David C Barnett Small Business & Deal Making

Original show notes.. reposted with permission. ------------------------------------- On today's show, I talk with David Barnett, who is an expert in buying and selling business. I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover: How did David become an expert in buying and selling "main street" businesses? Should you buy or sell a business in retirement? Aligning your business venture to your interests Why buying a business and being "hands-off" is an unrealistic expectation Don't be fooled by the promise of buying an "absent-owner" business There is a lot more to owning a self-serve car wash than just collecting quarters What are the most important things to think about when buying a main street business Why do you need to make a proper cash flow projection Three components of the typical financing for main street business transactions Red flags when buying a business How Seller Financing can hel