HOW TO CLOSE A BUSINESS
You’ve DECIDED your START-UP has had its day. Now what? Liquidation? Voluntary administration? Acquisition? We DECODE your options.
While opening a business can be daunting, closing a business can be just as overwhelming. It’s not as simple as shutting your door and deleting your Twitter account – there are multiple approaches that all have different outcomes for your company’s future, and varying impacts on your professional career going forward.
As a lawyer, Jeremy Streten, author of the book The Business Legal Lifecycle, helps business owners streamline their exit strategies from a legal perspective and safeguard their futures. So, how do you work out what is the best escape route for you? Here he breaks down the get-out clauses.