About Business Closure Guide

This guide helps business owners work through retirement, closure, a premises move or a smaller operation. It focuses on decisions that affect the equipment, stock and contents a business may need to sell.

Business Closure Guide is part of the UK Auction Group portfolio. The commercial aim is to introduce owners with assets to sell to UK Auction Group. The articles should also help you prepare, whether or not you make an enquiry.

What the articles cover

Business transitions connect several jobs. A final customer order may delay a machine's release; a move may leave a working line behind; a retiring owner may still hold information nobody else has. The guides explain those decisions and suggest records, questions and practical next steps.

Evidence and review

We use official and primary sources for material factual claims and link to them where they are relevant. Illustrative scenarios are labelled. We do not present fictional examples as completed client work or promise a particular sale result.

Articles receive a writing and source review. They are general preparation guidance. Employment, legal, tax, insolvency and technical decisions may require advice from an appropriately qualified person who knows your circumstances.

The guide does not claim that an unnamed professional approved an article. If something needs checking, raise it with the relevant adviser before acting on it.

Questions and corrections

Contact UK Auction Group with the article address and the point you want to discuss. For an asset sale enquiry, describe the business situation, assets, location and any deadline.