Landscaping Business Interviews Natchitoches LA

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

King-Patin Ltd
(337) 261-5450
315 S College Rd
Lafayette, LA
Keenan Staffing Inc
(985) 867-3747
106 Park Pl Ste 300
Covington, LA
Quality Medical Staffing Agency
(337) 981-2461
510 Guilbeau Rd
Lafayette, LA
Willstaff Worldwide
(985) 847-9002
1408 Gause Blvd
Slidell, LA
Alternative Staffing & Payroll Inc
(985) 867-9988
19315 N 12th St
Covington, LA
Career Finders Llc
(225) 274-1077
10985 N Harrells Ferry Rd
Baton Rouge, LA
Team Labor Force Llc
(985) 449-1112
1202 Tiger Dr
Thibodaux, LA
Lofton Staffing Services
(337) 433-6188
1 Lake Shore Dr
Lake Charles, LA
Acadiana Works Inc
(337) 948-1330
1305 Diesi St
Opelousas, LA
Onesource Professional Search Llc
(985) 727-2060
4075 Desoto St Ste A
Mandeville, LA

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

Generic Solutions Inc

214-501-7199
Dallas,Texas
Dallas, TX


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