North Carolina entrepreneurs who are trying to sell their business should understand that many factors determine how quickly that goal may be accomplished. In some cases, the price that the business owner wants may be more than what a professional valuation reveals...
Month: January 2017
Tips for selling an IT service business
Many business owners in North Carolina, particularly those who operate an information technology service, might be thinking of selling the business. There are some signs that could help them know if the time is right to sell. First, the two main factors most...
What to do after buying a business
North Carolina entrepreneurs know that buying a company is just the first step in actually running it. After the company is acquired, they may want to make changes to how it is run, who will handle daily operations and what products or services that it offers....
Business debt collections approaches
In North Carolina, businesses sometimes have trouble collecting on debts that are owed to them. If your business has had difficulty collecting payments that are past due, there are legal avenues to take. Both state and federal laws apply to how you can go about...
Basics of buying a franchise in North Carolina
When people are considering opening their own businesses, they may consider purchasing a franchise. As a franchisee, a person can take advantage of an established business or brand name as well as associated products. Much of the work related to developing...
Choosing a business transaction attorney in Fayetteville
Entrepreneurs in North Carolina are generally quick to spot favorable situations in overlooked market segments or emerging areas of the economy, but they sometimes lack the regulatory and legal knowledge needed to take advantage of these opportunities before they are...
NHTSA proposes driver mode feature for cell phones
The National Highway Traffic Safety Administration recently released proposed vehicle manufacturing guidelines that could affect drivers in North Carolina. While they are not binding, the guidelines propose in-vehicle systems that would pair with smartphones in order...
Reasons to sell just one portion of a business
North Carolina business owners might make the decision to sell a portion of their company rather than the whole thing. Selling a piece of a business is referred to as a divestiture, and it may involve the sale of one or more business units. Some businesses may also...