North Carolina residents may have heard that the driver of a truck hauling a trailer of cars that crashed into a group of motorcyclists in New Hampshire has been arrested in a case that may result in both criminal and civil proceedings. Seven people were killed and several others injured in the June 21, 2019 crash. The truck driver was arrested on June 24 and charged with seven counts of negligent homicide.
North Carolina residents who are considering purchasing or selling a small business should realize that all of the factors that make the business one-of-a-kind should be accounted for in the transfer of any ownership interest. In order to transfer ownership, an asset purchase agreement has to be completed. If the purchaser is currently a co-owner in the business who is buying out the other co-owners, a buy-sell agreement has to be completed.
North Carolina business owners and throughout the country who plan on selling their companies in the future can take steps now to make their organizations more attractive. For instance, it can be a good idea to keep records that accurately reflect the company's health and performance. Since buyers will analyze years worth of data, it is important to start organizing that information as soon as possible.
North Carolina readers know that riding motorcycles can be hazardous. However, by wearing protective clothing, buying slip-resistant tires and paying attention to the road, riders can avoid the most common types of motorcycle crashes.
For the most part, drivers of commercial trucks in North Carolina strive to do their jobs safely. Working long hours on the road involves many risks. When a fleet management systems provider asked truckers to describe their top safety problems, getting cut off in traffic by passenger vehicles was their top concern.
Business owners in North Carolina and throughout the country can make a lot of money selling their companies. However, it is important to find the right buyer, and a business broker may be able to help facilitate a transaction that a company founder will be comfortable with. Business brokers will charge anywhere from 10 to 15% of the final purchase price. Of course, a broker will also make sure that only serious buyers inquire about purchasing the organization.
Most North Carolina motorists go about their daily driving tasks with little concern or trepidation yet are, on some level, aware of the risks of accidents. Although road safety is regularly promoted through public awareness campaigns, the number of accidents nationally continues to climb and is, by most estimates, in excess of 6 million incidents every year. Thankfully, most accidents are relatively minor, involving no personal injury and clear liability, but truck accidents present a different set of challenges than a more typical scenario involving two passenger cars.