Mundane Millionaires

Bruce Marks on Business Buying: A Lender's View

Aug 23, 2023

01:16:11

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.

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