Are rising rates a real problem

Will higher interest rates lead to financial ruin for business buyers?

Not if you’re careful and don’t overpay.

I built a little tool to demonstrate the effect of higher interest rates on buying a business under two common scenarios.

As you’ll see, rates can move quite a bit before it makes a material impact on your deal….

Check it out in this week’s video: https://youtu.be/MGzEM7j5aGM 

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 

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

 

Is it really possible to buy a business with 500K of profit.

 

What you read about online may not represent the reality of the world.

Future was watching my videos and wanted to know why he only sees complainers online who’ve done bad deals.

Can someone really buy a business with $500K of profits and live happily ever after?

Why does it seem like it doesn’t work for most people?

In this week’s video, I detail if it can be done.

Who’s doing it.

Who’s talking about it.

Who’s not finding them.

Who’s being caught and why.

Check it out in this week’s video: https://youtu.be/dAJVTNZKPG0 

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 

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

How do you decide what business is right for you

Matthew asks how to decide what business is right for you.

There are two ways:

1. Extrapolate from self-analysis.
2. The thesis method.

Let me summarize both and tell you what I think are some key factors to keep yourself from being caught up in ‘shiny object purgatory.’

Learn more about the two methods of industry identification here: https://youtu.be/p1UbedYYnAM  

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   

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

 

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 

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