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August 2016 Archives

Traffic fatalities increase in 2015

Drivers in North Carolina and throughout the country may have been on the road more in 2015 than in previous years, and experts say this might account for the increase in traffic-related fatalities. According to the National Highway Traffic Safety Administration, deaths related to motor vehicle accidents jumped more than 7 percent in 2015 compared to the previous year with a total of 35,092 fatalities. It has been 50 years since such a large rise happened in just one year.

Family of gun instructor killed by student sues gun range

North Carolina residents might have heard about the fatal accident that occurred at an Arizona shooting range a couple years ago. In August 2014, a 9-year-old girl accidentally shot a gun instructor who was teaching her how to use a mini Uzi 9mm. Now, the family of the 39-year-old deceased gun instructor is saying that the girl should have never been allowed to operate the gun in the first place.

Why earn-outs don't work out for sellers

In an effort to get the highest price while selling their business, North Carolina owners may be tempted to accept an earn-out. An earn-out is a deal where a business is acquired for a cash amount plus more money if the newly-acquired company reaches financial goals in a certain period of time.

Buying an existing business

North Carolina residents who wish to go into business for themselves can either start a new company or buy a going concern. Purchasing an already thriving business allows entrepreneurs to avoid many of the challenges of helping a fledgling commercial venture through its nascent stages, but finding a suitable company for sale is often difficult. North Carolina is one of several states that have laws in place requiring the sellers of businesses to make certain important disclosures, and sellers must file documentation with the Consumer Protection Division of the state's Department of Justice before such transactions can proceed.

Estimated 5,000 drowsy driving fatalities in 2015

North Carolina motorists may be surprised to learn that an estimated 5,000 people died in 2015 around the country as a result of drowsy driving. People who drive while sleep-deprived are more likely to cause accidents as their reaction times are slower and they may not be paying attention to what is going on in front of them or next to them.

The value of planning is in the process

As markets and customer behaviors are changing all the time, some business owners argue that creating a five-year plan is old fashioned and unnecessary. However, others say that the experience of writing a plan and attempting to make future projections is educational and helpful. A recent study published in the International Small Business Journal found that business owners who spend time planning are more likely to succeed.

Good content marketing for North Carolina businesses

Most small business owners have heard that having an online presence is important. Some, however, simply do not understand how to make use of it in a way that will drive customers to them and increase their profits. Understanding content marketing strategies and implementing them correctly can help businesses to be more successful and to grow.

Pursuing damages for injuries suffered on a business property

It is the general responsibility of business owners in North Carolina and across the country to protect their patrons and employees from dangerous conditions that could lead to accidents. Parties who are injured as a result of such accidents may want to know more about premises liability law, which is designed to protect unsuspecting individuals from known hazards.

Truck driver faces charges for fatal accident

A man appeared in a North Carolina courtroom on July 25 to face charges related to a fatal truck accident. The 43-year-old man is accused of causing a truck accident on June 13 that killed a 33-year-old woman and a 13-year-old girl. The accident also seriously injured four other people.

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August 2016 Archives | Blog