AI Tools · Buyer Readiness Assessment

Are you ready to buy a business?

This assessment measures how prepared you are to successfully acquire and own a business. It doesn't judge your intelligence or experience — it identifies your strengths, your gaps, and what to address before making one of the biggest financial decisions of your life. Answer honestly (about 8–10 minutes); there are no right or wrong answers.

Why do you want to buy?

Clarity of Goals

The motivation and clarity behind one of the biggest decisions of your life.

What is your primary reason for buying a business?

How clear are you about the type of business you want?

Still exploringVery clear

How important is it that the business fits the lifestyle you want?

Not importantEssential

How soon are you hoping to buy?

Financial readiness

Financial Capacity

How well you understand — and have prepared — the money side of buying a business.

Do you know how much you can afford to spend?

Have you spoken to a finance broker or lender?

Working capital

EBITDA

Enterprise value

Cash flow

Debt servicing

Acquisition knowledge

Acquisition Knowledge

How confident you feel about the mechanics of actually buying a business.

Business valuation

Due diligence

Negotiating an acquisition

Deal structures

Vendor finance

Earn-outs

Share sales

Asset sales

Transition planning

Experience

Business Experience

The commercial ground you've already covered. Tick everything you've done.

Have you ever…

Leadership

Leadership Readiness

How confident you are in the leadership demands of ownership.

Hiring

Leading

Delegating

Managing conflict

Setting strategy

Building culture

Holding people accountable

Risk

Risk Readiness

How comfortable you are with the realities of ownership.

Borrowing money

Making decisions with incomplete information

Economic uncertainty

Owning a business during difficult trading conditions

Being personally accountable

Support team

Support Team

The advisers and support around you. Tick everyone you already have.

Do you already have…

Time

Time Commitment

Realistically, the time you can give this over the next six months.

How much time can you dedicate over the next six months?

Decision making

Decision Confidence

How you tend to approach major decisions. Tick everything that sounds like you.

When making major decisions, I tend to…

Reflection

Clarity of Goals

In your own words — the honest thoughts behind the assessment.

The biggest thing that worries me about buying a business is…

The biggest thing I'm excited about is…

The one thing I still need to learn is…