SmallBusiness.wa.gov.au
The Small Business Specialists
Phone: 131 BIZ
Website: www.smallbusiness.wa.gov.au
There are many avenues you can explore to find the right business to buy. Once you've found a business you also need to think about how it will fit with your lifestyle and your family .
If you are looking to buy a business in Western Australia, consider checking out:
Newspapers publish a broad range of advertisements for businesses. However, be on guard for those offering deals that appear to be ‘too good to be true', because they generally are!
Scammers often target the newspapers – so make sure you do your due diligence. The West Australian carries business adverts in the Wednesday and Saturday editions. The Sunday Times, WA Business News and Tuesday edition of the Australian Financial Review also publish advertisements for businesses.
Accountants are another great source to consider. Often they have lists of clients who are looking at selling.
Business brokers and some real estate agents are other excellent resources when searching for a business to buy. Talk to the Business Brokers Association about what to look for in a business broker and how to find one. You can also find a business broker or real estate agent that handles business sales by searching the yellow pages.
Businesses for sale are often advertised in trade journals and industry magazines. There are also many websites which specialise in selling business.
The right business varies from person to person but an important consideration is whether that type of business is suitable for you and your lifestyle. Other questions you could ask yourself: