BUYER FREQUENTLY ASKED QUESTIONS
Some benefits of buying a business include:
- Customers already exist
- The business is likely already making money
- Staff, supplies, and equipment are already in place
- It is easier to finance an existing business
- The previous owner may offer training
For more information about these points, visit our Why Buy page.
For quick questions call 1-855-421-0082 from 8:00am-4:00pm Mondays to Thursdays or send an email to info@ventureconnect.ca.
For in-depth questions or to start the buying process, consider a Free Consultation with one of our Business Advisors to receive personalized advice.
Our team is available to help you through the entire buying process, from deciding if buying is right for you all the way to getting the keys to your new business.
- See all of our Buyer Services here
We encourage everyone to browse our website to get more informed, and then to start with a Free Consultation to help explore your buying options and areas where you'd like assistance.
After your purchase, you'll gain access to ongoing support and expert guidance through our partner, Community Futures. This non-profit business development organization empowers entrepreneurs with a range of services, including business loans, export advising, consulting, and tailored support for Indigenous entrepreneurs and those facing barriers to self-employment.
Financing is a common option for purchasing a business, with solutions available to suit a variety of buyers. Options include banks, credit unions, private lenders, and Community Futures offices, and in some cases, sellers may offer partial financing. While Venture Connect does not provide financing, we can assist in compiling and organizing the necessary information for your loan application.
View businesses for sale in Western Canada right on our website, free of charge.
We offer Business Valuations which include a detailed review of the business, its assets, location and more more to provide an assessment of the business' asking price.
We offer Sale Mediation where one of our Business Advisors will help you from a Letter of Intent to negotiating terms. Purchase negotiations that include mediation result in a successful sale 88% of the time while negotiations without mediation are successful 25% of the time.
