Some new installment features can help with a down payment on a business acquisition.
If you can stomach the cash drain on a 6-, 12- or 24-month amortization, some new credit card features could help you come up with a down payment on a business.
Check out this week’s video: https://youtu.be/xYs-DSfht9s
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
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Suppliers don’t want to lose a valuable account, they may be willing to help lock in volume.
Why would a supplier help you buy a business?
It may be in their own self-interest to give you a helping hand.
Check out this week’s video: https://youtu.be/kBP3XG3IxjI
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
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New equipment financing can also be a tool to help you get a down payment to buy a business.
Two strategies on using new equipment financing to help work out a deal to buy a business.
One more risky than the other.
Check out this week’s video: https://youtu.be/CErCwjd28V0
Learn how to buy an already-successful and profitable business https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
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A planned receivables reduction can also generate cash.
If the business is giving people time to pay, maybe you can change this and raise extra cash to buy the business.
I’ll explain what to look for in a target business to see if this is even possible.
I offer a risky, and more risky way to pull this off.
Check out this week’s video: https://youtu.be/grWJ7GaUdFw
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
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The equipment in the business can provide part of the down-payment.
If there are a lot of tangible assets in the business, you may be able to use leasing as a way to raise money for part of the down payment.
I explore this in this week’s video.
Also, what if you can’t find a leasing company willing to do the deal?
I offer three other ways to ‘lease yourself’ a small business purchase down payment.
Check out this week’s video: https://youtu.be/oFpkNhZupnM
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett
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So, you need money to buy a business, just ask the seller to take payments.
The problem is that many buyers lack empathy in how they approach sellers.
Do you think any random stranger wants to lend you money to buy their business?
Let’s take a more measured approach to this.
I cover this and more in this week’s video: https://youtu.be/TM7EdlgKMLM
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett
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Clint Fiore lists out ways in which brokers overprice businesses. Isn’t a high price their job?
Not really, but you’ll have to stay to the end to find out what I think they should really be doing.
I cover this and more in this week’s video: https://youtu.be/Zet2HvYT1_o
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett
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This grocery store owner wants to know if it makes sense to go direct and import food.
The answer comes down to inventory turns and operating capital.
I cover this and more in this week’s video: https://youtu.be/7JyYzcZE68A
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
Books can be found in my Amazon store: https://www.amazon.com/shop/davidbarnett
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The IBBA has released their Q1 report on the market. What’s going on?
How long is due-diligence taking?
How many engagements are going sour?
How long to find a buyer and close?
How has this changed since 2020 and 2021.
I cover this and more in this week’s video: https://youtu.be/LzfDmKetafY
Learn how to buy an already-successful and profitable business even in the covid-recession https://www.BusinessBuyerAdvantage.com
Book a call with me at https://www.CallDavidBarnett.com
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
Want to look dangerous like David? Jeff Alpaugh Customs has a special offer for you: https://www.JeffAlpaugh.com/DCB10
