Exit My Business
- Sell or Transfer to a Family Member
- Management Buyouts (MBO)
- Sell Your Shares to Co-Owners
- Employee Stock Ownership Plan (ESOP)
- Strategic Mergers and Acquisitions
- Lease to Own
- Initial Public Offering (IPO)
- Become a Passive Owner
- Maintain a Lifestyle Company
- Gift the Business
- Liquidate the Business
- Worker Co-Ops
- Close the Business
GUIDE: EXIT YOUR BUSINESS | STRATEGY ELEVEN:
Liquidate a Business
Do you want to save this information for later?
Send this guide to your e-mail for FREE!
One option for exiting your business is by way of liquidation. Liquidation refers to selling off assets or securities in order to generate cash revenue. The more liquid an item is, the faster you can collect cash for it. Items like fine art, homes, or a specialty collectors item are generally liquid as it takes a certain kind of buyer with typically a larger amount of money to make a purchase.
If you think you would like to sell your assets and/or securities in order to close your business, we suggest you ask yourself these questions first:
Would there be an advantage with selling off the business as a whole (including assets & securities) rather than selling things individually over-time?
What kind of market would give me top dollar for my assets/securities?
Should I consider another exit strategy for my business?
Out of all of my businesses assets/securities, what is liquid and what is not liquid?
Do I actually know what my business, assets and securities are worth?
Frequently Asked Questions
Do you have questions about exiting your business? You should consider checking out our Resource Navigator. It houses the contact information of 400 of our most helpful partners from across the state who provide free to low-cost assistance to Iowa entrepreneurs and small business owners.
Q: Should I liquidate my business?
A: Consult with a tax or legal advisor for best practices and suggestions.
Q: Is my business in need of liquidating?
A: This depends entirely on your situation. If you are in need of cash to pay off existing lenders, then perhaps liquidating some or all of your business would be a wise business decision.
Q: I need cash, is liquidating my business a good way to do that?
A: Absolutely. Even if you don’t want to close down your business entirely, liquidating some of your assets can be a very fast way to get your hands on capital to re-invest.
Want to save this information for later?
Enter your name, email and ZIP Code below and we will send the Exit a Business Guide to your email inbox for FREE!
NOTICE: The information included on this website is to be used only as a guide. It is not intended to cover all provisions of the law or every taxpayer's specific circumstances.
GUIDE: EXIT A BUSINESS
Connect with Us!
Get insights, inspiration and events to help you start, grow and accelerate businesses in Iowa.
How can we help you?
Our team helps grow entrepreneurship in Iowa every day.