Shutting down your business can be tough emotionally. Maybe it’s something you’ve run for a longtime and you just don’t have the time for anymore. Or perhaps you had a dream that never really got off the ground. Regardless of the situation, there are a few things you’re going to want to do when closing… Read more »
Unfortunately, business owners sometimes must make the decision to leave their enterprise behind and move forward professionally and personally. Perhaps you’re facing bankruptcy, ready to retire, or are planning your next big career move. Whatever your motivation may be, the process of closing your business should be completed thoroughly and officially.
Every year, about 9 percent of the businesses in America shut down for one reason or another. Some do it because they’re not bringing in enough profits, while others do it because of retirement.