The Invest Local Book Blog.

Wednesday, October 13, 2021

Do Reps and Warranties have any value?

Alexia wants to know about the warranties offered by sellers.

If someone lies and costs you money, you sue them right?

But what if the solution costs more than the problem?

This is the issue with representations and warranties when we talk about small business transactions.

In order to deal with potential lies and misdeeds on the part of sellers, we need two powerful tools that we can use in the event there is a problem.

Watch here: https://youtu.be/LStVgWOM2LI

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

Learn to sell your business https://www.HowToSellMyOwnBusiness.com

Build a proper cash flow forecast for any business 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

Friday, October 8, 2021

I return back on Let's Buy a Business to discuss whether you can buy a business with no money down and much more.

I join host Ryan Condie for a fun conversation and we dive into whether small businesses are better investments than properties. We also discuss whether it's true that you can buy a business with zero down. Listen and find out.

Wednesday, October 6, 2021

Losing your house in a bad deal.

JT wants to know about losing a house to the bank

Can someone lose their house to the bank in a bad deal?

It’s not something that usually happens if you buy right.

What I’ve seen more of is people losing a house after their business becomes more successful.

There is risk in business, you need to offset this in your dealings outside the business.

Watch here: https://youtu.be/XNzqWU1e9NU

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com

Learn to sell your business https://www.HowToSellMyOwnBusiness.com

Build a proper cash flow forecast for any business 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

Wednesday, September 29, 2021

Handing everything over after a business sale.

What if the suppliers won’t give you the same trade terms?

Steve wants to know what happens when a business is sold as far as transferring over the name and all the accounts.

What about customers?

What about suppliers?

What if they won’t give you the same terms?

What if they don’t like you?!?

Watch here: https://youtu.be/UJjtGc4pTxA

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com

Learn to sell your 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, September 27, 2021

Join me as I discuss how a business you start or buy could be transformed with some of John's methods.

John Warrillow's famous book, Built to Sell, outlines the very real process that business owners need to go through in order to move beyond the 'one man show' and build a real business that can be sold.

In today's live stream, we're going to be discussing how a business you start or buy could be transformed with some of John's methods.

Whether you own a business or want to one day, these concepts will prove valuable if you truly want to make any business into a sellable asset that someone else will desire.

Learn more about the Adventure group at https://www.BusinessBuyerAdventure.com

Join my email list at https://www.DavidCBarnettList.com

Find John online at https://builttosell.com/

Wednesday, September 22, 2021

Why bankers should love seller financing.

Nobody likes to lose money, especially bankers.

Buyers are trying to do deals that mitigate risk.

Sellers want the most money possible.

How might a seller help a banker feel comfortable doing a loan?

It may come down to the terms and conditions of the seller note.

Watch here: https://youtu.be/e3mAqBhS0-c

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com

Learn to sell your 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, September 15, 2021

Non-financial considerations when you buy a small business.

What, besides the numbers, is important?

People buy a business for many reasons.

In this week’s video, I’ll challenge you to consider whether you’re qualified to run the business AND whether it will take you where you want to go.

Watch here: https://youtu.be/nV-h9tm1Gkk

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com

Learn to sell your 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

Business and Asset Values: How Owners, Buyers, Sellers, Lenders, and Advisors Should Think About Sma

What makes a business valuable? Why can a profitable company still be difficult to sell? Why can old machinery be worth more than its accounting value? Why does one business have substantial goodwill while another depends almost entirely on its physical assets? Business and Asset Values explains how value actually works inside privately held businesses. Written for business owners, entrepreneurs, investors, buyers, sellers, lenders, accountants, lawyers, advisors, and appraisers, this practical guide explores the forces that cause value to grow, weaken, transfer, or disappear. Drawing on years of experience in small-business transactions, financing, valuation, and machinery and equipment appraisal, David C. Barnett shows why value is never just a number. It is the result of cash flow, risk, market demand, asset quality, transferability, financing conditions, and the expectations of real buyers and sellers.

The Business Fortress: How to Grow, Protect, and Exit Your Business with Confidence

This book isn’t written for Wall Street titans or Silicon Valley startups. It’s for the real business owners who carry the risks every day. If you own a small or mid-sized business — where your signature is on the loans, your family depends on your success, and unexpected setbacks could jeopardize everything you’ve built — The Business Fortress was written for you. In today’s uncertain economy, surviving isn’t about hustle and hope — it’s about building a fortress. In The Business Fortress, business expert David C. Barnett and CERTIFIED FINANCIAL PLANNER™ Professional Mark Willis reveal a practical blueprint for entrepreneurs who want to protect their companies, their wealth, and their future.