Liquidating business inventory
If some items need painting, repair or general cleaning, take care of it at this stage to maximize sale prices.
As you liquidate these assets, you'll also want a record of the marketing process, purchaser, and the amount received.
Before liquidating assets it may be helpful to consult your lawyer and accountant or other tax professional for assistance in planning the liquidation.
Also, remember that if you are liquidating assets to satisfy creditors you may need to obtain their consent to do so.
With over a decade of specialization in the liquidation industry, Via Trading has a wide global reach, resale channel network and a leading reputation in the industry.
We create a customized solution to liquidate your inventory that is designed meet your needs.
Ship the goods to our warehouse for liquidation at auction, and receive payments within 1 week of each auction.
But there are different classes of creditors that determine in what order they are paid.At H & J Liquidators and Closeouts, Inc., we buy products in all of the categories available on our website including seasonal merchandise, jewelry, housewares, office supplies and more. If it doesn’t fit one of our categories, call us anyways. We purchase various types of closeout products including excess inventory, general merchandise, liquidation merchandise and closeout products, offering you a lucrative way in which to turn your overstock and extra items into money that you can reinvest in your business.Based on the quantity available, the mix of products and the desired recovery, it can be worthwhile to sell the liquidation lot in small quantities to many buyers until it sells out.Inventory the assets your business owns and wishes to liquidate.Your list should include a detailed description of each item, photograph, purchase information, condition, warranty certificates and repair records, if applicable.