Business owners in North Carolina and throughout the country who want to sell their companies in the future could benefit from planning for that sale today. When buyers evaluate a company that they want to purchase, they want to see that the company is led by...
Buying & Selling Businesses
Strategies to avoid mistakes with business transactions
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....
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...
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...
An exit strategy for an entrepreneur can prove difficult
For those North Carolina individuals who are inclined to own their own business or who find themselves embarking on that path through circumstance and opportunity, getting to the point of financial security and success can be a long and hard road. And in fact, many...
Important steps to take before selling a business
If a business owner is interested in selling their company in North Carolina, they should prepare and come up with a well-orchestrated plan. They want the highest return on their capital, energy and time. Many business owners have an idea of what their company is...
Tips for creating and exiting a startup
Entrepreneurs in North Carolina may choose to start their companies because they have an idea that they think could make a lot of money. At some point, a business owner may choose to sell his or her company to lock in profits earned over the course of many years....
How to buy a small business
Aspiring entrepreneurs in North Carolina and elsewhere may not have the money or creativity to start their own companies. However, it may be possible to buy an existing company that already has an established brand and track record of profitability. In some cases, it...
What to think about when investing in a business
Buying a franchise may be an effective way for an entrepreneur to maximize his or her chances of being a successful business owner. There are roughly 4,000 franchise opportunities available in North Carolina and throughout the country. Ideally, individuals will buy...