Debt Free in 30

302 – Debt Traps of Buying a Business


Listen Later

If you're thinking of buying a small business, this podcast is for you. Over the years, we've had a lot of clients who decided to buy a business either because they were frustrated with working for someone else and they wanted to go out on their own, or maybe the owner of their company wanted to retire. While there are benefits to small business ownership, how do you avoid the debt traps? How can you make the most of your purchase and avoid undervaluing your own contributions? And what does owning or selling a small business look like now in COVID-19? On today's show David Barnett, a business broker and adviser, shares practical advice to help you think through the costs of purchasing a business and provides insight into how transactions are doing amid the pandemic.

Related Links:

David Barnett's Website: www.davidcbarnett.com  

David Barnett on Twitter: https://twitter.com/DBarnettMoncton

...more
View all episodesView all episodes
Download on the App Store

Debt Free in 30By Doug Hoyes

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

65 ratings


More shows like Debt Free in 30

View all
Money Girl by QuickAndDirtyTips.com

Money Girl

1,848 Listeners

Build Wealth Canada Podcast by Kornel Szrejber: Investor

Build Wealth Canada Podcast

16 Listeners

Everyone's Talkin' Money by Shari Rash, Money Podcast for Women, Personal Finance, Relationships & Mental Health

Everyone's Talkin' Money

639 Listeners

More Money Podcast by Jessica Moorhouse

More Money Podcast

114 Listeners

Frugal Friends Podcast by iHeartPodcasts and Jen Smith & Jill Sirianni

Frugal Friends Podcast

1,187 Listeners

Get the Hell Out of Debt by Cloud10

Get the Hell Out of Debt

211 Listeners

Stress Test by The Globe and Mail

Stress Test

16 Listeners

The Canadian Investor by Braden Dennis & Simon Belanger

The Canadian Investor

82 Listeners

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans by Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans

Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

234 Listeners

Inspired Budget by Allison Baggerly

Inspired Budget

297 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

10 Listeners

The Canadian Real Estate Investor by Daniel Foch & Nick Hill

The Canadian Real Estate Investor

8 Listeners

Angry Mortgage by Ron Butler

Angry Mortgage

4 Listeners

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income by Erin Britt | Budget Strategy Coach

Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income

8 Listeners

The Wealthy Barber Podcast by The Wealthy Barber Inc.

The Wealthy Barber Podcast

30 Listeners