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

New Livestream guest- Rick Nicholson I’m happy to have Rick Nicholson join me on a live broadcast. Rick has decades of experience in the hospitality industry including having owned 7 different restaurants. He’s also the author of The Art of Restaurant Theft; 70 Sneaky Tricks Your Employees May be Doing. Tune in and as we’ll be discussing how to steal money in a business. (or how to make it harder for employees.) This is a ‘must see event’ for anyone who will ever have anything to do with a cash or inventory laden business. Find the book in my Amazon store at https://www.Amazon.com/shop/davidbarnett

Will higher interest rates lead to financial ruin for business buyers? Not if you’re careful and don’t overpay. I built a little tool to demonstrate the effect of higher interest rates on buying a business under two common scenarios. As you’ll see, rates can move quite a bit before it makes a material impact on your deal…. Check it out in this week’s video: https://youtu.be/MGzEM7j5aGM Learn how to buy a business at 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

We give you an update and play some clips from our new show coming out later this year... Your Exit Squad. Subscribe to be the first to see new shows at https://www.YourExitSquad.com Want to appear as a guest? https://www.YourExitSquadGuests.com Want to help as a partner? https://www.YourExitSquadPartners.com

What you read about online may not represent the reality of the world. Future was watching my videos and wanted to know why he only sees complainers online who’ve done bad deals. Can someone really buy a business with $500K of profits and live happily ever after? Why does it seem like it doesn’t work for most people? In this week’s video, I detail if it can be done. Who’s doing it. Who’s talking about it. Who’s not finding them. Who’s being caught and why. Check it out in this week’s video: https://youtu.be/dAJVTNZKPG0 Learn how to buy a business at 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

Bill was a no-show, unfortunately... so, I spoke to all of you and talked about Holiday Chat 2022!

Matthew asks how to decide what business is right for you. There are two ways: 1. Extrapolate from self-analysis. 2. The thesis method. Let me summarize both and tell you what I think are some key factors to keep yourself from being caught up in ‘shiny object purgatory.’ Learn more about the two methods of industry identification here: https://youtu.be/p1UbedYYnAM Learn how to buy a business at 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

Courtney wants to know how she can be the best business lawyer she can and win more work from dealmakers like you. My advice… Design her practice like a restaurant. Be transparent. Build a risk matrix to maximize communication with clients. Really, they’re mostly tricks from my small business systems program. Learn more here as well as my warnings about WHAT NOT TO DO: https://youtu.be/iCvpMlaLF2I Learn how to create better systems and an operating manual in any small business in only a few easy steps at https://www.EasySmallBizSystems.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

New Livestream guest- Palmer Higgins from Chenmark I’m happy to have Palmer join me on a live broadcast. Palmer and his partners have built up a holding company with multiple small business operating units in two countries from their home base in Portland, ME. Tune in and as we’ll be discussing how they buy businesses and put someone else in charge of running them. This is one of the biggest topics I’m asked about all the time and we’ll get to hear some of the challenges and the reality of what it’s like to oversee someone else who runs your business. This is a ‘must see event’ for anyone trying to step back from being the leader in an operating business or who plans to build their own ‘Baby Berkshire’ one day. Find the Weekly Thoughts blog here: https://chenmark.com/weekly-thoughts/ Learn to buy a business at https://www.BusinessBuyerAdvantage.com Cheers David C Barnett

This week a YouTube viewer wants to know if he can save time by getting pre-approved for a business purchase loan. Let’s see… What does the underwriting process require? What are the ‘deal killers’ of a business purchase loan? What is totally within your power to do before you go out and try and buy a business? Learn more here: https://youtu.be/w_Ol9BLpFbs 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

New Livestream guest- Chris Mosier & Scott Freerksen of Lakefront Living Realty. I’m happy to have these two guests join me on a live broadcast. Scott and Chris have built a new franchise model in the real estate industry that exists to sell one thing only- lakefront property. They ignore everything else. We’re going to discuss how they came across the concept, why they believed in it and how it’s going. We’re also going to learn about their journey as franchisors and what they’ve learned along the way building a business opportunity for others. This is a ‘must see event’ for anyone interested in real estate, focusing on small niches in their industry or who one day dream to be a franchisor as well. Be sure to join live so that you can ask questions, replay will be available. https://www.lakefrontfranchise.com/ https://www.lakefrontliving.com/