Carr Law Firm, P.A.
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407-426-9300 888-351-0905

Don’t lose it all when you close a business

Running a business in Orlando is complicated and challenging, and it requires business owners to make some difficult decisions. One such decision could be deciding to close. Sadly, many business owners across the U.S. are making this very decision right now according to a recent report noting that, for the first time in several decades, the rate of company closures is exceeding the rate of company formations.

This means that if you are thinking of closing your business, you are not alone. However, you must also keep in mind that closing is as much a business decision as starting a company or merging with another company, and you will want to be cautious in how you proceed.

There are several ways to protect yourself, you investment and your established relationships and partnerships, even when you are closing.

  • Settle outstanding debts
  • Make sure your employees receive their last paychecks
  • Terminate any commercial lease you have
  • Notify customers and/or clients
  • File any necessary paperwork with state or federal agencies
  • Cancel licenses and permits to ensure no one else can use them

Doing these things can give you considerable peace of mind and ensure you don’t burn any bridges that could be important in the future. Further, if you do decide to reopen or start a new business, you can do so with a reputation that is intact and untarnished by legal claims and bitter disputes.

It can be incredibly difficult to tackle all the legal elements of dissolving a business alone, especially considering the emotional toll this type of event can take on business owners. Because of this, the guidance and support of an attorney can prove to be quite valuable. With legal representation, business owners across Florida can secure the help they need to make a very stressful situation a little easier to get through.

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What Clients Say About Carr Law Firm

  • Pete Carr has represented my companies for the past several years. He has handled all of the companies litigation needs along with providing legal counsel and legal documents as needed. Pete is always extremely professional but the thing that I like the most about Pete is how responsive he is when needed.
    Danny Quinn, President
    Quinn Commercial, Inc and Quinn Contractors, Inc.
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  • Peter Carr of the Carr Law Firm, P.A., has represented various companies I owned since 2009. Mr. Carr is a great talent in landlord/tenant disputes and general corporate litigation. In every case he has represented me in, he researched and advised me of the best solutions to either settle the case or to fight.
    Abdul Mathin
    Blackmine Property Management
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  • Pete has been my attorney for many years. I previously worked with other attorneys and what I like about Pete is that he looks at all angles of the situation and gives me advice that is in my best interests, even if it’s not what I want to hear. When necessary, he litigates aggressively.
    Vincent F. Wolle, CCIM, SIOR
    Broker-Investment Partner
    Results Real Estate Partners, LLC
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Carr Law Firm, P.A.
203 E. Livingston Street
Orlando, FL 32801

Toll Free: 888-351-0905
Phone: 407-426-9300
Fax: 407-426-9304
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