***New Video Alert! What’s more important to you? Money or time for personal pursuits and relationships? This week, I take a stab at how to value your time and some very important considerations you need to make before you get into business. Watch this week’s video here: https://youtu.be/KwNwBaZA1WA
Byron wants to know how to understand what’s going on in one branch of a multi-branch business when there are no records kept breaking out sales by location. Tough problem.
We’ve all seen multi-location businesses in most cities and towns. What happens if you want to buy just one location but the owner is all mixed up with record keeping?
It actually happens all the time for different reasons.
You would think that the owner would want to know how each location is performing with respect to the rest. Well they do, but that is because they have a perspective you do not.
Watch as I discuss one of my favourite solutions to this problem: https://youtu.be/ef_vu8epGpA
Join the small army of smart business people who’ve learned how to buy a business successfully with my Business Buyer Advantage Program. You can access the course at www.BusinessBuyerAdvantage.com and learn more about how it works from this video I made in the spring: https://youtu.be/ooixMSaFf6Y
FREE- Download a copy of my e-book; 12 Things to do Before You Consider Selling Your Business. (No, I will not put you on an E-mail marketing list)
Please remember to like and share this article, it’s the only way the people who run the internet have of knowing if the content is any good or not. The more you share, the more likely someone who needs this information will be able to find it.
Go to www.DavidCBarnett.com and sign up for my weekly e-mail. Easy unsubscribe at any time as I use MailChimp and I’m not interested in harassing people who don’t want to hear from me.
If you’re into podcasts, you can now easily subscribe to the audio of all my new videos on iTunes.
This fall I’ll be in Halifax (www.ceed.ca), Moncton, NYC, Toronto. Find out more and sign up at http://davidbarnett.eventbrite.com
Thank you and I’ll see you next time.
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https://www.youtube.com/watch?v=ef_vu8epGpA
Learn to buy a business at https://www.BusinessBuyerAdvantage.com
Join my list https://www.DavidCBarnettList.com
Learn more on my blog at https://www.DavidCBarnett.com
Related Article:
The problem of small strategic acquisitions.
Shiraz wants to build a portfolio of small businesses run by managers.
His problem is that the numbers just don’t seem to work.
So how can we figure out how to acquire a good business at a reasonable price to make a good investment?
Is it even possible?
Let’s take the question apart and consider it from several points of view.
Check it out here: https://youtu.be/jmRz4sqFAk4
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 videos and other news. Join my email list here: https://www.DavidCBarnettList.com
ebitda what is ebitda cash flow
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https://www.youtube.com/watch?v=jmRz4sqFAk4
***New Video Alert!
What does it cost to grow a small business?
Where do you start?
More sales?
Run some advertising?
You start with a plan. Watch.
Watch this week’s video here: https://youtu.be/UD06KAjDvuo v
Cheers
See you over on YouTube
David C Barnett
#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #buyabusiness #growth #sales #customers #locations #businessplan
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!, https://www.BizPlanSchool.com
- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
...
https://www.youtube.com/watch?v=UD06KAjDvuo
***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
#businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #entrepreneur #buyabusiness #startup #team #consultants #experts #advisors
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!, https://www.BizPlanSchool.com
- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
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https://www.youtube.com/watch?v=hA75uMo3cNw
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 this show and want more great small business content, head over to https://www.SMBPodcastNetwork.com and find more great shows and conversations.
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https://www.youtube.com/watch?v=JJgMUfF9CLI
I tell the story of how not to sell high valued items by recounting my experience in a timeshare sales seminar at the Vidanta property in Puerto Vallarta, Mexico.
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Learn how to buy an already-successful and profitable business in a risk-reduced way: https://www.BusinessBuyerAdvantage.com
My guide to sell your own business: https://www.HowToSellMyOwnBusiness.com
Learn more at https://www.DavidCBarnett.com
Follow me on Twitter, Instagram, Facebook, & LinkedIn: @DBarnettMoncton (If you share this video, please tag me!)
…............
Thanks for stopping by and checking out my video.
I love hearing from you so please leave a comment or question below. I might even use your question in my next video!
Stop missing my new videos. Join my email list here: https://www.DavidCBarnettList.com
Learn more about how to organize your small business so that it can run better and sell more easily at www.EasySmallBizSystems.com
About ME: My name is David C. Barnett. I am a consultant and I work with entrepreneurs around the world to buy, sell, and organize their small to medium sized businesses. As a former business broker, I have seen many people do bad deals and lose their life savings as a result. So, I made it my mission to start this channel to help educate people on ways to invest smarter and to ask questions, so they don’t get trapped into doing bad deals.
I am also an author and written books such as Invest Local: A guide to superior investments returns in your own community. My most recent book is Smarter than a Startup: The Risk-Reduced way to get the business of your dreams up and running. Other titles include, How To Sell My Own Business and Franchise Warnings: What you really need to know before you buy. All titles are available here: https://www.investlocalbook.com/p/buy-book.html
LET'S CONNECT!
Hit the SUBSCRIBE button now: https://www.youtube.com/user/DavidCBarnett
-------- Join my email list: https://www.DavidCBarnettList.com
-------- Book a call with me: https://www.clarity.fm/davidbarnett
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-------- Twitter: https://twitter.com/DBarnettMoncton
-------- LinkedIn: https://www.linkedin.com/in/davidbarnettmoncton/
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-------- Email: info@alpatlantic.com
#businessbroker #smallbusiness #mergersandacquisitions #smallbiz #entrepreneurship #acquisition #entrepreneur #investing #investors #business #SMB
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https://www.youtube.com/watch?v=go-pn0LR7zQ
Discover how a small business, led by a passionate team, can transform and thrive just like a star player elevating a basketball team to greatness! ?? #SmallBusinessMagic #LeadershipImpact #BusinessSuccess #youtubeshort #shorts #smallbusiness #short #shortvideo #business #smb #partnership #shareholder #entrepreneur #entrepreneurship #canada #usa #reels #instagram #businessessupportingbusinesses #smallbusiness #smallbusinessowner
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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!, https://www.BizPlanSchool.com
- Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com
-Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
...
https://www.youtube.com/watch?v=rXV6xlIAR9g
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.CallDavidBarnett.com
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
I respond to some YouTubers who say that you need to have a cutthroat mindset to make it in business.
I disagree.
I think this attitude will sink your long-term prospects in business.
Except, if you operate under some specific circumstance.
Instead, I give you my thoughts on the kind of attitude that pays off in business.
Check it out in this week’s video: https://youtu.be/3dv8PC8aEVo
Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
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https://www.youtube.com/watch?v=3dv8PC8aEVo
Getting Credit in your Business Name Without a Personal Guarantee
New Livestream guest- Andrew Cervenka
I’m happy to have Andrew join me on a live broadcast.
Andrew and team have been helping small businesses establish trade credit and corporate creditworthiness for years.
Tune in and as we’ll be discussing what it actually means to develop corporate credit and why you might want to.
This is a ‘must see event’ for business owners that are worried about all their personal guarantees on all the credit products their business uses.
Find Andrew online at acervenka@jgalt.io
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https://www.youtube.com/watch?v=Yxl2ckA6-y4