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Buying a Business


What do you need to know about buying a business?

We’ll guide you at every step.

There’s a business for sale that’s already operating and welcoming customers through the doors—and you can see yourself running it. What will it take for you to continue running a successful business and what do you need to know before making an offer?

Buying a business may seem like an easier path to entrepreneurship, but if you want to avoid surprises and realize the potential of the business, serious homework is required at the outset. We’re here to help you consider all facets of the business so you can make an informed buying decision and help ensure a smooth, successful transition.

Request a consultation with our Business Services Team >

Buying a Business in the North Okanagan

How We Help

To help you succeed in buying a business, we’ll guide you through considerations such as:

  • Reason for the sale
  • Financial history
  • Location, lease terms, etc.
  • Valuation and buying the entity vs. assets
  • Day-to-day operations when you take over
  • Suppliers
  • Business planning (yes, this is key even for established businesses)
  • Lending options to purchase the business

Resources

We’re a community-minded lender that sees your potential and the big picture.

If you need a small business loan, find out how we can help get you on your way.

Get Started >

Connecting Buyers & Sellers

Is your family considering relocating and buying a business in the North Okanagan?

BC Business Match helps you find the right business for you and move from urban centres to smaller BC communities where possibilities await.

Learn More >

Ready to get started in your journey as an entrepreneur?