Hi everyone! I'm a new searcher seeking your wisdom on a few things. I would really appreciate your thoughts on the following two questions.
1. A target that I'm looking at has below-average net profit margin (3% vs 7% average in Canada according to IBISWorld report ). Are there reasons to believe that a new owner like me would be able to improve the profit margins post-acquisition? Or should I avoid this kind of deals completely? What have been your experiences?
2. For those in the landscaping business, how did your business perform during Covid19? Does a revenue decline of 25% vs pre-pandemic sound reasonable?