Landscaping Business Interviews Eau Claire WI

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

Kelly Services
(715) 834-8001
2004 Highland Ave Ste D
Eau Claire, WI
Express Personnel Services
(715) 831-8778
3410 Oakwood Mall Dr
Eau Claire, WI
Work Connection the
(715) 836-9675
3403 State Road 93 Ste 2B
Eau Claire, WI
Placement Pros
(715) 552-0300
1812 Brackett Ave Ste 3
Eau Claire, WI
Adecco Employment Services
(715) 833-9870
2155 Eastridge Ctr
Eau Claire, WI
Skil-Tech
(715) 833-0988
1241 Menomonie St
Eau Claire, WI
Jobs Plus Inc
(715) 832-3434
1417 N Clairemont Ave
Eau Claire, WI
United Employment Inc
(715) 552-1660
2005 Highland Ave
Eau Claire, WI
Flex-Staff Inc
(715) 855-8155
4423 Gold Ter # 3
Eau Claire, WI
Kelly Services
(414) 290-9550
3333 N Mayfair Rd
Wauwatosa, WI

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

ADD ON Staffing Solutions

651-488-1000
255 E Roselawn Avenue
Saint Paul, MN
www.addoninc.com


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