Closing a Business
Preparing to Close a Business?
Closing a business often requires more steps than starting it. It is critical to consult with an experienced business lawyer to make sure that nothing is overlooked. At my Austin, Texas law firm, I use years of experience to represent clients throughout Central Texas, helping them close businesses while protecting their interests and their assets.
Guiding Clients Through the Closing of a Business
I guide my clients through the steps of closing a business. This often begins with a vote to dissolve the business, as mandated by the articles of incorporation, partnership agreement or articles of organization. I draft the dissolution plan and documents executing the plan.
As a CPA and attorney, I assist appraisers in business valuation. Valuation is a necessary step that can prevent future litigation between business owners. Valuations also provide evidence justifying the figures used on a business’s final tax return.
I help my clients work out any contracts or obligations that extend beyond the closing date. I also assist with the preparation and filing of dissolution papers with the state. Many business organizations — including LLCs, LLPs and Limited partnerships — are required to notify the state that they have dissolved.
The quality of my work is well-recognized by my clients. Personal service and a commitment to excellence are hallmarks of my law firm. My clients have access to me by e-mail and cell phone 24/7/365 throughout the duration of a business divorce case.
Consult with an Experienced Austin Business Lawyer
Whatever the reason your business is closing, it is best to consult with an experienced business attorney sooner rather than later. For information with respect to closing a business, call 512.457.1177 or reach me online to speak with me, Attorney John McDuff, about your legal concerns.
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