Attorney Selection When Buying/Selling Your Local Business

As a business broker, I answer a lot of questions about how to sell a business. One of the FAQs that I share with all business owners planning to sell their company is about the total cost to sell a business. People don’t think about all the costs involved in selling a business.  The first question people always think is “How much can I get?” but the truth is It’s not how much you make, it’s how much you keep...

Top 5 Things To Do When Preparing Your Business for Sale & New Ownership

It’s a secret, but seasoned business owners know it: “True entrepreneurs don’t build jobs for themselves, they build jobs for other people.” This notion is echoed in Michael Gerber’s “E-Myth Revisited,” John Warrillow’s “Built to Sell,” and countless other business books advising entrepreneurs on success. As a professional full-time business broker, I'm a little biased, but the sale of the business is the ultimate transfer from business worker to a business owner, and from former business owner to business...

Unique 24-hr Questival Race Happening in Durham This Weekend [March 23-24]

Popular outdoor gear brand Cotopaxi is bringing its 24-hour adventure race to Durham over the weekend. The Questival kicks off at the American Tobacco Campus, Diamond View Park. During the 24-hour adventure race, teams of 2 to 6 friends will compete for prizes, completing adventure challenges in categories like fitness, camping, service, and teamwork. Questival races - think The Amazing Race with a good social twist - are hosted in over 50 cities across the country. Cotopaxi creates outdoor products and experiences that...

Buying an Existing Business in the Triangle VS. Other Places in USA

For local business buyers in the Triangle looking into buying an established business it may be more challenging than buying an already profitable and operational business in other markets of the USA. Many business buyers simply do not know where to start. Additionally, they may not know that business brokers are there to help. This is because the state of business brokerage in the Triangle, and even more broadly in North Carolina, is not as advanced as the state of...

Real Estate Millionaire & Star of BRAVO’s “Million Dollar Listing” Sending Team to NC

Josh Altman's team will be in The Triangle area for a couple of days next week, holding free "Flip for Life" events in Raleigh & Durham. The Million Dollar Listing Los Angeles TV star went from being broke to $1,000,000 in sales per day, thanks to a partnership with his brother. Together they built a real estate business that has sold more than $3 billion in properties to date. Registration for the events is free via Eventbrite.com. The website mentions that there...

The Top 5 Most Popular & In-Demand Businesses in The Triangle

Have you been thinking about a new business in the Triangle? Got some ideas what would be fun or profitable to run? You’re not alone, the Triangle marketplace is hopping, and businesses are being bought and sold like hot cakes. Much like the housing market, there’s a supply problem for quality businesses for sale. There is a huge demand for profitable businesses, but not all businesses types are as great as they sound, even if everyone is after them. Let’s...

Purchasing Existing Businesses VS. Starting a New Business/Franchise

For those of you who’ve bought refurbished products over the years, you’ve probably learned the secret that companies like Apple offer phones and tablets that were once new but are now back on the market at a discount as “refurbished” models at a discount. You get the same warranty but without the hassle of the sticker price, so it’s a no-brainer. As a business broker, I see an analogy for purchasing existing vs. starting a new business or franchise here...

10+ of The Very Best Local Food Trucks in Durham – Worth Hunting Down!!

Of all of the cities in the Triangle area, Durham most definitely has been dominating the food truck scene for the longest. Since food truck operators do not need to obtain a special permit and there are few regulations on where they can operate, Durham is an easy place to get up and running. Several Durham-based food trucks were so successful in their operations that they expanded into permanent physical locations in the Bull City. Check out our list of...

Most Trendy & Sophisticated Fine Dining Restaurants in Durham & Chapel Hill

Sometimes you just need a “next level” experience when dining out. Maybe you just got a bonus or a promotion, and you want to splurge just because you can, right? Whether you are looking to celebrate, impress a date or a business client, there are many restaurants in Durham and Chapel Hill that do fine dining like no other place. Check out this list of the top seven most trendy, sophisticated fine dining restaurants in the entire Durham and Chapel...

Most Popular Local Farm-to-Table Restaurants in Durham & Chapel Hill

People living in Durham and Chapel Hill take healthy eating seriously and love to support the local farming community as much as possible. The farm-to-table food movement has been incredibly successful here, and that is reflected in the restaurant selection. Farm-to-table, also known as farm-to-fork, refers to the process your food takes to get from the farm to your plate. The shorter the distance, always the better! There are many farms in and around Durham and Orange Counties, and we...

The State of the Business Brokerage Market in The Triangle Area

In light of the president’s first “State of the Union” address, it makes sense to consider the “State of the Triangle Market” for business deals. There’s a lot happening nationally, and we live in a very hot market for both real estate and business transactions. “We the people” of the Triangle are fortunate to have the resources and opportunity in the strong market we are currently enjoying. As a Triangle area business broker, I have a finger on the pulse...

Best Asian Restaurants in All of Durham & Chapel Hill – 10+ Must-Visit Local Spots!

Asian cuisine has always been extremely popular in The Triangle area. There are so many great Asian restaurants to choose from especially in Durham and Chapel Hill. Whether you prefer Chinese, Japanese, Malaysian, Vietnamese, Korean, Mongolian, or Thai food... There’s a pretty good mix of authentic & old-school restaurants, traditional affordable joints, along with high-end trendy and modern, fusion options. If you are craving Asian food one night, the number of choices can sometimes be overwhelming but fear not...

10+ Popular Hole in the Wall Delicious Spots in Durham – Worth the Drive!

Over the recent years, the city of Durham has exploded in popularity and is experiencing a full-blown renaissance. The downtown area, especially, got a complete makeover and steadily continues to evolve. Though there are lots of cool new restaurants to experience in Durham, there are also lots of gems, hidden amongst older strip malls and smaller shopping areas tucked away that have definitely seen their better days. It may be easy to just pass by these restaurants since they...

Durham’s Ethnic Food Scene Rocks! 10+ Local Spots Worth Checking Out…

Diversity has always been a strong point for the city of Durham. With its proximity to RTP and it being home to Duke, one of the country’s most prestigious universities, people from all over the world come to Durham for career opportunities and education. This diversity manifests itself in the many ethnic restaurants and markets that exist today in the Bull City. Check out these top ten restaurants and markets that are defining Durham’s ethnic food scene: Parizade Parizade is a much-celebrated...

Downtown Durham’s Most Popular & Highly Celebrated Local Restaurants

Durham is quickly becoming known as one of the most popular "foodie destinations in the entire South" with good reason. The restaurant scene, especially in the Downtown Durham area, has exploded over the years, thanks to a few standout restaurants that have received national attention. Foodie travelers take note... These are the restaurants you will want to hit up on your next trip to the Bull City! Check out our list of some of Downtown Durham’s most popular and highly...

Durham & Chapel Hill’s Local Craft Beer Scene Rocks

There are plenty of bottle shops and traditional beer bars in Durham and Chapel Hill to please just about any beer aficionado. Durham is even home to the annual World Beer Festival! But what really makes Durham and Chapel Hill’s beer scene uniquely popular are the craft breweries. Sure, there are plenty of guided beer tours offered, but why not create your own? Check out this list of the most popular breweries in all of Durham and Chapel Hill that...

Hottest New Restaurants That Recently Opened in Durham & Chapel Hill

Foodies of The Triangle are always hungry for new restaurants! Fortunately, there are new restaurants popping up all the time, especially in Durham & Chapel Hill. It seems like there are new spots to try out, everywhere you look, as brand new commercial developments of mixed-use projects or re-development of existing properties are booming and going up quick! Just as one space gets finished and opens its doors for business officially, another one not so far away begins its...

Famous & Highly Celebrated Local Chefs/Restaurateurs in Durham & Chapel Hill

Both Durham and Chapel Hill have solidly established themselves as foodie destinations over the past decade. These cities are home to incredible restaurants of all kinds! Naturally so, Durham and Chapel Hill have attracted talented chefs from all over the country to make their mark on these popular destinations that are renowned for being open-minded and diverse. These few chefs we spotlight are celebrated and revered locally, in addition to having been acknowledged nationally for their creativity and continued...

Top 5 Places to Find Businesses for Sale in The Raleigh – Durham Area

Have you always had the entrepreneurial “itch?” Are you ready to walk away from the 401K? Could you replace your W2 salary with a K1 distribution? Could you buy a business in the Triangle and be your own boss? In this article, we’ll review the top five places to look for businesses for sale in the Raleigh - Durham area. Gone are the days of looking up businesses for sale in your local newspaper. For millennials, a newspaper was a...

Durham’s Best Local Spots for Affordable Eats

There are so many awesomely tempting food options in Durham nowadays. New restaurants are popping up everywhere you look as the Bull City grows! You could probably go out to eat every day for a year and never tire of all of the fantastic local options. However, dining out at restaurants day after day,  can get pricey. Fortunately, Durham is also home to some pretty impressive affordable places where you can still score a great meal for under $10...

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One of The Best Asian Fusion Restaurants is Located in Cary – Eighty8 Asian Bistro

Dai Nguyen, owner of Eighty8 Asian Bistro in Cary, has already made a name for himself in North Carolina with over a decade experience under his belt. His previous restaurant, Wasabi 88 in Greenville, was the only Asian restaurant featured in Our State Magazine’s 100 Foods You Must Eat in 100 Counties. In 2016,...

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