David C Barnett Small Business & Deal Making

Learn to buy a business: https://www.BusinessBuyerAdvantage.com Mark's podcast can be found here: https://nyafinancialpodcast.com/ Related Article: Creating your own financial resiliency. What if you could borrow money whenever you wanted and didn’t have to get an approval? In fact, while I was reading Empire of Imagination, the story of Gary Gygax, creator of Dungeons and Dragons, I learned that the very first edition of D&D was financed using the technique outlined in this interview. This week, I discuss an interesting concept in financial planning that’s been used for over 100 years by wealthy individuals and corporations. It could be something that you decide to make a part of your wealth planning. Let’s listen to Mark Willis about how some people are creating options for themselves based on the type of insurance they buy: Learn how to buy a successful business at https://www.BusinessBuyerAdvantage.com Get an Audible subscription and listen to my book Franchise Warnings: What you Really Need to

Join the class at https://www.BusinessBuyerAdvantage.com Get on my list and learn more at https://www.DavidCBarnett.com Related Article: What’s with the R-word? Well, in the spring there was a question about buying a business in a recession. Last week I released a video about whether business prices go down in a recession. Now, I’m getting all kinds of recession questions. The fact is, small businesses are risky and any ONE business is at risk of recession for reasons COMPLETELY INDEPENDENT of the general economy. So, if there are all kinds of risks out there, do we need to do anything different when buying a business and we believe a recession is coming? Planning for risks is part of the game. You need to put yourself in the best position with the most options possible. I’ve put a few more thoughts into this week’s video as well as announced an early Black Friday goodie for 2019. Watch the video about recessions and small business and a new module that’s been added to Business Buyer Advantage here: https:

Learn how to sell your business: https://www.HowToSellMyOwnBusiness.com Learn to buy a business: https://www.BusinessBuyerAdvantage.com Sign up for my emails and learn more at https://www.DavidCBarnett.com The video with Mike Finger and Michael Kerr is here: https://youtu.be/9jsd_XL7yZE The video about prices going down in recession is here: https://youtu.be/OgmVl20I9Os Market Pulse sources: https://www.ibba.org/resource-center/industry-research/ Related Article: Q1 IBBA Small Business Market Report Analysis The International Business Brokers Association publishes a quarterly market report about what is going on in the market according to their members experience. Come with me and let me show you some of the numbers that really stand out about preparedness, selling prices and who the buyers really are. You’ll also learn why these numbers are skewed from the market in general. Sit back and take a look with me at how 2019 started in the market for small businesses: https://youtu.be/LOGuQ5GUvNA Learn how to

Sign up for a chat spot here: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=H5RKTX36SPYP6 Get on my mailing list here: https://www.DavidCBarnettList.com Book a private call on Clarity here: https://www.Clarity.fm/davidbarnett Calls are anonymous if you wish. Listen to prior year's calls here: https://soundcloud.com/dbarnettmoncton/sets/holiday-chat-2018-real-callers-real-small-business-deal-issues

Learn to buy a business here: https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com Blog: https://www.DavidCBarnett.com Related Article: ------------------------ Rick asks- Do SME prices go down in a recession? I held an online session for some of the graduates of the Business Buyer Advantage online course last week and a few great questions came up. The first one I’ll tackle is here. Do prices go down in a recession? It may seem like an easy answer to say yes, but there is no relationship between the economy and business prices. The relationship is between the business’ financial performance and its price. But that’s not all that changes in a recession. Most notably, the availability of credit can change and this has an effect… on terms! I think you’ll enjoy this one. Watch the video of my thoughts and experiences here: https://youtu.be/OgmVl20I9Os Learn how to buy an already-successful and profitable business: https://www.BusinessBuyerAdvantage.com Book a call with me

November- Lots of replies for this buyer. We’re talking about what financing is available to buy a business. We’re reaching out -and hearing back- from business owners about selling. Some members have too many deals to look at. Learn all about what’s going on in the update video: https://youtu.be/TOTbpEgSATY Join the group. Meet others like you who want to take action to buy a successful business. Participate in our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure Be on the list to learn about Ft. Lauderdale signup for Jan 4, 2020 https://www.DavidCBarnettList.com

Learn to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list: https://www.DavidCBarnettList.com Related Article: What is the best way to consistently find funding for deals? Some of you are not going to like this. You’ll miss out on seeing the cute waitress at the bar. Nathan wants to know how he can consistently get funding for deals. I’ll share my formula that I’ve seen work for almost all my successful clients. HINT: It doesn’t involve financial #hacks or #ninjatactics Cheers Watch the video, I’m sure you’ll enjoy these bits of advice: https://youtu.be/vDQD6DFnsQg Learn how to buy an already-successful and profitable business: 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 #entrepreneurship #investors #loans #capital

Find Chris at https://www.exhibitshub.com Learn more about business deals at https://www.DavidCBarnett.com Related Article Exploring the trade show market with expert Chris Kappes from ExhibitsHub.com. Get those business cards printed up, we’re going to a trade show… Just how big is the trade show industry and why should it be important to you? Chris tells us just how important trade shows are to the business to business community and how big the expenditures are in this business. We also talk about some strategy to be sure your business gets the most out of these amazing sales events. Watch the video, I’m sure you’ll enjoy the stories: https://youtu.be/oD2TBKCfi4s Learn how to buy an already-successful and profitable business: 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 #entrepreneurship #tradeshow #b2b #marketing #sales

Learn to buy a business: https://www.BusinessBuyerAdvantage.com Learn more and join my list at http://www.DavidCBarnett.com Now... on to the stories.... David asks- Can anything good come from Multi-Level Marketing? Also known as- MLM Businesses. You know. You sign up under a friend to become a distributor of a product and part of the appeal is that you sign up others under you to earn a skim off their efforts. Who doesn’t want to enslave their friends and family??? Just kidding! What good things can you learn from signing on with an MLM program? That’s what we explore in this week’s video. As well as learn a bit about David’s past when it comes to these businesses. Watch the video, I’m sure you’ll enjoy the stories: https://youtu.be/ysIAg9jvCiM Learn how to buy an already-successful and profitable business: 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

Clinton's report: http://ukbusinessbrokers.com/kbs-knightsbridge-business-sales-reviews-complaints-feedback-comments/#2019financials Learn to sell your own buisness at https://www.HowToSellMyOwnBusiness.com Related Article: How successful are Business Brokers at selling businesses? A Canadian, an American and an Australian get together to talk about a report from the UK. No, it’s not the opening line of a joke. In this international discussion I’m joined by Mike Finger of http://www.ExitOasis.com, a former business broker in the USA and Michael Kerr, from http://www.KerrCapital.com.au in Australia. Together, this international panel of experts will dissect the recent report from our friend Clinton Lee in the UK about what the data reveals about that country’s largest business broker; K3 Capital. We ask the question- Are business brokers actually successful at selling businesses? Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/9jsd_XL7yZE Learn how I can help you sell your business

Sign up here: https://gum.co/BizBuyerAdventure The leaves are changing colours and some businesses are changing owners. They’re finding new buyers from among the ranks of my Business Buyer Adventure program. We’ve even had one member complete an out-of-state deal! How much will an asset-based lender give you to buy a business? Adventure group members know because of this month’s expert guest and more… Learn all about what’s going on in the update video: https://youtu.be/NpJODHYKKcY Join the group. Meet others like you who want to take action to buy a successful business. Participate in our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure

Find Jamie online at https://www.JamieIrvine.ca Learn more and join my list at https://www.DavidCBarnett.com Learn to buy a business at https://www.BusinessBuyerAdvantage.com Related Article: What does small business success really look like? Where’s your mansion and your pair of Lamborghinis? Is business success all about the bling? If you just watch flashy YouTubbers talking about business success, you’d think it’s all about materialism. I’ve asked fellow Maritimer Jamie Irvine on to talk about business success. It’s a conversation he has often with his clients. -AND- Spoiler alert…. It’s got more to do with freedom than money. (like taking three weeks off to bring your kids across country by train) Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/KY7T2EeWCeg Learn how to buy a business at 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.c

Learn how to buy a business: https://www.BusinessBuyerAdvantage.com Get on my list https://www.DavidCBarnettList.com Related Article: Do ‘Get Rich Quick’ Schemes help you get rich? Victor in the UK wants to know what I think about online adverts that promise you an easy online business that will earn you thousands of dollars each month? I say- YES! It’s all true. But it may not work for you. Listen as I tell the story of an outrageously successful business that got its start as a ‘get rich quick’ scheme. AND- you can see how hard it would be to do the same. Watch the video, I’m sure you’ll enjoy the story: https://youtu.be/3jJOinvUlAs Learn how to avoid risk by buying a business that is already successful: 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 #entrepreneurship #smallbiz #getrich #lamboenvy

Learn to sell your business at https://www.HowToSellMyOwnBusiness.com Learn more and sign up for my email list at https://www.DavidCBarnett.com Related Article: Meet Adam P. He just sold his family’s bakery in Wisconsin. Buying and selling privately held businesses is a private thing. The terms of the deal are often a secret FOREVER. While we don’t talk numbers, Adam was willing to come on the show to describe the journey he and I took to sell the family bakery. This is an example of how things should go when sellers are properly positioned and prepared to meet the questions of buyers. Pay particular attention to how the relationship evolved between the two of them and how this affected the bank’s decisions. Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/_4R4iio6bK8 Learn how to sell a business at https://www.HowToGetOutofMyBusiness.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

Download the product map here: https://gum.co/DCBProductMap/free Learn more about buying and selling businesses and sign up for my email list at https://www.DavidCBarnett.com

Sign up for Business Buyer Adventure here: https://gum.co/BizBuyerAdventure Related Article: September- Adventure is more of what you want. September brings back to school AND changes to the Business Buyer Adventure group coaching program. I made some changes to the program to reflect the different needs of members. I had two goals: 1. Make it more accessible for new members who want to try it out. 2. Give one-on-one time for people who want greater access to me. Learn all about what’s going on in the update video: https://youtu.be/sptC5J2S3Qg Join the group. Meet others like you who want to take action to buy a successful business. Participate in our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure

Learn more and join my list at https://www.DavidCBarnett.com Learn to sell a business at https://www.HowToSellMyOwnBusiness.com Related Article: Being cheap. Sell you biz with no lawyer. Paul wants to know how to sell a business with no lawyer! I get it Paul. Lawyers cost money. But there is a way to reduce your costs while still getting their valuable advice. Listen and I’ll tell you how… Oh, and escrow companies are only used in certain states. Oftentimes the lawyers (or you) just do the closing yourself. Watch the video, I’m sure you’ll enjoy the discussion: Learn how to sell a business at https://www.HowToGetOutofMyBusiness.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 #entrepreneurship #smallbiz #business #HR #hiring

Reach Betty at https://BettyKempa.com Reach Rick at rick@wizardofads.com Find David at https://www.DavidCBarnett.com Related Article: Where do you find good employees? Ron wants to know. I’ve gathered an expert panel including my buddy Rick who has over 65 employees in his restaurant businesses and career coach Betty Kempa. Watch the video, I’m sure you’ll enjoy the discussion: Learn how to buy a successful business at 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 #entrepreneurship #smallbiz #business #HR #hiring

Buy the book: https://amzn.to/2Sw2tTI Learn more and sign up for my list at https://www.DavidCBarnett.com Related Article: How exactly does one meditate and what does it have to do with business? Nick Egan uses his study of Buddhism to help show readers how the issues and obstacles of business may be within our own heads. This is the stuff he uses every day with his coaching clients to help them achieve growth. I enjoyed reading Shift. Many of the ideas are not new to me but a refresher is always welcome. My big takeaway… we colour our world with ‘stories’ or mental programs that we carry with us and rarely challenge. Also, I learned about meditation. Watch the video, I’m sure you’ll enjoy the discussion: https://youtu.be/gBbMbsU7Swg Learn how to buy a successful business at 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 #entrepreneurship #smallbiz #busin

Sign up here: https://gum.co/BizBuyerAdventure Learn more about how I help people buy a business at https://www.BusinessBuyerAdvantage.com Learn more at https://www.DavidCBarnett.com Summer report- 4 Businesses under LOI. I hope you’re not to hot this summer. The people in the Business Buyer Adventure group sure are. Lots of activity going on including four businesses under LOI- An active entertainment business, a pet shop, an online business and a language business. I must tell you though, there are some changes coming to this group program in September. Namely the monthly billing option will likely be disappearing and I’m introducing tiers of membership. Learn all about what’s going on in the update video: https://youtu.be/9lON2B4dJZQ Join the group. Meet others like you who want to take action to buy a successful business. Participate in our group calls and learn from other member’s deals. Sign up here: https://gum.co/BizBuyerAdventure