Replies to post #117703 on BioAmber Inc fka BIOAQ

[sutterfield]

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.