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

If you've got a successful business then you have something to protect. How can we make use of insurance to protect partners, end partnerships, attract and retain key employees and more. Certified Financial Planner Mark Willis will show us some tips and tricks on how to employ insurance products to achieve business goals. Find Mark at https://nyafinancialpodcast.com/

What Might Your Business Be Worth w/ David Barnett - EP029 by David C Barnett

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... This 18-year-old wants the best of both worlds, how can he get it? Khush wants a career in computer science and own a business on the side with a manager. What books and materials would I recommend today for him to learn? None! I explain in this week’s video: https://youtu.be/ES4waXr2Yas 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 business brokers smb how to buy a business mergers and acquisitions

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Everyone loves lists. I list out my top 5 tips for buying a small business. They have to do with planning, your gut, liquidity and more. Check out Amazon for my book- 21 Stupid Things People do when Trying to Buy a Business to see the dumb things list. Watch this week’s video here: https://youtu.be/NM0ZGZ2WXCk 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 business broker smb how to buy a small business mergers and acquisitions business brokers

Original show notes.. reposted with permission. ------------------------------------- On today's show, I talk with David Barnett, who is an expert in buying and selling business. I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover: How did David become an expert in buying and selling "main street" businesses? Should you buy or sell a business in retirement? Aligning your business venture to your interests Why buying a business and being "hands-off" is an unrealistic expectation Don't be fooled by the promise of buying an "absent-owner" business There is a lot more to owning a self-serve car wash than just collecting quarters What are the most important things to think about when buying a main street business Why do you need to make a proper cash flow projection Three components of the typical financing for main street business transactions Red flags when buying a business How Seller Financing can help foster a successful transition The fragile nature of businesses Does the goodwill of a business reside with the business or the owner? Connect with David YouTube New Website! The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle. Connect with David DeWitt Subscribe to the Invest Smarter Newsletter (Bottom of the page) Connect on LinkedIn Get a Free Financial Assessment If you received any value from this podcast, please leave us a 5-star review on Apple! Leave a review!

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Eric is concerned after 18 months of looking. Should he be? Can he do more? Firstly, in the video, I mention a business broker. His actual name is Curt Maier. Sorry Curt! Eric writes to me because he’s been looking for a year and a half and is concerned. Should he be? What is Eric doing to find a business and is there something that can speed up this process? I explore the market, the role of brokers and how much of the market they can really access for you and more. Watch this week’s video here: https://youtu.be/UEvf1PRz-bY Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.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 business brokers smb

Original Show Notes: Buying and selling a company will most likely be the biggest transaction people will have. Don't go into a transaction like this blind. Learn from author, podcaster and consultant, David C Barnett, who is an authority on how to buy and sell companies the correct way. Mistakes can be very costly when selling or purchasing a company if it's done without the proper knowledge of what to look for and how to prepare for the transaction. Learn from a pro on this episode of DIY for Business Find DIY For business here: https://www.diyforbusinesspodcast.com/

If you want to see the video with the websites Jarryd is demonstrating, find it here: https://youtu.be/BlMOO4F5epw https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Jaryd Krause gives us the rundown on buying small passive income online businesses. Notes from Jaryd… Empire Flippers - https://empireflippers.com/ FeInternational - https://feinternational.com/ Investors Club - https://investors.club/ Quiet Light - https://quietlight.com/ Motion Invest - https://www.motioninvest.com/ Flippa - https://flippa.com/ Jaryd's YouTube Channel - https://www.youtube.com/channel/UCQ3g6G2USlnq7EgnUsajTBw?sub_confirmation=1 Jaryd's Due Diligence Framework - https://buyingonlinebusinesses.co/duediligenceframework Tune in to the live premier or watch the replay here: https://youtu.be/BlMOO4F5epw Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.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 smb seller financing vtb seller note passive income make money online online businesses

My local real estate investing club invites me to come and do a talk via zoom at their monthly get together.

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Wayne says its ok to buy a business with no money if the cash flows. Does it? Videos mentioned within: • Non-Financial Considerations when you buy a small biz https://youtu.be/nV-h9tm1Gkk • Questions on Seller Financing https://youtu.be/YhEs5CG3uGs • Buy a Business with no money tab https://www.investlocalbook.com/p/buy-business-with-no-money.html • Using Machinery for collateral https://youtu.be/hojEFy-pFtc • Escape the Banker’s Rules Carefully https://youtu.be/W6WBiRp-LK4 • Anatomy of a real no-money deal https://youtu.be/HLNmOvfok6A Wayne suggests how to do a deal with no money. It does make sense for a buyer, but what about the other players in this deal? What do they think and how do you deal with their concerns? Very important video, especially if you’re broke. Watch this week’s video here: https://youtu.be/lx-Qyvh_ROA Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.com Build a proper cash flow forecast for any business https://www.BizPlanSchool.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 business brokers vendor financing smb