Landscaping Business Interviews Annapolis MD

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

Imagedrop Staffing, LLC
410-551-7039
P.O. Box 493 Odenton
Odenton, MD
Truted Technologies
410-347-2697 Ext 1354
2400 Boston St
Baltimore, MD
Adecco Employment Services
(410) 266-0967
132 Holiday Ct
Annapolis, MD
Kelly Services
(410) 266-5077
133 Defense Hwy
Annapolis, MD
Tdi Outsource Inc
(410) 849-3223
245 Nottingham Rd
Annapolis, MD
Temp Accounts
(410) 266-2500
1948 West St
Annapolis, MD
Maryland Job Service-Job Seeker Service
(410) 974-7920
2016 Industrial Dr
Annapolis, MD
Express Personnel Services
(410) 268-0049
104 Ridgely Ave
Annapolis, MD
Maryland Job Service
(410) 269-4564
80 West St
Annapolis, MD
Rapid Tax
(410) 266-2500
1948 West St
Annapolis, MD

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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

Imagedrop Staffing, LLC

410-551-7039
P.O. Box 493 Odenton
Odenton, MD

Related Local Event
The 2009 Federal Workforce Policy Forum
Dates: 6/10/2009 - 6/12/2009
Location: The Performance Institute
Arlington, VA
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