David C Barnett Small Business & Deal Making

***New Video Alert! What if you can’t find the business you like in your local area? Does it make sense to buy one in another city or state if you don’t have the intention of moving? I’ve known several investors who have pulled this off. This week, we’ll look at the considerations you need to ponder before deciding to go and do this kind of deal. You’ll see in today’s video: https://youtu.be/l2pDy-CI3d0 Cheers See you over on YouTube David C Barnett

Spencer Raises MiLLION$$$ New Livestream guest- Spencer Hilligoss I’m happy to have Spencer join me on a live broadcast. He’s been busy doing private real estate deals and he’s raised millions of dollars via syndication deals. Tune in and as we’ll be discussing how his business operates and what it’s like to attract and accept investor money. If you think you’re just gonna ‘get investors’ this episode is for you as we’ll be discussing all the realities of being responsible for other people’s money. This is a ‘must see event’ for people who need to raise cash to get deals done. Find spencer online at Madison Investing here: https://www.madisoninvesting.com/ Be sure to join my email list so you never miss any new videos at https://www.DavidCBarnettList.com

In this episode of The Profit Answer Man, David C. Barnett, a seasoned expert in buying and selling small businesses shares his insights into the world of business acquisition versus starting a new business. We dive into what makes a business "sell-ready" and explore how preparing your business for sale can improve not only its value but also its profitability and enjoyment. If you're considering growth, David offers invaluable advice on leveraging acquisitions as a path to expansion.

***New Video Alert! I’ve met hundreds of successful business owners over the years, and we sometimes talk about their investments. This week, I show you where they invest their money and why. Also- why the personal finance advice you get online likely would be very bad advice for you if you own a business or intend to buy one. You’ll see in today’s video: https://youtu.be/GlqCelWVNb0 Cheers See you over on YouTube David C Barnett

Live Financial Planning for Biz Owners New Livestream guest- Jennifer R. Lee Author, Founder of Modern-Wealth I’m happy to have Jennifer R. Lee join me on a live broadcast. Jennifer R. Lee is a Florida Financial Planner. She works mainly with women going through divorce who are or are leaving entrepreneurs. We’ll be discussing all things financial planning, how she addresses this very specific client group and the particular concerns you might have if you’re doing well in business and may be planning or afraid of a divorce!! Be sure to join live so that you can ask questions, replay will be available. See you there! David C Barnett Personal Linkedin: linkedin.com/in/jennifer-lee-awma®-aif®-1b5aa56 Website: https://modern-wealth.com/ LinkedIn: https://www.linkedin.com/company/modern-wealth-llc/ Be sure you're on the email list at https://www.DavidCBarnettList.com

***New Video Alert! Yes, you can buy a business quickly. In this week’s episode, I dive into a case study of someone who did just that and add my commentary about the lessons learned. Buckle up for this ride: https://youtu.be/uN8pZ5cCcic Cheers See you over on YouTube David C Barnett

New Livestream guest- Mani Ellefson, the Hands-off CEO Leader, podcast host and author. I’m happy to have Mandi join me on a live broadcast. She’s built a business out of helping entrepreneurs get out of the day to day of operations and truly be free to work ‘on’ their businesses. She hosts a podcast on the topic and is the author of The Hands-Off CEO which is a great book. Tune in and as we’ll be discussing how to develop or hire an operations manager in your business. This is a ‘must see event’ for anyone who doesn’t want to be doing this job themselves 50 hours a day forever while they’re in business. https://book.handsoffceo.com/book https://www.linkedin.com/in/mandiellefson/ Be sure you're on the email list at https://www.DavidCBarnettList.com

David gets invited to give feedback on a panel of small business owners around the topic of whether someone should buy their family furniture business. --Original Show notes--- This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group (https://www.trebuchetgroup.com/ ) . As you may remember, this is a virtual exercise where we offer a business owner—or in this case a potential business owner—the opportunity to pose a challenge he or she is facing to a group of owners and entrepreneurs from the 21 Hats community as part of a brainstorming session. In this case, it was BaLeigh Waldrop who explained why she has mixed feelings about buying the Miller Waldrop (https://www.millerwaldrop.com/ ) furniture business that her parents own. As you’ll hear, BaLeigh has some real concerns: the business has been down of late, it’s predominantly brick-and-mortar, and she would have to work out an ownership structure with a younger brother. The 21 Hats brainstormers as

***New Video Alert! What if a rich person just offered to buy you a business? What would you ask about to make sure the deal was likely to complete? I’ll walk you through it in this week’s video: https://youtu.be/WX3MXtOF8RY Cheers See you over on YouTube David C Barnett

This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB

***New Video Alert! Where are you spending your time watching for hazards to your business? Maybe pencil some time in your calendar for these areas people sometimes miss. Especially important for those not active day to day in their businesses!!! I’ll walk you through it in this week’s video: https://youtu.be/tLGr5rCWfkY Cheers See you over on YouTube David C Barnett

This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB

***New Video Alert! What happens once you own a business. Just clear sailing and profits, right? NOPE- You’ve got to have a continuous attitude about due-diligence in these 11 areas to keep from having to deal with out of control situations growing without your notice. I’ll walk you through it in this week’s video: https://youtu.be/gKrf_lkY6NE Cheers See you over on YouTube David C Barnett

This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB

***New Video Alert! This week- a question from a Canadian who wants to know how to do deals where he lives. But- even Americans should learn how non-SBA deals are done because they can be cheaper! I’ll walk you through it in this week’s video: https://youtu.be/Pwa_EsrHl58 Cheers See you over on YouTube David C Barnett

Bits and Pieces of Leaders- The Fractional C-Suite Movement. New Livestream guests- *Devoreaux Walton MBA, CMO https://berevelant.com/ https://www.linkedin.com/in/devoreauxwalton/ *Jennifer Doherty MIRHR https://jsdhumanresources.ca/ https://www.linkedin.com/in/jsdhumanresources/ *Kevin Robinson, MBA, CPA F-CFO https://www.trajectory-cfo.com/ https://www.linkedin.com/in/kevin-robinson-mba-cpa-98895526/ *Mathew Kerbis, Fractional GC https://subscriptionattorney.com/ https://mathewkerbis.com/ https://www.linkedin.com/in/kerbisverse/ I’m happy to have this great group of professionals join me on a live broadcast. Tune in and as we’ll be discussing when and how growing small businesses can take advantage of fractional specialists and maybe when they need to get one full-time. This is a ‘must see event’ for anyone with ambitions to grow beyond their own personal abilities as business owners. Be sure to join my email list and never miss any of my content at https://www.DavidCBarnettList.com

This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find Jonathan Bennett on Linkedin here: https://www.linkedin.com/in/bennettjonathan/ or at https://www.ClearlyThen.com Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB

The great debate- Is there good small business content online? New Livestream guests- Mike Finger and Clinton Lee These two have been guests on my show before but never locked in heated debate! Clinton is a long-time consultant who helps leading UK entrepreneurs find the best fit business brokers to represent them in selling their businesses. Mike Finger is a multi-exit SMB survivor who coaches small business owners in the US on how to make their businesses more saleable. The discussion? Is there good content online for people interested in buying and selling small businesses or is it all just hype? Mike questions what he finds to be most popular. Clinton says it’s there, but you’ve got to discern the quality of what you consume. We’re going to discuss this and see if online content creators deliver for SMB learning or if you should be spending your time at the library or something. Find Mike Finger online at https://exitoasis.com/ or on Linkedin at https://www.linkedin.com/in/mike-finger/ Find Clin

***New Video Alert! I often get asked what kind of businesspeople should be looking for. So, today I made a list of criteria for people to consider when deciding what to buy or start when it comes to the world of small business. I’ll walk you through it in this week’s video: https://youtu.be/_6rezgHbVN4 Cheers See you over on YouTube David C Barnett

Are you in Sales? Or are you a CLOSER?!? New Livestream guest- Bob King- extreme closer and author. I’m happy to have Bob join me on a live broadcast. He’s got years of experience in Hollywood and in direct sales and closing deals in one day. Tune in and as we’ll be discussing his new book; The Joy of Closing. This is one of the best sales books that I’ve read in awhile. I enjoyed it so much, I asked Bob to be on the show. This is a ‘must see event’ for anyone who needs to bring in revenue to a business or manage some sales people. Bob's website: https://www.joyofclosing.com/lander Linkedin: https://www.linkedin.com/in/bob-king-7a37951/ Buy the book at https://www.DCBBookList.com