Landscaping Business Interviews Huntsville AL

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

Perimeter Solutions, LLC
256-427-7111
701 McKinley Avenue
Huntsville, AL
Precipio, Inc.
256-616-4776
688 Discovery Drive
Huntsville, AL
Linear Solutions
256-650-0060
929 Willowbrook Dr.
Huntsville, AL
Surge Staffing
256-774-7144
8694 Madison Blvd
Madison, AL
Launch Program
(256) 851-6411
2535 Sparkman Dr NW
Huntsville, AL
Technisource Inc
(256) 837-5005
1525 Perimeter Pkwy NW
Huntsville, AL
Labor Finders
(256) 533-2604
2709 Governors Dr SW
Huntsville, AL
Alabama State of
(256) 851-0537
Huntsville, AL
Kenetics Inc
(256) 217-0714
555 Sparkman Dr NW
Huntsville, AL
Best Jobs Company
(256) 837-4111
6610 Old Madison Pike NW
Huntsville, AL

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

Perimeter Solutions, LLC

256-427-7111
701 McKinley Avenue
Huntsville, AL
www.psllc.net


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