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...
Buying & Selling Businesses
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...
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...
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...
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...
What to think about when selling a company
Selling a business can be challenging for both novice and experienced business owners. However, there are steps that those in North Carolina and throughout the country can take to maximize a company's sale price. It's generally a good idea for a business owner to work...
Businesses don’t always grow after an acquisition
It isn't uncommon for those who are looking to buy a business to believe that they can grow it rather quickly. However, this is a trap that buyers in North Carolina or elsewhere would be smart to avoid. This is especially true if a buyer doesn't have experience in the...
Mistakes to avoid when selling a company
Market conditions may be ideal for business owners in North Carolina to sell their companies for maximum profit. However, there are key mistakes that they need to avoid when trying to do so. For example, it is a good idea to avoid trying to be a superhero when it...
The key steps to follow when selling a business
Financial issues or a lack of interest in being a business owner may be valid reasons to sell a company. However, it is important for North Carolina owners to create an exit strategy long before they want to leave their companies. The first step in selling a business...
Finding opportunities by buying existing businesses
North Carolina entrepreneurs might dream of coming up with the next great profitable idea, but success more often lies in acquiring an existing business and taking it to new heights. The purchase of an existing business allows someone to tap into an operation that has...