David C Barnett Small Business and Deal Making M&A SMB cover image

10 How To Buy A Distressed Business

David C Barnett Small Business and Deal Making M&A SMB

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Introduction

David Barnett: Can you buy a business that is distressed and has huge debts? How can the deal be done? Is it doable? He says small businesses are held to a higher standard than large companies. Barnett: You don't want to take over $700,000 worth of debt for a business that's worth half a million.

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