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Pittsburgh, PA - Business Law - Terminating Operations

Terminating Operations

One of the most difficult decisions business owners face is whether to close their company.  When facing this situation, owners need to review their company’s accounting and financial information and determine the sustainability of their operations. Unfortunately, sometimes the numbers don’t add up. Low profits, economic downturns, unavailable resources and tough competition can all contribute to this scenario.

If you are considering terminating operations for any of these reasons, or are simply winding down operations to transition into a new phase of life, the right legal counsel can prove invaluable to accomplishing your goals.  Often, closing down a business and providing for owners, family and other key contributors moving forward involves the same amount of attention and planning as establishing the business.  Ensure your interests are protected by setting up a consultation with Allegheny Attorneys at (412) 963-8495.

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