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Sales & Dissolutions Archives

Selling your small business? Avoid these 5 mistakes

A business sale is not necessarily a sign of defeat. Indeed, a sale can be a mark of success—especially if the business owner is able to sell at a profit. That’s not to say that all sales will be successful, though. There are many mistakes along the way that can cost business owners dearly. One of the best ways to avoid these pitfalls is to understand them, anticipate them and do your best to avoid them. If you are selling your business, you should know these five mistakes to avoid.

Is it possible to sell your business for more than it’s worth?

Selling a business can sometimes be as challenging as starting one. In fact, approximately 60 percent of business owners are reportedly unable to reach a deal. This is a daunting statistic for small business owners who are ready to unload a company. 

Dissolving your inactive business by the end of the year

The end of one year and the beginning of a new one always brings big changes. If you own a business that is currently inactive, one change you may wish to make is formally shutting down your business. The end of the year can be the perfect time to dissolve a company. This can be a gut-wrenching choice, but it leaves the door open for exciting new ventures.

Are the promises of crowd-funded products too good to be true?

Medicine shows once toured the country as pitchmen hawked the latest “miracle cure” patented medicine that could cure everything from common ailments to serious diseases. That is, when the magical medicinal was not smoothing wrinkles and removing stains.

Understanding the ins and outs of dissolving a corporation in Georgia

There is perhaps nothing more exciting from a business perspective than a group of like-minded and talented individuals coming together to devise a unique product or service with a high profit potential.

Helpful tips for closing down your business

Deciding to close your business can be difficult, whether you are a sole proprietor or part of a partnership, limited liability company (LLC) or corporation. Additionally, the business dissolution process can be more complex than you might think.

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