For many North Carolina residents, there is a sense of self-satisfaction and achievement that can be achieved by purchasing a business. However, despite the pride in entrepreneurship, there are common mistakes people make when purchasing an existing business....
Month: January 2020
Roadcheck inspections set to increase
Every year in North Carolina and around the country, the Commercial Vehicle Safety Alliance conducts an International Road check inspection. Typically occurring over a 72-hour period, law enforcement will increase checks with a greater focus on certain driver...
Three rules to consider when looking for big brand customers
Adding a big brand or corporate customer to a business owner's list of clients definitely has its benefits. Big companies spend on products and services even when the market faces uncertainty, and this can keep a smaller business afloat or even help them thrive while...
Wrongful death suit filed in wake of fatal dive boat fire
North Carolina residents may remember hearing about the fire that erupted on a dive boat off the coast of Santa Barbara, California, in September 2019. It claimed 34 lives and has given rise to three lawsuits. In the third lawsuit, the boat's owners and the captain...
FMCSA plans new large-truck crash causation study
The last time the Federal Motor Carrier Safety Administration conducted a formal large-truck crash causation study was in the early 2000s. The report of that study was sent to Congress in 2006. Now, the FMCSA has plans to conduct another study. In a formal proposal...
What to include in a business sale contract
After a business owner in North Carolina agrees to sell his or her company to another person or entity, the terms of the deal will be put into writing. The contract will need to include the name of the person who is selling the business and the name of the person...
How to time the sale of a business
Ideally, business owners in North Carolina and throughout the country will get maximum value for their companies. However, to get top dollar for their organizations, owners will need to time the sale properly. Depending on how long a person has owned a company, it may...
How to limit liability after a commercial truck crash
An expanding economy has created an increased need for commercial truck drivers in North Carolina and throughout the country. These drivers are often required to spend long hours on the road to meet their employer's needs. According to data from the Federal Motor...
Avoiding motorcycle accident risks
As more and more people in North Carolina and across the U.S. choose motorcycles as their primary means of transportation, the number of motorcycle crashes will go up. There are a number of dangers that riders must be aware of, especially those involving weather, road...