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News
Estate sales are most commonly a result of the death of the estate owner and the need for liquidation all of their belongings. During this difficult time it is wise to hire a professional liquidation company like Ideal Trading to handle all details surrounding the liquidation of the deceased’s estate. After the death of a loved one being entrusted to organize estate sales can be intimidating and overwhelming.
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There are a number of reasons to get appraisals on your personal belongings as well as your business inventory. Whether you are a restaurant owner, a retailer, or any other type of small business owner it is always a good idea to have professional appraisals done to know the value of your excess inventory and equipment for a number of reasons. At Ideal Trading we offer a number of different useful liquidation services including auctioning, building customized solutions for any type of excess inventory sale or bankruptcy situation and of course, appraisals.
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Food service or restaurant liquidation present their own special set of challenges. Along with those challenges comes the opportunity for high returns on the value of your excess inventory. Around 30,000 restaurants on average open each year in the United States and out of those, more than half will fail within the first 3 years leading to restaurant liquidation. This is an unfortunate number that becomes even more difficult if you and your restaurant fall into that category. However, there is good news in those numbers when it comes to restaurant liquidation for your business.
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Hiring a NJ liquidator can be a little intimidating at first. You’ve spent years of your life building a small business and collecting inventory and now because of any number of reasons including bankruptcy you’ve been forced to close your doors. We understand that your business may hold sentimental value for you so we’re here to make sure we get you the highest monetary value for your excess inventory possible. It’s important to realize that just like no two small businesses are created equal, no two sets of inventory are created equal. By using different valuation methods to appraise each…
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If you’re one of the many New Jersey business owners on the cusp of filing for bankruptcy you may have some questions. How did it come to this? Is filing for bankruptcy at this point more responsible than trying to stay in business. What happens after I file? At Ideal Trading we deal with all manner of business bankruptcies and we are equipped to handle each unique closeout and liquidation in the most beneficial way for each individual.
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You’re one of the many New Jersey business owners that has had to close your doors. You’re not alone – According to the U.S. Small Business Administration over 600,000 small businesses closed in the United States in 2010 due to varying factors including bankruptcy. Fortunately, there are many NJ liquidation companies that can help to make the transition easier for you. A liquidator can assist with closeouts in several different ways.
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Now that you’ve completed the difficult task of deciding to close your business it’s time to start looking into the options you have to liquidate your business. Trying to sell your stock and equipment off yourself can be stressful and cause the process to be drawn out for far longer than it needs to be. Hiring a professional liquidation company in New Jersey like Ideal Trading is the most beneficial way to ensure you get the most money out of your excess inventory after bankruptcy and here’s why:
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Businesses of all sizes and varieties file for bankruptcy all the time. The reasons behind needing to liquidate assets and file chapter 11 will vary from specific situation to situation. For some businesses, going out of business may be the reason. Others have too much overhead. Some businesses may owe too much to investors or creditors. One common thread in business bankruptcy and business liquidation is the need for assets to be recovered and for equity to be salvaged as much as possible. Any business with excess inventory that needs to be sold off is faced with a dilemma. In…
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