SELL OR Close Your Business
SELL OR Close Your Business
You’ve built a successful business from the ground up. Perhaps now’s the time to exit and move on to your next idea. Learn more about the process of closing your business.
Selling Your Business
Deciding to sell your business depends on various factors. The sale of a business may lead to a significant payout, monetization of the value you've built, and freeing up time. However, business sale is complex. It often requires the founder to scale operations to the extent that business success is not dependent on one person. It also requires significant preparation as the business owner prepares accounting, operations, sales, and other functions for a potential transition.
Purchasing or Selling a Business opens in a new tab - Utah State Tax Commission
Learn what Utah law requires if you’re selling or purchasing a business.
How to Dissolve a Business
A corporation or other business entity may cease operations for many reasons and in a number of ways. When a business is terminated or its legal status changes, there are licensing and regulation requirements that must be met.
How to Dissolve a Business opens in a new tab - Utah.gov/business
Learn about licensing and regulation requirements that must be met when dissolving a business.
