David C Barnett Small Business & Deal Making

HC#011 Buyer007 has a license to search! This anonymous caller wants help to figure out why he can’t find good deals, why the sellers on bizbuysell are playing the Bait and Switch game and if a franchise might be the answer. If you listen to the end, however, you’ll hear a really juicy part about his mistake in calculating his BATNA (Best Alternative to a Negotiated Agreement) as he forgot to include one really big cost/benefit of doing a deal which may cause him to totally change his criteria. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get h

***New Video Alert! Part 7 of the ‘Get into Business 101’ summer series. Today, we’re talking about Raising Money and doing Due diligence. I dispel a lot of misconceptions about where you find investors, how you get the cash to fund your business acquisition and how you manage the process of due-diligence. Don’t get into something that might bite you! Check out this week’s video: https://youtu.be/aXiN3L69UH0 Cheers See you over on YouTube David C Barnett

Scale and Sell a Service Business with Mini-Me’s New Livestream guest- Jonathan Bennet I’m happy to have Jonathan join me on a live broadcast. He’s has grown a consulting business by training others on how to deliver the services, then sold it off in a management buyout! Tune in and as we’ll be discussing his journey and how he executed this very difficult transition from ‘being the guy’ to being a true owner. We’re also going to dip our toe into the world of ‘B-Corp Status’ and how it helped in marketing to a very specific customer segment. This is a ‘must see event’ for anyone in the service or consulting industries. Join Jonathan on Linkedin: https://www.linkedin.com/in/bennettjonathan/ Website: https://clearlythen.com/

HC#010 Isaac buys a VERY SMALL window replacement company. Actually, it’s his dad’s and he wants Isaac to do the deal so he can retire six months from now. They’re both realizing that this may not be a very valuable business, so, can dad grow it enough in a few months for it to make sense for his son to pay big bux for it? If not, is there any value at all and how should we be thinking about the value of what is there. Even though it’s small, it would be easier to take it over than to start something from scratch. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerA

***New Video Alert! Part 6 of the ‘Get into Business 101’ summer series. Today, we’re talking about Making Offers. Lot’s of em. AND- what we can learn from the responses we get back from sellers. Check out this week’s video: https://youtu.be/rXftHpMBSBM Cheers See you over on YouTube David C Barnett

Do you look good on camera? New Livestream guest- Loreta Tarozaite Executive Presence Strategist and On-Camera Coach. I’m happy to have Loreta join me on a live broadcast. She has been working in marketing, communications and making people and companies look good for over a decade. Tune in and as we’ll be discussing managing the way you appear and seem to people over virtual meeting media. This is a ‘must see event’ for anyone that wants to make a great impression over Zoom or other modern media. Find Loreta on Linkedin https://www.linkedin.com/in/loretatarozaite/ Do the assessment https://www.loreta.today

Ernie just sold his first business for a customer and now wants insights into growing his business brokerage. The goal? Build up enough cash to exit and buy another business. We talk marketing, positioning, value propositions and more. If you’ve ever dreamed of collecting a 10% fee on the value created by SMB entrepreneurs on exit, you’ll find this conversation very insightful. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.

***New Video Alert! Part 5 of the ‘Get into Business 101’ summer series. Today, we’re talking about BATNA Best Alternative to a Negotiated Agreement and why it matters. Also, how startup entrepreneurs control risk via Effectuation and why a startup plan should be in your BATNA calculation. Check out this week’s video: https://youtu.be/JUnEVQ_aCgo Cheers See you over on YouTube David C Barnett

HC#008 Joe wants to buy a business and he knows the industry. What’s the problem? All the sellers want 10X cash flow!?! What on Earth? How do we convince them they’re nuts and make a deal to buy this business? We walk through the options, and I give him some ideas. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans fr

***New Video Alert! Part 4 of the ‘Get into Business 101’ summer series. Today, we’re talking about your search plan. People have a hard time considering how you go out and buy something that ‘isn’t for sale.’ Easy. It’s a sales exercise. Also, even if you want to start a business, you don’t want to miss this step and I’ll tell you why. Check out this week’s video: https://youtu.be/YS7gW0qk_P8 Cheers See you over on YouTube David C Barnett

Growing a new franchise Brand. The challenges and opportunities in something new. New Livestream guest- Megan Rosen- Beef-a-Roo. I’m happy to have Megan join me on a live broadcast. She’s has years of experience in the realm of franchise development. Tune in and as we’ll be discussing the growing challenges and pains of starting a new franchise brand. In this case, a mid-western, mid-market sit down dining experience called Beef-a-Roo. They have a milkshake subscription! This is a ‘must see event’ for people thinking about franchise opportunities or making their business into a franchise. Walk through video of the 'container location' https://youtu.be/XL6_p5a9lHo?si=g4h9BQqEo0ULEock Find Megan on Linkedin here: https://www.linkedin.com/in/megan-rosen-cfe-b3929354/ Find Beef-a-roo's here: https://beefaroo.com/

HC#007 Harry wants Uncle Sam as a customer. In this call, he and I discuss an opportunity for a temporary staffing agency that sells to a few government departments. What are the risks? What pricing makes sense? What if those contracts don’t renew? Gulp! Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!

Find the original podcast page with notes here: https://razorbranding.org/financial-side-of-branding/

***New Video Alert! Part 3 of the ‘Get into Business 101’ summer series. Today, we’re talking team members. This is something you do before you get into business. I’ll explain the experts and the not-so-experts that you need to find in your community and online. Check out this week’s video: https://youtu.be/hA75uMo3cNw Cheers See you over on YouTube David C Barnett

X-Ray the personality of someone before you hire them! New Livestream guest- Fletcher Wimbush I’m happy to have Fletcher join me on a live broadcast. He’s got over a decade of experience in hiring and talent acquisition and evaluation. Tune in and as we’ll be discussing DISC assessments in the hiring process and how to properly use them. This is a ‘must see event’ for anyone who will need to grow their team in the future. Find Fletcher on Linkedin here: https://www.linkedin.com/in/fletcher-wimbush/ https://www.discovered.ai

HC#006 Jim is a smart computer guy. He and his buddies have the skills to take a SaaS business to the next level. Just one thing- they won’t sign personal guarantees on loans. So, what is the plan or a workable strategy to try and raise millions of dollars to buy a business without going to a banker? In this talk, we discuss crafting securities, thinking about the investors as a market and the relationship between the buyer, investor and the seller in a crafty non-bank deal. If you're interested in working with Jim and his team, contact him at https://bluesagedata.com/ Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable busi

***New Video Alert! Part 2 of the ‘Get into Business 101’ summer series. Today, we’re talking resources. Understanding what you’re working with will inform your options. Money Debts Personal Assets Skills and Experience. Check out this week’s video: https://youtu.be/8_IiRwZ0bOo Cheers See you over on YouTube David C Barnett

Business Seller’s Journeys with Business Brokers New Livestream guest- Neal Isaacs I’m happy to have Neal join me on a live broadcast. Neal has sold dozens of businesses in his role as a business broker with VR Business Brokers in Raleigh, NC. Tune in and as we’ll be discussing what ideally a broker should be telling/showing/helping sellers with and we’ll hear some of his stories from the trenches. In particular, I’m going to ask Neal about how, as a broker, he views his inventory of businesses for sale. Find Neal online at https://vrbiztriangle.com/ On YouTube @RaleighBusinessBroker https://www.youtube.com/@RaleighBusinessBroker

HC#005 JB is frustrated by not being able to find a good small business to buy. If you feel the same, you’ll want to listen to this. I break down proprietary search, broker channels and what a hard-working buyer needs to know about finding deals and why it can take so much time. If it was easy, everyone would do it. This is the least-transparent market on Earth and there are gems for those who aren’t afraid to invest time and money. Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Join David's email list so you never miss any new videos or important information or insights, https://www.DavidCBarnettList.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.c

***New Video Alert! If you’re going to be in business for the long term and grow, you need customers who think highly of you. This means they’ll refer you and buy again. But you’ll never have this if you lack this one crucial element… Integrity. I’ll show you how to maintain it in this week’s video: https://youtu.be/hR-y5ceSjB0 Cheers See you over on YouTube David C Barnett