Phoenix Business Dissolution Attorneys

Going into business is an exciting time. You become your own boss, you get to hire employees and give them work, you serve your target audience, and you even have a partner who’s fully on board with your wants and needs.

Yet the unexpected can happen: the business isn’t going well, the partnership turned into something you didn’t anticipate, or personal matters outweighed the benefits of owning this business.

Whatever the reason, it may be time to start thinking about dissolving your business. It doesn’t mean that another business venture is not on the horizon—it just means the time for this idea has come to an end.

How to Dissolve a Business?

We recommend making sure you have the right attorney on your side. This is absolutely a legal matter. Sometimes, in the honeymoon stages, business partners didn’t think of having legal agreements and legal safeguards in place. This happens more than anyone would think, which is why business dissolution attorneys exist.

Is There a Benefit to Dissolving a Business?

Many times, when business is slowing down, you have to make the tough call of evaluating profit versus loss. In addition to possibly not bringing in enough money, you continue to pay taxes and fees to your state to keep your corporation open. At one point, you have to weigh the pros and cons of dissolving the business. It’s a smart move, and it makes sense depending on the situation.

Can Cronus Law PLLC Help?

Absolutely. We are Phoenix business dissolution attorneys, and we know exactly how to help you. Because we’re local, we know the law and how it applies to our state. Dissolving a business doesn’t have to be a hassle, and things don’t have to get ugly. When you make the decision to dissolve your business, we can help to ensure that the process is a respectable separation of assets.

What is Cronus’ Law Experience?

We are a full-service law firm that provides services to the Phoenix, AZ area and surrounding cities. We practice Business Law, Civil Litigation, Employment Labor and HR Law, Corporate Counsel and more. Our combined team brings decades of experience to the table. Our attorneys are professionally and academically trained and are some of the best in the city.

We’ve learned that people don’t want to hear legal jargon, they want results. This is why we take complex law and simplify it for each and every one of our clients. Many cases have to do with someone’s livelihood, and it’s important to understand the legalities of the case well. We make it simple. We make it right.

Request a Consultation

Because dissolving a business can be extremely overwhelming, the first thing we ask is that you contact us. To request a consultation, send us an email at admin@cronuslaw.com, or call us Monday through Friday from 8 a.m. to 5 p. m. at 480-418-9290. You don’t have to do this alone. Cronus Law PLLC is here to help. Give us a call today.