When planning to renovate, relocate, or close your business, you will likely be faced with the huge task of getting rid of the office furniture and equipment that is no longer needed. So how do you get the best and fastest return on investment on used office furniture, cubicles, cabinets, chairs, desks, electronics, and supplies…

If you’re a business owner, life can throw curveballs that are out of our control. Layoffs, unexpected office expenses or a sharp economic downturn can take a toll on our finances. Many business owners will take out loans to handle these surprises. But what happens when you’ve gone too deep and cannot afford to maintain…

An asset is an economically valuable resource that provides benefit to an individual or business. It can be classified as liquid (short term) or non-liquid (long term). Liquid assets can be quickly converted into cash with minimal losses. Bank notes, short-term promissory notes, treasury bills and other government bonds and bank accounts are examples of…

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…