Some businesses continue operations in perpetuity, while others may need to restructure or cease operations entirely.
The decision to end business ventures is not as simple as discontinuing operations. Business affairs need to be finalized, debts paid, and employees’ and shareholders’ rights protected in accordance with the law.
A myriad of factors affects the business dissolution process:
- How the business is structured: S-Corporations, C-Corporation, Partnerships, and Limited Liability Companies
- Purpose of the dissolution: Shareholder litigation, death of key owners, lack of profitability, etc.
- Addressing the and rights and obligations of the business owners, employees’ and shareholders’
Sepahi Law Group works to facilitate a smooth dissolution by providing the guidance needed to navigate through the strategic decisions required to wrap-up the business effectively and efficiently.
To learn more about what it takes to dissolve a business, contact Sepahi Law Group.