Landscaping Business Interviews Hinesville 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

Appleone Employment Services
(770) 814-8124
3455 Peachtree Industrial
Atlanta, GA
Randstad
(770) 534-9625
885 Dawsonville Hwy Ste 1140
Gainesville, GA
Borman Gray International
(770) 395-0150
1864 Independence Sq
Atlanta, GA
Mau Inc
(706) 724-8367
501 Greene St Ste 100
Augusta, GA
Tandem Staffing Solutions
(678) 422-5252
1560 Southlake Pkwy
Morrow, GA
Officeteam
(678) 473-1776
2170 Satellite Blvd
Duluth, GA
America South East Employment Agency
(770) 451-3333
3146 Chamblee Dunwoody Rd
Atlanta, GA
Dunhill Search of West Atlanta
(770) 952-0007
1949 Brownridge Dr NE
Atlanta, GA
Randstad
(912) 354-9020
7400 Abercorn St Ste 902
Savannah, GA
Ats Staffing-Conyers
(770) 785-7710
1264 Parker Rd SE
Conyers, 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

MMR Incorporated

912-330-8388
1269 Estates Way
Pooler, GA
http://www.mctcareers.com

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