Acquiring Minds
Trailer
Bonus
Episode 291
Season 1
Margins in Mulch: Buying a $1m Erosion Control Business
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As a banker Greg Bruns dealt with business owners, wanting what they had. When a friend bought a business, he saw a way.
Topics in Greg’s interview:
- Leaving his banking career to buy a business
- Big risks of doing an asset sale
- How ownership is different than expected
- Risks and benefits to buying small
- Why erosion control matters to infrastructure
- Being tied to the construction industry
- Managing cashflow in a project-based business
- How weather affects his bottom line
- Involving his employees in business decisions
- The good/bad of keeping the seller in the business
References and how to contact Greg:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
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