Tips for Winding Down a Small Business

I was saddened to recently to hear the news that the Innsbrook Foundation was dissolving, an unfortunate fate for an organization that had served the Innsbrook community so effectively for over 30 years, but an inevitable part of the life cycle of any nonprofit organization or business entity. The COVID-19 pandemic has been a catalyst for the dissolution of many small businesses and nonprofit organizations over the past 18 months. If you happen to be facing the same tough questions with your business or nonprofit organization, take a look at this short article outlining some of the key issues to consider when winding down a small business.