Drum-Buffer-Rope is an intuitive solution to a seemingly complex problem. DBR is seen in many areas including Agile Development, Manufacturing, and Medicine (Emergency Room Visits). Itâs an effective business tool to manage the constraints that every business faces.
There are also a series of meetings and communication that the liquidator is bound to action and they will need to keep creditors informed as to the progress of the liquidation. Liquidation also means that the conduct of the former directors will be examined.
Liquidation sometimes refers to the process of closing a Business. Liquidation technically is part of the Winding Up process, some form of which which all states require in order to legally close a Business.When a Corporation or LLC is initially formed it has to register with the state agency responsible for administering business records in that state.here is usually a small fee for the filing of Articles of Dissolution. Some states do not charge a fee for filing Articles of Dissolution. Dissolution, along with Liquidation is part of the Winding Up process that is required in order to legally close a Business.