When a business is in financial distress sometimes the best option may be to close the business. If your business is no longer viable liquidation will allow you to sell off assets to pay your creditors and wind up the company to minimise losses.
Mackay Goodwin CEO Domenic Calabretta explains the liquidation process and the options open to businesses that are struggling so they can mover forward. Calabretta stresses, early action is key.
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