Landscaping Business Interviews Hamden CT

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

Diversified Employment Sercices
(203) 397-2500
1463 Whalley Ave
New Haven, CT
Adecco
203-268-9300
965 White Plains Road
Trumbull, CT
Kelly Educational Staffing
(203) 288-3564
2313 Whitney Ave
Hamden, CT
Hamilton-Murphy
(203) 230-0402
2911 Dixwell Ave Ste 301
Hamden, CT
Employment Benefit Communication
(203) 281-5300
60 Connolly Pkwy
Hamden, CT
Qsi
(203) 287-8900
11 Hidden Brook Rd
Hamden, CT
Hamilton Connections of Hamden
(203) 287-2870
2666 State St
Hamden, CT
Kelly Services
(203) 248-2460
2313 Whitney Ave
Hamden, CT
Jackie Matchett Personnel
(203) 777-1151
1890 Dixwell Ave
Hamden, CT
Bill May Staffing Inc
(203) 777-1151
1890 Dixwell Ave
Hamden, CT

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

Diversified Employment Sercices

Permanent and Temporary Staffing Needs

2033972500
1463 Whalley Ave
New Haven, CT
diversifiedemployment.com

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