Commercial truckers in North Carolina that are concerned about driving safety should know that recent tests indicate that side underride guards for trailers can reduce the risk of injury and death in the event of an accident. These tests were conducted in early 2017...
Month: May 2017
Important questions for potential business buyers
Buying a business is a major step for a North Carolina entrepreneur. That's why buyers should be fully informed before making such a purchase.For starters, buyers should ask the seller why they are selling their business. While this may seem inappropriate and abrupt,...
Due diligence advice when shopping for a business to buy
The acquisition of existing internet businesses gives North Carolina residents opportunities to run companies that are already generating revenue instead of starting up a new venture. Purchasing one, however, requires due diligence with the most important aspect being...
5 dead in 6-vehicle crash
A family of four were killed in North Carolina after their SUV became involved in an accident on May 16. The accident, which ultimately involved six vehicles, took place on Interstate 95 near the South Carolina border. The North Carolina Highway Patrol stated that a...
Motorcycle accident fatality rates may be increasing
People in North Carolina who operate motorcycles should know that motorcyclists made up 14 percent of all of the traffic deaths in 2015. They accounted for 17 percent of driver and passenger fatalities as well as 4 percent of both the number of all individuals injured...
Steps in selling a business
North Carolina business owners should plan ahead, possibly even years ahead, if they want to sell their companies. Furthermore, it may take up to a year to finalize a deal. They should ensure that everything related to intellectual property and financial records are...
Industry leaders discuss driverless tech
North Carolina truckers may be aware that multiple companies are competing to develop autonomous trucks. However, at a meeting with representatives of the Federal Motor Carrier Safety Administration, those associated with the trucking industry urged manned control of...
How to get maximum value for a business
North Carolina entrepreneurs who are looking to sell their business should know that there are a few ways to do so. In a financial sale, a buyer is looking to take advantage of the future cash flow that the company will generate. As there is some risk that the revenue...
Employer’s liability in murder case
North Carolina companies should know that they could be held responsible for the actions of an employee if they had prior knowledge of the employee's abusive behavior. In April 2017, the U.S. Court of Appeals for the 7th Circuit decided that a lawsuit against a home...
Creating a business that will attract buyers
North Carolina entrepreneurs might be interested in building a company that they can eventually sell. However, this is not something that is done easily or quickly. A business that will be attractive to buyers and make money for the owner who sells it must be...