Business Purchasing Archives - WeBC https://staging.we-bc.ca/resource_tags/business-purchasing/ Supporting Women Entrepreneurs in BC Tue, 14 Jan 2025 20:59:50 +0000 en-CA hourly 1 Up for Sale: How to Buy a Small Business in BC https://staging.we-bc.ca/online_resources/up-for-sale-how-to-buy-a-small-business-in-bc-recording/ Tue, 27 Sep 2022 22:10:39 +0000 https://we-bc.ca/?post_type=online_resources&p=58468 Starting a new business isn’t the only path to entrepreneurship. Purchasing an existing small business can be a great option to become a business owner. It can also be a […]

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]]> Starting a new business isn’t the only path to entrepreneurship. Purchasing an existing small business can be a great option to become a business owner. It can also be a prominent option to grow your business. You’d get a proven track record, an established customer base and/or team, immediate cash flow, an easier path to financing – and you’d avoid some of the risks typically associated with start-ups. Of course, there’s still plenty of room for mistakes. And where would you even start?

Watch this recording to hear from and a panel of entrepreneurs who have experienced the business buying-selling process to learn about business purchasing from different perspectives.

In this session, we covered:

  • Pros and cons of purchasing an existing small business
  • The buying-selling process (from offer to closing)
  • An introduction to business valuation
  • Where to find the right business to buy
  • How to avoid some of the common mistakes made when buying a small business

Facilitator: Melanie Rupp, Senior Director of Loans & Advisory Services at WeBC

Panelists:

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