David C Barnett Small Business & Deal Making

Getting a qualified buyer to respond to a listing requires some planning and facts that align… Carl is asking me for help in finding qualified buyers for his listings. What does a qualified buyer look like? Someone who can operate the business, likes the business, has money to buy the business, good credit scores and will impress the seller. What might be scaring these people away? Let’s address this today. Watch here now: https://youtu.be/YT-iZ1x3VP0 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-

New Livestream guest- Joel Ankney Find Joel on Linkedin at: https://www.linkedin.com/in/joelankney/ Website: https://www.JoelAnkney.com **** Please fill in the Viewer survey at http://www.DCBsurvey.com I’m happy to have Joel join me on a live broadcast. Joel is an experienced small business attorney and author of Here’s the Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business. I read the book, it’s good. Find it online at https://www.amazon.com/shop/davidbarnett So good, it’s now used in some universities as a text. Tune in and as we’ll be discussing the realities of small business deal making paperwork and contracts, offers, etc. This is a ‘must see event’ for anyone who wants to buy or sell a business. Be sure to join live so that you can ask questions, replay will be available. Set yourself a reminder on YouTube here: https://youtube.com/live/Vu3b9z8n4jM Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow o

Understanding how much a bank will lend….and why it really doesn’t matter. This week, a question about how much money you can borrow to buy a business. I don’t say how much. Instead, I show you the process on how to understand it and why even that doesn’t really matter in the end. What is important? Tune in and I’ll tell you… Watch here now: https://youtu.be/F1tMPYzmpAA 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

New Livestream guest- Clint Fiore, principal of Bison Business. I’m happy to have Clint join me on a live broadcast. Clint has 8 years of experience as a business broker in Texas. Tune in and as we’ll be discussing how higher interest rates are affecting deals that he’s facilitating and what sellers may be feeling in response to this new pressure. This is a ‘must see event’ for buyers and sellers of small businesses. Be sure to join live so that you can ask questions, replay will be available. Find Clint online at https://www.bisonbusiness.com Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this link: https://www.JeffAlpaugh.com/dcb10 If you enjoyed th

The investigation you know will likely FAIL! This week, I answer a question about how to do due diligence when buying a small business. I answer, then tell you why it likely won’t be a success and what smart buyers do about that. Watch here now: https://youtu.be/CaudTeAkWWQ 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

Buying a distressed business. Is there a way to make this work? There might be, if you find just the right kind of distressed business or a seller who knows they’ll end up responsible for part of the debt. Watch here now: https://youtu.be/CaudTeAkWWQ If you’re a small business owner struggling with short-term and high-cost debts, check out this debt-relief program from Bardwell Creative. It can help you deal with the lenders without going to court. https://courses.bardwellcreative.com/courses/business-debt-settlement-course?ref=6a30ba 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever

Invest in a Small Business and limit your liability. Can you invest in a small business the way you can buy shares in Coca-Cola? Abdulla wants to learn how he and others can invest in a small business and not be personally liable for any bank loans. Let’s check out the options and see if we can figure this out and what to watch out for as an investor. Watch here now: https://youtu.be/gklt39rL95k 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution

A wonderfully popular past guest is coming back… Lisa Forrest, Director of SearchFund Lending at Live Oak Bank. I’m happy to have Lisa Forrest join me on a live broadcast. Lisa has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs. What is changing in 2023? Interest rates, seller expectations and more. What about the experience of many searchers post-closing? We’ll ask Lisa. This is a ‘must see event’ for anyone who is buying a business in the US and may want to take advantage of the different SBA loan programs. Reach Lisa at lisa.forrest@liveoak.bank or on Linkedin at: https://www.linkedin.com/in/forrestlisa/ See you there! David C Barnett Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://

Comparing Small Businesses by the numbers. I get a lot of questions from analytical folks who want to understand the best target numbers to look for when analyzing small businesses. Especially when comparing several opportunities. In this episode, I’ll give you the method I teach for determining which business to pursue. Watch here now: https://youtu.be/hcJZVDkDdTM Learn how to make accurate cash flow forecasts here: https://www.BizPlanSchool.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obli

David’s LinkedIn Hacks. A recent event showed me how many businesspeople are not online. So, why then should you spend time trying to build a network on LinkedIn? In this week’s video, I’ll explain how I benefit from LinkedIn and why the size of your network is paramount to success. I’m also going to share my tactics that get my requests accepted. Watch here now: https://youtu.be/l-eILU6jt0E 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

How big a business should Luke buy? If he gathers all his money together, Luke says he can buy a business up to $10M. Should he? In this video, I lay out the considerations that you should be thinking about when you decide how big a business to pursue. Again, much of the consideration depends on what you plan to do after the transaction. And- I’ll tell you why getting this right will set up your business empire for years to come. Watch here now: https://youtu.be/pm3BGOcNE9I Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access

Avoiding personal guarantees on business loans? Can one avoid a personal guarantee on a business loan? I explore the ways in which I’ve seen them limited or avoided. But, it was a real head-scratcher to work on for sure… Watch here now: https://youtu.be/1XOhSrIB4co Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

What is the formula for a business as a going concern? If you apply the method and get a result that seems intuitively wrong, what do you do? This week I get a question from Verasen who wonders about the result of a business value formula. We need to take things back to basic principles in order to understand why the result is valid. Watch here now: https://youtu.be/TcgEaNrn3I4 Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign

Original show notes: Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation! That's our goal for you! Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Bio: David Barnett has been working with small and medium-sized businesses for over 20 years. He has helped entrepreneurs buy and sell them. He ha

In this video, I'm interviewing Aga Asbury, a business broker who can help small businesses get visas to work in the USA. Aga is an expert in the field of immigration and can help small businesses get visas for E-2 status, which is the most common visa for small businesses. If you're interested in starting a business in the USA and need help getting started, be sure to watch this video! Aga will share with you everything you need to know about the E-2 visa process, from filing the paperwork to finding the right business broker. After watching this video, you'll have everything you need to start your business in the USA! New Livestream guest- Aga Asbury, Senior Immigration Counsel at Ford Murray Law. https://fordmurraylaw.com/ Learn tons about the E-2 Entrepreneur Treaty Visa. I’m happy to have Aga join me on a live broadcast. Aga made her way to the USA in her own immigration journey and is now an attorney specializing in helping people move to the States via entrepreneurship visas. Tune in and as we’ll b

No profit on paper, but is this still a deal? Cortez asks about a business that makes no profits but has a lot of valuable equipment. Can the equipment allow the business to be financed? Great question. Let’s dive in… Watch here now: https://youtu.be/SUrw_kAHdgc Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com

Thanks John for inviting me onto your show. ------Original Notes----- David Barnett is a business brokerage expert who works with entrepreneurs worldwide to help them buy, sell, and organize their small and medium-sized businesses. He is also a speaker and educator. David is the author of several books including Invest Local: A Guide to Superior Investment Returns in Your Own Community, Credit Card Advantage: Understand the Costs and Benefits to Your Business, Franchise Warnings: What You Really Need to Know Before You Buy, and How to Sell My Own Business. In this episode of the Smart Business Revolution Podcast, John Corcoran is joined by David Barnett, an author and speaker, to discuss best practices for buying and selling businesses. They talk about how David started his business brokerage company, tips to structure a win-win business sale, and how creating online content helps build trust.

An easier way to save on contracts. New Livestream guest- Wesley E. Henderson I’m happy to have Wesley join me on a live broadcast. Wesley is an experienced small business lawyer from South Carolina who has worked on hundreds of buy/sell deals and is now also the co-founder of Drafted Legal. Tune in and as we’ll be discussing contracts and paperwork for small businesses that they use with customers, suppliers and other parties. This is a ‘must see event’ for anyone who wants a better understanding of why paperwork is important and how to put it together in a cost-effective way. Be sure to join live so that you can ask questions, replay will be available. Find Wesley's firm online at https://hhlawsc.com/ Drafted Legal is at https://draftedlegal.com/ use promo code 'David' to save on your order. Wesley's email is wesley@hhlawsc.com Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidit

Would I recommend financing 100% of the sale of this business? A Twitter user is facing a question…. Should he sell his business to his 20-year employee and right hand man with 100% seller financing? Does it make sense? I asked him to book a consulting call and he didn’t. Here’s what it would have sounded like if he had… Watch here now: https://youtu.be/WiwlM0deCvs Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com 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 Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-

New Livestream guest- John Jantsch I’m happy to have John join me on a live broadcast. John is the man behind Duct Tape Marketing. Have you heard of it? He’s written books, done speeches and taught about his special marketing framework. Now, he licenses this intellectual property to consultants around the world! Tune in and as we’ll be discussing small business marketing AND using licensing as a way to grow a business without the complications of franchising. This is a ‘must see event’ for people who like marketing or are looking for ways to grow revenues from something smart they’ve put together. Thanks to our sponsors: Mark Willis of Lake Growth Financial Services. Build an equity asset that is guaranteed to grow over time, never lose value and give you access to liquidity whenever you need it without having to qualify for credit- EVER. Learn more and sign up for a no-obligation consultation at https://www.NewBankingSolution.com Look good. Get a new shirt from Jeff Alpaugh Customs and save with this