Buying a Business

If you're exploring the idea of taking over an existing business, here’s how to navigate your options with confidence.

Buying a business is a different kind of start‑up journey. One where you build on foundations that are already there. Whether you're looking at a café, a shop, a service-based business or something more niche, this page will help you understand what to look for, what to ask, and how Business Wales can support your decision‑making.

5 things to think about when buying a business

1. What’s attracting you to this business?
   It could be the sector, the customer base, the potential, or simply the opportunity to run something that’s already operating.
2. What exactly would you be taking on?
   Think about stock, assets, staff, premises, contracts, and any existing commitments.
3. How is the business performing today?
   Look at sales patterns, costs, cashflow and any risks that need attention.
4. Where could you add value?
   Fresh ideas, better marketing, improved systems, small changes can have big impact.
5. How might you fund the purchase?
   There are different finance options to explore, and we can help you understand them.

How Business Wales can help

Buying a business comes with big questions, but you don’t have to work through them alone. We can help you:

• sense check opportunities in a 1:1 adviser conversation
• understand what due diligence involves, and what to look out for
• explore funding and finance routes
• plan how you’d run or grow the business once you take over
• access workshops on tax, marketing and financial planning

Our aim is to help you make clear, confident decisions.

Your next step

• Get started 
  Submit an enquiry to let us know what support you’re looking for.
• Register
  Provide a few details about you and the business you are looking to buy to help us tailor guidance and resources for you.
• Explore available resources and guidance
  Once you’re registered, you’ll have access to your digital account on BOSS. You can log in at anytime to explore tools, book online workshops, and access expert guidance at your own pace.
• Tailor your support
  Use our 24/7 Business Online Support Service (BOSS) account to book online workshops such as “Are you thinking of starting and running your own business?” and arrange a follow-up appointment with one of our experienced Business Advisors.

We’re here to help you build your business, your way.