When a Business Fails: Legal Steps Founders Must Take I Business Lawyer explains
Автор: Business Law Toolbox
Загружено: 2026-01-22
Просмотров: 16
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No one starts a business planning to fail — but knowing what to do if it happens is part of being a responsible founder.
In this episode of Business Law in Under 3 Minutes, our business lawyer Kat walks you through three essential legal steps you need to take if your business fails.
This is the boring part — but getting it right can make the difference between a smooth exit and long-term legal, financial, or personal stress.
With over 17 years of experience, Kat explains how to:
Handle the legal clean-up properly
Close things down in a structured, professional way
This episode is about clarity, responsibility, and protecting yourself — so you can move forward with confidence, whatever comes next.
You’re on the right side of YouTube.
Here, we help founders deal with the hard parts — so they don’t become harder than they need to be.
Our business lawyer Kat answers the questions founders don’t always want to ask — but need to know.
Business law in under 3 minutes — let’s go.
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The purpose of this video is knowledge sharing - not legal or financial advice. The content
provided in this YouTube channel should not be considered as a substitute for advice from a
lawyer or other professional. You are fully responsible for ensuring that you procure
sufficent legal and financial advice in relation to your business, legal and other matter.
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