Landscaping Business Interviews Wisconsin

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

Lakeside Staffing Services, Inc.
414-282-2100
7406 West Layton Avenue
Greenfield, WI
Health Care Benefits
414-514-7051
Po Box 65
Milwaukee, WI
Health Care Benefits
414-514-7051
Po Box 65
Milwaukee, WI
Hatch Staffing Services
414-272-4544
324 East Wisconsin Avenue
Milwaukee, WI
Affinity, Inc.
414 248 6356
2600 N. Mayfair Rd
Wauwatosa, WI
One Source Staffing, Inc.
414-384-6000
1223 West National Avenue
Milwaukee, WI
Eagle Technology Group, Inc.
414-453-9545
11575 Theodore Trecker Way
West Allis, WI
Trillium Driver Solutions
262-832-0276
W226 N665 Eastmound Dr, Ste 100
Waukesha, WI
New Images Business Consultants
414-690-0411
113 Mark Drive
Johnson Creek, WI
Globaltranz Consulting
608-354-1029
P. O. Box 44524
Madison, WI

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

Lakeside Staffing Services, Inc.

414-282-2100
7406 West Layton Avenue
Greenfield, WI

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