Landscaping Business Interviews Herndon VA

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

Premier Group International
703-234-7889
13800 Coppermine Road
Herndon, VA
ROCS - College Student Staffing
703-579-6677
4401 Fair Lakes Court
Fairfax, VA
Graham Staffing Services, Inc.
202-861-1260
1130 Connecticut Avenue, NW
Washington, DC
Ajilon Finance
(571) 643-0090
2325 Dulles Corner Blvd Ste 675
Herndon, VA
Ajilon Prof Staffing
(703) 464-4888
2325 Dulles Corner Blvd
Herndon, VA
Accountemps
(703) 437-7723
12950 Worldgate Dr
Herndon, VA
Nri
(703) 391-8000
Herndon, VA
Nri
(703) 391-8000
Herndon, VA
Ais Group
(703) 904-8675
Herndon, VA
Ajilon Finance
(571) 643-0086
205 Van Buren St
Herndon, VA

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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

Premier Group International

Premier Group International - 'Achieving the Unexpected'

703-234-7889
13800 Coppermine Road
Herndon, VA
http://www.premierg.com

Professional staffing firm offering permanent candidate placement, temp-to-hire, on-site recruiting support, specializing in cleared community.

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