How do I explain my deck company’s crew roles to a buyer?
Lay out the crew on one page: who leads a build, who frames, who finishes, who handles the client and who orders materials. Name the skills that only one person has, and show how work is scheduled, so a buyer can see what the company needs to keep running.
Describe the crew by function rather than by name first. A buyer wants to know whether the company is built around a few people or around a method any trained team could follow. Show how a typical build is staffed, how long each person has been with you and who a client would call when something goes wrong.
Be honest about the dependencies. If one lead carries the design conversations, or you personally sell every job, say so. A buyer will find it anyway, and it is better to hear it from you, along with a plan such as a handover period or a retention arrangement. Mention seasonal workers and subcontractors separately, and how they are paid.
Prepare the people as well. Decide with your lawyer when and how employees are told about the sale, and what promises can be made. Ask your accountant to confirm that the payroll in the statements matches the roles you describe. A buyer will compare the two, so any gap needs an explanation before they ask. A simple chart of who reports to whom, kept to a single page, usually answers more questions than a long explanation.
Key takeaways
- Describe roles by function first, then attach names, tenure and who clients call.
- Say plainly which skills or client relationships depend on one person, and offer a plan.
- Check that the payroll figures in your statements match the crew structure you describe.
Related reading
15 pages on the same subject, grouped by topic.
Buying
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- Expert answerHow do I keep a cleaning company’s crews and subcontractors after buying it?
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Due diligence
- Expert answerWhat should I ask about a cleaning company’s night-shift crews before buying?
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- Expert answerHow do I check a landscaping company’s snow-removal contracts before buying?
- Expert answerHow do I check a trades company’s quote-to-job record before buying?
- Expert answerWhat should I check about a renovation company’s deposits on jobs not yet started?
- Expert answerWhat should I check about a trades company’s vans and tools before buying?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentUnderstanding post-merger operational integration
- 03Business Development Bank of CanadaGovernmentHow to reduce employee turnover
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