Landscaping Business Interviews Acworth GA

You have the opportunity to purchase a landscaping business. How would you decide whether or not to buy it, and how much to pay for it? Read on and you'll know.

Local Companies

Express Employment Professionals
770-928-8786
9539 Hwy 92
Woodstock (North Metro Atlanta), GA
P's & Q's Child Care Staffing
770-926-0822
2141 Kingston Court
Marietta, GA
Distant Assistant 4U
770-605-5146
2141 Lake Park Dr
Smyrna, GA
Supreme Staffing Services, Inc.
770-432-3269
3330 Cumberland Blvd
Atlanta, GA
Interra International, Inc.
(678) 302-1210
2000 Riveredge Parkway
Atlanta, GA
Acsys Inc.
(770) 395-6057
Five Concourse Parkway
Atlanta, GA
Johnson Service Group
678.564.5380
6000 Lake Forrest Drive
Altanta, GA
Specialized Imaging Technologists Inc
(770) 529-2744
3330 Cobb Pkwy NW
Acworth, GA
Universal Health Employment Network
(770) 966-1417
85 Golf Crest Dr
Acworth, GA
P & S Services Inc
(770) 419-8030
1381 Rhododendron Dr NW
Acworth, GA

 

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You have the opportunity to purchase a landscaping business. How would you decide whether or not to buy it, and how much to pay for it?

This question is a good candidate for the Five Cs. Determine:

Character

  • How would you evaluate the sincerity, honesty, and integrity of the owner of the business? Do others that they deal with (employees, suppliers, customers) value them as partners, or are there character issues?
  • Is there any legal action pending against the business?
  • Does the business have a positive employee culture? Does it engage in any charitable or environmental initiatives?

Capacity

  • Is the business turning away new customers due to lack of equipment/ employees?
  • Are the assets of the company (property, plant) strained or in a state of disrepair?

Capital

  • Is the landscaping business carrying any debt? What is its debt ratio?
  • What is the company's cash flow like over the last five years?
  • What is the company's new account history? How much business is new vs. repeat?

Collateral

  • Are any of the business' assets impaired in any way? Obsolete equipment, for instance?

Conditions

  • Describe the market space the business occupies. Is it a leader? Are there many players?
  • What defines dominance in this market? Cost? Economies of scale? Speed to market? Relationships with customers? Where does this business fall against the aforementioned metrics?
  • Is the market for landscaping saturated? Are there opportunities for expanding the current customer base?
  • What advertising and promotional activity has been done? How much does the business spend (as a percent of sales) on marketing its services?

Read article at Vault.com

Featured Local Company

Express Employment Professionals

RESPECTING PEOPLE. IMPACTING BUSINESS.

770-928-8786
9539 Hwy 92
Woodstock (North Metro Atlanta), GA
Express Employment Professionals

For nearly 25 years, the mission of Express Employment Professionals has been to help people find jobs and help businesses find the people and human resource services they need. We accomplish this mission through a network of over 600 locations in the United States, Canada, South Africa and Australia. Each Express office is locally owned and operated and backed by the expertise and support of an international headquarters. Simply put, Express is large enough to meet your needs and small enough to care

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