Deciding when it’s time to close down a business can be a tough, tough decision. In fact, the clients we’ve worked with over the past two decades tell us just how much they appreciate the experience we bring in dealing with the whole process of liquidating assets.
As a South Florida liquidation professional, our team knows the ins-and-outs of preparing for an auction, and it often begins on the customer’s side if they haven’t already identified just what assets to sell.
It’s best to be methodical before finalizing the list of assets to sell at auction; this, to make sure you’re selling items you own free and clear!
A good tip to follow in itemizing those assets is to indicate who technically owns it: Was it bought with your personal funds? Maybe you used your partner’s money, or the funds out of your business.
20 years of helping businesses liquidate onsite, online, consignment, absentee or telephone bidding
While you’re making these lists, you should also be thinking ahead to documenting the sales for tax purposes, and even who ended up buying, just in case a creditor later questions your liquidation of assets if bankruptcy follows.
More importantly, consider turning over the sale of your assets to the qualified team skilled in all aspects of auctions in Miami: Lauro Auctioneers. They know how to get the best price possible out of your assets, be it business and industrial equipment; new and used restaurant equipment; residential and commercial real estate, to name a few of the sectors Lauro Auctioneers specializes in.
With over two decades of experience the team at Lauro understands the need to offer a client’s assets through Live on-line auctions, or Live public auctions onsite. Clients receive the benefit of absentee bidding as well as telephone bidding.
Auctions in Miami: Lauro Auctioneers
Contact us and discover how Lauro can truly make a difference in turning your assets into cash—we accept consignments, or purchase items outright.
