Landscaping Business Interviews Cary NC

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

Balancing Professionals, LLC
919.602.3759
3434-135 Kildaire Farm Rd., #142
Cary, NC
Above and Beyond Staffing, LLC
919-650-3735
901 Kildaire Farm Rd, Suite D12
Cary, NC
Howard Systems International
919-852-3611 x3117
1121 Situs Court
Raleigh, NC
Reef Systems Corporation (Healthcare staffing)
919-521-8336
900 S Wilmington St Suite 114
Raleigh, NC
Delta Global Services
919-389-2108
2400 Terminal Blvd Terminal 2
Raleigh, NC
Manpower
(919) 851-1828
1122 Oberlin Rd
Raleigh, NC
One Source LLC
(919) 834-3331
2841 Plaza Pl
Raleigh, NC
Management Recruiters of Raleigh/MRI
(919) 781-0400
5171 Glenwood Ave
Raleigh, NC
Bullington Associates Of Raleigh
(919) 781-1350
3700 National Dr
Raleigh, NC
Accountemps
(919) 787-8226
4140 ParkLake Ave
Raleigh, NC

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

Balancing Professionals, LLC

919.602.3759
3434-135 Kildaire Farm Rd., #142
Cary, NC
http://www.balancingprofessionals.com

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