Buying or selling a business
Step: Transferring
13 May 2016
Getting ready to buy or sell a business
Buying or selling a business calls for good preparation by both the vendor and the purchaser. The seller must ensure that the business is well positioned, show the value added by its goods and services, prove its market potential and highlight its team’s expertise. The buyer must also be ready and properly equipped to keep the business thriving.
Various economic development players offer a number of tools to assist both buyers and sellers.
Coaching
- Centre de transfert d’entreprise du Québec: CTEQ
- Specialized mentoring for business transfers: Réseau M de la Fondation de l’entrepreneurship (in French)
- The Transferring your business section of PME MTL
Analysis tools for vendors
Studies
Website devoted to business buyers
Special sections in newspapers and magazines
First-hand accounts
- The story of how Republik was transferred (video from RDV Relève inc.) (in French)
- The story of how Groupe RPL was transferred (video from RDV Relève inc.) (in French)