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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…

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…

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…

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…

7 ADVANTAGES OF STARTING A BUSINESS IN WILMINGTON DISCOVER THE ADVANTAGES OF STARTING, EXPANDING, OR ACQUIRING A BUSINESS IN WILMINGTON, NC Are you considering starting a new business or expanding your existing one? Look no further than the booming coastal city of Wilmington, North Carolina and it’s surrounding communities. With its thriving economy, exceptional quality…

Wilmington’s commercial real estate scene saw the merger of two prominent firms, MoMentum Companies and Integral Commercial Group. In line with the acquisition, MoMentum Companies has extended a warm welcome to Adam Nicholas, appointing him as their chief operating officer. Nicholas, along with his professional team, boasts an extensive background in commercial real estate and…

Operating and expanding a business is a challenging endeavor that comes with significant personal and professional risks. It’s a rare achievement for business owners to reach a point where their company becomes attractive to potential buyers. However, many successful business owners fail to dedicate the necessary time, effort, and resources to adequately prepare their company…

Before signing a commercial real estate lease, it is essential to fully comprehend the terms and potential consequences of your commitment. Decisions made during signing a commercial lease will have major impacts on the success or failure of your business venture. Here are a few pointers to keep in mind when considering signing a lease…