Landscaping Business Interviews Albany 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

Georgia Personnel Services
(229) 438-8367
1106 Whispering Pines Rd
Albany, GA
Experience Works
(229) 435-9124
1608 S Slappey Blvd
Albany, GA
Walker Group the
(229) 438-8367
1106 Whispering Pines Rd
Albany, GA
Labor Finders
(229) 430-8785
936 W Broad Ave
Albany, GA
Albany Management Information Services
(229) 883-0060
416 W Highland Ave
Albany, GA
Kelly Services
(229) 888-2346
2700 Dawson Rd
Albany, GA
Global Employment Solutions
(706) 217-1776
2514 E Walnut Ave
Dalton, GA
Selecsource Inc
(770) 752-0451
875 N Main St
Alpharetta, GA
Caldwell Temporary Services Inc
(770) 739-0796
561 Thornton Rd
Lithia Springs, GA
Key Recruiters
(404) 233-8366
3390 Peachtree Rd NE Lbby
Atlanta, 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

Accounting Prinicpals

706-568-4055
3575 Macon Road
Columbus, GA

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