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

I joined Ted on Oct 5 for this live zoom call. Enjoy. Ted's original show notes: ---------------------------------Expect a few surprises. They might change your perception and increase your opportunity. People wanting to buy a business face may appear to be three insurmountable obstacles: • Business Brokers. • Buyer competition. • Poorly prepared and unrealistic sellers. In this presentation, you’re going to learn how to go over, around or through them. What about dealmaking during uncertain times? What's to know about searching/buying during a Seller's Market? Why am I not seeing enough of what I want to buy? How to get more and better deal flow? What about outsourcing search? Using/paying finders? How to handle question of net worth and available funds to source the acquisition? What about business brokers? Help or hinderance? Broker management: How to stay top-of-mind with all the other searchers out there? How to go about a proprietary search in the most efficient manner? Are there successful alternatives to drip campaigns? Who do brokers and sellers take more seriously? Self-funded people wanting to buy a business? Search Funders? $1 million business threshold. Adjustments / Add-backs? Business cycle and valuation? Please subscribe and email Ted Leverette from partneroncall.com to schedule a Zoom chat. Ted Leverette enables buyers of profitable small and midsize businesses in the USA, Canada, Australia and the U.K. to be the 1st choice of brokers and sellers, which results in more-profitable done deals sooner with less aggravation at lower cost. How? Read his how-to books. And then let him help you deploy proven best practices. Ted J. Leverette, The Original Business Buyer Advocate ® “Partner" On-Call Network, LLC Searcher and Transaction Advisory: Prepare-Search-Offer-Buy PartnerOnCall.com (Not a business broker; never have been.) Get these books on Amazon or PartnerOnCall.com 120 Financial Lifelines for Small Businesses (Free) How to Prepare Yourself and Find the Right Business to Buy How to Buy the Right Business the Right Way 21st Century Entrepreneur Ideas for Kids and Aspirational Adults (Free) How to Get ALL the Money You Want For Your Business Without Stealing It (USA and Canadian versions.)

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Alexia wants to know about the warranties offered by sellers. If someone lies and costs you money, you sue them right? But what if the solution costs more than the problem? This is the issue with representations and warranties when we talk about small business transactions. In order to deal with potential lies and misdeeds on the part of sellers, we need two powerful tools that we can use in the even there is a problem. Watch here: https://youtu.be/LStVgWOM2LI 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 broker business brokers vendor financing seller financing smb

Ryan was kind enough to let me share this track. here are his original show notes..... David Barnett has been an owner, broker, buyer, seller, and everything in between. He’s written a dozen books or so about buying and building companies. This is a fun conversation. We dive into questions such as… — Are small businesses a better investment than properties? — Is this a good business? — I’ve heard you can buy a business with zero down. Is that true? — Are there businesses I can buy while keeping my day job? Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 David C Barnett - https://www.investlocalbook.com/ http://ukbusinessbrokers.com/business-acquisition-courses/ David’s YouTube Channel - https://www.youtube.com/channel/UCbR8hQfFxBI4Idh4Zw65yZQ Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com Lisa Forrest - Lisa.forrest@liveoak.bank 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video Ryan Twitter - https://twitter.com/RyanPaulCondie

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... JT wants to know about losing a house to the bank Can someone lose their house to the bank in a bad deal? It’s not something that usually happens if you buy right. What I’ve seen more of is people losing a house after their business becomes more successful. There is risk in business, you need to offset this in your dealings outside the business. Watch here: https://youtu.be/XNzqWU1e9NU Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 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 minimalism business broker smb mergers and acquisitions heloc business valuations

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... What if the suppliers won’t give you the same trade terms? Steve wants to know what happens when a business is sold as far as transferring over the name and all the accounts. What about customers? What about suppliers? What if they won’t give you the same terms? What if they don’t like you?!? Watch here: https://youtu.be/UJjtGc4pTxA Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.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 due diligence business broker business brokers smb mergers and acquisitions

Tonight I had John Warrillow on as a live guest talking about building value and exiting a business. John shared some of his own experiences and things he's seen from the world of exits. Learn more about John at https://builttosell.com/

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Nobody likes to lose money, especially bankers. Buyers are trying to do deals that mitigate risk. Sellers want the most money possible. How might a seller help a banker feel comfortable doing a loan? It may come down to the terms and conditions of the seller note. Watch here: https://youtu.be/e3mAqBhS0-c Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.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 business brokers vendor take back

What, besides the numbers, is important? People buy a business for many reasons. In this week’s video, I’ll challenge you to consider whether you’re qualified to run the business AND whether it will take you where you want to go. Watch here: https://youtu.be/nV-h9tm1Gkk Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.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 mergers and acquisitions mergers and acquisitions basics

https://www.BusinessBuyerAdvantage.com https://www.HowToSellMyOwnBusiness.com Learn more at https://www.DavidCBarnett.com Related article... Landlord wants more, what does that mean for me? Zafer says that his rent sometimes seems high, sometimes seems low. How can you tell if it’s the right price? What does it mean if local rents are going up? What if you own and you are your own landlord? Watch the video and I’ll tell you what I look for when analyzing a business’ expenses. Watch: https://youtu.be/FVuvjpIBd60 Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com Learn to sell your business https://www.HowToSellMyOwnBusiness.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 commercial real estate smb mergers and acquisitions commercial real estate investing how to invest in commercial real estate

Original show notes: ------------------------------------------ Please give a very warm welcome to the show David Barnett. Top 3 Amplifiers: 1. Defining a small business 2. Why buy a business over starting a new one 3. Common mistakes to look for when buying a business To listen, find other episodes, access the show notes, and find out more go to www.amplifyto7figures.com. Enter the giveaway here: https://amplifyto7figures.com/giveaway Find this podcast on iTunes: https://go.amplifyccom.com/itunes