Buying a business
If you are thinking about buying an established business, there are steps you should take before making an offer.
- Check if you’re business ready
- Find the right business
- Do your research
- Value the business
- Conduct due diligence
- 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.