Landscaping Business Interviews Las Cruces NM

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

Adecco
(505) 373-2200
Las Cruces, NM
Labor Finders
(505) 523-1161
901 S Main St
Las Cruces, NM
Officeteam
(505) 527-4660
Las Cruces, NM
Kelly Services
(505) 525-1232
3831 E Lohman Ave
Las Cruces, NM
Accountemps
(505) 527-4420
Las Cruces, NM
Spherion
(505) 888-0505
6001 Indian School Rd NE Ste 230
Albuquerque, NM
Itsquest Inc
(505) 623-6886
110 W Country Club Rd
Roswell, NM
Labor Ready
(505) 268-9040
4418 Central Ave SW
Albuquerque, NM
Kelly Services
(505) 883-6873
6000 Uptown Blvd NE
Albuquerque, NM
Its Quest
(505) 258-2359
1096 Mechem Dr Ste 303
Ruidoso, NM

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

Requested Personnel

512-203-4715
6650 Gateway Blv
El Paso, TX


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