It is the direct conversion of assets to cash by selling them to a user/consumer.
There are generally three categories of business that will liquidate assets: Liquidating retail inventory is challenging.
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For that reason, sales aren't always extraordinary in the early going."Sometimes, at the beginning of a liquidation sale, a retailer may charge full price until inventory clears out," according to Consumer Reports.
Most prefer to purchase their own new assets (equipment or inventory) and start a new business rather than buy an existing one.
Liquidating Your Business So just what is the liquidation option?
They may insist you re-price your inventory or apply a percentage discount storewide.
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They may charge a commission or they may charge by the length (weeks) of the sale.Each sale is different, and textbook solutions for individual stores do not exist.
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