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August 2017 Archives

How to sell a family business

Some North Carolina baby boomers who own a business might be thinking of selling it and retiring. In many cases, these may be small businesses run on a small budget. As a result, the owners may have worked with advisers and accountants but not with attorneys or other professionals who specialize in mergers and acquisitions.

Multiple factors lead to truck crashes

Trucking accidents are increasing in North Carolina and across the United States. Because semi trucks are such powerful vehicles with massive strength, weight and large amounts of cargo, commercial truck accidents can lead to serious injuries for occupants of other vehicles.

Business owners should make an exit plan in advance

Entrepreneurs looking to open a new business in North Carolina may not be eager to think about a dissolution or plans to exit the venture. However, exiting a business doesn't need to be a sign of failure. It can be a testament to success through a profitable sale or well-deserved retirement after years of activity.

The art of investing in professional sports

As North Carolina continues to grow into a lucrative professional sports market, prospective investors are starting to inquire about opportunities in team ownership. A few years ago, former Microsoft CEO Steve Ballmer made headlines as he plunked down $2 billion to purchase the Los Angeles Clippers NBA franchise. Even though the sale was carried out under duress due to a scandal involving the former owner of the team, the exorbitant price tag prompted many analysts to question the value of the franchise.

Sleep apnea screening rule withdrawn

North Carolina highways may have gotten a bit more hazardous in light of a notice that was issued on Aug. 4 by the Federal Motor Carrier Safety Administration. The agency, which is part of the Department of Transportation, has stated that it was withdrawing a proposed rule that would have standardized screening procedures and protocols for truck drivers who were suspected of having sleep apnea.

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August 2017 Archives | Blog