Taking over an existing business

There are many advantages to taking over a company, but the operation brings its own set of questions, such as how do you assess the company's value? What are the legal implications? When will my business be profitable? etc. Get advice from a business transfer expert at a lower cost thanks to Business Vouchers. 

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  • Why take over an existing business?

    Acquiring an existing business has several advantages over setting up a new one. 

    Less risk

    The company's history allows you to better assess its performance and viability. Furthermore, when you take over a company, you inherit an existing customer base, which reduces the uncertainties associated with winning new customers.

    Faster growth

    An existing company already has infrastructures, teams, operating procedures and a management system in place. Unlike a start-up, it generates immediate revenues, providing cash flow from the outset. This means you can concentrate directly on developing the business.

    Existing resources and skills

    You benefit from the skills and experience of an existing team, as well as from established relationships with suppliers and partners.

    Easier financing

    Banks and investors are often more inclined to finance an existing company with a proven track record.

    In short, taking over an existing business offers a solid foundation on which to build, optimise and expand, while minimising some of the risks associated with starting a business from scratch.

    How does Wallonia help transfer projects? 

    Wallonia has set up a range of measures to help business transfer projects. To ensure the success of your project, you can receive low-cost support from a business transfer and disposal expert using Business Vouchers.

    In addition to this measure, Wallonia offers other support structures for aspiring and young entrepreneurs wanting to embark on a business transfer project. Please ask about the various options available to help you with your project.

  • The ''Transfer" voucher 

    Let a consultant guide you through every stage of a business acquisition, from valuation and financing plan to market research, accounting and tax analysis, and drafting of conventions. Take advantage of our comprehensive expertise to bring your project to fruition with complete confidence.

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