Thinking About Closing Your Business?

If you’re thinking about closing your business, the first thing to do is contact us. We know this isn’t an easy decision – our team is here to listen, understand your situation, and help you explore your options.

We take a personal and friendly approach – no pressure, no jargon, just a conversation to see where you stand. Whether you’d rather chat over the phone, drop us an email, or hop on a video call, we’ll connect in a way that works best for you.

We aim to help you make the right decision for your future with clarity and confidence. By reaching out, you’ll have access to expert guidance from a team that cares about finding the best solution for you.

Once you’ve reached out, we’ll schedule a call to discuss things. This is a relaxed, no-obligation chat where we go over your reasons for closing and see if there are other options you may not have considered.

Why This Call Matters

Many business owners feel that shutting down is the only way forward, but other solutions may be worth exploring.

During our call, we’ll discuss:

✔️Why you’re considering closing – Are financial pressures, workload, or other challenges driving your decision?
✔️Possible alternatives – Could pausing operations, selling the business, or bringing in an investor be a better fit?
✔️ Your best next step – If closing is the right choice, we’ll walk you through the process and make it as smooth as possible.

Depending on your reasons for wanting to close, there may be alternatives worth considering:

• Going dormant – If you’re not ready to entirely shut down, putting your business into dormant status could be a smart move. You’ll still have some compliance costs, but this keeps your options open for the future and makes restarting much easier.
• Hiring a manager – If the workload is overwhelming, have you considered hiring a manager to take over daily operations? This way, you keep control of the business while freeing up your time.
• Improving cash flow – If finances are tight, there may be ways to boost cash flow, such as reducing overhead, applying for grants, negotiating better terms with suppliers, or using invoice financing to access funds faster.
• Bringing in an investor – A fresh perspective and additional funds from an outside investor could help you turn things around and take your business in a new direction.
• Selling the business – If your company is performing well, selling it to a third party might allow you to step away while ensuring the business continues under new ownership.

After discussing your situation, we’ll have a clearer idea of whether your business can be saved or if closing is the right move. If there’s potential to keep it going, we strongly recommend speaking with an accountant to explore your options in detail. If closing is the best choice, we can guide you through the voluntary strike-off process.