How does the business operate on a daily basis?
Owner submits quotes to potential clients.
Staff report to client to carry out tree felling.

How are the clients attracted to the business?
Repeat business after previous excellent service.
Word of mouth.

What Advertising/Marketing is carried out?
Nil

Does the business have any contract work?
No

What competition exists?
Minimal due to the business' reputation.

What are the seasonal trends?
Business peaks in summer

Is the business VAT Registered?
No

What Balance Sheet and Income Statements are available?
Annual financials for year ended 28 February 2023.

What percentage of the business is cash/credit?
Clients pay on completion of job.

How could the profitability of the business be improved?
Advertise.
Increase social media spend.
Improve the web site.

Is Seller finance available and for what amount?
No

What is the total staff complement?
4

Give a breakdown of staff/ functions/ length of service?
Operator/climber - 16 years service.
Chain saw operator - 15 years service.
Cleaner - 20 years service.
Driver - 15 years service.

Are they on contract?
Letters of appointment

Do any have management potential?
No

How involved is the Owner in running the business?
100%

When does the current lease end?
There isn't a lease as the Owner operates from home.

What are the main assets of the business?
Two vehicles, trailer, chain saws, ladders, brush cutters.

What is their overall condition?
Good

Do any require repairing?
No

How have they been valued ?
By the Owner

Which assets are on lease/HP and with whom?
None

Are they presently insured?
Yes

Strengths?
Long established business.
Skilled staff.
Reputation.
Excellent service delivery.

Weaknesses?
Small Owner run business.

Opportunities?
Huge opportunity to increase volume of business by increasing advertising and social media spend and improving web site.

Threats?
State of the economy.

What is the reason for the sale?
Owner's ill health

Why is this a good business?
Well established business after 38 years.
The business has an excellent reputation.