BOOK 01

Business Closure Is Also a Strategy

A practical guide to minimizing risk during business closure

Business Closure Is Also a Strategy book cover

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