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News
Ideal Trading accommodates a wide variety of sale items, including used, new and refurbished, ranging from staple items to highly specific antiques. We work with individuals and businesses looking to sell their assets. What’s the difference between consignment, liquidation and estate sales?
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Revel Casino opened in 2012. It was open for little more than two years before it declared bankruptcy (Chapter 11) in September 2014. It was the tallest building in Atlantic City and included two nightclubs, 13 restaurants and several swimming pools. The massive facility cost $2.4 billion to construct. It is now tasked with liquidating the entire business.
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If you’re a business owner you know that over time excess inventory can build up in storage or your off premise warehouse. As a business owner you may not have the time to sort through rows and rows of unsold stock and inventory. Now is the perfect time to contact a local liquidator like Ideal Trading to tackle the project for you.
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One of the most financially beneficial aspects of a liquidation can be an auction. The potential to make a profit from a liquidation auction can often outweigh a simple bulk sale. However, holding a successful auction depends on multiple different facets that a quality liquidation company can foresee and handle from years of experience. One of the main driving factors of running a profitable liquidation auction is the promotion of the event itself.
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Mobile technology growth a double edged sword. On one hand, improvements and advancements are being made every single day. On the other, it’s almost impossible to keep up or to know if the technology you have today will be any good tomorrow. More difficult still, is being in the business of providing mobile technology.
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Whether you or someone you know has filed for bankruptcy, either personally or professionally through a small business, bankruptcy in the United States may be more common than you think. The stigma attached to filing for individual bankruptcy or business bankruptcy is slowly fading away as more and more Americans take advantage of the process. Whether this means more trouble for the economy, or a sound way for individuals to get back on their feet, or both, there are some compelling statistics that shouldn’t be ignored.
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With tax season coming to a close on the 15th of April, you may be wondering, as a business owner, if there are things you haven’t considered that could end up saving you money this year. While working with a tax professional is the best way to ensure you’re not paying out too much or that you’re receiving everything you’re entitled to, there are a few simple areas to make sure you cover. Questions to ask while you’re with your tax professional: Do I qualify for Health Care Tax Credit? – This is money back for certain businesses that meet…
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If you run a brick and mortar retail business, excess inventory is one of the necessary evils of running your shop from season to season. Certain items don’t sell as much as others and suddenly you’re spending money on storage for these items to make room for this seasons stock. As overwhelming as this can be there are several ways to deal with excess inventory that can help you save on warehousing costs as well as make a profit.
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As a small business owner you understand that much of your success comes from support you receive from your community. Whether that means regulars spreading the word or neighboring businesses referring customers, a tight-knit community is one of the cornerstones of small business success. In order to keep this sense of local camaraderie, it’s important to show your thanks by giving back.
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We all know that starting a new business is a calculated risk. Entrepreneurs weigh each and every option before finally deciding whether or not to move ahead with a new venture. However, when it comes time to close the business, the same kinds of considerations need to be made.
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