David C Barnett | Exit Strategies - How To Sell Your Business

Join your host Giuseppe Grammatico and his guest David Barnett as
they talk about exit strategies, the business selling model that
works better for clients, and what one needs to do to sell a
business faster. In this episode, what's done to a business
operation-wise is valued more than what you've put into starting
the business, David clarifies. For it to be viable to buyers,
numbers need to be up, visible, and sustainable. He emphasizes
that before a business can even enter an exit phase, it needs to
be in prime shape, especially before an owner's lack of interest
and focus starts impacting the results.In this episode you will
learn: Business owners and franchise investors when it comes to
exit strategies. Different businesses have varying multiples.
Cashflow > Revenue – Why operation is key. What are the
reasons why people sell their business? About David Barnett:David
Barnett 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, Mr. Barnett has been building his profile as an expert in
the field of small and medium-sized enterprises. Mr. Barnett
joined Sunbelt Business Brokers in 2008.  Sunbelt is the
world's largest network of business brokers with over 300 offices
on six continents. In 2009, after completing training and testing
over 18 months in both Canada and the U.S., Mr. Barnett was
awarded the Certified Business Intermediary designation by the
International Business Brokers Association, which he maintained
until leaving the profession.  In 2009, Mr. Barnett's
company, ALP Ltd., purchased the Moncton Sunbelt office.Barnett's
April 2016  book, How To Sell My Own Business, became a best
seller under Amazon's Entrepreneurship category in its release
month.

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