No business owner likes to see his or her business fail, but actually only a small percentage of businesses last three or more years. Most new businesses close with losses in the first three years of operation. Trial and error is a big part of entrepreneurship. Almost every successful business owner has also participated in some business ventures that did not succeed. Closing a business is not quite as easy as establishing one, but it is fairly simple. It’s not as easy as just doing an EIN lookup or going online to verify an EIN number. Business laws do, however,…
What To Do If Your Business Goes Bankrupt
