Posts Tagged“enterprises”

How to wind down your small business

Shutting down the business that you have operated for countless years? Whether the end has been brought about by a desire to do something different with your life, retirement, or by adverse economic circumstances, there are a number of steps that you need to follow before it can be legally closed. Mark Stiffler went through the same process last year, as he closed down his successful sales management firm after 25 years in business; if he can do it, so can you. Here’s what you need to do: 1) Settle all accounts receivable When you are in the process of…