More businesses created by baby boomers in North Carolina might be for sale in the years ahead. Younger generations who are interested in buying companies may be able to take advantage of these opportunities. However, the volume of businesses on the market does not...
Month: July 2017
Vitality measures to consider when buying or selling businesses
In many cases, North Carolina entrepreneurs make the decision to purchase a business without looking at all the necessary data. New buyers and sellers may want to follow the path of professional investors, which involves focusing on what are known as key performance...
Working with employees when selling a business
People in North Carolina who are considering selling a business may be concerned about when and how to inform employees. While the business owner might want to make sure that employees are taken care of, it is important to not mention the potential sale if it is not...
Unannounced brake safety blitz sidelines trucks
Road users in North Carolina and around the country may be alarmed to learn that nearly 2,000 large commercial trucks were ordered out of service after the Commercial Vehicle Safety Alliance conducted an unannounced safety crackdown on May 3. The nonprofit...
Truck and bus accidents on the rise
Large trucks and buses have been involved in a number of serious crashes in North Carolina and across the United States. Data shows that the number of fatal crashes could be escalating, even if it remains below its 21st-century high point. In 2015, there were 4,311...
Maintaining company culture after an acquisition
North Carolina entrepreneurs understand that they set the tone for a company culture and establish its mission. When a large company acquires a smaller startup, the small company might expect to lose its identity, but steps can be taken to ensure that the company...
Benefits to owners who purchase a business
Even experienced entrepreneurs in Fayetteville are often faced with overwhelming obstacles when starting a new business, so it may make sense for them to consider other options. These include franchise opportunities or the purchase of a business that already has an...
Proposed tax changes could increase profits for small businesses
Small business operators in North Carolina should keep a close eye on the tax reform that might emerge at the federal level. Tax code changes proposed by President Trump could provide some relief and allow businesspeople to keep more of their profits.Cuts of 15 to 35...