Landscaping Business Interviews Lexington Park MD

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

Kenney & Company Staffing Inc
(301) 868-3300
6700 Surratts Rd
Clinton, MD
Pro Network Group Inc
(410) 668-6858
Baltimore, MD
Hospitality Staffing Solutions Llc
(410) 522-2062
1641 Fleet St
Baltimore, MD
Becky Potes Dba Job Alive Health Care Resources
(301) 203-7822
12413 Asbury Dr
Fort Washington, MD
Nri
(410) 850-0730
Baltimore, MD
MD-Nat'l Capital Park & Planning Comm
(301) 386-2278
2411 Pinewood Ave
Hyattsville, MD
Bernard Personnel Consultants
(410) 642-6229
1001 Cedar Corner Rd
Perryville, MD
Randstad
(240) 379-6592
1305 W 7th St
Frederick, MD
Maryland-National Capital Park and Planning
(301) 952-3560
Upper Marlboro, MD
Tri-County Council
(410) 341-6515
Salisbury, MD

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

PenguinSTAFF

7035385900
1432 Duke Street
Alexandria, VA
www.penguinstaff.com

Rate Article
     
Articles Insider

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History