up along the way and people who are very, very certain that they know things they just don’t.
Two people making a deal in which they each believe that a certain word means something different is a recipe for disaster. That’s why I assembled this glossary. The entries for each word are much more than just what you’ll find if you google their definitions.
The glossary includes words that are common in the deal-making and small business operations space and many abbreviations that you’ll see when reading articles about these topics.
For most entries, I give a definition, I give an example, and, in some instances, I dig into my own deal-making experience to show how these concepts fit into other real deals. I host a YouTube channel with over 700 videos and, where appropriate, I’ve also noted some of these recordings to offer further opportunities for you to learn.
This book can be used as a reference, but, unlike most other glossaries out there, it can also be read from cover to cover to fill in the gaps of your vocabulary and, if you’re new to small business conversations, I’d highly recommend you do just that.
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Buying vs. Starting a Small Business: Search or Startup? A Guide to Keep you from Going Broke.
Amazon Best Seller in Consolidations & Mergers Industry!!
Do you dream of being your own boss? You can start a small business, or you can acquire one already underway. After going through this program, you will understand the particular risks and benefits of each method. We will explore what it really means to be successful in your own business beyond the surface-level statistics. You will learn how businesses are valued and how to use tools like debt to acquire one or buy the stuff you need to do a startup. Most importantly, we’ll explore the real risks of small business and manage those risks by understanding how to plan for contingencies, pivots and setting limits.
WARNING: This is not a book to get you all excited with lots of empty-headed pro-entrepreneurship lifestyle cheerleading stuff. It’s about the real world and based on the author's experience as a business owner and advisor since the 1990's.
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Smarter than a Startup
Special Report.
You’ve seen the hype, the raging videos from high octane YouTubbers, the dream, the lifestyle… The Startup experience.
Is it for everyone? I don’t know. Does quitting your job and gambling that you’ll be able to start a new business and build the clientele to the point of profitability before you run out of savings sound like a smart idea?
What about the mortgage or the kids education fund? What about feeding the kids?
A startup is a risky thing but there is a better way.
3-time best-selling author David C Barnett uses his decades of business ownership, management and consulting experience to show you the lower-risk path to owning the business of your dreams. It’s not new. It may be less exciting. But your kids will get fed everyday with this plan.
How to Borrow Money from your Business Broker: A guide to finding some of the money you need when you buy a business
After the savings, mortgages, term loans, vendor financing, lines of credit and even credit cards have been applied there sometimes remains a 'gap' in the money required to buy a successful business.
David C Barnett has spent years helping people buy and sell businesses as both a business broker and private transaction advisor. In his years of experience, he has had to bridge that gap several times using broker loans.
Business brokers are not in the normal business of lending money. How does one convince a broker that this is the right thing to do?
Barnett explains the problems in the business broker industry and shows you several reasons why your broker would help you with financing while protecting his own interests.
Don't let a funding gap rob you of your dream of becoming a successful business owner.
If you're a business broker, the techniques outlined in this special report can help you close more deals faster and protect your commissions from untrustworthy sellers.
Purchasers of the Gumroad edition have access to the full Special Report package which includes video, audio files and sample documents. _____________________________________________________________________
How to Sell my Own Business: A guide to selling your own business privately and not pay a broker's commission
GET INSIDER SECRETS on how to sell your own business.
For years David C Barnett met with business owners and showed them that he could get them the maximum value for their business, now he shares these secrets with you.
When it comes time to retire, divest or simply move on to something else and you want to sell your business; read this book
Official Description from the Cover Jacket
Invest Local is a peek into the experience of local deal-making expert David Barnett. His experience and education in business brokerage, small business financing and private finance deals gives him an insight into what's wrong with the common financial planning advice available today and how you can make higher investment returns while reducing risk and helping your local community.
This is not a book about social enterprises or charity. This is a book which guides you on how to find and obtain superior returns in the community where you live, without paying fees to the financial industry.
In this book I share what I've learned over the years. There are stories of real people and real experiences. The book is called Franchise Warnings because it is filled with information that you need to know before you invest your money into a franchise business.
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Credit Card Advantage will show you how the correct use of credit cards as a payment and collection tool can help you achieve strategic goals in your business.
Save your business money on bank interest, reduce the amount that you invest in receivables, free up cash flow and find free capital to finance growth.
The book also teaches you how to maximize profits by gaining value from paying the bills you need to anyway. Especially through rewards points arbitrage.... my own formula to maximize profits.
Every business owner should be using these techniques to enhance lifestyle, reduce expenses, grow sales and save on bank interest.
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