Should you sell your business or liquidate it? The pros and cons of each

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Original source: https://www.sacramentobusinessbrokers.com/post/should-you-sell-your-business-or-liquidate-it-the-pros-and-cons-of-each

If you’ve ever considered parting ways with your company, you’ve likely considered both options. But which one is best? Is your business transferable and able to be sold to a new owner? Or should you liquidate what you own and close your doors?

Before we look at the specifics of both options, it’s important to note that your business may be more sellable than you think (see: Someone, out there may want to buy your business.) Keep that in mind as you consider which option is best for you.

Here’s a closer look at the difference between liquidating your business and selling it to a new owner.

Location: West Sacramento, CA, USA
When I was younger, I always dreamed of starting my own business. But I never had the courage to take the plunge. It wasn't until later in life that I learned about entrepreneurship and what it takes to be successful. After years of research and planning, I decided to finally make my dream a reality. I started by creating a business plan and building a website. Next, I started marketing my product online and offline. Slowly but surely, my business began to grow. There were ups and downs along the way, but I persevered. And eventually, my hard work paid off. My business became successful and I was able to achieve the lifestyle I always wanted.

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