how long does it take to wind up a business 
there are multiple steps in winding up a business it takes approximately two to three months to enter the liquidation process from there the liquidation process can last a few months to a year depending on how long it takes to sell off assets the bottom linecompanies close for many reasons either because they enter bankruptcy are legally required to or decide to sell off a non profitable business voluntarily when this happens the process of winding up begins which is the complete cessation of business activities and the selling off of assets 