Landscaping Business Interviews Baton Rouge LA

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

Willstaff Worldwide
(985)335-7320
11811 Industriplex Blvd
Baton Rouge, LA
Spectrum Staffing, Inc.
225-226-5622
1221 O'Neil Lane
Baton Rouge, LA
Keenan Staffing
(225) 757-0040
Baton Rouge, LA
Staffing Personnel
(225) 296-1190
11822 Justice Ave Ste A8
Baton Rouge, LA
Shaw Martin Staffing
(225) 248-8026
2036 Wooddale Blvd Ste L
Baton Rouge, LA
Industrial Craft Services
(225) 293-0009
2352 Eastgate Dr Ste F
Baton Rouge, LA
Allegis Group Inc
(225) 927-3370
8550 United Plaza Blvd
Baton Rouge, LA
Turner Industries Group Llc
(225) 922-5010
8687 United Plaza Blvd
Baton Rouge, LA
Turner Industries Group L.L.C.
(225) 922-5010
8687 United Plaza Blvd Ste 500
Baton Rouge, LA
Spectrum Employment Agency
(225) 755-8822
2762 Continental Dr
Baton Rouge, LA

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

Willstaff Worldwide

(985)335-7320
11811 Industriplex Blvd
Baton Rouge, LA


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