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Important Tips for Closing Your Business

Unfortunately, the pandemic has caused many businesses to fail. Yelp reported 60% of businesses that had closed at the start of the pandemic are not reopening. What’s more, in some cases, businesses may be viable, but owners just want to give up.

Important Tips for Closing Your Business

Whether by necessity or choice, owners need to take certain actions to shut down properly and avoid problems. Here are some actions to consider.

Your Entity

If you are incorporated or have a limited liability company, shutting your doors doesn’t end your legal status. You must dissolve the entity by following