Office Liquidation: The Benefits

03 May 2019
Benefits of office liquidation

Many companies in Canada will have to liquidate their office appliances, equipment, and electronics at some point during their corporate lifecycle. However, learning how to liquidate or deciding on which company to go with in order to maximize one’s return on investment can be a daunting and confusing task. However, learning the ins and outs of the office liquidation process can yield great dividends in the long term. Here, we discuss some of the most common benefits associated with office liquidation and how your company can benefit from them.

Add Value

When you liquidate your office appliances, furniture, and electronics you add marked value to your corporate expansion efforts, as well as remodelling, business relocations, and other building related initiatives. For instance, if you plan on relocating your headquarters then individual work areas and departmental work stations will need to be changed to accommodate the new changes.

In many cases, old office supplies and appliances will need to be eliminated in order to make room for newer and more advanced equipment in order to ensure that your company stays up to date. Also, in some instances, a company may opt to only eliminate a segment of its appliance inventory in order to make room for some of their other office equipment.

By doing so, they can save money that would have gone toward office related expenses while also making more efficient use of their existing office equipment. Then all the company needs to do is add furniture, electronic appliances, and the like on a need-only basis, which will save them more money in the long-run.

Make Money

When you work with an office liquidation company they will assess or appraise the value of each individual office item if need be. For instance, they can assess the individual value of each computer, desk, chair, cubicle, and conference room furnishing in your office and will then either buy the items or sell them to a third party on your behalf. The best office liquidators will work tirelessly to get the most value for each item, as they are expert negotiators who are masters of their craft.

More Convenient

Many office liquidators go above and beyond the call of duty to ensure that their clients are not only satisfied but elated. To do so, many have in-house factory and warehouse teams that are fully equipped to handle all of the physical aspects of the liquation process if needed. Evidently, there will be some minor costs associated with the transport and collection work that needs to be done in order to take care of any unwanted office supplies and equipment that you want to liquidate.

However, the costs are minimal and the return on investment is usually significant, as trying to keep all of your unwanted items in the office will take up unnecessary space. You will also likely need to spend a significant amount of time trying to sell items on your own from your office, either individually or in bulk. Those who are thinking of selling online will also need to deal with shipping hassles and seller fees when they sell through online auction sites such as Amazon and eBay, and items can also get lost or damaged in the mail, which can cause further inconveniences and hassles.

Working with office liquidators can yield many benefits, including not having to waste time and money hiring someone internally to move unwanted electronics and furnishings for you, and also not having to worry about having to pay high taxes that you would incur by keeping unused inventory in your office.

Tax Benefits

Did you know that there are certain tax benefits that you can take advantage of by working with an office liquidator? For instance, you can decide to donate any unwanted appliances or furniture to a local charity, and take advantage of a tax write-off that is equivalent to the current value of the equipment. In fact, an office liquidator will take care of all of the work for you.

That is, they will coordinate the pickup of the equipment you wish to donate, provide the storage facilities for the equipment, and then deliver said items to a charity of your choosing. In the end, an office liquidators job is to make your life easier, by working around your schedule and maximizing your return on investment so that you can focus on more important corporate matters.

It is Eco-Friendly

Many office proprietors mistakenly assume that old or damaged electronics cannot be sold. However, many companies buy used or defective electronic items, such as laptops, tablets, and printers, and then repair and refurbish them so that they can be resold at a profit. Hence, working with an office liquidator is a very eco-friendly way to not only do your part for the environment but make money as well.

For instance, an office liquidator will help you get rid of your surplus old desktops and laptops and will also have stringent policies in place as to how they dispose of electronic items that do not sell. Considering that many electronics end up in landfills, where they pollute the earth and sometimes even leak noxious chemicals into the earth and water supply, the best office liquidators will ensure that any unsold products are disposed of in a safe and ethical manner, and will usually either recycle or donate unsold electronic goods or e-waste.

To learn more about how to liquidate all of your unwanted office appliances, equipment, and electronics, call Michael’s Global Trading at 888-471-5066 or contact us here.

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