What Does Dissolving a Company Mean?

Author: External Author | | Categories: Auction Company , Auction Services

Dissolving a company means to officially and formally close the business. While ceasing operations is part of this process, there's more to dissolving a business than just locking the front door. Assets and liabilities must be dealt with properly, in much the same way that an executor would settle all assets, debts and affairs when someone dies.

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Original Article Source Credits:   Chron , https://smallbusiness.chron.com/

Article Written By:  Elliott Taylor

Original Article Posted on:  March 12, 2019

Link to Original Article:  https://smallbusiness.chron.com/dissolving-company-mean-26223.html