Landscaping Business Interviews Cherry Hill NJ

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

247 Express Inc
(215) 755-4878
527 Wolf St
Philadelphia, PA
Five Star Staffing "Servers with professionalism for all occasions"
800-892-9937
Po Box 63786
Philadelphia, PA
Accountants For You
215-988-7200
1515 Market St.
Philadelphia, PA
Accountants for You Incorporated
(215) 988-7200
1515 Market St
Philadelphia, PA
The Judge Group
267-519-6163
1701 JFK Blvd
Philadelphia, PA
Acsys Inc
(215) 253-3429
1700 Market Street
Philadelphia, PA
Accountemps
(215) 568-4580
1735 Market Street
Philadelphia, PA
OfficeTeam
(215) 568-0461
1735 Market Street
Philadelphia, PA
Robert Half Finance & Accounting
(215) 568-4580
1735 Market Street
Philadelphia, PA
Robert Half Legal
(215) 988-1781
1735 Market Street
Philadelphia, PA

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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

247 Express Inc

(215) 755-4878
527 Wolf St
Philadelphia, PA

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