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How Business Liquidation Could Help In Your Business - PowerPoint PPT Presentation

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How business liquidation could help in your business



Could Help In Your Business

Could Help In Your Business





J ust like everything else, business

liquidations too can be good or

bad; i the sense, what’s bad for

the business facing liquidation

might prove good for some other

business that might profit greatly

from the former one’s liquidation

sales. It will help the other

business get things for less. That sounds cruel, but that’s how the world goes.

You already know what business liquidation means, so let’s get down straight to the

point. However, you should be informed that if your assets, after selling, doesn’t

cover the outstanding debts fully, the only way you can save yourself is by filing a

bankruptcy. But that comes later. First, create a list of all assets that can be

liquidated without shutting down your business. You’ll be surprised by the amount of

assets that you can liquidate. Selling them off first won’t make you feel

uncomfortable. This you can do without the help of a liquidation consulting firm. If

you need help, reach out to business consultants. You will be surprised to know

about the avenues for liquidation that will help you have your cake and eat it too! For

bankruptcy - though it gives you an immediate relief - is going to haunt you over

long-term and will hamper your economic progress in the following days. This will

How business liquidation could help in your business

also help you to pay off some of your debts and might also support your financial

struggle up to quite a bit. It is better to focus on corporate liquidation and franchise

liquidation for the short-term than to file a business bankruptcy that will affect you

for the long term.

Should you want to wring the max out of the liquidation process – which we think

you would – try for the business Voluntary Insolvency auctions. This sets you free

from the confinements of getting things done locally, for such auctions are a global

phenomenon and they also occur online. Despite the auction houses keeping their

cut, you might end up fetching a price for your sellable items more than what you

had expected. The extra money you get that way might help you even to set up

another business later on.

What will work out best for you can only be determined by trained professionals; in

other words, by the Business Administration Consultants. For, it will require

How business liquidation could help in your business

analysing your entire business structure, pointing out department and equipment

redundancies and many such other intricate factors. Without taking them under

consideration, your Business Insolvency Advice attempts – wholly or partially –

will not work out to bring the desired relief and also might backfire, turning your

situation worse

than before.


they can guide

you to a new

structure for another or even your existing business following partial liquidating,

such as merging with another company, which is also a very lucrative step to take for

the other company might just agree to pay your still-existing debts!