David C Barnett Small Business & Deal Making

Lessons from the auto repair industry. New Livestream guest- Murray Voth- RPM Training. I’m happy to have Murray join me on a live broadcast. He’s been in and around the automotive industry for his entire career and now he works with auto shop owners helping them make their businesses better. Tune in and as we’ll be discussing service, pricing and setting customer expectations. This is a ‘must see event’ for anyone who owns or will own a business that caters to the public. Yes- I will ask him for tips on how to impress sellers in this industry. It’s a target-rich subgroup of owners. Find Murray online at https://www.rpmtraining.net Learn to buy a business at https://www.BusinessBuyerAdvantage.com Learn more about Bank On Yourself at https://www.NewBankingSolution.com

***New Video Alert! I had a meal the other day with a small business owner. He has a very popular service that doesn’t make him any money. What can he do? Why is pricing review so important? I will get into it this week and give some advice about how to do it. Watch this week’s video here: https://youtu.be/t_FpX1zr_7k Cheers See you over on YouTube David C Barnett

***New Video Alert! I get frequent questions about choosing an industry or type of business. In today’s video, I explore Michael Porter’s ‘5 Forces’ within the lens of small business. Watch this week’s video here: https://youtu.be/3_Ejjrdo-cU Cheers See you over on YouTube David C Barnett

***New Video Alert! Liam has an MBA, industry experience and a desire to own a business. So, why does he suffer from fear and a lack of confidence to do a deal? I’m no psychologist, but I do have some advice based on my observations over the years that might help him out. Watch this week’s video here: https://youtu.be/xGQJMnmEPsQ Cheers See you over on YouTube David C Barnett

Jon Matzner and the Boomer Bummer SmallBiz! New Livestream guest- Jon Matzner I’m happy to have Jon join me on a live broadcast. Jon has bought a business, grown it to over 25 locations. He’s got a big social media following and speaks often about entrepreneurship through acquisition. Tune in and we'll be discussing The Boomer Bummer! AKA- What happens when you do a dumb deal in the SMB world. This is a ‘must see event’ for anyone who lacks real world business experience but still wants to pursue a highly-leveraged acquisition transaction. Find Jon online at https://twitter.com/MatznerJon Learn business systems at https://www.EasySmallBizSystems.com Learn cash flow forecasting at https://www.BizPlanSchool.com

***New Video Alert! This high-income viewer is excited. He’s got a complex financial background but shares some of the same misconceptions as others who are new to the SMB marketplace. Let’s explore his questions because there is a lot that we can learn from them. Watch this week’s video here: https://youtu.be/cf1g0sxzyTM Cheers See you over on YouTube David C Barnett

***New Video Alert! In the world of small business investing, we try to separate operating businesses from real estate because the assets are different and are valued in different ways. But what if the business IS Real Estate? Marinas, campgrounds, Bed & Breakfasts, motels, etc? What different considerations are in place and how do we know we’re making an offer that makes sense? Watch this week’s video here: https://youtu.be/a-nFc0riJZc Cheers See you over on YouTube David C Barnett

Big Brand Output- Small Business Budget New Livestream guest- Jaci Russo I’m happy to have Jaci join me on a live broadcast. Jaci has decades of experience working with companies to craft the right branding and implement strategic plans to make sure this brand works its way into every level of the organization. In particular, she’s worked with many small businesses through the Brand State U project. Tune in and as we’ll be discussing rebranding after an acquisition, Strategic Branding Plans and Rebranding a Holdco. This is a ‘must see event’ for small business owners and those with aspirations to become one. Find Jaci online at https://www.BrandStateU.com https://www.JaciRusso.com and on LinkedIn at https://www.linkedin.com/in/jacirusso/

***New Video Alert! Charan wants to bring in an investor to help buy a business. The investor wants their money back in 2 years. So, how much of the profits should he commit to repayment of this investment? Watch this week’s video to see all the red flags this question seems to reveal: https://youtu.be/wt3pPN915GA Cheers See you over on YouTube David C Barnett

***New Video Alert! Mono has found an explanation of how to buy a house and keep it’s 2021 mortgage rate. Is this really possible? What do I think? AND- how can this creative stuff be applied to small business deals? Learn all about it in this week’s video: https://youtu.be/0RdqvpkyMME Cheers See you over on YouTube David C Barnett

***New Video Alert! You want to earn more and build a better company? Invest some time in learning or improving these skills. That investment will pay dividends for LIFE. Find out what they are in this week’s video: https://youtu.be/tQuX3QVer4k Cheers See you over on YouTube David C Barnett

***New Video Alert! Happy Holidays! We’re about to enter a new year and so today I discuss what I think my best content was of 2023 and what you can expect next year. Also- the way to access over 13 hours of private content that you can learn from. Find out in this week’s video: https://youtu.be/DPS5J5j2tq4 Cheers See you over on YouTube David C Barnett

Here's a festive treat for everyone! There's no better way to embrace the holiday season than by gathering with loved ones for a joyous feast or celebration. In the true spirit of the season, I'm thrilled to announce that I'll be continuing my tradition of hosting a special Christmas Eve live event. Join me on YouTube Live this Friday, December 22nd, at 1 PM Eastern Time and 2 PM Atlantic Time for an unforgettable experience that's expected to last around 4 hours. We'll have engaging conversations with some special guests, reflecting on their 2023 experiences and offering insights into what the upcoming year may hold. Get ready for an afternoon filled with laughter, warmth, and anticipation for the adventures that lie ahead! Rocky Lalvani, Host of the Richer Soul and Profit Answer Man podcasts. Rocky coaches entrepreneurs to implement the Profit First system in their businesses. https://profitcomesfirst.com/ Mike Finger, a former business owner, business broker and consultant who helps business owners

***New Video Alert! Several people have asked if they need to get a business broker to help them buy a business. No, you don’t. But, it opens up a huge conversation about co-operation of brokers, fiduciary duties, agency relationships and more… Like, who actually does protect your interests when you buy a business and makes sure you do a good deal? Find out in this week’s video: https://youtu.be/-j_YCWTpqzw Cheers See you over on YouTube David C Barnett

New Livestream guest- Mickie Kennedy I’m happy to have Mickie join me on a live broadcast. Mickie Kennedy has been working in the promotion, public relations and press release industries for years. Tune in and as we’ll be discussing how small businesses can take advantage of the media’s appetite for news in a cost-effective way. This is a ‘must see event’ for business owners and anyone who will one-day own one. Find Mickie online at https://www.ereleases.com See also my interview with PR and Communications Expert Janet Falk in the summer of 2022: https://youtube.com/live/kvFFiv3yWM0

Find the original show notes and the hosts main podcast page here: https://buyingonlinebusinesses.com/ep-249-ma-negotiation-strategies-growth-by-acquisition-blueprints-with-will-smith-david-barnett/

***New Video Alert! I tell the story of 4 young men who had a unique system set up to accumulate capital and de-risk their first acquisition. Are you serious about buying a business? Do you have colleagues or friends who are equally serious? This might be something to get the wheels turning in your head… The new video is here: https://youtu.be/Reayari3NBY Cheers See you over on YouTube David C Barnett

New Livestream guest- Heather Endresen I’m happy to have Heather join me on a live broadcast. Heather Endresen has decades of experience in helping people obtain SBA loans while working as a banker. She’s now got her own brokerage up and running and is helping entrepreneurs in new ways. Tune in and as we’ll be discussing how SBA loan brokerage works and what the advantages of a broker can be. This is a ‘must see event’ for US entrepreneurs who want to learn all the tricks to accessing capital. Find Heather online at https://www.linkedin.com/in/heather-endresen/ https://twitter.com/EndresenHeather https://visocap.net/

***New Video Alert! We’ve all seen the clickbait articles about AI and the small business world. Is it true? Can AI really help you buy a small business? I explore this in today’s video which has a particularly entertaining ending…. The new video is here: https://youtu.be/Omo9zCrhLJQ Cheers See you over on YouTube David C Barnett

New Livestream guest- Edward Coambs I’m happy to have Edward join me on a live broadcast. Edward has years of experience in financial and retirement planning but is ALSO a certified Marriage and Family Therapist Associate in the State of North Carolina. Tune in and as we’ll be discussing how small business and entrepreneurship can affect your personal relationships. This is a ‘must see event’ for anyone who wants to try and win in both of these aspects of life. Find Ed online at https://www.healthyloveandmoney.com/ See you there! David C Barnett