Business
Allen Tate: $5.75 billion in sales volume in 2019
Feb. 12. Allen Tate Realtors reports total sales volume of $5.75 billion in 2019, the best year in the company’s history. The Charlotte-based company reported 20,071 closed transaction sides last year, down slightly from 21,190 sides in 2018. “The market continues to be challenged by lack of inventory, which results in greater appreciation of home prices,” […]
Premier Sotheby’s International topped $5 billion in sales in ‘19
Feb. 12. Premier Sotheby’s International Realty total sales volume hit $5.2 billion in 2019, a 15 percent increase year-over-year. Average sales price was $725,116, up 3 percent from the year before. The Naples, Fla. brokerage, which has an office in Jetton Village, closed 7,129 transactions, up 11 percent from 2018. The North Carolina region reported […]
R&D kitchen coming to Cornelius
R&D kitchen, renovations worth $500,000 Jan. 30. Restaurateur Joe Douglas plans to build an R&D test kitchen at the original 131 MAIN restaurant in Cornelius. The total tab, which includes renovations, will be on the order of $500,000. Douglas says the research and development kitchen is being designed to develop new products for both 131 […]
Tap creativity with teamwork and strategy
Sales professionals by nature have a laser-like, goal-oriented focus, and they push themselves against all odds to produce outstanding results. Along the way they develop skills and habits that make them more efficient. But the world we work in continues to evolve, change, and develop, so we have to make sure we are adapting to […]
Sweet Dream owners are Business Persons of the Year
Jan. 23. Greg and Katy Law, owners of Sweet Dream Mattress and Furniture in Cornelius, were named the Robert T. Cashion Business Persons of the Year at the Lake Norman Chamber of Commerce annual meeting at The Peninsula Club. Robert Cashion’s widow, Louise Cashion, and son Gordon Cashion, assisted 2019 Chamber Board Chair Tricia Sisson, […]
Aquesta net up 46.8% year over year
Jan. 22. Cornelius-based Aquesta Financial Holdings earnings from continuing operations grew at the rate of 46.8 percent for the full year 2019 compared to 2018. Jim Engel, CEO & president, said he hoped the momentum from “excellent earnings and balance sheet growth” for the final quarter of 2019 would carry into 2020 as well. Net […]
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 […]
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 […]
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 […]
