In the heart of Wilmington’s South Front District, a warm light spills from the expansive windows of South Front Tavern-a place where neighbors gather, flavors shine, and hospitality is more than just a word. The man behind it all, Mark Zecher, is no stranger to the restaurant world. A Long Island native, Mark spent decades…
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Selling a Business Doing Great: How to Maximize Value Businesses that are sold while performing at their peak often command higher valuations, attract more qualified buyers, and close faster than those sold during a downturn. Many business owners wait until they’re ready to retire-or when challenges arise-before selling their company. But selling when your business…
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Selling a Business in Financial Trouble Owning a business comes with its highs and lows-but when the challenges start to outweigh the wins, many entrepreneurs are faced with a tough question: Is it time to sell? Understanding the Value in a Distressed Business Selling a business is never a simple decision-especially when that business is…
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How to Prepare Your Business for a Successful Sale Selling your business isn’t just a transaction-it’s a major milestone. Whether you’re retiring, moving on to a new venture, or simply ready for a change, preparing your business for sale is key to getting the best return. At Momentum Projects, we specialize in helping Wilmington, NC…
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WHICH TYPES OF BUSINESSES ARE IN HIGH DEMAND RIGHT NOW? IF YOU’RE CONSIDERING BUYING OR SELLING A BUSINESS IN WILMINGTON, NC, UNDERSTANDING WHICH INDUSTRIES ARE CURRENTLY THRIVING CAN GIVE YOU A POWERFUL ADVANTAGE. The local market is constantly shifting, driven by changes in population, tourism, consumer behavior, and economic development. Whether you’re an aspiring entrepreneur…
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At Momentum Properties, we believe smart decisions are the foundation of successful business ownership. If you’re weighing your options between starting a business from scratch or acquiring an existing one, it’s important to understand why purchasing an established business can often be the smarter, more strategic move-especially here in the vibrant Wilmington, NC market. Here’s…
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Kirk Martell Reflects on His Journey with Crossfire Entertainment in Wilmington, NC When Kirk Martell purchased Crossfire Entertainment in Wilmington, North Carolina, through a local business broker Momentum Companies, it marked the beginning of a new chapter in his life and career. After years of contemplating entrepreneurship, Martell felt the time had finally come to…
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Valuation of a Business-Hidden Profits Understanding How to Value a Privately Held Business Valuing a privately held business involves more complexity than assessing a publicly traded company. Public companies are often evaluated using straightforward metrics like the price-to-earnings (P/E) ratio. However, privately owned businesses require a deeper dive into their financials to determine their true…
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