Liquidation Best Practices

In the dynamic landscape of manufacturing, staying competitive and agile is crucial for sustained success. One often overlooked strategy for achieving this is the liquidation of unused manufacturing assets. Whether it’s excess machinery, outdated equipment, or surplus inventory, liquidation can offer numerous advantages for businesses looking to optimize their operations, streamline resources, and boost overall effic…

Facing the need to liquidate assets is a challenging reality for many businesses, often arising unexpectedly and requiring careful consideration. Whether prompted by financial constraints, strategic shifts, or legal obligations, the liquidation process demands a tailored strategy to ensure optimal results. In this guide, we explore the key steps to navigate the liquidation process successfully, emphasizing the importance o…

Liquidation is a process of selling non-cash assets and turning them into cash. It can be done for a variety of reasons – insolvency, personal (such as owner retirement), or to divest non-essential business assets. Of course, if your business is considering liquidating its assets, one of the first questions you will likely ask yourself is how long does liquidation take? Every scenario is different and will have its o…

For better or for worse, thousands of businesses will choose to close down their facilities every week. Closing down can be a natural part of the business cycle—and it can often even be financially wise to do so. But that doesn’t mean that everyone who will be affected by this decision will be able to handle the news. As an employer, it is important to remember that your employees are more than just the people who help…