David C Barnett

In this engaging discussion, Paul Downs reflects on tough staffing decisions during a sales drop, emphasizing the importance of empathetic layoff communications. Liz Piccarazzi shares her journey through tariff changes while seeking U.S. manufacturing options for her products. David Barnett offers insights into business valuation, stressing the idea that a company can hold more value for its owner than for potential buyers. Kate Morgan highlights the pitfalls of underpricing in recruiting, sparking a debate about sustainable pricing strategies.

David C. Barnett, a Canadian business broker, shares insights on the complexities of healthcare with Paul Downs, a CEO facing soaring insurance premiums, and Sarah Segal, a PR agency owner. They delve into the challenges of rising health insurance costs, with Paul bracing for hefty increases. David contrasts Canada’s universal system with U.S. volatility, while Paul emphasizes responsible employer-paid coverage. They also discuss the intricacies of business exits, revealing the importance of owning a business over merely selling it and the significance of client diversification for sustainability.

This week features David C. Barnett, a business broker from Canada, Kate Morgan, CEO of Boston Human Capital Partners, and Sarah Segal, a PR expert from San Francisco. They dive into their varied marketing strategies on LinkedIn, debating whether likes or actual sales matter more. David contrasts his free self-publishing approach with Kate's hefty book expense. Meanwhile, Sarah takes a different route by investing in a VP instead of a book. It’s a vibrant chat on what truly drives business success and the value of genuine connections.

David C. Barnett, a seasoned business broker and educator, shares invaluable insights on the pitfalls of small business acquisitions. He highlights how first-time buyers often overlook unexpected costs and the chaos of ownership. Barnett discusses the importance of due diligence, setting realistic goals, and avoiding emotional purchases like bed-and-breakfast investments. He emphasizes that true value is earned over long-term ownership rather than quick flips, offering a candid perspective on navigating the complexities of buying businesses.

David C. Barnett, a small-business deal expert and author, sheds light on the pitfalls of investing in business notes. He highlights the risks of reliance on cash flow and goodwill rather than tangible property. Topics include the complexities of lien priority, non-compete enforceability, and the importance of thorough due diligence. Barnett also warns about misleading financial statements and the necessity of industry knowledge to mitigate fraud. Plus, he shares insights on networking for private deals and the dangers of the secondary market.