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

Youtube viewer Canucklehead wants to know which number to multiply and when. Great question. One of the biggest problems in business valuation is when people confuse valuation factors. Apply a 3X EBITDA factor to SDE and you’ll overpay for the business. But are these hard and fast rules… or just guidelines? In this week’s video, I discuss when the different cash flow levels made sense and why, in the end, you need to be thinking beyond just math. Watch this week’s video here: https://youtu.be/Va5USDqv3-A Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett 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

Learn to buy a business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com -----Related Article Below--- Victor wants to know how to avoid the ‘get rich quick’ mentality that is so often advertised. Firstly though, I’m going to tell you about the ‘get rich quick’ scheme that I bought into and how I quadrupled my investment in under a year. That’s not a joke. It’s real and I’m also going to share how most other people would not have had the same results. Then, the low-risk way to build your fortunes. Incrementalism. Watch this week’s video here: https://youtu.be/-BK2UnxZ7OE Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett 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

Kim invited me on her franchise show even though I wrote a book called Franchise Warnings! It was a lot of fun. Here are her original notes: Can you SELL your franchise business? Of course! You can sell a franchise just like you can sell a startup business. Here's HOW and WHY you must create an exit strategy. 👉 Email me now for FREE Coaching: https://bit.ly/3qqA6td 👉 Subscribe to KimDaly.tv: https://bit.ly/2YCDc1N 👉 Hear what my candidates say: https://bit.ly/3C7fRTi Follow The Daly Coach on Facebook: https://facebook.com/createwealththru... Connect with me on LinkedIn: https://linkedin.com/in/dalykim ---------- 📕 David C. Barnett's book "Franchise Warnings": https://amzn.to/3qAKEW9

Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/davidbarnett Join my email list here: https://www.DavidCBarnettList.com -----RElated Article Below--- Romil wants to know how one might get a job before becoming a buyer! It sounds like an easy win/win strategy. This question was inspired by my recent interview with John Mill about hiring your buyer. What I do in this week’s video is tell you about several different cases that I have first-hand knowledge of. People say they want to execute this strategy, but the proof is in the pudding. AND what some of these employee buyers may be missing when they plot their strategy… Watch this week’s video here: https://youtu.be/oTObbWYtkl0 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/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

Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Join my email list at https://www.DavidCBarnettList.com Related Article: Shalina asks about high bank debt leverage. Does it matter? Does David hate leverage? Shalina was asking a follow up question from what she saw in my video ‘questions about seller financing.’ https://youtu.be/YhEs5CG3uGs It’s a great question because it leaves you wondering if you really can/should buy a business with only 10% of your own money. I’m not against high leverage if the business has demonstrated cash flows and can service the debt. WHERE you borrow the money is sometimes more important than how much. It has to do with the qualities of the debt. I get into it in this week’s video: https://youtu.be/pzyH4VFm6jI Avoid debt troubles with a proper cash flow forecast: https://www.BizPlanSchool.com Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/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 business brokerage business brokers mergers and acquisitions business for sale

Gurmeet Judge had me on as a guest for his video blog to discuss preparing a business for sale and growth via acquisition. I thought you might enjoy our discussion https://www.encompassbt.com/blog

Learn more and sign up for my email list at https://www.DavidCBarnett.com Find the report here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn to buy a business at https://www.BusinessBuyerAdvantage.com Notes: Cassio asks how brokers get paid when there is a seller note. Does it matter? Should this concern a buyer? What about the seller? What if there’s no money to pay the broker? I look at this from the point of view of the different parties and talk about some of the solutions I had to come up with when I was a broker, dealing with broke sellers. Watch this week’s video here: https://youtu.be/ImglpvXOL3k Buy the special report How To Borrow Money from Business Brokers here: https://dbarnett.gumroad.com/l/BorrowFromBrokers Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/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

Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn to buy a business at https://www.BusinessBuyerAdvantage.com Join my list and learn more at https://www.DavidCBarnett.com We’re about the turn the calendar to 2022, here are my favourite videos from the early years of my channel…. It all started off when Liz said that she had watched my old video about My Life as a Business Broker, March 2016: https://youtu.be/LsieCGOiS9I Staged Buy Out of a business, April 2018: https://youtu.be/FmF7XJjXYhg The Broke Bushwacker needs a loan, June 2014: https://youtu.be/eWnnU5BGkyg Multiple Offers, Sept 2014: https://youtu.be/JIuP_1nQvKo Buy a Business on a Credit card, April 2015: https://youtu.be/LE_Lyx9eOI0 Delegating Responsibility vs. Delegating Tasks, Nov 2015: https://youtu.be/tyGDdKOyssY Is it wise to buy a failing business? Oct 2015: https://youtu.be/DPFbTulgW8g Watch all the videos in one go by visiting the YouTube playlist I’ve set up for them: https://www.youtube.com/playlist?list=PLqomziNDpylXxAqzeBtpL0uxTFAiAI3zN Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/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

Enroll in Business Buyer Advantage Today https://www.BusinessBuyerAdvantage.com Get on my email list https://www.DavidCBarnettList.com Come and hang out with me and some of my small business besties. This year's guests include: Rocky Lalvani, host of The Profit Answer Man Podcast and Richer Soul. https://profitcomesfirst.com/ and https://www.richersoul.com Mike Finger, consultant and blogger extraordinaire over at https://exitoasis.com/ Henry Lopez, investor, entrepreneur and host of The How of Business Podcast https://www.thehowofbusiness.com/ Rick Nicholson, restauranteur, investor, and Wizard of Ads marketing partner. https://www.linkedin.com/in/ricknicholson-wizard/ Jordan Evans, acquisition entrepreneur, investor https://www.languagenetworkusa.com https://www.linkedin.com/in/jordanpevans/ https://twitter.com/JordanPEvans We will discuss 2021 and what we expect for 2022. Come and join us live and ask your questions/share thoughts or catch us in replay over the holidays. Look dangerous like me with Jeff Alpaugh https://www.jeffalpaughcustoms.com/dcb10

Instagram wants to know if it’s a problem to buy in an industry if you know nothing about it. Maybe, is your experience transferrable? How about getting some of your own? Paid to learn. Or- bring in the hired guns. See what I mean in this week’s video: https://youtu.be/FPJnF0WTgyM Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Book a call with me at https://www.clarity.fm/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 link for you: https://www.JeffAlpaugh.com/DCB10