Winding-up a Business Venture

This topic explores methods of winding up a business, including formal processes like liquidation and bankruptcy, and informal methods such as asset sales. Learners will outline steps for dissolving a business, managing debts, and deregistration. Understanding business closure is part of the entrepreneurship component in the CBC and is relevant for ECZ examinations. It prepares Zambian students for real-world business management, supporting financial literacy and responsible enterprise practices.