Landscaping Business Interviews Covington 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

Jacobson Staffing Company
678-284-0633
5128 N. Henry Blvd.
Stockbridge, GA
Servers Only Inc. Bartenders/Servers
404.9368996
P.O. box 811
Stockbridge, GA
Matteson Partners.Com
(770) 392-7171
2 Ravinia Dr
Atlanta, GA
Prestige Staffing
(770) 200-3565
8010 Roswell Rd Ste 330
Atlanta, GA
Kelly Services
(912) 354-3050
322 Commercial Dr Ste 3
Savannah, GA
Career Personnel
(706) 722-1265
821 Broad St
Augusta, GA
Willstaff Worldwide
(478) 374-0228
Eastman, GA
Kelly Services
(678) 893-0925
3655 Brookside Pkwy Ste 100
Alpharetta, GA
Ambassador
(770) 456-8877
514 W Bankhead Hwy
Villa Rica, GA
Ats Health Services
(404) 231-9303
3098 Piedmont Rd NE
Atlanta, GA

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

Jacobson Staffing Company

678-284-0633
5128 N. Henry Blvd.
Stockbridge, GA


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