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Michaels Global Trading helps businesses across North America as they liquidate their office furniture, IT equipment, construction equipment, and more!

FAQ

At Michaels Global Trading, we believe in transparency with our clients. Keeping you informed throughout each step of your business decommission or liquidation services increases a successful outcome. Another way we keep clients informed is by answering questions. Here are some of the most frequently asked questions we receive.

Interested in learning more about Michaels Global Trading, or have more questions you need answered? We are happy to help. Call us at 1-888-902-7531 today.

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What are liquidation items?

Liquidation items can be anything that can be sold from a business to generate cash flow. Examples would be furniture, computers, machinery, vehicles, fixtures etc.

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Is there an exact value to my assets?

The simplest answer is no. There are many factors that affect the value of your assets. Some examples would be market conditions, supply and demand, age, condition and location.

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How much does an appraisal cost?

Every appraisal is different and has specific requirements. The cost is directly linked to the scope of work involved.

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How long does an appraisal take?

That depends on several factors; first, how much equipment is being appraised. Appraising a large machinery shop with hundred’s of pieces will take significantly longer than appraising a small mom and pop business.

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What can I expect in my appraisal report?

Majority of appraisal reports will have equipment values and a synopsis of how the appraiser came up with the values given.

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Why do I need an appraisal?

Some commons reasons for an appraisal are mergers & acquisitions, business valuation, bankruptcy, financing & SBA lending, insurance, buy and sell agreements or partnership dissolutions.

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How do I safely wipe data from my IT equipment before removal?

Currently, Michaels Global Trading doesn’t offer data destruction services, although we are happy to help you dispose of other types of e-waste. We recommend removing and destroying your hard drive directly or working with a certified data destruction company. This ensures all sensitive files are removed from IT equipment before it is resold.

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How do large companies recycle electronics?

Many large businesses partner with recycling experts to ensure all electronics are properly disposed of. Depending on the number of electronics decommissioned on a regular basis, the recycling specialist may leave a bin on-site at the business to be filled and picked up. In cases of large-scale electronics recycling, such as the downsizing or closing of a business, decommissioning professionals like Michaels Global Trading will come to your business, assess individual electronic components, and deliver unusable items to the proper recycling facilities.

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How can our business dispose of electronics responsibly?

In North America there are strict guidelines on the disposal of e-waste, especially batteries, cathode ray tubes and wiring. Fortunately, up to 97% of the electronics in your business can be recycled, minimizing your carbon footprint.

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Our business uses a range of furniture and equipment, including racks, shelving, and electronics. Can you liquidate everything on-site?

Yes. Michaels Global Trading offers professional appraisal services and can evaluate all assets on site for sale. When we manage liquidation, we often purchase the entirety of your decommissioned equipment and furnishings and resell them through our network of vendors.

Brainhunter Systems Ltd

BEST IN THE INDUSTRY! That’s how we would describe Michaels Global Trading. They took all the headaches for our office move, decommissioning office cubicle, and did everything at a great price. They planned everything ahead of time and were on time to finish the job. Marlon, Mario, and team were extremely professional. They were fast to respond, fair in prices, and extremely service oriented. We would recommend them to companies who are planning an office move or decommissioning office furniture or equipment. – Brainhunter Systems Ltd.

Gameloft Toronto

We engaged Michaels Global Trading to remove and dispose a large quantity of office furniture during renovations. Marlon and his team were professional, efficient and made our jobs much easier. It was nice not having to deal with all those desks ourselves!

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