Landscaping Business Interviews Columbus 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

Accounting Prinicpals
706-568-4055
3575 Macon Road
Columbus, GA
Staffing Connections
706-324-1910
5629 Princeton Avenue
Columbus, GA
Experience Works
(706) 596-0490
700 Veterans Pkwy
Columbus, GA
Chase Staffing Service
(706) 653-1962
6100 Veterans Pkwy Ste 3
Columbus, GA
Staffing Solutions
(706) 327-2992
5651 Whitesville Rd
Columbus, GA
Trojan Labor
(706) 322-9420
710 Linwood Blvd
Columbus, GA
Georgia Job Tips
(706) 322-6255
1520 3rd Ave
Columbus, GA
Ambassador Personnel
(706) 317-9919
3 Bradley Park Ct
Columbus, GA
Accounting Principals
(706) 568-4055
3575 MacOn Rd
Columbus, GA
Ablest Staffing Services
(678) 583-0800
209 Olde Town Way
McDonough, GA

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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

Accounting Prinicpals

706-568-4055
3575 Macon Road
Columbus, GA

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