When two parties sign a contract together in North Carolina, they are both bound by the terms of the contract. A party that does not comply with the responsibilities that are set forth are in breach of the contract. A contract breach could lead to a lawsuit, and there...
Month: December 2016
Tips for selling a business
As a rule, building a successful business takes hard work and careful planning. When it comes time to sell the business, the same efforts could prove rewarding. Before selling a business, however, a North Carolina entrepreneur should keep a few factors in mind. For...
What it takes to start a business
Investing in a business opportunity can be an exciting adventure. North Carolina residents who have always wanted to start their own business should have an entrepreneurial spirit. This character trait does not define if a person is good or not; however, it can have a...
New 28-hour shift poses threat to young doctors and patients
New residents in North Carolina might work 28 hours instead of the 16-hour shift that was approved in 2011. This new change raises concerns due to the proof of threatening situations that have occurred when new residents were not alert while working. Evidence has also...
Rules to control truck driver fatigue blocked
In the first week of December, Republican legislators blocked safety rules intended to help keep sleepy truck drivers off of highways in North Carolina and across the U.S. Reports indicate that the American Trucking Associations is now planning to prevent the passage...
The benefits of owning a franchise
Many North Carolina residents shop at franchises every day without even realizing it. Because the franchise model can be so successful, businesses often use it as a way to expand rapidly while taking advantage of the franchisee's "pride of ownership." According to the...
Why commercial vehicles are involved in crashes
Commercial trucks tend to be larger and harder to maneuver on the road. Therefore, passenger car motorists on North Carolina highways need to be careful when driving in close proximity to them. Even a small mistake such as not signaling when attempting to change lanes...
Truck driver with no CDL involved in fatal accident
Many of the commercial truck accidents that take place in North Carolina are the result of driver intoxication or distraction. Some may also be caused by truckers that have not taken adequate rest breaks. In early November, a truck driver who may have been...
Best ways to know how much a business is worth
For North Carolina residents looking to sell their companies, there are many ways to put a proper valuation on them. While it is still part art and part science to value a business, the internet has helped take some of the guesswork out of doing so. The first way a...