How do I assess a day camp’s field trip and bus vendor relationships?
List every field trip venue and bus vendor the camp uses, then ask for contracts, invoices and any problems from past seasons. Check who holds the relationship, whether pricing and availability are secure, and what happens to bookings after a sale. Weak transport can disrupt a camp season quickly.
Start with the schedule of outings. Which venues does the camp visit, how often, and how are they booked? Ask for confirmations, invoices and any correspondence about changes or cancellations. Venues that depend on the owner’s personal contact are worth noting, because the buyer may have to build that connection again.
Next, look at transport. Is the camp using a bus company, parent drivers, its own vehicles or public transit? Ask about reliability: late arrivals, breakdowns, cancelled runs and how they were handled. Compare how much transport costs against what the camp collects for trips, and check whether it is quoted per trip or a flat arrangement. Ask your accountant to compare these figures with the statements, in the way a ratio review would.
Finally, ask about oversight. Who confirms that drivers and vehicles are suitable, and how are children counted on and off? Ask your insurer and lawyer what they expect from a camp using outside transport, and whether the vendor agreements will continue under new ownership. Ask the main vendors, with the seller’s consent, whether they plan to continue working with the camp. Their answers will tell you what is secure and what is not.
Key takeaways
- List every venue and bus vendor, with contracts, invoices and confirmation emails.
- Ask about past problems and how the camp handled them.
- Find out which relationships depend on the owner and whether vendors will continue.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentAfter buying a business, what is the next step?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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