Watching a company cease trading is one of the hardest things its owners have to do. Nevertheless, it is something that is experienced by thousands of business owners every year. While it may be a difficult phase for many business owners, they can still get some cash before closing down the business for good. This [...]
Monthly Archives: January 2010
Top tips for business liquidation
January 27, 2010 – 9:00 am
If you planning to close your business you need to make sure that you have a good exit strategy planned out. Listed below are a few important things that you should know about business liquidation.
1) Lawyer: The first thing you should do is talk to your accountant and your lawyer about business liquidation. You should get [...]
What to do with office furniture after company liquidation
January 25, 2010 – 9:08 am
Company liquidation can be an emotionally taxing process, and if your business meant a lot to you it is natural to feel disheartened. However, once the closure of your business has sunk in, it is important to think practically and move on. Listed below are a few ways on how to deal with office fixtures [...]
Make liquidation profitable process with business liquidators
January 23, 2010 – 9:00 am
Bad investments and low market rates can be a nightmare for any company owner, regardless of the size of the company. This is a situation that thousands of company owners have faced, and can cause a company to become bankrupt and close down. The good news is that these company owners don’t have to worry [...]
Liquidation- the best way to end your business
January 20, 2010 – 9:54 am
When a company comes to an end, they have to go through the legal process of liquidation. During the process of business liquidation, companies sell off their assets to pay off their creditors. Business liquidation is also called winding up or dissolution of business. When a business is unable to pay off their debts, they [...]
How company liquidation can help your business
January 18, 2010 – 9:53 am
If you run a business then you will know how difficult it can be for you to conduct all your operations smoothly. If there comes a time that your company gets into major financial difficulties, and the only solution is to close the company or sell off your assets, you should seek help from a [...]
Opting for company liquidation
January 16, 2010 – 9:00 am
To many people, bankruptcy may seem like the end of a company, although others will disagree and say that the real end of a business is company liquidation. This is because proper company liquidation involves closing a company and selling all of its assets. This step is usually taken when a company is facing bankruptcy.
Difficulties
Company [...]
The basics on voluntary liquidation
January 14, 2010 – 11:52 am
When a company dissolves all of its assets in order to pay off outstanding debts, which then results in it being closed down, it is called voluntary liquidation. There are various reasons as to why a business would opt for voluntary liquidation.
Resignation or Death
If an important member of a business resigns or passes away, shareholders [...]
Voluntary liquidation and how it can help companies to settle debts
January 13, 2010 – 9:00 am
Businesses all over the world have been going through a difficult time due to the ongoing recession. Whilst some have managed to stay afloat, others have found themselves deep in debt. Fortunately, these companies now have a way of paying back their debts- through voluntary liquidation.
Why many companies opt for voluntary liquidation
The decision to [...]
Important points to remember when going about business liquidation
January 11, 2010 – 3:26 pm
When a company is facing bankruptcy, there are very few chances that it will be given a loan or any other kind of financial help to get out of its debt. At these times, businesses have to rely on their own resources to help them with their finances. One of the ways for these businesses [...]