Dissolving A Business

The past two years have been dominated by the COVID-19 pandemic in multiple ways.  While we have so far avoided a significant economic downturn, some businesses have been severely challenged by new regulatory requirements and shifting consumer patterns.

As 2021 draws to a close, you may have reached the conclusion that your business prospects for 2022 will not meet your expectations, financially or otherwise.  Closing your business can be a difficult choice to make, and businesses dissolve for a variety of reasons, and not all of them are necessarily negative.  Properly dissolving the business will ensure that when you do start anew, it will be with a clean slate.

What is Dissolution?