June 8, 2010
We’re now in week 3 of our Closing Shop 101 series, having talked in week 1 about the importance of having an exit strategy and covering your first option (selling the business) last week. Today’s topic? Liquidation. The Basics First, a brief definition (courtesy of Dictionary.com): Liquidation occurs “(w)hen a business or firm is terminated […]
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June 2, 2010
Last week, we started a series on what to do if you have to close down your private practice. Every business person needs to consider an “exit strategy,” what they plan to do when it’s time to leave. Whether you retire, move, become a stay-at-home parent, or change careers, no one can stay in business […]
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