Acquiring Minds

Margins in Mulch: Buying a $1m Erosion Control Business


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  • Which Business Should You Buy? - Thu Oct 10 - https://bit.ly/3TYdVZ8

  • Due Diligence Office Hours - Wed Oct 16 - https://bit.ly/3BznZl0


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:

  • The Acquisition Lab

Get $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th:

  • https://www.malaunchpad.com & enter code ACQUIRINGMINDS

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

  • Matthias Smith of Pioneer Capital Advisory

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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