Get Out of Your Business

Perhaps you're looking forward to retiring in a more agreeable climate, you've gotten a purchase offer you want to consider, or your business has done so well that you want to pass it on to your children.  On the other hand, perhaps your business isn't doing as well as you hoped, or it's doing well but you're getting tired of all the time and energy it requires.

You'll come out way ahead, both financially and personally, if you make an effort to understand the steps, formulate your plan carefully with the help of your professional advisors, and, when the time comes, take the time to negotiate a price and terms that satisfy your reasons for getting out of the business.

Sell

http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P11_2000

Transfer Ownership

http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P11_1100

Liquidate

http://www.toolkit.com/news/newsDetail.aspx?nid=02-023liquidate

File for Bankruptcy

http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P08_7400