Yes. People don't like it though.

@@DavidCBarnett So wait, do you think that a lot of people who buy businesses (and borrow to buy them) still have other debt like credit cards, mortgages, etc?

SBA is an American program. You don't have to be a citizen to use an SBA loan, but you do have to be a legal resident there.

Glad it was helpful!

People use it that way, however the macro shortcuts and buttons may not work like they do in Excel. (not serious)

Yes, I've spoken to brokers all over and at the end of the day, business is done between people and everyone faces similar challenges in their deals.

@David-wm6ti ironically I just walked out of a meeting with a client who has one for sale. Where are you located?

Competitive industry but everyone needs a mattress! There are many niches in this industry, the discount mattress stores can have seasonal cash flow.

Depends. Can you get good supplier support and pricing? What's the competition like in your market? So, I'm gonna stick with 'depends.' LOL

see the pinned comment.

@@DavidCBarnett Sorry - didn't notice it. I do like the simplicity of your spreadsheet however, I have run several of my businesses through it. Thanks.

Welcome aboard!

Glad it was helpful!

Thanks

Just keep watching. One day my biceps will be bigger too! ;)

Net earnings is not cash flow either. Things like depreciation are not cash expenses. Also, cash collected in earlier periods could be taken out at owner's salary in later periods. It's why you need to be looking at balance sheets as well as income statements.

Survival-drive makes people twist their perceptions.

Lol, the breeders are only breeding self integrity, and if you want one of those integrity for others, the best you'll find is a mix breed 😂

Awesome, thank you!

Thanks for the tips!

I didn't know that.

Depends on the offer format. A share purchase should include a target balance sheet or Net-position in working capital peg.

This video talks about cash flow. not valuation.

Thanks

Cheers

Yes.

Everyone goes to work everyday to earn money. It amazes me how some people forget this.

Great advice.

Thank you for your kind words! We're thrilled to hear you're enjoying the show and finding it valuable.

I think you need some kind of other income, that's for sure.

Thanks Gurit!

Glad it was helpful!

Thanks. I love you and all my other viewers.

Cheers.

Please don't be mean. I really like you.

@@DavidCBarnett I was hoping it would come across as a funny compliment. No offense knucklehead.

If you like watching me do this kind of thing, you'd love my cash flow forecasting program.... www.BizPlanSchool.com

Thanks

Loan repayments are not an expense. They come out of the net income. Many times, SDE is lower than fair market value of a manager's wage. I see that often.

Yeah, triggered me too. I ran to the bookshelf to hold a copy of Atlas Shrugged to console my fast-beating heart.

@@DavidCBarnett 😂 can’t wait for your next one! Headed to your website too!

Glad you enjoyed it!

Very appropriate advice on this one David. With regards to how they make decisions, I would be very surprised if they had adjusting commodity pricing in already. Not to say it never happens, but they’d have to be pretty sharp at the level of revenue considered here. That along with flat revenue seems like you would want to ensure price matches the reality of earnings.

Additionally, she mentioned that the previous owner won a TV competition. That is potentially a small issue in itself, as a slice of the sales may be due to that person in particular. If there is a brand affiliation with that person, then if she changes the brand, she may see a hit.

Great observation.