Guides

When to Shut Down vs Restructure a Business

The right answer is rarely about optimism versus pessimism. It is about whether the business still has enough runway, trust, and going-concern value to justify a restructuring, or whether a controlled exit is now the more responsible path.

This guide is built for boards, founders, lenders, investors, and counsel who need to decide whether a company still has a realistic restructuring thesis or whether an orderly wind-down, sale, ABC, receivership, or Chapter 7 path now preserves more value.