Globalcontractor's Blog

Industrial Property Development

Large Press and Machine Shop Liquidation – Creating value from dormant assets! Closing Friday – July 8th

leave a comment »

Niagara Worldwide – Helps Another Client

The Next Ongoing Events

TIMED EVENT – ENDS JULY 8

ONLINE AUCTION:
Steel Parts Manufacturing
Tipton, Indiana

Download The Auction Postcard (PDF) View Auction Brochure Flip Book
Download the Steel Parts Lotbook (PDF) Download Rigger List (PDF)

For most small business owners, the thought of liquidation is appalling and grotesque.  The media depicts its general ideas associated with liquidating into your brain:  Front pages of newspapers read bankruptcy, tickers scroll the bottom of your televisions with exponentially increasing debt figures, and small businesses stick up gaudy neon-colored ‘STORE CLOSING SALE’ signs that scream urgency.  With the economy in its current state, it’s not difficult to fall victim of all the hype [and scare].  Yet, the media fails to acknowledge the rest of the liquidation business; the beneficial business strategy of liquidation: converting your obsolete, overstock, salvage, returns, and excess inventory into immediate, upfront, and useable cash.

There are two major forms of liquidation: compulsory and voluntary.  When you hear of liquidation in the media, it is compulsory liquidation, which is when you are forced to liquidate by law.  Compulsory liquidation is the last resort for a business.  It involves selling off every aspect of the business, from their inventory all the way up to their debts.  When a company is compulsory liquidating, they are closing their doors for good.  The latter form, voluntary liquidation, is the unspoken strategy that is used frequently within all Fortune 500 businesses.

Call NIAGARA Worldwide today to see how we can support the re-sale and re-purposing of your industrial assets. 

Eric J. Spirtas – President
NIAGARA Worldwide
715-251-3151 Main Office Telephone

www.niagaraworldwide.com  
eric.spirtas@niagaraworldwide.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: