Going into liquidation can be a complex, chaotic process that no business owner wants to go through. Unfortunately, not all businesses are successful, and some companies are forced to close their doors and go into liquidation. But how can you tell if your company is heading toward liquidation? Here are three signs that could indicate your company is going that way.
1. Your Accounts Are Overdue
If your accounts are overdue or unpaid, this is a sign that your business may be headed for liquidation.