A company closure occurs when the creditors of the company (the people to whom the company owes money) bring an action to have the company liquidated because they had not been paid. It can also be brought about by the shareholders of the company.
If you have equity investors, your exit strategy informs your investors and management team when the big return on their investment will be cashed in and what will make that situation possible ...
When a private company decides to sell some of its shares to the public by “joining” or listing on the Stock Exchange, the company is referred to as “going public" ...
When a person in business or in partnership (with unlimited liability) is unable to pay their debts when they become due, they are said to be insolvent. As soon as someone is unable to pay ...
A receivership comes about when a company defaults on its secured borrowings. These borrowings are usually from a bank or another lending institution that has in place a security for their loan ...