How To Avoid Dumb Deals When Buying And Selling Small Or Medium Size Businesses

Our guest for today is David Barnett, a lifelong entrepreneurial geek who helps people all over the world avoid dumb deals when buying or selling small or medium-sized businesses.

David is a business consultant, small and medium-sized business expert, fantastic advisor, and appraiser who sold three dozen companies being a business broker.

Listen in as they discuss:

• The definition of small or medium-sized business.
• What is a dumb deal?
• What’s a good deal?
• Franchising.
• Attributes of a perfect business.
• The “Mandela Effect” in buying a business.

They also discussed some of the worst advice people can get in the world of buying and selling businesses.

TIP OF THE WEEK

David: Getting 7 and a half hours of sleep every day.

Mark: My tip of the week is investlocalbook.com to learn more about David. Check out his podcast, YouTube channel, his books.

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Did you like this episode? If so, listen to another AOPI podcast episode to learn more about buying and selling businesses.

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