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

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

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.

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

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.

You should engage a liquidator as soon as possible. Selling some of your assets can be a great way to recoup some money to pay back any outstanding debts and avoid bankruptcy.

This depends on the type of assets being liquidated and the business model of the liquidator. Some liquidators like to perform on-site / auction sales from the sellers location or remove all assets to bring to their warehouse for processing. Normally with an on-site / auction sale the seller can expect to pay some marketing cost but will recoup that cost from the profits when the assets sell. If the assets are being removed the seller can expect to be paid immediately upon removal.

If you’re selling your assets to a liquidator then there are no costs that you will incur because liquidators normally pay the seller and organize all logistics for removal.

The assets are sold and the proceeds are spilt amongst the creditors. Creditors that have secured debt against the company are paid first leaving unsecured creditors sometimes with little or nothing.

The number one thing you should look out for in your commercial lease when decommissioning an office space is how the property management wants you to leave the space once vacated. There is a common term used in this industry called “landlord ready”. This means the space should be completely emptied – removing everything from the walls and ceiling and having the floors broom swepted.

Not all moving companies provide end to end support. Office space decommissioning is more than removing furniture and equipment. Sometimes it involves buying remaining assets to help the client balance out the cost of a decommission service.

The first step is completing a walk through to get a detailed inventory and photos of what is to be decommissioned. The second step is to evaluate what has resale value or scrap metal value then subtract those numbers from the overall cost of the decommission. This process saves the client some money. After the quote is finalized another meeting takes place to discuss timelines, expectations and any other pertinent details. The movers then execute what has been planned by both parties.

We normally have 3 avenues for old furniture. It can either be resold domestically or internationally, donated or recycled.

Tipping is up to the client’s discretion.

There are many places to donate used office furniture. Habitat For Humanity is one of the biggest in the GTA.

97% of old electronics can be recycled for scrap value.

Most large companies have contracts in place with recyclers where they fill a bin on-site and its either picked up on call or checked on a monthly basis.

You can remove the hard drive and destroy it or you can pay a certified destruction company to do it for you.

FSN stands for fast-moving, slow-moving and non-moving items. Essentially, this segments inventory into three classifications. It looks at quantity, consumption rate and how often the item is issued and used.

We sell directly to wholesalers, dealers, online/offline retailers and importers/exporters.