Episodes

  • 21 Hats Episode 214- Should She Buy The Family Business?

    21 Hats Episode 214- Should She Buy The Family Business?
    Oct 18 2024
    David gets invited to give feedback on a panel of small business owners around the topic of whether someone should buy their family furniture business. --Original Show notes--- This week, in episode 214, we bring you another Entrepreneurial Fish Bowl with Chris Hutchinson of Trebuchet Group (https://www.trebuchetgroup.com/ ) . As you may remember, this is a virtual exercise where we offer a business owner—or in this case a potential business owner—the opportunity to pose a challenge he or she is facing to a group of owners and entrepreneurs from the 21 Hats community as part of a brainstorming session. In this case, it was BaLeigh Waldrop who explained why she has mixed feelings about buying the Miller Waldrop (https://www.millerwaldrop.com/ ) furniture business that her parents own. As you’ll hear, BaLeigh has some real concerns: the business has been down of late, it’s predominantly brick-and-mortar, and she would have to work out an ownership structure with a younger brother. The 21 Hats brainstormers ask a lot of good questions, including whether the business is profitable, whether it’s been paying family members a market wage, and whether it owns the real estate. They also offer a lot of smart suggestions. Plus: it all ends with a very surprising offer from Jay Goltz.
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    41 mins
  • Questions To Ask An Investor

    Questions To Ask An Investor
    Oct 16 2024
    ***New Video Alert! What if a rich person just offered to buy you a business? What would you ask about to make sure the deal was likely to complete? I’ll walk you through it in this week’s video: https://youtu.be/WX3MXtOF8RY Cheers See you over on YouTube David C Barnett
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    22 mins
  • Lukas Wants To Brainstorm About A New Business Audio

    Lukas Wants To Brainstorm About A New Business Audio
    Oct 12 2024
    This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
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    50 mins
  • 6 Shocking External Areas Of Due - Diligence That SMB Owners Miss

    6 Shocking External Areas Of Due - Diligence That SMB Owners Miss
    Oct 9 2024
    ***New Video Alert! Where are you spending your time watching for hazards to your business? Maybe pencil some time in your calendar for these areas people sometimes miss. Especially important for those not active day to day in their businesses!!! I’ll walk you through it in this week’s video: https://youtu.be/tLGr5rCWfkY Cheers See you over on YouTube David C Barnett
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    27 mins
  • Jerry Buys A Medical Equipment Biz In Asia Audio

    Jerry Buys A Medical Equipment Biz In Asia Audio
    Oct 4 2024
    This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
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    1 hr and 1 min
  • 11 due diligence areas SMB owners miss

    11 due diligence areas SMB owners miss
    Oct 2 2024
    ***New Video Alert! What happens once you own a business. Just clear sailing and profits, right? NOPE- You’ve got to have a continuous attitude about due-diligence in these 11 areas to keep from having to deal with out of control situations growing without your notice. I’ll walk you through it in this week’s video: https://youtu.be/gKrf_lkY6NE Cheers See you over on YouTube David C Barnett
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    26 mins
  • Patrick Small Online Ecommerce Audio

    Patrick Small Online Ecommerce Audio
    Sep 27 2024
    This is a PAID consulting call for a real viewer who needs help on a deal. It's all incelebration of my new book 'Buying vs. Starting a Small Business: Search or Startup? A Guide to keep you from Going Broke' Find it now at Amazon.com here: https://a.co/d/bdsOvUe The Canadian Amazon store here: https://a.co/d/cEEPheJ The UK Amazon store here: https://amzn.eu/d/7GFGeUz The Australian Amazon store here: https://amzn.asia/d/g6ZbNa1 Or any other local Amazon store you frequent. You can even buy a pdf copy from Gumroad here: https://dbarnett.gumroad.com/l/BuyvsStartSMB
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    56 mins
  • Non - SBA Acquisition Financing

    Non - SBA Acquisition Financing
    Sep 25 2024
    ***New Video Alert! This week- a question from a Canadian who wants to know how to do deals where he lives. But- even Americans should learn how non-SBA deals are done because they can be cheaper! I’ll walk you through it in this week’s video: https://youtu.be/Pwa_EsrHl58 Cheers See you over on YouTube David C Barnett
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    28 mins