Business Closure Is Also a Strategy
A practical guide to minimizing risk during business closure
Book Information
- Title
- Business Closure Is Also a Strategy
- Original Korean Title
- 폐업도 전략이다
- Subtitle
- Risk-Minimizing Business Closure Strategy
- Author
- Jongheon Kang
- ISBN
- 9788993409345
- Product Type
- Printed book
- Kyobo Product Code
- S000001525237
Book Overview
Business Closure Is Also a Strategy is a practical guide for small business owners who need to reduce risk and organize a structured business closure process.
Closing a business is not simply stopping operations. It involves financial review, contract settlement, inventory handling, customer communication, debt management, administrative procedures, and future restart planning.
This book approaches business closure as a strategic decision that can reduce loss, protect the owner’s next opportunity, and prevent unnecessary risk.
Main Topics
Closure Decision
Reviews when a business should continue, reorganize, downsize, or close.
Risk Reduction
Covers ways to reduce financial loss, contract risk, inventory burden, and operational damage.
Cost Structure
Examines fixed costs, rent, labor, materials, debts, and cash flow before closure.
Closure Process
Organizes practical steps for shutdown preparation, settlement, customer notices, and documentation.
Restart Planning
Explains how business closure can become the basis for a future restart or new business direction.
Consulting Perspective
Provides a consulting-based framework for reviewing business closure with less emotional bias.
Recommended For
- Small business owners considering business closure
- Store operators facing declining sales and rising fixed costs
- Entrepreneurs who need to reduce business shutdown risk
- Owners preparing a restart after closing a business
- Consultants and advisors supporting small business restructuring
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All Books
View the full list of books by Jongheon Kang.