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Buying vs. Starting a Small Business

A Guide to Keep You from Going Broke

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Buying vs. Starting a Small Business

Written by: David Barnett
Narrated by: David Barnett
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About this listen

Do you dream of being your own boss? You can start a small business, or you can acquire one already underway. After going through this program, you will understand the particular risks and benefits of each method. We will explore what it really means to be successful in your own business beyond the surface-level statistics. You will learn how businesses are valued and how to use tools like debt to acquire one or buy the stuff you need to do a startup. Most importantly, we’ll explore the real risks of small business and manage those risks by understanding how to plan for contingencies, pivots and setting limits.

WARNING: This is not a book to get you all excited with lots of empty-headed pro-entrepreneurship lifestyle cheerleading stuff. It’s about the real world and based on the author's experience as a business owner and advisor since the 1990's.

©2024 David Barnett (P)2024 David Barnett Small Business & Entrepreneurship Business
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Real Talk

David, like always, delivers real talk. He takes complicated topics and breaks it down in simple terms and he often shows various perspectives. For example, we may want to buy a business for a little as possible, but he’ll also flesh out the bank and the sellers perspective, and how we can create wins for everyone. Get the book and follow David on YouTube.

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Great comparison of both choices: Buying vs starting a business

David doesn’t answer the question for you but equip you with some concrete points to explore and analyze the factors that helps you formulate your own answer. He also provides common ways of evaluating businesses and examples throughout this audiobook.

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