02 Jul

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How To Approach The Sale Of Liquidated Assets

Approach On The Sale Of Liquidated Assets

An asset can be considered almost anything, but it’s usually something of value such as a property. When you are downsizing or file bankruptcy, assets must be sold off (liquidated). There are two types: liquid or non-liquid. They’re based on their liquidity which signifies the conversion of fixed assets into liquidated assets. A business will also liquidate when closing their business or when selling overstock or surplus to salvage a margin of returns. There are many ways to do asset liquidation including whole lot purchases and auctions. Whole Lot Purchase Having a surplus of inventory or other goods can be costly, especially for manufacturers and…

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19 Feb

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How A Reverse Logistics Plan Will Help Your Business

How To Streamline Your Business With Reverse Logistics

When running an import and export business, managers typically stop assessing the success of their supply chain and products once they’re shipped and delivered on time. Although this is a good way to track the efficiency of the logistics system, it also assumes total customer satisfaction, yet this is not true. According to recent statistics,…

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12 Feb

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Selling Off Your Assets: Auction Vs Whole Lot Purchase

Asset Liquidation Options

When looking to sell liquidation assets or turn overstock, surplus, or obsolete merchandise into cash, there are a few liquidation options available to you, including whole lot purchases and auctions. Knowing the difference between these two types of sales can help you make the right decision for disposing your company assets depending on your needs.…

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05 Feb

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Protecting Your Brand While Exporting Overstock

3 Tips To Start Exporting Your Surplus Inventory

The growth of the online marketplace has created many new opportunities for both individuals and companies to sell all kinds of merchandise. Import and export businesses now have low-cost, direct access to customers around the world through their own websites and other online marketplaces like Amazon, eBay, and Alibaba. When exporting store returns and/or overstock…

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24 Jan

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How To Avoid Bankruptcy

How To Avoid Bankruptcy

While some people view filing for bankruptcy as the quickest way to get out of debt and start anew, the process is not nearly as smooth and hassle-free as you might think. Though some of your debts will be discharged, the incident will appear in your credit report for at least the next seven years,…

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Michaels Global Trading

114 - 65 Shuter Street, Toronto, Ontario, M5B 1B2, Canada

sales@michaelsglobaltrading.com
647-821-9961