Landscaping Business Interviews Augusta 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

Olsten Staffing Serives
(706) 737-9177
2623 Washington Rd
Augusta, GA
Norrell Staffing Services
(706) 854-1220
119 Davis Rd Ste 9E
Augusta, GA
Arbor E & T
(706) 772-9411
3645 London Blvd
Augusta, GA
Georgia Personnel Services Inc
(706) 722-4222
1143 Laney Walker Blvd
Augusta, GA
Olsten Staffing Services
(706) 210-8001
519 Pleasant Home Rd
Augusta, GA
Peak Employment Solutions Llc
(706) 228-7325
211 Pleasant Home Rd Ste G2
Augusta, GA
Balanced Staffing
(706) 364-2904
4416 Columbia Rd
Augusta, GA
Adecco Employment Services
(706) 737-9177
2623 Washington Rd
Augusta, GA
Labor Ready
(706) 724-9585
1551 Laney Walker Blvd
Augusta, GA
Trojan Labor
(706) 736-6199
1961 Kissingbower Rd
Augusta, GA

Provided By:

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

Spherion Recruiting & Staffing

803-772-4928
16 Berryhill Road
Columbia, SC


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