Compete to buy the best business

***New Video Alert!
For every person who sells a business there are 10 buyers.
How does a buyer compete to get the best business?
Let’s discuss
Watch this week’s video here: • Compete to buy the bes...
Cheers
See you over on KZbin
David C Barnett
Do Business with David using these incredible internet links...
- David's Blog where you can find hundreds of free videos and articles, www.DavidCBarnett.com
- Join David's email list so you never miss any new videos or important information or insights, www.DavidCBarnettList.com
- Book a call with David and let him help you with your project, www.CallDavidBarnett.com
- Learn how to buy a successful and profitable business in a risk-controlled way www.BusinessBuyerAdvantage.com
- Get help selling your business, www.HowToSellMyOwnBusiness.com
- Get better organized in your business, www.EasySmallBizSystems.com
- Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, www.BizPlanSchool.com
- Learn to build an equity asset with insurance! visit 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 www.EndMyMCA.com

[@robertboehning7677]

Outstanding presentation once again. Keep doing what you’re doing!

[@DavidCBarnett]

Thank you Robert! Will do!

[@seanlee2278]

I’ve just joined the channel today, watched just a few videos and I am already amazed by your work! Incomparable to other videos out there. I appreciate it! I have one question: I’m a first time business buyer with 200,000 in total savings. Given that I don’t have any income right now, what size of business should I buy and how much should I spend in buying a business? I know it depends on various factors like my willingness to take risks or how much resilience I have, but I just wanted to hear out your wisdom. Please let me know if you have already made video on this.

[@seanlee2278]

Oh just found your video on this topic. Thanks!

[@DavidCBarnett]

Welcome to the channel Sean.

[@seanlee2278]

@@DavidCBarnett Thanks for the reply! I'm basically trying to watch all the relevant videos from your channel! One quick question: I'm at a starting stage, trying to buy my first business and learning all these things, but I want to make a "quick" move on this business that is "available" in the market right now. If this business turns out to be a really good deal and I'm confident about having my skin on it, what resources would you recommend me to look at? I mean, your KZbin videos are great, but there are just so many of them, and I want to use my time efficiently and focus on learning the important things first! In which order should I look at the resources you provide in order to make the most out of a short amount of time? (Including your paid learning courses and books, but it would be great if you could also provide the orders for the free resources!) Or do you see the steps listed in the businessbuyeradvantage.com as the bare minimum, and I shouldn't move to buy a business until I master that?

[@conciseadvice4261]

What is a rate of return that is acceptable? The issue is: Given I can get 5% on U.S. Treasury bonds that have zero risk of loss and can be purchased with little hassle, my time is worth "x", and replacing the capital I am putting up is worth "y" - what is the formula you are using to solve this equation?

[@DavidCBarnett]

People looking at businesses often confuse ROI with ROE. Once you sort these out, you'll realize that you need to make an ROE that is much higher than that gov't bond rate. Check out this video: kzbin.info/www/bejne/bWWshKGpnNmqoq8

[@robertboehning7677]

First place!

[@DavidCBarnett]

So competitive!