Liquidating your business is likely to be the simplest exit strategy to perform, but is also likely to deliver the lowest return on your investment. In its simplest form the process is one of pulling down the shutters on your business and putting all the assets up for sale. Finally you would pay off all remaining creditors with the cash you make from this process and walk away with whatever is left.
This exit strategy is fast and relatively simple, and may be your only realistic option, especially if yours is a small business that requires you to operate within it in order for it to function.
During a liquidation sale some assets have a high value, such as land, property and possibly intellectual property. On the the reverse side of this is the second hand value of business assets. Even in a buoyant market the resale value of items such as equipment, machinery and inventory can be very low. Additionally, liquidating your business can have an adverse affect on employees, clients and any customers who have come to rely on your business being operational.