Starting your own business can be difficult and stressful, and running that business can be even more so. However, breaking up a business and wrapping up its affairs can be difficult in its own way, if you’re not appropriately prepared. However, how hard it is can depend on how your business is organized, and how many other people own the company you’re trying to break up. Continue reading “Breaking Up a Business is Hard to Do”
Tag: dissolving business
Hanging Up Your Hat: What Happens When You Want to Leave Your Business?
Nothing lasts forever. Even if you’re a business owner and you love what you do, at some point you’ll want to leave your business, either to move on to greater things or to enjoy your retirement. But what happens once you leave your business? Does it linger on, or do you close shop for good? And what happens if you do? Continue reading “Hanging Up Your Hat: What Happens When You Want to Leave Your Business?”
When is it Time for a Business Divorce?
Perhaps you’ve been with your business partner for a long time. It’s been years, maybe decades, and for a while, it was working out fine. However, over time you’ve found yourselves growing apart, spending less time together or fighting more frequently than you once did. Even if you still get along just fine otherwise, it might be time to consider a business divorce, for both the sake of your business and for your own sake. Continue reading “When is it Time for a Business Divorce?”