All good things must come to an end. Liquidation is a way to make the most of your company’s closing. Liquidation helps salvage what’s left of a company so that creditors can be satisfied. It’s important to have liquidation specialists on hand to assist throughout the process. There are many steps to liquidation, all of which an Insolvency Practitioner can help navigate. The first step when liquidating a business…
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.
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!
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.
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.
Every appraisal is different and has specific requirements. The cost is directly linked to the scope of work involved.
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.
Majority of appraisal reports will have equipment values and a synopsis of how the appraiser came up with the values given.
Some commons reasons for an appraisal are mergers & acquisitions, business valuation, bankruptcy, financing & SBA lending, insurance, buy and sell agreements or partnership dissolutions.