North Carolina business owners who are thinking about selling their companies are urged not to do so on their own. This is because the process of selling a business is stressful, takes time and involves a lot of paperwork. At a minimum, anyone transferring ownership...
Month: June 2017
Tips for selling a business
An entrepreneur in North Carolina who sells their business can increase the amount of their net worth. However, they have to do it correctly and avoid the common mistakes that can result in selling the business for less than it's worth. For starters, a non-compete...
Lawsuit filed after daughter dies from brain-eating amoeba
On June 19, the family of an 18-year-old girl filed a lawsuit against a North Carolina outdoor recreational park after she contracted meningoencephalitis and died. This disease is caused by the Naegleria fowleri amoeba, an organism that eats brain tissue. The...
Business brokers bring buyers and sellers together
North Carolina business owners have a great deal of loyalty to their enterprises. Those who establish and operate businesses in the state devote much of their time to the endeavors, and when it comes time to sell, they want to get fair value for their efforts. Selling...
New regulations set national standards for truck driver training
Prospective truck drivers in North Carolina and around the country will receive training according to standards set by the Federal Motor Carrier Safety Administration. The new rules became effective on June 5, 2017 after a five-month delay imposed by the Trump...
Ways to finance the purchase of a business
Anyone looking to purchase a business in North Carolina will naturally have concerns about financing. On top of the upfront capital costs, there may be requirements for real estate leasing or purchase, capital improvements and costs to keep on employees and maintain...
How the insurance industry is taking big steps to reduce truck accidents
Insurance companies may play a critical role in the ongoing campaign to make America's roads safer - especially when it comes to deadly truck accidents. Trucks kill nearly 4,000 people each year, according to the Insurance Institute for Highway Safety. These crashes...
Annual commercial truck inspection focusing on tie-downs
North Carolina truck drivers likely know that the annual International Roadcheck inspection conducted by the Commercial Vehicle Safety Alliance is to run from June 6 to June 8. The inspections were taking place in all states as well as across Canada. Prior to the...
Market research can be crucial for small businesses
Most major companies spend large amounts on market research and testing prior to launching new products or services, but entrepreneurs in North Carolina and around the country often devote little time and few resources to these efforts before opening their commercial...