Formulate a Strategy to Dissolve Your Business
Notify State and Federal Authorities
Address Internal Business Needs
Terminate Licenses, Permits, and Foreign Registrations
There’s still plenty to do when you decide to end your business. We can help you keep track of the details to make sure you aren’t liable after your business has closed.
Considerations When Ending Your Business
Our firm provides a full range of business law advice and services, including drafting, reviewing and negotiating contracts. We can also provide an opinion on the strength of a contract and your termination options.
As a business owner, you may be handed a contract or a waiver, with the expectation that you will sign it on the spot. But signing that document may expose you to needless risks. For example, by signing a 1542 waiver, you are foregoing your right to sue.
Our Team Has 26 Years of Combined Experience
Get the Help You Need to Close a California Business
Our services give you trusted and knowledgeable lawyers who will stand next to you when you decide to shut down your business. Our goal is to minimize any potential liability for you, the business owner.
Our San Diego business lawyers will help you make the strategic business decisions to wind up your business, tie up debts and shareholders and employees rights according to the law.
A business may dissolve through Chapter 7 or Chapter 11 bankruptcy due to the business no longer being profitable or desirable.
Formally Close a Business with the Government, Both State and Federal
As a business owner, you may end your business at any time. However, there is a checklist of steps when ending your business with the government. Without termination with the state and federal governments, a business owner could be held liable for taxes and fees associated with the business.
Dissolving a Partnership
There are many steps in dissolving a partnership other than just dissolving and ceasing business. “Winding up” a partnership involves the process of executing contractual obligations, resolving partnership debts and claims, and the liquidation of assets and property.