David C Barnett Small Business and Deal Making M&A SMB

Tickets and info: https://www.eventbrite.ca/e/enterpriser-conference-halifax-tickets-273690645087

Invest in a Small Business and limit your liability.

Can you invest in a small business the way you can buy shares in Coca-Cola?

Abdulla wants to learn how he and others can invest in a small business and not be personally liable for any bank loans.

Let’s check out the options and see if we can figure this out and what to watch out for as an investor.

Watch here now: https://youtu.be/gklt39rL95k

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

A wonderfully popular past guest is coming back… Lisa Forrest, Director of SearchFund Lending at Live Oak Bank.

I’m happy to have Lisa Forrest join me on a live broadcast.

Lisa has over 30 years of experience writing loans under the US Small Business Administration’s (SBA) loan programs.

What is changing in 2023? Interest rates, seller expectations and more.

What about the experience of many searchers post-closing? We’ll ask Lisa.

This is a ‘must see event’ for anyone who is buying a business in the US and may want to take advantage of the different SBA loan programs.

Reach Lisa at [email protected]

or on Linkedin at: https://www.linkedin.com/in/forrestlisa/

See you there!

David C Barnett

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

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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.

Comparing Small Businesses by the numbers.

I get a lot of questions from analytical folks who want to understand the best target numbers to look for when analyzing small businesses.

Especially when comparing several opportunities.

In this episode, I’ll give you the method I teach for determining which business to pursue.

Watch here now: https://youtu.be/hcJZVDkDdTM

Learn how to make accurate cash flow forecasts here: https://www.BizPlanSchool.com

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

David’s LinkedIn Hacks.

A recent event showed me how many businesspeople are not online.

So, why then should you spend time trying to build a network on LinkedIn?

In this week’s video, I’ll explain how I benefit from LinkedIn and why the size of your network is paramount to success.

I’m also going to share my tactics that get my requests accepted.

Watch here now: https://youtu.be/l-eILU6jt0E

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

How big a business should Luke buy?

If he gathers all his money together, Luke says he can buy a business up to $10M.

Should he?

In this video, I lay out the considerations that you should be thinking about when you decide how big a business to pursue.

Again, much of the consideration depends on what you plan to do after the transaction.

And- I’ll tell you why getting this right will set up your business empire for years to come.

Watch here now: https://youtu.be/pm3BGOcNE9I

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

Sign up here FREE: https://hopin.com/events/bossup-virtual-micro-m-a-conference#top

Avoiding personal guarantees on business loans?

Can one avoid a personal guarantee on a business loan?

I explore the ways in which I’ve seen them limited or avoided.

But, it was a real head-scratcher to work on for sure…

Watch here now: https://youtu.be/1XOhSrIB4co

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

What is the formula for a business as a going concern?

If you apply the method and get a result that seems intuitively wrong, what do you do?

This week I get a question from Verasen who wonders about the result of a business value formula.

We need to take things back to basic principles in order to understand why the result is valid.

Watch here now: https://youtu.be/TcgEaNrn3I4

Want to sell a business and need to know more: https://www.HowToSellMyOwnBusiness.com

Learn how to buy a business at https://www.BusinessBuyerAdvantage.com

Book a call with me at https://www.CallDavidBarnett.com

Join me on Twitter: https://www.twitter.com/dbarnettmoncton

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

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

Original show notes:

Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation!

That's our goal for you!

Hi, I'm the Profit Answer Man Rocky Lalvani!

I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz

Sign up to be notified when the next cohort of the Profit First Experience Course is available!

Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes

More about making profitability simple: http://profitcomesfirst.com/

Questions: [email protected]

Email: [email protected]

Bio: David Barnett has been working with small and medium-sized businesses for over 20 years. He has helped entrepreneurs buy and sell them. He has helped them grow. He has helped people finance them. He is the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing small and medium sized businesses and can be found anytime at his blog site

www.DavidCBarnett.com.

Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/

My podcast about living a richer more meaningful life: http://richersoul.com/

First 2 chapters of Profit First: https://sendfox.com/rocky

This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at

https://www.SMBPodcastNetwork.com

Music provided by Junan from Junan Podcast

Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.