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...

Stars of HGTV’s Flip or Flop Offering Free “Real Estate Elevated” Education Program in Raleigh + Chapel Hill

Real Estate experts & big time flippers Tarek & Christina’s live real estate educational program will be holding a couple of FREE sessions come early May in NC. Real Estate Elevated preview events are primarily a house flipping and real estate investing educational program. Having previously made “every mistake in the book” as they learned to flip homes, Tarek and Christina El Moussa decided that sharing the knowledge that they had learned over the years could prevent others from going...

Raleigh’s Hottest New Event Space “Whitaker & Atlantic” Helps Launch New Red Bull Organics Drink Line in Style

Energy drinks giant Red Bull selected Raleigh, North Carolina as one of the two exclusive markets for the launch of their new line of refreshing beverages called "ORGANICS -- authentic organic refreshment captured and canned." The other US city chosen was San Diego. The Raleigh crowd was most definitely thrilled to represent the east coast and did so to the fullest! The well-attended event took place at Whitaker & Atlantic, a new, hip event space located near Lynnwood Brewing...

Wake Forest Based Rapper NANCE Ready To Drop His Debut Album

Christian Nance, better known as just "NANCE" to thousands of his Raleigh area fans and many more virtual admirers, is an up-and-coming local rapper from Wake Forest, NC that has been putting out music for a while now primarily through social media. The name of the highly anticipated new studio album is "No Excuses," and it will be dropping on April 27, 2018. It has been over two years in the making. The album was produced by Fourth Shift, mix...

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...

New Asian Fusion Restaurant Open For Business in North Hills – CO’s 7th Location

Located on the ground floor of the recently opened AC Hotel in North Hills, is CO - Raleigh’s newest, hippest Asian fusion restaurant! This is the 7th CO location to open since its initial founding in Charleston, SC in 2012. With its sleek, modern furnishings and upscale vibe, CO fits right in here in North Hills. CO features a variety of Southeast Asian dishes, with a focus on Vietnamese cuisine. Its impressive menu includes dumplings, pho, bahn mi, noodle...

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...

New Pizza Food Truck Debuting in Raleigh – Enjoy Italian “Pizza-in-a-Cone” On The Go…

Kono Pizza will be officially launching in Raleigh this weekend. The authentic Italian mobile food truck will be the first of its kind in North Carolina, offering a menu of creative Pizza cones for breakfast, lunch, dinner, and of course dessert. The fun & unique menu at Kono includes over a dozen of the most popular all-time pizza varieties and legendary Italian desserts as well, all stuffed into a thick deliciously unique cone. Their flavors will include meat kones, veggie kones,...

Small New Brewing Company Hoping To Make It Big In Raleigh’s Craft Beer Scene

The soon-to-open Funguys brewery, a joint venture between three young beer enthusiasts, will be located just outside of Downtown Raleigh and off Capital Blvd / Wake Forest Rd. The area just east of Five Points and North of Mordecai has been solidly established as a "Craft Brewing District" and major beer destination with many other well-known local brewing companies who have set up operations near-by, including Big Boss, Lynnwood, Sub Noir, Clouds, Nicklepoint, and Neuse River just to name...

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...

Modern & Trendy Southeast Asian Restaurant “CO” Opening Soon in Raleigh

The eagerly anticipated CO Asian fusion restaurant which announced that it was coming to The Triangle in early 2017, will be finally opening in a couple of weeks at the new AC Hotel in Raleigh's bustling North Hills area! Starting sometime in March, guests will be able to enjoy a modern take on traditional Southeast Asian & Vietnamese cuisine. The menu will feature lunch & dinner options such as pho, banh mi, sushi, broth noodles, dumplings, shareable small plates, wok noodles...

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...

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...

New Poke Burri Opening in Raleigh – Sushi Burritos, Poke Bowls & More…

In about a month or so, you will be able to get your hands on freshly made Sushi Burritos, Sushi Donuts, Poke Bowls, Sushi Corndogs, Sushi Nachos, and more from Poke Burri. The innovative & award-winning Atlanta based Sushi restaurant is expanding to Raleigh this Spring. The menu will also include more traditional items, along with an option to make-your-own roll or bowl with your choice of a protein, veggies, sauces, and toppings. Fun & unique secret menu items and...

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...

What The Federal Gov Shutdown Means For Your Triangle Biz?

So it’s happened again, as of January 19th the federal government officially “shutdown.” But what does this mean for you or your business if you live in the Triangle? In most cases, not much. Let’s dig in… The main effect is that non-essential government agencies will not be open until the shut down is over. If you run a privately held business, unless you interact with government agencies like the Bureau of Alcohol, Tobacco, Firearms, and Explosives.  For Triangle gun...

Triangle Area is Home to 6 of North Carolina’s 31 Marathons in 2018

Wake County shares the title of "marathon capital of the state" with Guilford County over in The Piedmont Triad area. Both areas have four marathons this year after Wake owned a 6 – 4 edge last year. There still are six total Triangle area marathons, however, with the 2017 additions of the RDC Marathon in November in Durham and the Race Across Durham Trail Marathon in December. Wake County lost one of its most prominent marathons and appears to have...

Buku #2 is Coming to Wake Forest

For the past 8 years, Buku has been consistently one of the hottest, busiest and most popular restaurants in all of Downtown Raleigh. Buku carved out its own niche pretty much since day one of opening its doors and quickly established a diverse loyal following by serving up "food from around the world" and a fun atmosphere to go along with all the delicious, global cuisine options that are typically hard to find at any other place. Back in early...

Marbles Kids Museum – Fun Downtown Raleigh Destination to Play & Discover

Marbles Kids Museum is an interactive children’s museum located in the heart of Downtown Raleigh. The museum features over 12 different interactive exhibits that are designed to be fun and educational at the same time. It is one of the most popular destinations for families with children in the state of North Carolina and has received national acclaim for its education through play programs and exhibits. Marbles Kids Museum delivers purposeful play in a big way. Children imagine, discover and...

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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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