Should I liquidate my company? | Scott Bailey LLP

With the UK on the brink of recession and having just emerged from a global pandemic, it's a tough time for businesses. As the economy struggles, many owners face a difficult question: should I liquidate my company?

As an owner of a struggling business, knowing when it's time to call it quits is extremely hard. You have to weigh up the hopes and dreams you had for your business against your current financial situation.

If you're struggling with this tough choice, we've put together a list of questions to help you decide what's right for you.