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

New Livestream guest- Alex Bridgeman I’m happy to have Alex join me on a live broadcast. Alex is the host of Think Like an Owner podcast and formerly the publisher of The Operator’s Handbook. Tune in and as we’ll be discussing some of the common themes he’s observed after interviewing hundreds of successful business searchers. This is a ‘must see event’ for people who want to buy a business. Find Alex online at https://tlaopodcast.com/ and on LinkedIn at https://www.linkedin.com/in/alex-e-bridgeman/ See you there! David C Barnett

***New Video Alert! Paul sent in an email asking about some advice he saw about buying businesses in a Dave Ramsay video. Does Dave know what he’s talking about? I mean, he said ‘multiply by 4 or 5.’ Let’s listen carefully and analyze this advice… Watch it quick before Dave gets the video pulled: https://youtu.be/rcOy6xhdXAY Cheers See you over on YouTube David C Barnett

***New Video Alert! Several people have asked me about claims they see online about using a seller’s own cash as a source for a down payment when buying a business. Is this possible? How would it work? What conditions would be necessary, and could you repeat this over and over? Let’s examine these claims here: https://youtu.be/5RDZharc_w4 Cheers See you over on YouTube David C Barnett

Eric Buys, an entrepreneur looking to buy out his boss' business, discusses his journey, challenges, and plans. They explore the possibility of buying the business from the boss and talk about tracking systems and expansion plans. They also delve into family dynamics and business succession, understanding S Corp for buying a business, analyzing the business's state and potential, and cash flow forecasting.

I get to see a lot of people’s spreadsheets while they work on deals. Some are homemade. Some are templates. Many have problems. I tell you what I like to see in an analysis tool and show you the one I use with my students. Watch here now on YouTube if you want to see what I'm talking about. https://youtu.be/155FlwJj5tA Cheers See you over on YouTube David C Barnett Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com

Real Callers join David and he helps them with their deals. Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com Want a private call? https://www.CallDavidBarnett.com

***New Video Alert! My AI video helper has suggested I make a video about getting rich by buying boring businesses. Should I? What on Earth makes a business ‘boring?’ and why has this term started to circulate heavily. I’ll lay out the game plan for you in today’s video. Watch here now: https://youtu.be/SyDUKm1tufw Cheers See you over on YouTube David C Barnett

Original Show Notes: In this episode, I speak with David Barnett who specializes in helping individuals with buying, selling, and improving businesses. David's has an extensive business background, from his experience in advertising sales to starting various businesses, including a commercial debt brokerage house, which led him to the field of business brokerage. He has since become a consultant for business buyers and sellers, providing guidance and evaluation. The conversation touches on how David's teaching skills and ability to explain complex topics make him an effective resource for entrepreneurs. We also emphasize the significance of understanding the terms of a business sale beyond just the price, with a focus on structuring deals that suit both parties. He has published several books and online courses on the topics of small business, franchising, cash flow and selling businesses privately. Three of his books have been Amazon Best-Sellers; 'Invest Local,' 'Franchise Warnings' and 'How To Sell My Own Business.' Barnett regularly consults with professionals and banks on business and asset values. Presently he also works with entrepreneurs and would-be entrepreneurs around the world who are buying, selling or trying to improve their businesses. Learn more: DavidCBarnett.com To learn more about Jennifer and how to thrive on your purpose, visit www.souljourneys.ca

New Livestream guest- Kelcey Lehrich & John Wilson I’m happy to have John and Kelcey join me on a live broadcast. These two guys own multiple companies! How do they do it? Tune in and as we’ll be discussing the challenges of owning multiple businesses and continuing to buy more. There is so much to talk about that they created a conference last year and will be doing it again in September. This is a ‘must see’ conversation for business owners who want to grow into a Holdco, Multi-business owners, Lenders and Investors and Entrepreneurs. Find out more and sign up at https://www.holdcoconf.com/ Use Code 'DCB' to save off ticket prices.

Real Callers join David and he helps them with their deals. Want to have one of these calls next year? Join David's email list at https://www.DavidCBarnettList.com Want a private call? https://www.CallDavidBarnett.com