Recent Posts
Number of businesses sold fell during 2019
A total of 2,454 small businesses were reported to have sold in the third quarter of 2019, an 8.6 percent decline compared to the same period last year. BizBuySell (BBS) says the median sale price rose just .1 percent year-over-year. Stagnant sale prices are not for lack of trying. The median asking price of a […]
Nancy Nagy new president of Premier Sotheby’s International
Nancy Nagy has been named president of Premier Sotheby’s International Realty, where she will be responsible for leading all sales operations of the $5 billion brokerage. She succeeds Budge Huskey, who was named chief executive officer on Jan. 1. She previously served as chief executive officer of Berkshire Hathaway Homeservices Chicago, ranked among the top […]
LKN business leaders take shots at each other in Lincoln County trial
Jan. 17. By Dave Yochum. If Hilary Clinton had been elected, none of this would have happened. It turns out the Donald Trump presidency coincided with a precipitous decline in the firearms and shooting range industry. People didn’t feel like their right to bear arms was threatened, and revenue at Denver Defense, a gun range […]
Jury selection under way in Bayport v. Sisson trial
Jan. 13. By Dave Vieser. Jury selection begins today in Lincoln County Court over a contract dispute between two warring gun range businesses, both of which are owned by influential business people in Lake Norman. On the one side is the Range at Lake Norman, owned by Tricia and Brian Sisson. She is a Cornelius […]
Strong home price appreciation continues
Net in-migration bodes well for Lake Norman and Cabarrus homeowners—the demand for housing will continue to drive up prices in 2020. “At a regional level, Phoenix retains the top spot for the fifth consecutive month with October’s 5.8 percent year-over-year gain. The Southeast region was also strong, as Tampa, Charlotte, and Atlanta prices all rose […]
Newsmakers Breakfast focuses on schools
Public education in North Mecklenburg is the topic at the Jan. 15 Newsmakers Breakfast at The Peninsula Club. It will focus on education, with speakers Jennifer De La Jara and Rhonda Lennon Cheek, both Charlotte Mecklenburg Schools board members. Growth and over-crowding became an issue when Charlotte Mecklenburg Schools left North Meck out of capital […]
Are you starting 2020 in control of your brand?
By Ginny Mackin. I’m not big on resolutions. Sure, a crisp new calendar inspires me to become more organized and mindful of my time and priorities. But the big transformational proclamations leave me cold. There is one commitment I made two years ago that has stuck, and I want to share it in hopes you […]
Siskey-related lawsuits go after Carolina Beer, founders
By Dave Yochum. A memo sent to investors in an LLC related to Mooresville-based Carolina Beer & Beverage and its founders says claims in a lawsuit brought by 18 former investors “are absolutely 100 percent false.” In the memo, the entrepreneur behind CB&B said the disgruntled shareholders’ complaints only came to light in November, more […]
Take steps to protect your internet and company safety
American shoppers shelled out $9.4 billion on Cyber Monday, setting a new spending record, almost 20 percent more than last year. Cybersecurity is a growing concern as the Christmas shopping season gets under way in record fashion. Cybercriminals used a third-party vendor’s stolen username and password to break into a retailer’s systems and steal millions […]
Growth Strategies: Spot the ‘undertow’ of numbers
Growth Strategies By Cheryl Kane. It can be a good feeling to look at year-end revenue and see a comforting level of sales. It may bring a satisfied sigh of accomplishment; and it generally should. But do you really know what the numbers tell you? Can you interpret financial statement numbers into meaningful information that […]
