Landscaping Business Interviews Maryland

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

Continental Technologies, Inc.
1-800-606-6060
10540 York Road
Hunt Valley, MD
Free State Temps
1-800-486-3931
120 Cockeysville Rd
Cockeysville, MD
Bar B Inc
(202) 294-8569
567 line cone
Takoma Park, MD
Imagedrop Staffing, LLC
410-551-7039
P.O. Box 493 Odenton
Odenton, MD
Mary Kraft Staffing & H.R. Solutions
410-296-0655
1447 York Road
Lutherville/Baltimore, MD
Truted Technologies
410-347-2697 Ext 1354
2400 Boston St
Baltimore, MD
Echelon Service Company
410 321 8254
7604 York Rd
Baltimore, MD
Maxim Staffing Solutions
410-910-1500
7227 Lee Deforest Drive
Columbia, MD
Kenney & Company Staffing Inc
(301) 868-3300
6700 Surratts Rd
Clinton, MD
Pro Network Group Inc
(410) 668-6858
Baltimore, 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

Continental Technologies, Inc.

1-800-606-6060
10540 York Road
Hunt Valley, MD
http://www.ctistaffing.com

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