Buying a business

If you are thinking about buying an established business, there are steps you should take before making an offer.

  1. Check if you’re business ready
  2. Find the right business
  3. Do your research
  4. Value the business
  5. Conduct due diligence
  6. Make an offer

 

We have compiled a short list of key business support agencies, to help you through each step before deciding to buy a business.

Buying a franchise

Franchising is another option to consider if you want to buy an established business. Franchising allows a business to operate under the name and brand of an existing business, and to sell their products and services.

To gain a better understanding about franchising, the process to become a franchisor or to start a business as a franchisee visit, business.wa.gov.au - Franchising and smallbusiness.wa.gov.au/buying a franchise.

Visit the Australian Taxation Office website for information about franchising and your tax obligations.