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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