InvestorsHub Logo
Followers 0
Posts 1
Boards Moderated 0
Alias Born 08/31/2021

Re: trader59 post# 117703

Tuesday, 08/31/2021 12:27:25 PM

Tuesday, August 31, 2021 12:27:25 PM

Post# of 147179
Liquidation is a process whereby a business comes to an end and sells the business's assets to generate cash.

Liquidation is an effective method of closing a business that is no longer operate due to its liabilities. It should not be used in situations when business is profitable or reconstructed.

There are mainly three categories of business that will liquidate assets:

Indirect assets:-
This usually includes the furniture assets(https://www.michaelsglobaltrading.com/our-services/business-asset-liquidation/office-furniture/), fixtures, and business equipment.

Direct assets:-
This involves restaurants, construction, and manufacturing industries.

Businesses whose assets directly produce income:-
These include retail businesses that are independently owned and run.

Finally, deciding to liquidate a business will provide you with peace of mind.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.