Landscaping Business Interviews Decatur 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

Express Personnel Services
404-377-0006
1450 Scott Boulevard
Decatur, GA
Snelling Staffing of Atlanta
404-424-0000
1116 East Ponce de Leon
Decatur, GA
HR Outsourcing Inc
(404) 685-1081
1296 N Morningside Dr NE
Atlanta, GA
Encadria Staffing Solutions
(404) 652-5493
133 Peachtree St NE
Atlanta, GA
M S I
(404) 659-5050
245 Peachtree Center Ave NE
Atlanta, GA
ASPIRE Career Solutions, Inc.
404.622.1004
1195 Milton Terrace SE, Suite 1101
Atlanta, GA
TMD Temporaries*
(404) 605-0058
2581 Piedmont Rd NE
Atlanta, GA
Chase Staffing Services
770-938-2150
3983 LaVista Road
Tucker, GA
A&S Resources Staffing Inc.
770-469-1858
P. O. Box 870886
Stone Mountain, GA
The Mergis Group
(404) 364-4660
3379 Peachtree Road, North
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

Express Personnel Services

404-377-0006
1450 Scott Boulevard
Decatur, GA
www.expresspersonnel.com


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