The preparation of homogeneous catalysts is discussed. Particular emphasis is given to the preparation of platinum group metal catalysts. The issues of whether to use a catalyst or catalyst precursor, that is a preformed or
in situ
catalyst, the catalyst oxidation state, ligand attachment, and ligand synthesis are discussed. In addition, patent issues and environmental issues are raised. The incorporation of cocatalysts and additives is discussed, and stability and handling issues are considered. Sometimes homogeneous catalysts are in fact used as precursors to nanoparticles or colloids. Some examples of homogeneous catalyst preparation are given; there are Ziegler catalysts for alkene hydrogenation, base metal catalysts such as bis(1,5‐cyclooctadiene) nickel(0) for the oligomerization of acetylene and the dimerization of dienes, (
R
,
R
)‐(–)‐(1,2‐cyclohexanediamino‐
N
,
N
′‐bis(3,5‐di‐t‐butylsalicylidene))manganese(III) chloride, Jacobsen's epoxidation catalyst, (2,6‐diisopropylphenylimido)(neophylidene)bis(hexafluoro‐tert‐butoxide)molybdenum(VI), and Schrock's alkene metathesis catalyst. Preparations of platinum group metal catalysts such as tris(triphenylphosphine)chlororhodium(I) (Wilkinson's catalyst) for hydrogenations, palladium tetrakis(triphenylphosphine) for carbon–carbon coupling reactions and iridium(cyclooctadiene)chloride dimer, a precursor for hydrogenations and hydrosilylations are also given.