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14 Jun

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What to Expect During a Business Liquidation

What to expect during a liquidation of a company?

The decision to liquidate your business may not have been easy, but it can be made easier with the right partners and resources. When a company goes into liquidation, its assets are sold so that the creditors are paid what they are owed. It is only after this process of selling assets that the company is considered liquidated. Whether you’re voluntarily closing your company or have been ordered to do so by a court petition, the process is standard with a few variations but the same end result. You’ll Need to Learn About Business Liquidations Begin by familiarizing yourself with the various kinds of liquidations…

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31 May

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4 Smart Things to Do With Excess Equipment

4 Smart Things to Do With Excess Equipment

Most businesses dealing with the coming and going of market trends will be all too familiar with surplus inventory. Excess equipment can be a double-edged sword. On the one hand, you have equipment handy to use later or if market trends change again. On the other hand, so much stock lying around can take up…

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24 May

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Why Appraisals Are so Important Before Auctions

Why Appraisals Are so Important Before Auctions

Auctions are a great way to get rid of surplus inventory of any kind, including machinery, equipment and personal property. Not only are you able to sell your assets in bulk rather than individually, but you also get your money in cash and all in one go. Auctions are great if you wish to save…

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26 Apr

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Debunking 4 Common Myths About Liquidation Auctions

Debunking 4 common myths about liquidation

Liquidation auctions are a great way to buy and sell various items in an easy, efficient, and cost-effective manner. Whether you’re looking to liquidate your unused stock or used inventory, auctions are a great way to recover your loss margins. Our team of professional liquidators at Michaels Global Trading have been handling auctions in Toronto…

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15 Apr

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How to Prepare Machinery for a Liquidation Auction

How to prepare machinery for a liquidation auction

If your business is considering liquidation and you deal with heavy machinery, then you’ll likely be familiar with liquidation auctions. If you’ve got surplus stock or items that you need to get rid of and want to make a quick buck while doing so, then machinery auctions are a great choice for you. Many companies…

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