Buying a business: what you need to know

4 min read

In today’s fiercely competitive marketplace, securing a business can be daunting – which is why we provide a personalised service to ensure the buying process is as straightforward as possible.

Our highly skilled executives will carefully match you to suitable opportunities, based upon your funding capabilities and requirements, then oversee the entire transaction.


Why Buy a Business

Creating a business from nothing requires a heavy commitment in time and personal investment, with a risk that it could fail. Therefore, acquiring an established business can save a lot of stress and be a much safer option.

Key components are also likely to already be in place: employees, systems, clientele, income and reputation. Your new business comes with a tried-and-tested history, and people on hand to give advice.

This may also include a handover period from the previous owner to facilitate a smooth transition – which can be negotiated by a sales specialist such as Knightsbridge, which has successfully helped its clients in such matters since 1998.

Our experience navigating all the intricacies of company sales has created an extensive knowledge throughout our team – in all sectors. We are ideally positioned to spot acquisition opportunities before those newer in the field, presenting unique and exclusive openings.


FAQs

How do I Finance a Business Acquisition?

There are many ways to raise funds when actively buying a business. Common methods include capital coming from the acquiring business, through to earnouts based on the post-sale performance of existing shareholders.

Knightsbridge shares its extensive knowledge of financing acquisitions with its client, facilitating efficient and successful deals.

What Deposit is needed to buy a business?

This is a factor of deal negotiations. A sales specialist such as Knightsbridge will learn your requirements in this area, ensuring that a deal structure is secured that suits your funding capabilities, only presenting suitable opportunities to you in the first place.

How Long does the Buying Process take?

Prior to choosing your ideal acquisition, the process depends on when the ideal opportunity arises. Knightsbridge does not rush this process and will present only suitable opportunities to you that fit your tailored requirements and match your acquisition strategy.

Once you have chosen a business to buy, the time taken to own it oftens depends on the size of the company itself. A smooth sale can happen within six months, although it is best to expect a longer timeframe.

Do I need Legal Representation when buying a business?

Yes. This is also applicable if you know the seller personally, having agreed everything in principle prior. A solicitor will ensure that everything is prepared efficiently, in writing, and legal protocols are executed correctly.

At Knightsbridge, we provide in-house legal fees which are contingent – meaning you will only pay an agreed fee upon the completion of a successful sale.


Find your Ideal Opportunity

As the undisputed leader in mid-market UK business sales, Knightsbridge has a vast amount of businesses for sale at any one time – across a broad range of industry sectors, and many more which will soon come to market that our experts are aware of.

Our easy-to-use Search Tool allows you to search businesses for sale by type, price, location, keyword or reference number.

You can regularly browse our New to Market listings, as well as our Featured Businesses page which is updated on a weekly basis.


Speak to an Expert

Proper, timely, and out-of-the-box advice can open up even more acquisition opportunities for you: Get in touch today.

We will also advise on important elements of the buying process such as funding, legal partners and accountants, introducing experts from our panel of tried, tested and trusted associates.

Speak to an expert about your business sale needs