Knowing when to wind up a business
Last month, a liquidator was appointed to Opsh, the online fashion marketplace founded by Jennie McGinn and her sisters. Here, she outlines some of the reasons why they decided to fold
Ever wanted to set up a business? Go out on your own? Jump into the high-velocity start-up industry? The advice around setting up a business is plentiful; there are books, white-papers, accelerators and entire organisations dedicated to the start-up industry. As long as you have an idea, some cash and a heap of chutzpah, you can learn everything else as you go. But what about folding?
There is little in the way of meaningful advice...
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