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CLOSING YOUR BUSINESS THE RIGHT WAY

Nov. 11, 2020 • by Jeffrey Pote

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Next Wednesday, November 18, 2020, I will be speaking on a virtual panel discussing how to close your business the right way. In particular, the webinar will focus on the legal and financial implications of closing a business and how business owners can exit their business while minimizing the personal impact on individuals, whether owners, employees, contractors, or others connected to the business.

There are various reasons why owners may want to close their business from financial troubles, to other priorities in their lives, or even because those owners are ready to start a different business. Regardless of the reason, failing to take the proper steps and leaving important tasks undone can result in continued business liabilities or penalties for unpaid taxes. Even if your business is flourishing it’s still a good idea to understand the rights steps to take when you’re ready to exit or close down a business.

The webinar is next Wednesday from 5:30 p.m. to 7 p.m. MST and is entirely free to join. If you’re interested in joining, please register here: https://micasaresourcecenter.org/calendar/whats-next-for-business-series-closing-your-business-the-right-way/

A 'Closed' Sign hangs on a glass window of a store as blurred lights shine in the background.

This event is the third part of a three-part webinar series hosted by Rocky Mountain Employee Ownership CenterFN1, Mi Casa Resource CenterFN2, Mile High ConnectsFN3, Good Business ColoradoFN4, and the Center for Community Wealth Building.FN5

In these challenging times, we remain committed to doing what we can to share prosperity while reimaging a sustainable economy for Colorado and beyond. If you're unable to join us, but would be interested in future events, please follow us on social media to get more immediate access to firm news and announcements!

We're proud to operate as a sustainable and public-benefit business, and we're happy to help others do the same! And if you are looking for ways to create a positive impact, please Reach out, Today!

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FN1: Rocky Mountain Employee Ownership Center is a nonprofit organization whose mission is to change the current economic system to a system of inclusion by providing pathways to and advocating for employee ownership.

FN2: Mi Casa Resource Center is a nonprofit committed to closing the prosperity gap for women, minorities, immigrants, and families with limited resources, helping them achieve success in education, employment, and business ownership.

FN3: Mile High Connects is a partnership of public, private, and nonprofit organizations whose mission is to prioritize and increase equitable investment into community solutions by advancing collective action among nonprofits, community organizers, private and public sector partners, influencing how vulnerable communities experience growth. They are committed to increasing access to housing choices, good jobs, quality schools and essential services via public transit.

FN4: Good Business Colorado is a grassroots organization that helps give a voice to values-driven businesses by advocating in collaboration with its members for a prosperous economy, equitable communities, and a sustainable environment.

FN5: Center for Community Wealth Building is a nonprofit organization whose mission is to mobilize, facilitate, and coordinate community wealth building efforts with the practical objectives of widening community education on economic alternatives, enhancing diverse participation and fostering viable projects for the creation of just and sustainable jobs and democratically-owned businesses in the region.

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