Is a Fire Sale the Best Way to Sell Your Business?

A lot of businesses are liquidated because they are either under too much debt, or the costs incurred are unmanageable or the business has ceased to be profitable, or the owner is not able to manage it anymore. When the business is liquidated, the owners pay off the pending debts, and look at either starting new, or opening another business with the money that comes in, and one of the common ways to liquidate a business is seen to be the conduction of a Fire Sale....read more

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