North Carolina Business for Sale - The Business Broker Journal

Per Capita Real GDP: $36,489 Rank: 20/50 (2006)

Population: 8,049,310 Rank: 11/50 (2000)

Per Capita Personal Income: $32,234 Rank: 36/50 (2006)

Unemployment Rate: 4.90% Rank: 32/50 (2008)

Business Tax Climate Index: Rank: 40/50 (2008)

Corporate Tax Rate: 6.9%

Individual Tax Rate: 6% - 8.25%

Sales Tax Rate: 4%

Business Tax Climate Index:

Individual Income Tax Index Rank: 44

Sales Tax Index Rank: 39

Unemployment Insurance Tax Index Rank: 6

Property Tax Index Rank: 34

Business Tax Climate Index: 40

Corporate Tax Index Rank: 25

North Carolina The State:

The climate and soil in the coastal plains area create ideal growth conditions for tobacco. It has historically been the state’s cash crop and North Carolina continues to be the nation’s leading producer of tobacco. The early twentieth century saw a proliferation of textile manufacturing in North Carolina as farmers left the fields and went to work in factories. Recently the state has been particularly hard-hit by low cost textiles from Asia, though the industry still plays a vital role in the state economy. Apart from textiles, North Carolina is still a leader in other manufacturing industries. It is the second largest industrial state in the South with chemicals, computers, and machinery industries

State Information

Abbreviation: NC

Capital: Raleigh

Nick Name Tar Heel State

State Web Site: http://www.northcarolina.gov

Motto: To be rather than to seem

Top 5 Export Partner Countries

Canada, Mexico, Japan, China, United Kingdom

Top 5 Export Merchandise

Textile Mills

Chemicals Sales

Computers and Electronic Products Manufacturing

Chemicals Manufacturing

Machinery Manufacturing

Major Cities

Charlotte, Greensboro, Raleigh

Main Airports:

CLT Charlotte/Douglas International Charlotte

GSO Piedmont Triad International Greensboro

RDU Raleigh-Durham International Raleigh/Durham

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North Carolina Secretary of State:

Secretary of State (SOS): Information about elections, registered businesses, trademarks, and lobbyists.

North Carolina Small Business Administration:

Small Business Administration

Offers business development counseling and training programs and information on SBA loan programs.

North Carolina SCORE Offices

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Business North Carolina

Business North Carolina provides news articles related specifically to North Carolina. Articles in a large range of industries are available along with archives of previous issues.

Department of Revenue Information for Businesses

From this site, businesspersons can find relevant tax information, tax law changes, answers to commonly asked questions, and tax-related reports and statistics.

Employment Security Commission of North Carolina

The NCESC provides information for employers pertaining to hiring, labor laws,labor markets, workforce statistics, industry information, and occupational information.

NC.GOV

This official website for the state of North Carolina, serves as the users gateway to a wealth of information and services offered by North Carolina. Services are available in education, employment, legislation, transportation, or business areas. The business section also contains information on starting, relocation, operating, or closing a business in North Carolina.

North Carolina Chamber

This site provides a number of useful business publications, such as a state of business report, business advocate articles, or survey data. Users can also find business laws from the last few years and some news updates.

North Carolina Department of Commerce: Business Services

This site contains information on starting, supporting, and locating your business. It also provides information on developing your business through international trade and has a number of services to assist entrepreneurs. Free consultation is offered in a variety of categories, such as, funding and incentives or international trade and investment opportunities.

North Carolina Rural Economic Development Center, Inc.

The NC Rural Center aims to help rural North Carolinians develop and execute solid economic strategies. This site also provides information on rural policy initiatives, capacity building programs,and a number of research and informational tools.

Small Business and Technology Development Center

The North Carolina SBTDC aims to help small businesses develop. This site offers business/management counseling and management education. It also contains a number of special market development services including business research, government procurement, export financial services, boating industry, and technology commercialization. Numerous informative publications, like an industry's analysis, are also available.

U.S. Export Assistance Center of North Carolina

The North Carolina branch of the Department of Commerce specializes in helping small to medium sized companies develop and execute exporting strategies. Fees vary and are based on the service being provided. Additional information, such as free trade agreements, featured trade missions, or the NC export team newsletter, are available for free.

World Trade Center North Carolina

The North Carolina WTC is a member-based nonprofit organization helping NC businesses trade internationally. Services such as strategic direction are available for members.

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Bruce Deerson

Raleigh, NC