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The LIV Golf Bankruptcy Is a Great but Cautionary Tale Small Business Need to Know and Heed

LIV Golf isn’t (err, wasn’t) exactly a household name, thought that failure certainly wasn’t for a lack of trying, and definitely not for a lack of funding. The tour debuted in early June of 2022, and after spending an estimated $5 billion, the enterprise announced its intention to file Chapter 11 bankruptcy only 4 years later. This, despite the organization streamlining the game of golf and bringing some of the biggest names in the game. Still, all that wasn’t enough, even though it started strong and looked like a real powerhouse.

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Imagine Selling Your Business…

How Would Your Life Change?

You didn’t start your business just to stay busy—you built it to create freedom, security, and options for yourself and your family. Selling your business can be life-changing, but the real question is whether you’re intentionally building toward that outcome or simply leaving it to chance.

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