Home
Categories
EXPLORE
True Crime
Comedy
Society & Culture
Business
Sports
History
News
About Us
Contact Us
Copyright
© 2024 PodJoint
00:00 / 00:00
Sign in

or

Don't have an account?
Sign up
Forgot password
https://is1-ssl.mzstatic.com/image/thumb/Podcasts123/v4/17/4b/97/174b97c3-4273-3643-40f6-52588e330505/mza_4714556577874671679.jpg/600x600bb.jpg
David C Barnett Small Business and Deal Making M&A SMB
David C Barnett
500 episodes
5 days ago
• “Is the Inventory Added or Included in the Price of a Business?” video https://www.youtube.com/watch?v=X6L_dS2gRYs • LIVE: Neal Isaacs — Seller Journeys with Business Brokers” https://www.youtube.com/live/-7vt5Ef-9i8 *** This week, I’m digging into one of the most common frustrations I hear from business buyers — poorly prepared CIMs and business profiles. If you’ve ever tried to review a deal only to find missing financials, no balance sheet, or vague “adjusted income” numbers that make no sense… you’ll want to watch this one. In this video, I break down the top errors business brokers make when preparing CIMs, including: -Missing balance sheets and working capital details -No asset list or equipment valuation -Sloppy or missing normalization adjustments -And why not accounting for the owner’s time completely skews earnings Whether you’re a buyer trying to make sense of bad info or a seller who wants to present your business properly, this will help you understand what a real, professional SIM should look like. Watch the full video here: https://youtu.be/bKu7n20H750 #BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessProfile #SIM #BusinessValuation #Entrepreneurship #DavidCBarnett *** YouTube Chapters 00:00 – Intro 01:25 – What a SIM (Confidential Information Memorandum) Should Be 04:15 – Mistake #1: No Balance Sheet or Working Capital Info 08:30 – Mistake #2: Missing Asset List or Equipment Values 12:40 – Mistake #3: Poor or Missing Normalization Adjustments 18:00 – Mistake #4: No Account of the Owner’s Time or Role 22:20 – Why These Gaps Waste Everyone’s Time 25:15 – How Proper CIMs Help Sellers and Buyers 28:00 – Why My Team Builds Complete Business Profiles for Clients 30:45 – Final Thoughts & How to Prepare the Right Way #BusinessBroker #BusinessProfile #SIM #BuyASmallBusiness #SellYourBusiness #BusinessValuation #EntrepreneurTips #BusinessDeals #SMB #DavidCBarnett **** - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com -Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Show more...
Business
RSS
All content for David C Barnett Small Business and Deal Making M&A SMB is the property of David C Barnett and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
• “Is the Inventory Added or Included in the Price of a Business?” video https://www.youtube.com/watch?v=X6L_dS2gRYs • LIVE: Neal Isaacs — Seller Journeys with Business Brokers” https://www.youtube.com/live/-7vt5Ef-9i8 *** This week, I’m digging into one of the most common frustrations I hear from business buyers — poorly prepared CIMs and business profiles. If you’ve ever tried to review a deal only to find missing financials, no balance sheet, or vague “adjusted income” numbers that make no sense… you’ll want to watch this one. In this video, I break down the top errors business brokers make when preparing CIMs, including: -Missing balance sheets and working capital details -No asset list or equipment valuation -Sloppy or missing normalization adjustments -And why not accounting for the owner’s time completely skews earnings Whether you’re a buyer trying to make sense of bad info or a seller who wants to present your business properly, this will help you understand what a real, professional SIM should look like. Watch the full video here: https://youtu.be/bKu7n20H750 #BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessProfile #SIM #BusinessValuation #Entrepreneurship #DavidCBarnett *** YouTube Chapters 00:00 – Intro 01:25 – What a SIM (Confidential Information Memorandum) Should Be 04:15 – Mistake #1: No Balance Sheet or Working Capital Info 08:30 – Mistake #2: Missing Asset List or Equipment Values 12:40 – Mistake #3: Poor or Missing Normalization Adjustments 18:00 – Mistake #4: No Account of the Owner’s Time or Role 22:20 – Why These Gaps Waste Everyone’s Time 25:15 – How Proper CIMs Help Sellers and Buyers 28:00 – Why My Team Builds Complete Business Profiles for Clients 30:45 – Final Thoughts & How to Prepare the Right Way #BusinessBroker #BusinessProfile #SIM #BuyASmallBusiness #SellYourBusiness #BusinessValuation #EntrepreneurTips #BusinessDeals #SMB #DavidCBarnett **** - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com -Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
Show more...
Business
https://i1.sndcdn.com/artworks-ijnAeE064Fnnunzb-FBSRNw-t3000x3000.png
Before You Hire a Business Broker—Watch This!
David C Barnett Small Business and Deal Making M&A SMB
20 minutes 59 seconds
1 week ago
Before You Hire a Business Broker—Watch This!
o “Dealing with Business Brokers” – https://youtu.be/P0maeylhvi8 o “Are Business Broker’s Valuations Reliable?” – https://www.youtube.com/watch?v=NQACN_PRIjQ o “What Can Brokers Say to Get Listings?” – https://www.youtube.com/watch?v=7ZMpC3kLpRc -- This week, I’m answering a great question from a viewer named David who wanted to understand the real relationship between business brokers and business owners—and why so many buyers end up frustrated dealing with them. I’m breaking down: *How business brokers actually get paid (and why it matters to you) *Why some brokers chase listings instead of real deals *What separates professionals from amateurs in the brokerage world *How to tell if a broker is really working in your best interest *What business owners need to know before ever signing a listing agreement I’ve been on both sides of this. I’ve worked as a broker, I’ve worked with buyers, and I’ve helped owners sell privately. I’ll show you how the incentives really line up—and what you can do to protect yourself whether you’re buying or selling. 👉 Learn more at BusinessBuyerAdvantage.com and DavidCBarnett.com #BusinessBroker #BuyASmallBusiness #SellYourBusiness #Entrepreneurship #SmallBusinessDeals #DavidCBarnett *** YouTube Chapters 00:00 – Intro 01:20 – Viewer Question: What Do Brokers Actually Do? 03:00 – How Business Brokers Get Paid (Commissions & Fees) 07:15 – Engagement Fees, Marketing Fees, and Monthly Retainers 10:30 – How Competition Affects Broker Fees 12:40 – The “List Everything” Rookie Mistake 15:50 – Real Estate vs. Business Brokerage: Why They’re Not the Same 18:10 – The Candy Store Analogy: Selling What People Actually Want 21:30 – Professional Brokers vs. Listing Collectors 26:00 – How to Spot a Broker Who’s Out of Their Depth 29:15 – The Problem with Brokers Who Block Buyer–Seller Contact 33:00 – Why Trust Is Everything in a Deal 36:10 – What Smart Sellers Should Look for in a Broker 40:20 – Reputation, Experience, and Red Flags to Watch For 44:10 – Final Thoughts & How to Find the Right Broker #BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessAdvice #EntrepreneurTips #BusinessBuying #BusinessSelling #BusinessDeals #SmallBusiness #DavidCBarnett **** - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com -Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com
David C Barnett Small Business and Deal Making M&A SMB
• “Is the Inventory Added or Included in the Price of a Business?” video https://www.youtube.com/watch?v=X6L_dS2gRYs • LIVE: Neal Isaacs — Seller Journeys with Business Brokers” https://www.youtube.com/live/-7vt5Ef-9i8 *** This week, I’m digging into one of the most common frustrations I hear from business buyers — poorly prepared CIMs and business profiles. If you’ve ever tried to review a deal only to find missing financials, no balance sheet, or vague “adjusted income” numbers that make no sense… you’ll want to watch this one. In this video, I break down the top errors business brokers make when preparing CIMs, including: -Missing balance sheets and working capital details -No asset list or equipment valuation -Sloppy or missing normalization adjustments -And why not accounting for the owner’s time completely skews earnings Whether you’re a buyer trying to make sense of bad info or a seller who wants to present your business properly, this will help you understand what a real, professional SIM should look like. Watch the full video here: https://youtu.be/bKu7n20H750 #BusinessBroker #BuyASmallBusiness #SellYourBusiness #BusinessProfile #SIM #BusinessValuation #Entrepreneurship #DavidCBarnett *** YouTube Chapters 00:00 – Intro 01:25 – What a SIM (Confidential Information Memorandum) Should Be 04:15 – Mistake #1: No Balance Sheet or Working Capital Info 08:30 – Mistake #2: Missing Asset List or Equipment Values 12:40 – Mistake #3: Poor or Missing Normalization Adjustments 18:00 – Mistake #4: No Account of the Owner’s Time or Role 22:20 – Why These Gaps Waste Everyone’s Time 25:15 – How Proper CIMs Help Sellers and Buyers 28:00 – Why My Team Builds Complete Business Profiles for Clients 30:45 – Final Thoughts & How to Prepare the Right Way #BusinessBroker #BusinessProfile #SIM #BuyASmallBusiness #SellYourBusiness #BusinessValuation #EntrepreneurTips #BusinessDeals #SMB #DavidCBarnett **** - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com -Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com