Small businesses in North Carolina and around the country provide jobs for about 120 million people, and many of these companies grew from very humble beginnings. Turning a business idea into a thriving commercial venture takes vision, determination and effort, and...
Month: November 2019
Truck crashes pose threat on the roads
Truck accidents can cause serious damage to people in North Carolina and throughout the country. These crashes can be especially harmful to individuals in passenger vehicles due to the size and weight of large trucks. An 18-wheel truck can weigh up to 80,000 pounds,...
Learn about capital assets and the sale of a business
North Carolina business owners may be interested in learning about how capital gains are handled when a business is sold. Taxes on capital gains will come into play when a capital asset is sold; when a business is sold, capital assets are usually part of the...
Helping autonomous vehicles navigate the road with motorcycles
It is likely that North Carolina residents may soon have the experience of sharing the road with autonomous vehicles. Right now, autonomous vehicle companies are testing their vehicles on the road. They need their autonomous driving systems to be able to safely...
What to know about selling a business
Business owners in North Carolina and throughout the country may have a financial incentive to sell their companies. While selling a company could be an emotional event, it can also help lock in profits earned throughout the years. It can also be ideal for those who...
Fatal truck crashes rise, but no solution is in sight
There were 4,102 large truck crash fatalities in 2017. This represents a 28% increase from 2009. Of those fatalities, 17% were truck occupants while 68% were occupants of passenger vehicles and 14% were pedestrians, cyclists and other road users. North Carolina...
Why employers may want to consider selling to employees
A business owner who is thinking about selling their company at some point might want to consider setting up an employee stock option program (ESOP). While many small businesses have ESOPs, it may work just as well for companies with more than 100 employees. This...
Woman killed at gender reveal party when device explodes
Residents of North Carolina may have heard about a gender reveal party in Iowa where some people accidentally created a pipe bomb, resulting in the death of a woman at the party. The incident is one of several accidents that have occurred at increasingly popular...
Lawsuit for Lil Peep’s death could change music industry
Fans of Lil Peep in North Carolina were likely saddened to learn of the star's overdose death in 2017. The young man, whose name was Gustav ?...hr, was a victim of the opioid epidemic who overdosed on a lethal combination of Xanax and fentanyl at the age of 21. His...
How to reduce risk when buying a company
Those who are looking to buy a company in North Carolina may be apprehensive about doing so. However, there are ways to make the process a little easier. For instance, it might be a good idea to work with a business broker to find companies that are worth buying. A...