Selling or Closing a Business

Selling or Closing a Business

Selling or Closing a Business
Giving up a small, private business is something business owners usually do not give a lot of thought to. However, it is an important consideration given the complexities involved when relinquishing ownership. The following topics cover information on ending your business:

• Selling a Business
• Retiring Entrepreneurs
• Succession Planning
• Bankruptcy
  

Selling Your Business with no GST/HST Payable
If you are selling your business or part of your business, you can jointly elect with the purchaser to have no GST/HST payable on the sale.