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What exactly does liquidation do for me and why would I ever consider?

I have been wondering what exactly does liquidation do in my benefit? Because my family has been bugging me to liquidate my trading business but I don’t see any upside to such movement, I don’t think it would be wise for me to let go of this business especially knowing that I wont have enough money to improve the business and yet I dont want to let it go, any thoughts?

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    Mate I don’t think you need not worry about how it will benefit you just as long as that trading business of yours is still working but I don’t think It would be still ideal to keep holding onto it since it doesn't have its benefits, you will mainly have to liquidate your business if you choose to give up on that business, Cheers!

    2020.03.24 15:44

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