David Barnett

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

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

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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

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

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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

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

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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

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Chris sent me an email asking about whether fast-growing companies were extra-risky?

Well, it depends on where the growth comes from.

But, there is another risk in buying a fast-growing company.

The risk that if the deal doesn’t close quickly, the seller will second-guess the price and/or other factors.

I get deep into the ‘it depends’ weeds on this week’s video…: https://youtu.be/9tSTgnUiReg

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/DCB1

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I respond to some YouTubers who say that you need to have a cutthroat mindset to make it in business.

I disagree.

I think this attitude will sink your long-term prospects in business.

Except, if you operate under some specific circumstance.

Instead, I give you my thoughts on the kind of attitude that pays off in business.

Check it out in this week’s video: https://youtu.be/3dv8PC8aEVo

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

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Dave asks me via email if seasonal businesses sell for more or less and if the timing of the transaction is important.

They can sell for a different price, but it may surprise you how and why.

And Yes, people do usually want to buy them in the off season.

The terms as well can be interesting.

Learn more in this week’s video: https://youtu.be/iGukyXIzSXQ

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

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David Barnett

David Barnett

I write about Buying, Selling, Financing and Managing Small and Medium Sized Businesses SMEs www.DavidCBarnett.com New Stuff weekly, usually on Wednesday.