Landscaping Business Interviews Green Bay 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

Abr Employment Services
(920) 592-9393
550 N Military Ave Ste 12
Green Bay, WI
Accountants & Controllers Llc
(920) 733-2246
1400 Lombardi Ave
Green Bay, WI
New Contracting Services Inc
(920) 431-4400
118 S Chestnut Ave
Green Bay, WI
J S Staffing Services
(920) 405-8970
1540 Capitol Dr Ste 101
Green Bay, WI
Dell Technical Group
(920) 884-7070
2670 S Ashland Ave
Green Bay, WI
Seek Careers & Staffing
(920) 432-3988
339 S Adams St
Green Bay, WI
Techstaff Inc of Northern Wisconsin
(920) 498-9870
Green Bay, WI
Temporary Solutions Inc
(920) 465-7222
1496 Bellevue St
Green Bay, WI
Tempro Staffing
(920) 497-5628
1566 W Mason St
Green Bay, WI
Connexions Staffing Llc
(920) 430-7305
Green Bay, WI

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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

Health Care Benefits

414-514-7051
Po Box 65
Milwaukee, WI


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