Landscaping Business Interviews Blue Springs MO

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

Penmac
816-524-5442
1304 NE Windsor Drive
lee's Summit, MO
H2B Extension, Inc
866-475-9245
PO Box 26281
Kansas City, MO
Jennings & Associates
(816) 228-7272
1600 NE Coronado
Blue Springs, MO
Nu Staff Personal Services
(816) 220-9260
PO Box 141
Blue Springs, MO
Aquent Llc
(314) 514-1100
1066 Executive Parkway Dr
Saint Louis, MO
Ultimate Staffing
(314) 726-1324
7777 Bonhomme Ave
Saint Louis, MO
Avantas
(314) 983-9994
11500 Olive Blvd Ste 124
Creve Coeur, MO
Gateway Staffing Solitions
(636) 861-2700
1 Vance Rd
Valley Park, MO
Express Personnel Services
(636) 584-0284
30 Hi-Line Dr Ste B
Union, MO
Lake of the Ozarks Employment Services Inc
(573) 392-7854
105 E North St
Eldon, MO

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

Penmac

816-524-5442
1304 NE Windsor Drive
lee's Summit, MO

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