Auctioneers can liquidate the assets of a business in a single day.
As a result of today’s poor economic conditions, there are a large number of businesses in the U.S. that are closing up shop. Many business owners who had hoped to sell their businesses in pursuit of retirement or other interests are discovering that there is not a market for their company. This is true of all types of businesses ranging from a small company with two employees to larger corporations with several hundred employees. For most business owners the final source of income is in the equipment, tools, supplies, inventory and other items of value that were used in everyday operations. While some owners may attempt to sell the assets on their own, they quickly realize how much effort and time it can take. It can involve many months or even years to sell these items with conventional sale methods. Savvy business owners recognize the time value of money and opt to engage the services of business liquidation auctioneers.
Commercial auctioneers understand how to effectively market business assets and present them in a way that adds value. By utilizing the internet, asset liquidation auctioneers expand the buying market to the entire country or even a global audience. Typically auctioneers can sell all of a businesses’ property in one or two days depending upon the size of the business. With a liquidation auction business owners may not get top dollar for any individual item, but as a whole they will realize a lot more money than they would using any other means of sale because at an asset liquidation auction the items considered to be of low value often surpass expectations and everything sells!
Business liquidation auctioneers also sell business assets for creditors who are owed money and have a secured interest in the assets. With the large number of business failures in the last few years, many secured parties, such as banks and credit unions are relying heavily upon asset liquidation auctioneers to recover what they can from the sale of their secured collateral. Since banks aren’t in the business of selling equipment, business property or inventory, they seek qualified auctioneers to get best possible financial returns in the most effective manner.
Attending a business liquidation auction is a great way to acquire equipment or inventory for personal or business usage. Buyers benefit because of the good values that can be found. Creditors are able to recoup some of the money they were owed through the asset conversion process provided by auction.
Whether you are looking to hire a qualified business liquidation auctioneer, or are looking for auctions to attend, you can visit www.strategicauctionalliance.com. Strategic Auction Alliance is a highly qualified full service auction firm. They offer a several different types of auction services such as on site auctions, timed internet auctions, real estate auctions, live simulcast auctions, appraisals and much more. Please feel free to contact Strategic Auction Alliance to receive the best marketing exposure and financial return for your business assets.