19 Ways Brokers and Sellers Overprice SMBs | Buy a Business

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  • Опубликовано: 22 дек 2024

Комментарии • 41

  • @lukegraven7839
    @lukegraven7839 10 месяцев назад +4

    That's my favorite video of yours. Make some similar ones please when you have a moment.

  • @billieburke3493
    @billieburke3493 2 года назад +2

    Thank you for sharing your knowledge and time, appreciate it greatly🙏🏼 so much value!

  • @shaun1258
    @shaun1258 2 месяца назад +1

    Thanks

  • @SaintlyAussie
    @SaintlyAussie 5 месяцев назад +2

    Just an FYI, there are 970 McDonald's in Australia and 13500 in the US. Pretty much in line with population.

  • @anibalmarin7599
    @anibalmarin7599 Год назад +1

    Great video as always David!!

  • @2Blessed2Stress.
    @2Blessed2Stress. 5 месяцев назад +1

    Great information. Thank you 😊

  • @thejedibunny4802
    @thejedibunny4802 2 года назад +2

    Excellent video! Thank you

  • @codegeek-il5fm
    @codegeek-il5fm 2 года назад +3

    Hi David, love your videos. Do you have any videos or tips on how to find a good broker who is fair/reasonable ? For example, I came across one broker who lists businesses without a price. Does that make sense ?

  • @kaatto2121
    @kaatto2121 2 года назад +2

    What are those databases for sold businesses that you were talking about ?

    • @DavidCBarnett
      @DavidCBarnett  2 года назад +3

      There are many, dealstats, bizcomps, IBA data and other newer ones.

  • @taxchat
    @taxchat 2 года назад +2

    I run a CPA firm and often clients would ask me to help them to locate a buyer for their business. The problem is: both buyer and seller are my clients, so I don't really want to give out any opinion regarding the price. Later I also got a realtor license and mortgage broker license, so now I am thinking should I focus on business brokerage? Here in Canada we need a realtor license to do business brokerage. That is why I searched and found your video.

    • @DavidCBarnett
      @DavidCBarnett  2 года назад +2

      Hi Lily. Just be aware that real estate and business brokerage are completely different things. AND many real estate firms won't allow you to practise business brokerage because of the liabilites.
      If you're going to get into brokerage, I would recommend you search up other videos I've done about being a biz broker and look for a good firm that can give you access to training.

    • @wassim4460
      @wassim4460 Год назад

      @taxchat do you have any experience with Canadian buying a business in the US, any idea how they get access to financing??(since SBA loans are only for citizens)

  • @rpbutton
    @rpbutton Год назад

    Hi David, Two questions for you:
    How would you go about assessing the value of IP assets like patents?
    When the buyer is another similar business, how does that change the math? If the expected buyer already has the assets and people in place to grow the seller's business would that factor into the valuation somehow?

    • @DavidCBarnett
      @DavidCBarnett  Год назад

      IP and patents are only valuable in a business if they help you earn more money. Otherwise, you're just speculating that someone will pay for that solution one day. A buyer who wants/can use the IP for their business may value you more highly because of it, but that doesn't mean they'll pay you more. Check out this video on the concept of Blue Sky ruclips.net/video/INMiJJbXrZw/видео.html
      Finding someone to pay more because of what they'll have to do is tough. Here's an interview with someone who has done this in the mid-market space: ruclips.net/video/bzjrUZQsCWc/видео.html

  • @tomaswilliams9407
    @tomaswilliams9407 2 года назад +1

    Great video great knowledge 👍

    • @DavidCBarnett
      @DavidCBarnett  2 года назад

      Glad you enjoyed it. We have to thank Clint for making a great list on Twitter.

  • @black12212
    @black12212 2 года назад +1

    David,
    Are you available for hire to evaluate the value of a business for US businesses and US buyers like myself?

    • @DavidCBarnett
      @DavidCBarnett  2 года назад +2

      Yes. Send an email to info at alpatlantic.com and ask for a ‘Buyer Menu.’ A Buyer Insight Analysis is likely what you need.

    • @black12212
      @black12212 2 года назад +1

      @@DavidCBarnett Good deal. I just emailed you with the subject line Buyer Menu and my initials are OH.
      Look forward to hearing from you

    • @snorttroll4379
      @snorttroll4379 Год назад +1

      How did it go?

  • @phyllisburris7093
    @phyllisburris7093 Год назад

    Can u recommend Business Broker than can sell business for my client in Texas?

    • @DavidCBarnett
      @DavidCBarnett  Год назад

      I would want to know more about the business. Brokers have different levels of competence and can have areas of expertise. Finding the right broker can involve a sort of RFP process. ie like a real purchasing endeavour.

    • @phyllisburris7093
      @phyllisburris7093 Год назад

      After extensive research, company has decided to Partner with Hedge Fund or Investment Fund.

  • @burtonic2641
    @burtonic2641 2 года назад +1

    good stuff!

  • @hermesotaku201
    @hermesotaku201 2 года назад +1

    Sounds like I'll need a team of auditors to do all this figuring out for me before acquiring anything.

    • @DavidCBarnett
      @DavidCBarnett  2 года назад +2

      Nah, you just need to figure out what works for you when making offers. Overpricing a business doesn't mean people actually pay those prices. Often, these businesses just sit on the market until someone educates the seller on why it will never be sold.

    • @hermesotaku201
      @hermesotaku201 2 года назад

      @@DavidCBarnett So juat one auditor to analyze yheir books

  • @daljindersingh3208
    @daljindersingh3208 Год назад +1

    Is anyone here from Canada?

  • @credittrickscredithacks
    @credittrickscredithacks 2 года назад +1

    Hi David, can you please point me to your video, about when the business has X amount of money in their bank account, and the owners do NOT take that money out, prior to the sale, but leave it in the company, for the new owner

    • @DavidCBarnett
      @DavidCBarnett  2 года назад +3

      Hmm, I don't know if I have a specific video on that. What you're describing is a share sale which includes a certain level of operating capital and there needs to be cash to balance the equation. Here's a vid on the different ways to buy a company> ruclips.net/video/HgDLgwbXgj0/видео.html