There are generally three main reasons you might consider asset liquidation; you have assets that are surplus to your needs, your business needs more working capital, or to pay your creditors. It would be helpful to consult a business liquidation specialist like Debt Solvers for professional help and advice throughout the asset liquidation process.
Making an inventory of any assets for liquidation is normally the first step, ensuring they are in good working order to get the best price when you sell. Once you have worked out the liquidation value of your company’s assets, keep a record of how much was paid and who purchased the assets. If you are not sure about the asset liquidation process, and want a confidential and no-obligation chat with one of our experienced company liquidators. Call one of the team at Debt Solvers today as we can manage this process for you.