Closing Your Business

Get tips on what to do when it's time to close up shop, or sell your business to a new owner.

How to close an LLC

Closing an LLC is not as simple as locking the door and walking away. There are several steps you must take to protect yourself from liability and…

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Partnership dissolution agreement — How to guide

1. Overview A change in the business climate or individual goals may signal that it’s time to terminate a partnership and release the parties from…

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Notice of dissolution of partnership (debtors and creditors) — How to guide

1. Overview A change in the business climate or in the parties’ goals may signal that it’s time to terminate a partnership and release the parties…

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Pros and cons of a close corporation

Consider these pros and cons to determine whether organizing your small business as a close corporation would be the right choice for your business.

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Articles of dissolution: How to close a company

If you’ve decided to close your corporation or limited liability company, you should file articles of dissolution to protect yourself from future…

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How to know when it's time to sell your business

The most common answer to the question of when to sell your business is “it depends." No single formula is right for every situation. The decision…

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How do I dissolve a Delaware corporation?

Dissolving an LLC in Delaware requires taking a vote, appointing a manager, paying bills, and filing forms and taxes. With careful attention to…

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How to dissolve a corporation

Dissolving a corporation is more complex than forming one. But like all things corporate, it's as easy as knowing and following the correct procedure…

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How to dissolve a partnership

It’s important to completely and correctly dissolve your partnership so that you properly terminate your obligations under your partnership…

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How to dissolve a business partnership

If you've decided it's time to end your business partnership, you'll want to proceed cautiously to protect yourself and the company. Find out how to…

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