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Buy an existing business in the UK

Support provided by Business Gateway

What does this involve?

Not everyone wants to build a business from scratch and buying an existing business can be a great alternative. But it’s crucial to find the right business for you, as this Business Gateway guide explains.

The in-depth guide to buying an existing business in the UK discusses the pros and cons of doing so, followed by the various steps involved. It offers ideas on how to decide which business to buy and how to value a business. And it sets out what’s involved in the due diligence phase and in the actual buying process.

You’ll also need to consider how to look after any existing employees of the business you plan to buy. The free guide includes some useful pointers on this aspect.

Am I eligible?

Yes, if you are thinking about starting, or already run, a business in Scotland.

What does this cost?

This is a free and impartial service.

Who is this for?

Any business based in Scotland – particularly potential start-ups that are considering their options.

How long does this take?

Take 9 minutes to read the in-depth guide to buying an existing business.

Important information

If you decide to proceed with a purchase, you’ll need to invest time and money in due diligence. You should agree a price and the terms of sale before you begin this process.

Next steps

Visit the Business Gateway website for more advice on buying an existing business.

Support provided by Business Gateway