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December 2016 Archives

Remedies for a breach of contract

When two parties sign a contract together in North Carolina, they are both bound by the terms of the contract. A party that does not comply with the responsibilities that are set forth are in breach of the contract. A contract breach could lead to a lawsuit, and there are certain types of remedies that might be available to the aggrieved party.

What it takes to start a business

Investing in a business opportunity can be an exciting adventure. North Carolina residents who have always wanted to start their own business should have an entrepreneurial spirit. This character trait does not define if a person is good or not; however, it can have a huge impact on the success of the business. For example, those who possess one are not afraid of high risks and have the ability to lead and manage well.

New 28-hour shift poses threat to young doctors and patients

New residents in North Carolina might work 28 hours instead of the 16-hour shift that was approved in 2011. This new change raises concerns due to the proof of threatening situations that have occurred when new residents were not alert while working. Evidence has also shown the dangers that await when tired residents get behind the wheel.

Rules to control truck driver fatigue blocked

In the first week of December, Republican legislators blocked safety rules intended to help keep sleepy truck drivers off of highways in North Carolina and across the U.S. Reports indicate that the American Trucking Associations is now planning to prevent the passage of state laws that would require truckers to take more breaks than federal regulations. The group wants a uniform nationwide rule for interstate work hours.

The benefits of owning a franchise

Many North Carolina residents shop at franchises every day without even realizing it. Because the franchise model can be so successful, businesses often use it as a way to expand rapidly while taking advantage of the franchisee's "pride of ownership." According to the U.S. Department of Commerce, one-third of all retail sales revenue in the United States comes from franchise businesses.

Truck driver with no CDL involved in fatal accident

Many of the commercial truck accidents that take place in North Carolina are the result of driver intoxication or distraction. Some may also be caused by truckers that have not taken adequate rest breaks. In early November, a truck driver who may have been intoxicated, distracted and in need of a rest break caused a fatal accident in Boise, Idaho.

Why commercial vehicles are involved in crashes

Commercial trucks tend to be larger and harder to maneuver on the road. Therefore, passenger car motorists on North Carolina highways need to be careful when driving in close proximity to them. Even a small mistake such as not signaling when attempting to change lanes could result in an accident. Drivers of passenger vehicles should not drive behind or right beside a commercial truck.

Best ways to know how much a business is worth

For North Carolina residents looking to sell their companies, there are many ways to put a proper valuation on them. While it is still part art and part science to value a business, the internet has helped take some of the guesswork out of doing so. The first way a business owner may value a company is to use the market-based approach.

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December 2016 Archives | Blog