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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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Our business is interested in donating our used office furniture. Where do we go?

Depending on your location, you may choose a local charity, community organization, or shelter to donate your equipment to. In the greater Toronto area, we often recommend Habitat for Humanity as a recipient.

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Do I tip for furniture removal? If so, how much?

This is a personal preference. Like many service industries, customers choose if, when and how much they would like to tip on top of the purchased service.

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Where do you take the office furniture when a business decommissions it?

Depending on your preferred method of decommissioning, we may choose to liquidate your furnishings for a resale profit, donate items, or recycle furniture which can no longer be used for its original purpose. Any items unable to be used a second time or recycled into a new product may be disposed of.

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I’m interested in your office decommissioning services. What should I expect from this?

After your initial conversation with one of our decommissioning experts, a member of the MGT team will visit to walk through your workplace, take inventory of the items that must be removed, evaluate based on fair market value and give you a competitive quote. Depending on your deadline for decommission, we may schedule another meeting to discuss the future of your project and what you’d like to see out of the process. Finally, office equipment is disassembled, organized, packaged, and removed. Debris is cleared and swept, and your office is left just as your lease specifies.

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Do all office decommissioning services offer beginning to end transitions?

No. Just as there are no two businesses alike in your industry, Michaels Global Trading differs from other decommissioning and liquidation experts. We work with clients from start to finish, ensuring no equipment is left behind, and you have a smooth transition.

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Before decommissioning my office space is there something in my lease I should examine?

Your lease should have a section regarding the state it is left in following your disuse of the space. Often this means you must leave the office as you found it, including removal of wiring and connectors when applicable.

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Is there an advantage to using your service over a moving company?

The benefits of working with a decommissioning/liquidation company lie in the additional services you receive. Rather than simply moving your belongings to a destination you designate, MGT appraises the value of your office equipment, helps you determine the best way to remove it, and organizes your office decommission, ensuring you meet all lease contract obligations upon departure.

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How much will it cost me to liquidate my company?

Our payment for the liquidation management comes from the items being liquidated. In other words, in the end, you would be paid for your equipment and furnishings, rather than paying for our services. During the initial liquidation process, you may see some fees for marketing and sales. This is to encourage buyers prior to a liquidation resale or auction.

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During a Creditors’ Voluntary Liquidation, what happens to my company’s assets?

Liquidation for financial reasons, especially those relating to your creditors, results in the sale of assets. The money from this sale is shared among creditors, seeing secured debt creditors paid first, followed by unsecured debt creditors if there are proceeds left to be paid.

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Do my company assets have a specific value?

There is no exact number for your company’s assets. We appraise the belongings left in your office, warehouse, or retail establishment by basing their worth on the value of similar items being sold at the time. This depends on age and quality, among other factors. MGT strives to ensure our clients get the most back on your assets possible. We use a variety of sources to determine fair market value, orderly liquidation value, or forced liquidation value, depending on your financial and scheduling situations.

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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