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Bruce Marks on Business Buying: A Lender's View

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Manage episode 375161575 series 3505375
Content provided by Mundane Millionaires LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mundane Millionaires LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of SMB Law Group, Kevin Henderson and Eric Pacifici sit down with Bruce Marks, a seasoned lender from First Bank of the Lake. Bruce dives into the intricate world of business buying, shedding light on the lender's perspective. He emphasizes the significance of not just selling a business, but also selling oneself as a buyer to both lenders and brokers.

With a staggering record of over 1200 business closings, Bruce shares invaluable insights. He discusses the qualities that define a good business and what makes an individual stand out as a promising buyer. His experiences provide listeners with a deeper understanding of the risks and rewards of entrepreneurship.

A surprising revelation from Bruce is his unique fear and aversion to kayaks. This light-hearted touch adds a personal dimension to an otherwise business-centric conversation, making the episode both informative and relatable.

Support the Show.

Thanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!
For more content from Mundane Millionaires, follow us here:

Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!
For more content from our hosts, Kevin and Eric, following them here:
Kevin:

Eric Pacifici

  continue reading

31 episodes

Artwork
iconShare
 
Manage episode 375161575 series 3505375
Content provided by Mundane Millionaires LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mundane Millionaires LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of SMB Law Group, Kevin Henderson and Eric Pacifici sit down with Bruce Marks, a seasoned lender from First Bank of the Lake. Bruce dives into the intricate world of business buying, shedding light on the lender's perspective. He emphasizes the significance of not just selling a business, but also selling oneself as a buyer to both lenders and brokers.

With a staggering record of over 1200 business closings, Bruce shares invaluable insights. He discusses the qualities that define a good business and what makes an individual stand out as a promising buyer. His experiences provide listeners with a deeper understanding of the risks and rewards of entrepreneurship.

A surprising revelation from Bruce is his unique fear and aversion to kayaks. This light-hearted touch adds a personal dimension to an otherwise business-centric conversation, making the episode both informative and relatable.

Support the Show.

Thanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!
For more content from Mundane Millionaires, follow us here:

Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!
For more content from our hosts, Kevin and Eric, following them here:
Kevin:

Eric Pacifici

  continue reading

31 episodes

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