David C Barnett Small Business & Deal Making

New equipment financing can also be a tool to help you get a down payment to buy a business. Two strategies on using new equipment financing to help work out a deal to buy a business. One more risky than the other. Check out this week’s video: https://youtu.be/CErCwjd28V0 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

Find Mason's book and more at https://www.amazon.com/shop/davidbarnett New Livestream guest- Mason Harris, The Chutzpah Guy! I’m happy to have Mason Harris join me on a live broadcast. Mason Harris is a motivational speaker and author. Tune in and as we’ll be discussing Chutzpah, Guts, Stones, Balls, whatever you want to call it. I read the book and I liked it. This is a ‘must see event’ for anyone who needs to do something that is a little scarry. Be sure to join live so that you can ask questions, replay will be available. We’ll be going live July 18, 2022, 5:00 PM Eastern Time See you there! David C Barnett

Finding local investing deals. 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. All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues These calls are only available to email subscribers until I release them publicly on Fridays over the summer.

A planned receivables reduction can also generate cash. If the business is giving people time to pay, maybe you can change this and raise extra cash to buy the business. I’ll explain what to look for in a target business to see if this is even possible. I offer a risky, and more risky way to pull this off. Check out this week’s video: https://youtu.be/grWJ7GaUdFw 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

How to grow a rooming house management business and buy another. 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. All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues These calls are only available to email subscribers until I release them publicly on Fridays over the summer.

The equipment in the business can provide part of the down-payment. If there are a lot of tangible assets in the business, you may be able to use leasing as a way to raise money for part of the down payment. I explore this in this week’s video. Also, what if you can’t find a leasing company willing to do the deal? I offer three other ways to ‘lease yourself’ a small business purchase down payment. Check out this week’s video: https://youtu.be/oFpkNhZupnM 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 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 to grow an insurance and wealth advisory company to all 50 states. 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. All of this year's recordings and previous years are available on this playlist: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues These calls are only available to email subscribers until I release them publicly on Fridays over the summer.

So, you need money to buy a business, just ask the seller to take payments. The problem is that many buyers lack empathy in how they approach sellers. Do you think any random stranger wants to lend you money to buy their business? Let’s take a more measured approach to this. I cover this and more in this week’s video: https://youtu.be/TM7EdlgKMLM 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 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

Clint Fiore lists out ways in which brokers overprice businesses. Isn’t a high price their job? Not really, but you’ll have to stay to the end to find out what I think they should really be doing. I cover this and more in this week’s video: https://youtu.be/LzfDmKetafY https://youtu.be/Zet2HvYT1_o 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 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

Subscribe to see episodes of Your Exit Squad when it airs at https://www.YourExitSquad.com Are you a small business owner? Submit a guest application if you want help in making your business more sellable- https://www.YourExitSquadGuests.com Consultants and Experts- Join the Squad https://www.YourExitSquadPartners.com Cheers!

Learn more at https://www.BusinessBuyerAdventure.com

This grocery store owner wants to know if it makes sense to go direct and import food. The answer comes down to inventory turns and operating capital. I cover this and more in this week’s video: https://youtu.be/7JyYzcZE68A 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 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

New Livestream guest- Cliff Duvernois. From https://entrepreneursonpodcasting.com/ I’m happy to have Cliff Duvernois join me on a live broadcast. Cliff has experience in the world of real estate, small business and podcasting. Tune in and as we’ll be discussing the difference between podcasters and business owners who use podcasts for marketing purposes. This is a ‘must see event’ for anyone in any kind of business! Be sure to join live so that you can ask questions, replay will be available. See you there! David C Barnett Show sponsors: www.jeffalpaugh.com/dcb10 https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the internet's best new conversations about small and medium sized business.

The IBBA has released their Q1 report on the market. What’s going on? How long is due-diligence taking? How many engagements are going sour? How long to find a buyer and close? How has this changed since 2020 and 2021. I cover this and more in this week’s video: https://youtu.be/LzfDmKetafY 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 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

New Livestream guest- Steven Beal, CBV, CFA, CPA https://www.BealBusinessBrokers.ca I’m happy to have Steven Beal join me on a live broadcast. Steven has decades of banking, accounting, business valuation and business brokerage experience. Tune in and as we’ll be discussing why so many buyers are being IGNORED by business brokers and how to break through the static and noise of the marketplace and be noticed. This is a ‘must see event’ for someone trying to buy a business which has been put up for sale via a business broker. If the broker doesn’t see you as a legitimate buyer, you won’t have any chance of having your offer considered… you may not even get a chance to meet the seller. Be sure to join live so that you can ask questions, replay will be available. We’ll be going live June 6 at 5pm Eastern, 2pm Pacific. See you there! David C Barnett https://www.BusinessBuyerAdvantage.com Show sponsors: www.jeffalpaugh.com/dcb10 https://www.SMBPodcastNetwork.com Sign up and receive weekly emails with the intern

Sieva Kozinsky reveals how anyone can buy their first business and quickly grow it to a $500,000 income… but does the plan make sense? Well, it’s hard to know. 10,500 people seem to like the advice. I’m getting old, so I’ve seen many deals and have some experience. Let me show you how I deconstruct this advice and see if it really plays out the way the author says. You may be surprised to learn that things on the Internet are not always what they seem. I explore the nitty-gritty of this advice and determine if it really makes sense or not in today’s video: https://youtu.be/K89r4TNebFE Other videos mentioned in this recording: Why SDE is not Cash Flow: https://youtu.be/E0IEGtsIE1o Pay for Potential, Blue Sky: https://youtu.be/INMiJJbXrZw Dead Capital in a Business: https://youtu.be/kHnIh6HM840 David and Warren Buffet Duel over Depreciation: https://youtu.be/_S2m1dieX6w Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Bo

Do you want to exit your business and still earn income? Why is documenting systems the key to making a business sellable? Why should you consider your business as an asset and not a life role? In this podcast episode, I speak with, Ron and Lexie Lee about how to build a sellable business.

Chris sent me an email asking about whether fast-growing companies were extra-risky? Well, it depends on where the growth comes from. But, there is another risk in buying a fast-growing company. The risk that if the deal doesn’t close quickly, the seller will second-guess the price and/or other factors. I get deep into the ‘it depends’ weeds on this week’s video…: https://youtu.be/9tSTgnUiReg 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 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

I suggested a few weeks ago that a reason NOT to buy a business was because you could make as much or more money by NOT being the owner. Let me explain… This week I’ll explain 4 different ways that non-owners can make more money, potentially, than business owners from a business. While the other benefits of freedom, control, etc may not be there for some of these strategies, they also don’t usually involve any investment risk. Please comment on YouTube if you’ve seen some of these strategies in action. Check it out in this week’s video: https://youtu.be/JUW51CmJ9hs 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 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: htt

I respond to some YouTubers who say that you need to have a cutthroat mindset to make it in business. I disagree. I think this attitude will sink your long-term prospects in business. Except, if you operate under some specific circumstance. Instead, I give you my thoughts on the kind of attitude that pays off in business. Check it out in this week’s video: https://youtu.be/3dv8PC8aEVo 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 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