Closing a Business for Good: The Final Cash Sequence — Last Payroll, Deposits Returned, Stock Sold Down and Money Set Aside for Final Bills
Closing a business for good is not one decision but a sequence of money movements, and the order matters more than the speed. Closing business final cash steps wind down correctly means stopping new commitments first, converting everything you can into cash, paying people in the right order, and keeping a reserve for the bills…