We’ve all heard the terminology but what does going into liquidation, administration or being insolvent actually mean…and is it always a bad thing?  As a business owner, it’s essential to be aware of what each of these terms mean as they differ slightly from each other and allows you to then assess your options if your business is struggling.  Join Alex and Dave as they discuss Liquidation, Administration and Insolvency, the myth that it’s all doom and gloom and the risks that each process can bring.  #WealthActivism #legal #podcast #melbourne #businessowners #business David Murdoch is a Wealth Activist® at paxtonbridge.com. Alex Martin is Partner of tauruslawyers.com.au. No drinks were harmed in the making of this episode.