David C Barnett Small Business & Deal Making

Neal Isaacs is a business broker in Raleigh. He hosts a YouTube channel at https://www.youtube.com/@RaleighBusinessBroker From the original show notes: Call Neal at (919) 621-1248 See done deals at https://bit.ly/3rjUNtB Get a complimentary valuation at https://bit.ly/45ZAHEg Timestamps: 0:00 Neal & David C. Barnett 00:17 Introduction to the Raleigh Business Broker Channel 02:52 The Transition from Business Broker to Consultant 09:58 The Reality of Business Acquisitions and Financing 21:25 Understanding Finance Risk in Business Purchases 23:47 The Impact of Debt on Business Sales 24:35 The Role of Financing in Business Acquisitions 29:06 Seller Financing: Aligning Buyer and Seller Interests 30:02 Material Seller Financing: A Strategy for Success 36:18 The Myth of the Silver Tsunami

Ron Skelton had me on his show, How2Exit. https://www.how2exit.com/ About the Guest(s): David Barnett is an experienced entrepreneur, consultant, author, and educator in buying, selling, and financing small and medium-sized businesses. With a background in sales and business education, he owned a business broker office before moving into banking. Since 2015, he has provided consultancy services for business transactions. Barnett shares his expertise through a YouTube channel and has written multiple books on investing, franchising, and buy-sell strategies, with a new book releasing this fall. Episode Summary: In the latest How2Exit podcast, host Ronald Skelton welcomes back David Barnett, an expert in small and medium-sized business transactions. They discuss the risks of over-leveraging in business acquisitions and offer insights on mastering business deals without financial pitfalls. Barnett shares his knowledge on proper business leverage, the impact of SBA interventions, and the challenges of buying

Serious Small Business Market Intelligence. New Livestream guest- Nunzio Presta I’m happy to have Nunzio join me on a live broadcast. Nunzio has leads the team at BuyAndSellABusiness.com Tune in and as we’ll be discussing data, facts and observations from the point of view of someone who sees the smallbiz buy/sell playing field. This is a ‘must see event’ for prospective buyers and sellers of small businesses. Be sure to join live so that you can ask questions, replay will be available. Deals from https://www.BuyAndSellABusiness.com Seller's Subscription For the past decade, BuyAndSellABusiness.com has been helping business owners connect with qualified and engaged buyers, facilitating over $3.9 billion in deal value with a success rate twice the industry average. From the moment you list your business to the moment a buyer engages with your listing, the platform excels at creating a self-sufficient experience. It provides the appropriate nudges to ensure that deals and conversations remain active. If you

***New Video Alert! We all know that getting a divorce is likely bad for your business. But what about if your partner goes through a divorce? What kinds of strategies can you employ to protect yourself and the business in such a case? When should you be contemplating this? Learn more by watching this week’s video: https://youtu.be/dpY8w8-SAU8 Cheers See you over on YouTube David C Barnett

Does your small business need big B2B marketing? New Livestream guest- Sarah Noel-Block I’m happy to have Sarah join me on a live broadcast. She’s the genius behind Tiny Marketing. A content-marketing company that helps B2B businesses build authority and generate opportunities with the least amount of hassle and work possible. Tune in and as we’ll be discussing marketing strategies for companies with marketing teams of 0-2 people. Yup, Zero. This is a ‘must see event’ for anyone thinking of being in business that sells to other businesses. Find Sarah Noel Block online here: https://www.sarahnoelblock.com/tiny-marketing See you there! David C Barnett

***New Video Alert! What are finance strategies? What is profit? Why would a small business want to maximize it? Not all do. This week, a deep dive into the three groups of businesses, what performance metric they’re trying to maximize and what kinds of strategies will deliver the goods. Learn more by watching this week’s video: https://youtu.be/d9UlF3zJ9V0 Cheers See you over on YouTube David C Barnett

***New Video Alert! Corey asks me via Twitter- Do dividends belong in SDE? This week, I explain why not and how you can protect yourself from this mistake. Save this somewhere. You might need to send it to a broker or seller one day. Learn more by watching this week’s video: https://youtu.be/gR7Fsgp1J9Y Cheers See you over on YouTube David C Barnett

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

Learn more at https://www.BusinessBuyerAdvantage.com

***New Video Alert! How do you know if the broker you’re dealing with knows what they’re doing? It’s important. A broker who is a novice may not have properly prepared the seller. This can lead to lots of time being wasted and reasonable deals being declined. Learn more by watching this week’s video: https://youtu.be/P0maeylhvi8 Cheers See you over on YouTube David C Barnett

***New Video Alert! What if you have a very small business? Even just yourself. How can you go about getting the best value for your biggest asset? Your customer list. I explore it in this week’s video here: https://youtu.be/0U9Rb-mNn90 Cheers See you over on YouTube David C Barnett

***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

***New Video Alert! So, is a 100-year-old company with a well-known brand worth more? What about if there are over 1000 names on the past client list? Does a special trade secret make a business worth more? Today, we uncover value drivers that many sellers love to tell you about… Watch this week’s video here: https://youtu.be/0CcQV2yiycI Cheers See you over on YouTube David C Barnett

***New Video Alert! This business owner learned that his business was worth less than $1. How? Because of the unseen liabilities. Let’s learn about how companies owe money that doesn’t get shown to you when you look at the financial statements. Watch this week’s video here: https://youtu.be/a7RY-1LVTiM Cheers See you over on YouTube David C Barnett

New Livestream guest- Pat Ennis, CExP, CAP® I’m happy to have Pat join me on a live broadcast. Pat has been in the wealth planning business since the 90’s and helping SMB owners plan their exit for over a decade. Tune in and as we’ll be discussing getting a business ready for your exit and just what, exactly, that might mean. This is a ‘must see event’ for anyone who owns a business or want to one day. Find Pat online at https://www.ExitReadiness.com

***New Video Alert! For every person who sells a business there are 10 buyers. How does a buyer compete to get the best business? Let’s discuss Watch this week’s video here: https://youtu.be/5ip8bIUwU08 Cheers See you over on YouTube David C Barnett

New Livestream guest- Alfie Lambert. I’m happy to have Alfie join me on a live broadcast. He’s the co-founder of BizCrunch.co, an online tool that makes it easy to find exactly the business you’re looking to buy in the UK. Tune in and as we’ll be discussing the hows and whys of his new BizCrunch tool. This is a ‘must see event’ for searchers in the UK. Be sure to join live so that you can ask questions, replay will be available. Also, Alfie has set up a special offer for any of you who want to try out the service. Take advantage of Alfie's offer for UK searchers by using this link: https://app.bizcrunch.co/?via=david-barnett Use discount code DEALMAKING that gives users 30% off any subscription for the first 3 months.

***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 Cheers See you over on YouTube David C Barnett

***New Video Alert! Trace wants to know the difference between online businesses and real-world ones. Finance, operations and will there be a buyer for his business when he’s ready to sell? Which one has the greater potential for trouble? Watch this week’s video here: https://youtu.be/S4Ts-jyQxh4 Cheers See you over on YouTube David C Barnett

***New Video Alert! Rob says that only the ‘privileged’ will survive in entrepreneurship. Let’s read his story and I’ll share with you what I think and analyze the clues that he leaves behind which reveal his business acumen. Or, lack thereof. Watch this week’s video here: https://youtu.be/TrTx1gxCWAM Cheers See you over on YouTube David C Barnett