Please upgrade your web browser

These pages are built with modern web browsers in mind, and are not optimized for Internet Explorer 8 or below. Please try using another web browser, such as Internet Explorer 9, Internet Explorer 10, Internet Explorer 11, Google Chrome, Mozilla Firefox, or Apple Safari.

Should I just allow my business to "die" on its own or look for a partner or other avenue?


David George Port Saint Lucie, FL

I formed an llc for the purpose of investing in real estate and for about 6 years had a viable business before I sold my investment properties. I'm finding it difficult to motivate myself to continue with this type of business and have not been able to find a viable type of business to convert to a "DBA" as another type of business. What do you suggest if anything?

16 September 2022 2 replies Small Business



Paul Tusting Salt Lake City, UT

As James suggests, if your heart isn't in it any more, and you've successfully transitioned out of it already, maybe try something else.

If the business doesn't have any major assets at this point, it likely isn't very appealing to a partner or investor or buyer (unless you've built some sort of major brand or proprietary network).

In general, starting a new LLC isn't very expensive or complicated. It may make sense to close the current one down to keep your books clean and eliminate any liability coming into your next venture.

Hope that helps, Paul


James Watters Norman, OK

Sergeant George -
Successful businesses equate to long hours, hard work and good luck. Motivation is a MUST to achieve and keep a successful business. If your heart and soul aren’t in it, save yourself lots of headaches and liquidate the assets.

Go Army

Your Answer

Please log in to answer this question.

Sign Up

You can join as either a Veteran or an Advisor.

An Advisor already has a career, with or without military experience, and is willing to engage with and help veterans.
Sign Up as an Advisor.

A Veteran has military experience and is seeking a new career, or assistance with life after service.
Sign Up as a Veteran.