Andrew Rogerson

CBI, CBB, CMEA, CSBA

Free

Selling a business or buying a business Expert

Andrew Rogerson

Andrew Rogerson Quick Facts

Main Areas
Selling a business, buying a franchise and business valuations.
Best Sellers
Successfully Sell Your Business, Successfully Buy Your Business and Successfully Buy Your Franchise
Career Focus
Sacramento Business consultant, business owner, author and speaker
Affiliation
Intenational Business Brokers Association, Califo ia Association of Business Brokers, National Equipment & Business Brokers Institute, Society of Business Analysts, Sacramento Metro Chamber of Commerce.

Andrew Rogerson is a 5-time business owner that loves helping entrepreneurs exit or enter business ownership. His services include business brokerage - helping owners sell and/or buyers purchase a business. He also provides consulting on purchasing a franchise, certified machinery and equipment appraisals and business valuations.

Andrew currently holds the Certified Business Intermediary (CBI) designation from the Inte ational Business Brokers Association (IBBA), the highest designation awarded by the IBBA. Andrew has also earned the Certified Business Broker (CBB) designation from the Califo ia Association of Business Brokers. He holds a Certified Machinery and Equipment designation (CMEA) is a Certified Senior Business Analyst (CSBA.)

Andrew also holds a Brokers License with the Califo ia Department of Real Estate, is a member of the Sacramento Metro Chamber of Commerce and the Chair of the Sacramento Chapter of the Califo ia Association of Business Brokers. Andrew enjoys public speaking to talk about business ownership including buying and selling a business and buying the rights to a franchise.

Andrew is the author of four books on business ownership available from http://www.businessadvicebooks.com To sign up for my FREE monthly newsletter visit http://www.rogersonbusinessservices.com/free-documents-to-sell-a-business-or-buy-a-business

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Articles by this expert

SelfGrowth articles and saved writing connected to this expert.

49 total
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Selling a business is not easy. Here’s a look at 5 guaranteed ways you will NOT be successful. 1. It is unclear exactly what is being sold. Make sure it is clear exactly what is being sold. For example, have a list of all the Fixtures, Furniture and Equipment. If any items are not being sold, make sure this is stated clearly and at the first meeting and why, or preferably remove the items completely from the business. If vehicles are included, make sure they are roadworthy and have smog clearances. 2.

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We’re all familiar with the story about Dr. Jekyll and Mr. Hyde; the person with two completely different personalities. Just as there are different types of buyers with different motivations, there are also buyers with different types of personalities. If you’re planning on buying a business or if you own a business that you want to sell, here are some Dr. Jekyll “traits” that would discourage a seller revealing too much information about their business. 1. Job Seeker Try to establish this one early on as they are a complete time waster.

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A business plan is a critical document for any business. PERIOD SCORE – the Senior Corps Of Retired Executives lists the lack of a business plan as one of the top three reasons a business fails. Any creditable book on owning or running a business ownership states its importance. If you put a ...

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This is the second of three articles that discusses what NOT to say or do if you own a business and are trying to sell. The first article was called “5 guaranteed ways NOT to sell your business.” The third article is called “5 things to avoid when trying to sell your business.” All articles can be read on my blog or simply searching the web. 1. Talking when you shouldn't. This may sound obvious but when you sell a business it’s more important to listen and ask questions than continually talk to try and “sell” the business.

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Are you trying to sell your business, and quickly? Check out these tips as they may help you achieve your goal. 1. Have a reasonable listing price. 2. Be prepared to negotiate. 3. Have a folder of information readily available for a qualified buyer. 4. Run the business as usual. 5. Make sure the business presents well; give it a "spit and polish." 6. Get a current snapshot of the business financials and keep them up-to-date. 7. Put together a current list of Fixtures, Furniture, and Equipment (FF&E). 8. Consider counting all inventories so the value is known.

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The need to use seller finance when trying to sell your privately held company has come back into vogue due to the lack of third party finance being readily available. Some techniques less known and used, however, are available but require a clear understanding between the seller and buyer and may then need good legal agreements to clarify, protect and define the responsibilities of each of the parties. Here are five options both a seller and buyer may want to consider.

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The life blood of what we do as human beings and the glue that keeps us all together as a society be at a local, regional, national or indeed inte ational level is the ability to communicate with one another. Many times that communication breaks down and many times this leads to unintended consequences. All entrepreneurs are familiar with a Business Plan and a Sales and Marketing Plan but not everyone has heard of a Communication Plan. So what is a Communication Plan? A Communication Plan is an attempt to standard the message that goes out from the business to its customers.

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Small businesses are a critical part of the economic landscape. All the businesses on the Dow 30 started as small businesses, reached a critical mass that then led them to becoming a public company and grow to where they are today. Depending on whose statistics you use, small businesses make up 98% of all businesses in the US economy.

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In the initial stages of listing a business for sale, all the attention is placed on getting the business in shape so it presents as strongly as possible, sometimes doing a business valuation to arrive at the most appropriate listing price for the business and discussing the tax implications to the seller of the business. Tom West is the owner of Business Brokerage Press and he has a great saying that most sellers and buyers don’t understand until they get into the negotiations of the transaction and it is – You name the price and I’ll name the terms.

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One of the hardest aspects of being an entrepreneur is staying on top of some things you may not like to do because you either don't enjoy them or simply aren't good at them…or both. Doing math back in school just wasn't fun for me. I enjoyed almost every other subject except anything to do with numbers as there seemed too many rules and exceptions to remember.

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When working through the process of buying a business, the transaction will go through different stages. The first active stage is obviously when the buyer and seller come together for their first meeting. However, before that happens there are many other things that need to happen before that first meeting which, if it goes well, will lead to a series of follow up meetings.

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The need to use seller finance when trying to sell your privately held company has come back into vogue due to the lack of third party finance being readily available. Some techniques less known and used, however, are available but require a clear understanding between the seller and buyer and may then need good legal agreements to clarify, protect and define the responsibilities of each of the parties. Here are five options both a seller and buyer may want to consider.

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Favorite Quotes & Thoughts from Andrew Rogerson

  • Successfully owning and operating a business is not a destination, it's a jou ey.
  • Whether buying or selling a business remember the Golden Rule; always put your feet in the shoes of the other party.

Contacting Andrew Rogerson

For more information, visit Andrew’s website at http://www.RogersonBusinessServices.com or email him at Andrew@RogersonBusinessServices.com

Or follow me on Twitter at @Andrewrog

How to get started

Andrew Rogerson specializes in business transfer transactions. For business owners that wish to sell their business, Andrew partners with them to appraise their business, discuss tax issues, market the business to potential buyers and handle all parts of the transaction including third-party lending, due diligence and escrow. For entrepreneurs thinking of business ownership, Andrew partners with them to determine their best option – buy an existing business, buy the rights to a franchise or start their business from scratch. He is the author of four books on business ownership called Successfully Start Your Business, Successfully Buy Your Business, Successfully Buy Your Franchise and Successfully Sell Your Business. For more information including immediate download visit www.businesstransactionbooks.com

For more information about Andrew and the services he provides, please visit his website at http://www.rogersonbusinessservices.com or email him at andrew@rogersonbusinessservices.com

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