014 | Reconsideration Of Exit Strategy, With David Barnett

David Barnett and Manuj Aggarwal discuss how to consider your entry and exit strategy when selling small and medium-sized businesses as well as what most buys would want from you and your business.What are you waiting for?     Tune In Now! In this episode we will learn:  Things to consider when selling a business  What buyers are always looking for in businesses  Mistakes sellers make when they rush to sell the business  How to get finance when buying a new business  How to exit an unfavorable business position  Things to consider before selling a business  How to strategize your sales plan  How to avoid mistakes while selling a business  How to find the right buyer for your business  Why 80% of businesses that intend to sell never doAbout David BarnettDavid Barnett is a private transaction advisor and former expert business broker, entrepreneur, and a bestselling author. He has over 35 years of experience mediating the buying and selling of small and medium-sized businesses. Education – He is a 1998 graduate of the Williams School of Business and Economics at Bishop’s University, and a graduate of UNBSJ’s Electronic Commerce Management Program.  Since the late ‘90s, he has been building his profile as an expert in the field of small and medium-sized enterprises. Experience – He has worked as an accountant with the Yellow Pages between 1998 and 2005 where he acquired hands-on knowledge of business accounting. In 2006 he began building his professional consulting practice by starting Advantage Liquidity Partners Ltd. ALP Ltd. was a broker of commercial debt solutions for small and medium-sized enterprises, then joined Sunbelt Business Brokers in 2008. After completing an extensive training and testing process in 2009, he was awarded the CMEA designation by the NEBB Institute. Within 3 years, he helped intermediate 35 business buy/sell transactions in Atlantic Canada. He sold the Moncton Sunbelt franchise in December of 2011 and took a position with American Express to manage their corporate mid-market revolving credit programs in Atlantic Canada.Accomplishments - He began buying income properties between the years of 1998 and 2005.  He eventually owned 3 multi-unit properties and one house which he disposed of in a lease-option deal. With all those experiences, he is an Amazon best-selling author. Links & Mentions from This Episode:David Barnett’s website: http://davidcbarnett.com    David Barnett’s books: https://amzn.to/2FGqUZJ ZIVAOnline meditation course: https://go.tetranoodle.com/z1TetraNoodle consulting services: https://www.tetranoodle.comTetraNoodle professional training: https://courses.tetranoodle.comThanks for Tuning In!Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section!Enjoyed the episode? Kindly share it with your friends. Don’t forget to subscribe to the show on iTunes to get automatic episode updates for our “Bootstrapping Your Dreams Show!” Stay happy & curious! Support the show See acast.com/privacy for privacy and opt-out information.Support the showFollow me on Facebook ⬇️https://www.facebook.com/manuj.aggarwal❤️  ID -  Manuj Aggarwal■ LinkedIn: https://www.linkedin.com/in/manujaggarwal/ ■ Facebook: https://www.facebook.com/realmanuj■ Instagram: ...