Buying a Business

Everything Business Buyers Need to Know

Connecting Buyers to Businesses

Buying a business is a much more straightforward process with Merchant Buyers Agency. As Buyers Agents we work exclusively for you. Buying a business can be complicated and frustrating but we can help you avoid the common pitfalls along the process.

You can depend on our expertise to assist and guide you from the initial search and evaluation stages, right through to a successful acquisition.

As experienced Buyers Agents we understand that finding, not just a business but the right business isn’t as easy as it may appear. We offer professional support and can work with you by offering ideas, thoughts or additional resources to ensure that you are heading in the right direction.

At Merchant, our aim is simple: to help you find your ideal business and buy it on the best terms possible.

Are you ready to start a conversation with Merchant Buyers Agency?
WHAT BUYERS NEED TO KNOW

A small-to-medium enterprise (SME) can be one of the greatest assets a person can own and provide the greatest return on investment.

Most successful businessowners can generally be known for working well outside of normal hours and/or may – in time, be able to work as much or as little as they want. People have different needs at different times in their lives and often look for different things so it is important to know why you want to get into business. It’s important to find the right business (independent or franchise) that suites your family, your lifestyle, your needs plus should also match your skills set, experience and your budget/income requirements. Is it for the right reasons and have you got what it takes?

Attitude, commitment and certain skill sets you possess can often have a huge impact on your level of success and will make or break your business ownership experience.

WHERE TO START?

There are perhaps two initial aspects that you should get some clarity on before starting the process to buy a business. What are your strengths? What can I afford to buy?

Example: A banker is not logically going to be good at running an engineering business or a retail trained person perhaps not so good at building pools or a mechanic good at running a restaurant. The point being it is often more logical and an easier path to buy a business that matches your skill sets and your experience.

KNOW YOUR SKILLSET

Not many people are capable of successfully managing and evolving all aspects required to run a business. Consider if each of the following is a strength or weakness of yours?

  • Financial management
  • Administration
  • Compliance
  • Marketing
  • Merchandising
  • Customer relations
  • Networking
  • Manufacturing/hands on
  • Human resources
GETTING TO THE POINT

It may not be wise to look at businesses that are against your strengths unless you have a support structure or systems that can help, otherwise you will potentially struggle or spend a lot of time and money in areas you don’t want to manage.

By contrast if you buy a business that aligns with your skill sets and more importantly your interests it will make for a more harmonious and rewarding experience and may assist with growth of the business.

Buying a Business Blog Posts

We’ve created a range of articles to help you understand the process of buying a business. This includes information about the steps involved and how to decide which business is right for you.

Before embarking on the journey of buying a business, you will need to identify the type of business and/or opportunity you are looking for. Things for consideration include industry, location, finances, operating hours, level of day to day involvement you wish to have, as well......

Searching effectively for a business is an important skill, because if you can’t find a business for sale, you can’t buy it. The first step in finding a business for sale which is right for you, is deciding the type of business opportunity you are......