I’m closing my ecommerce business and there is $20k in debt to be paid. I should have shut it down two years ago but I thought I could turn things around. I still think I could but I don’t have the energy anymore. I no longer trust my own judgement.
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LLC stands for Limited Liability Company, a type of business structure that
A Limited Liability Company (LLC) has the tax benefits of a partnership
If you have a small business, you need to have business health
Is it a dba? If so, Can you do a liquidation sale on the assets?
Thanks for the reply. It is an LLC. I will sell the assets but that will not eliminate all the debt.
I don’t have a solution, but can offer ‘comfort’ for what it’s worth.
It’s entirely natural to lose energy and doubt your judgment. And very common among entrepreneurs.
It could be an early stage of burn-out – in which case you’ll be wise to act accordingly and ease off before it really gets to you (which most of us don’t become aware of until too late.)
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