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4 Non-Bankruptcy Issues to Hold Commercial Auctions
4 Non-Bankruptcy Issues to Hold Commercial Auctions
November 23, 2020

When a commercial branch liquidates, most business owners expect local profitability failure. Yet commercial auctions aren't always a sign of failing businesses.

 

It's often about cutting losses for better profitability and targeting a new area with a wider range of audiences. Here are four reasons business owners hold auctions and liquidate branches.

 

Branch Liquidation

Bankruptcy procedures for small to medium businesses involve immediate branch liquidation. This is to help pay off shareholders and lenders' debts. But, any business owner can initiate commercial auctions for any reason, such as moving to another nearby location. Doing so is a wise business manoeuvre to cut losses and improve the chances of gaining profits.

 

Thin Labour to Create Involved Effort

Any business will want to hold partial or full-move commercial auctions for any reason. In order for an auction to be successful, businesses need to collect appraisers, restorers, and buyers to operate. Expect your team to be stretched thin as this requires a certain amount of effort. If this is the case, you can always count on experienced restoration teams, such as Infinity Asset Solutions, to help you conduct the auction.

 

Maximizing Your Liquidation Value

All properties and equipment have their respective pre-owned value. Professional auctioneers can take your liquidation value to the next level. In any instance, you can hold independent online or offline auctions. But tying yourself to a single source of appraisers, restorers, and buyers will restrict you to a very limited price tag.

 

A Trustworthy Network of Reliable Appraisers and Restorers

Commercial auctioning companies collaborate with networks of various independent appraisers and restorers. This guarantees the best and most transparent observations. This characteristic is essential because buyers are more confident with excellent restorations for standardized equipment and facility appraisal.

 

Only Use The Best Auctioneers For Your Needs

You can always count on us at Infinity Asset Solutions to provide you with the best-value auctioning services for company facilities and equipment. Contact us to learn more about everything that we can do for you today!

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