Buy a business
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Whether you are buying your first business or making an acquisition to expand your existing business, it is important to make the right choice. Find out how to evaluate and finance your acquisition and what to expect when you get started.
What challenges are you facing?
Check out the content under the headings below to discover the steps involved in buying a business.
Should I buy a business?
A key advantage to buying a business rather than starting one from scratch is that an acquisition allows you to skip the expensive—and risky—start-up stage.
- Business acquisitions: 4 essential questions you need to ask yourself
- Never satisfied: Why this serial entrepreneur decided to start all over again
- Buying a business with strong growth potential: A promising strategy for the right team
- Buying a business: How to take advantage of the coming wave of entrepreneur retirements
- The pros and cons of buying a business
- Key considerations when buying an existing business
- Five mistakes to avoid when buying a business
How do I find a business to buy?
Finding a business for sale isn’t as simple as looking for a for-sale sign in the window. Instead, most entrepreneurs looking to sell their business are waiting patiently for the right buyer to come knocking.
How do I evaluate a business that's for sale?
Once you’ve found a target, you should do in-depth research to ensure you understand what you’re purchasing and make sure you’re not overpaying.
What are the steps involved in buying a business?
Because buying a business will involve investing a fair amount of money and time, it is critical to do your homework when gathering information about the business, and to develop a solid acquisition strategy.
- Successful mergers are all about compromise
- No stops for this B.C. traffic control company: Acquisition strategy drives stunning growth
- What is the minimum down payment to buy a business?
- From our blog— How to successfully buy a business mid-pandemic
- What are the steps to buying a business?
- Whose advice should you seek when buying a business?
- How banks value a business when financing an acquisition
- Buying a business: Major pitfalls to avoid when negotiating a purchase agreement
- Letter of intent and confidentiality agreement for a business acquisition: What clauses should be included?
- Cheese entrepreneurs reap tasty growth from well-planned acquisition
- A transition in translation: Buying a business as a new immigrant
- Buying a business: How to prepare for the unexpected
- How vendor financing can help your acquisition
- Management buyouts: Points to consider and ways to finance them
- Starting a business with poor personal credit: 3 tips to secure financing
- 4 steps to doing due diligence when buying a business
- How a minority investor can help you buy a business
- What type of business should I buy?
- The steps you need to take BEFORE buying a business
- Five mistakes to avoid when buying a business
- From our blog— The impact of the financing package on the sustainability of operations after a business transfer
- From our blog— Buying a business? 4 critical questions to ask before negotiating the price
What should I do after buying a business?
Access to start-up financing is essential for most new businesses, but for many entrepreneurs just starting out, their biggest challenge is getting adequate financing.