Buying A Small Business in Central Alberta
Looking at buying a small business?
Buying a business can be a smart investment, but it’s very different than starting a business from the ground up.
In order to buy a small business, you’ll likely need capital to pay for:
- Acquiring fixed assets such as shares, real estate, or equipment
- Intellectual property or copyrights
- Marketing & communications
- Training & certifications
Our team of Business Advisors is here to walk you through business planning for all scenarios (good or worse) to ensure you have the resources and financing you need to succeed when you decide to purchase a business.
Check out our checklist for buying an existing business
I’m ready to buy a business, what’s next?
At Community Futures Central Alberta, we know that having the right plan in place is essential for the success of a newly purchased business. Stop by Community Futures Central Alberta in Red Deer and let us help you with:
Reviewing your cash flow management
Setting up your business expansion strategy
Creating a marketing plan
One-on-one coaching and business mentoring
Securing financing to purchase a business
Ensuring your entrepreneurial success
Buying A Business FAQs
The costs of buying a business vary by industry and type. It is important to research the average costs in Alberta and talk to one of our Business Advisors about some of the factors and calculations that are common in a business valuation process.
We’re Here to Help You Buy Your Business!
At Community Futures Central Alberta, we understand buying a business in rural Alberta like no other. We come from the same community you live in. We know what it’s like and we’re determined to set you up for success.