[Question]Closing A Business

Discussion in 'Growing and Managing a Business' started by rebel, Dec 2, 2011.

  1. rebel

    rebel
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    So I have worked for a Business for a friend since late last year. But the business hasnt made any profit so we have decided to close it down.

    I was wondering what are the proper steps to close this business as well as the deadline to do so?

    Also If we dont follow these steps or miss the deadlne what are the penalties and who is held accountable?
     

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