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You are here: Home / The SmallBizChat Podcast / The SmallBizChat Podcast: What You Need to Know to Buy or Sell a Business with David C. Barnett

The SmallBizChat Podcast: What You Need to Know to Buy or Sell a Business with David C. Barnett

January 5, 2023 By Melinda Emerson Leave a Comment

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What You Need to Know to Buy or Sell a Business with David C. Barnett social imageDavid C. Barnett loves to say that it took him 10 years to unlearn what he learned in business school. After a career in advertising sales, Barnett started several businesses, including a commercial debt brokerage house. Helping to finance small- and medium-sized businesses led to the field of business brokerage. Over several years, Barnett sold dozens of businesses for others while also managing his own portfolio of income properties and starting his career as a local private investor. Barnett regularly consults with professionals and banks on business and asset values. Presently, he also works with entrepreneurs and would-be entrepreneurs worldwide who are buying, selling, or trying to improve their businesses. You can get more information about him at davidcbarnett.com.

Today we talk to David C. Barnett, an expert in buying and selling business. He gives us information on how to prepare your business for sale, what to look for when you are buying, and how to understand the true value of your business. He has been in this industry for many years and has great wisdom to share with the SmallBiz Chat community.

“The value of a business is always determined by cash flow.” – David C. Barnett

Listen to the podcast below:

https://media.blubrry.com/thesmallbizchatpodcast/sayob-mp3s.s3.amazonaws.com/20230103101657/SBC-David-C.-Barnett_final.mp3

 

Podcast Images David Barnett buying and selling business

This week on SmallBizChat Podcast:

  • The best place to find a business to buy. 
  • Knowing the kind of business you want to acquire. 
  • Creating relationships. 
  • Why businesses go up for sale.
  • How much money you need to buy a business. 
  • The ways you can pay a seller over time. 
  • Positioning your business for sale. 

Resources Mentioned:

  • Boss Quiz: https://bossquiz.com/ 

Connect with David C. Barnett:

  • Website: https://www.businessbuyeradvantage.com/ 
  • Book: 21 Stupid Things People do When Trying to Buy a Business: https://dbarnett.gumroad.com/l/21stupidthings 
  • YouTube: https://www.youtube.com/@DavidCBarnett 
  • LinkedIn: https://www.linkedin.com/in/davidbarnettmoncton 
  • Twitter: https://twitter.com/dbarnettmoncton 
  • Facebook: https://www.facebook.com/DBarnettMoncton 

Get More!

Want to hear more episodes of The SmallBiz Chat Podcast? Subscribe on your favorite platform so you never miss an episode!

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Filed Under: The SmallBizChat Podcast Tagged With: business brokerage, business for sale, buying and selling business, commercial debt brokerage house, value of your business

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About Melinda Emerson

Melinda F. Emerson, “SmallBizLady” is America’s #1 Small Business Expert. She is an internationally renowned keynote speaker on small business development, social selling, and online marketing strategy. As CEO of Quintessence Group, her Philadelphia-based marketing consulting firm serves Fortune 500 brands that target the small business market. Clients include Amazon, Adobe, Verizon, VISA, Google, FedEx, Chase, American Express, The Hartford, and Pitney Bowes. She also has an online school, www.smallbizladyuniversity.com, that teaches people online marketing and how to start and grow a successful small business and publishes a blog SucceedAsYourOwnBoss.com. Her advice is widely read, reaching more than 3 million entrepreneurs each week online. She hosts The Smallbizchat Podcast and is the bestselling author of Become Your Own Boss in 12 Months, Revised and Expanded, and Fix Your Business, a 90 Day Plan to Get Back Your Life and Reduce Chaos in Your Business.

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