Buying and Selling a Business

Buying and Selling a Business - Advantages

It may be easier to obtain financing
You can begin business operations with an established customer base
The business could already be profitable
Immediately take a regular salary
Marketplace is already established
Immediately devote your attention to products and services
Operating facilities and employees are already in place
Inventory is already established and in place
Previous owner may provide insight on running the business
Access to business records in which to guide your decisions
Cost of going into business may be easier to determine

Buying and Selling a Business - Disadvantages

You could pay too much for the business
Previous owner may have a bad reputation
Previous owner could reopen and become a competitor
Financial records may not be a true indication of reality
Facility location may not be optimal
Facilities and equipment may be outdated or in bad shape

Resources

4 Ways of Custom Financing an Acquisition (69KB)	Financial information for investors.
5 Steps to a Successful Acquisition (84KB)	Information on a how to have a successful acquisition.
Acquiring a Business: Pick the Right Options (79KB)	Information on buying an existing business or franchise and considering becoming a licensed manufacturer.
Acquiring Technology: New or Used, Buy or Rent (75KB)	Methods to obtain necessary equipment.
Business Acquisitions: Where to Start (73KB)	Information to help decide between starting a business or buying an existing one.
Business Acquisition Checklist (804KB)	Things you should think about when buying an existing business.
Selling Your Business (4MB)	Reasons to sell, assessing assets and options of how to sell.
Buying a Business (3MB)	Reasons to buy an existing business and what is included in the process.
Integrating an Acquisition - The 3 Priorities (90KB)	Types of integration, which is best for you?
How to Evaluate a Proposed Acquisition (81KB)	Properly evaluating a proposed acquisition and how to go about doing so.
Financing New/Used Equipment: Your Options (76KB)	How to decide on what type of equipment is best for your company needs.
Equipment Financing Planning (73KB)	Information on deciding what equipment financing plan is best for your company.
Buying Equipment? Equip Yourself with Knowledge (76KB)	How to gather proper information and knowledge before deciding how to buy equipment.
Technology Watch: An Eye on Your Competitors (68KB)	How to use your competitors to your advantage, by knowing what others are doing in the same field.
Increase your Productivity by Choosing the Right Equipment (81KB)	Reducing costly errors by choosing the proper equipment.
Evaluating a Business for Sale (76KB)	Understanding what is involved when buying a business.

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Business Resource Centre

Supporting Your Relocation
is High Priority.