North Carolina residents who are interested in buying a business may be unaware that they can use retirement funds to do so. The Rollover for Business Startups program allows a person to use money from a traditional retirement account, a 401(k) or an IRA to fund a...
Month: April 2017
Getting the highest sale price for a North Carolina business
Many people start businesses with the goal of eventually selling them so that they can retire early. To get the most benefit from a sale, owners should ensure that their company is as valuable as possible to interested parties. Some of the ways to increase the value...
The steps in buying a business
Some North Carolina entrepreneurs might decide that they would rather purchase a business than start one on their own. Their first step should be to consider what kind of business they would like to have. They should take into account location, lifestyle, size and...
What to consider before selling a business in North Carolina
Many people start a business with an intent to eventually sell it for a profit. The goal in these cases is usually to collect enough money from the sale to retire. However, some people may also decide to sell a business because they no longer want to be in charge of...
Federal data shows alarming increase in fatal truck accidents
North Carolina truck drivers may be alarmed to learn that the year-over-year number of large trucks in fatal crashes around the country increased by 8 percent in 2015 according to figures released by the Federal Motor Carrier Safety Administration. The data reveals...
Keeping a business brand consistent
Purchasing a new business can be a significant investment. North Carolina residents who have purchased a business should understand the importance of maintaining its brand.A brand can enhance the value of the business, ensuring that an owner can make the most of his...
Selling a business in North Carolina
When North Carolina entrepreneurs launch a new venture, they may plan on selling it one day. This is something many people opt to do especially if they intend to use the money from the sale of the business to retire. Some experts recommend considering who potential...
13 killed in accident involving church bus
On March 29, a two-vehicle accident involving a church bus in southwest Texas resulted in the deaths of 13 people. Authorities stated that two different police departments received reports of a pickup truck that was being driven erratically just prior to the crash....