It’s just over a month now since this year’s State Of The Union address and now that all of the initial speculation dust has settled many small business owners are still wondering what the President’s plans mean for them. While some believe it was mostly good news for small business in America some think the outlook is bleak.
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If you’re one of the many small business owners in the United States that has had to make the difficult decision to close your doors then you’re also stuck figuring out what to do with all of your remaining assets and excess inventory. Do you owe money to one or more creditors? Are you under any sort of time constraint? Are you currently part of a lengthy legal battle that threatens to tie up your assets?
Read More »The new year is upon us and as a small business owner you’re looking for ways to make this upcoming year your best yet. Or maybe you’ve had a scare in the past year that’s put you dangerously close to bankruptcy. Whatever the case may be, Ideal Trading wants to provide our friends with a few new years resolutions to help keep your small business on track.
Read More »Liquidation companies don’t simply liquidate businesses anymore. In fact, a quality liquidation company will have services that extend past the liquidation of goods to provide more comprehensive custom solutions to their customers. These services may be required by any number of individuals including small business owners, lawyers, the IRS and bankers.
Read More »Being a small business owner comes with a laundry list of responsibilities. Building strong relationships with outside vendors, suppliers, accountants and delivery services makes conducting day to day functions that much simpler. This is why finding a trustworthy and qualified liquidation company to provide you with any number of services from selling of excess inventory, auctioning and appraisals can make running your business easier.
Read More »Bankruptcy is a loaded word. It comes with thoughts of debt, taxes, credit, paperwork, debt consolidation and many more anxiety inducing concepts. It doesn’t help either that there are multiple kinds of bankruptcy available. Figuring out which form best suits your needs and situation can be the hardest part. Afterall it’s not every day that you declare bankruptcy and if you’re lucky you’ll never have to do it again. This is why it’s best to work with professionals who can guide you to making the right decisions and who can provide expert services to make the process and transition as…
Read More »Lawyers can be called on for what seems like a never ending list of legal services. TV dramas and movies paint a picture of dramatic cross examinations and heartfelt closing arguments. The truth of the matter is that the majority of most attorneys’ day to day work is research, paperwork and client interactions. This is why so many lawyers seek to build strong relationships with outside consultants and services like real estate agents, bankers and liquidation companies. When a case calls for a specific service or area of expertise a lawyer can reach out to one of these trusted contacts…
Read More »When it comes to managing finances and the costs associated with running a small business it’s easy to see how it can all become overwhelming. In today’s less than forgiving economy it’s difficult to find a foothold to boost your business to success. In this volatile time, bankruptcy has become a viable option for certain business owners despite its negative connotations. When considering whether or not to file for either Chapter 7 or Chapter 13 it is important to discuss your options with a bankruptcy attorney. Your lawyer will be able to tell you whether or not you’re eligible, the…
Read More »With over 20 years of experience, Ideal Trading has helped to facilitate the most straightforward of liquidations as well as the most complex. No matter the reason for a small business liquidation Ideal Trading is confident that we can provide comprehensive solutions. There are hundreds of little reasons that cause a company to shut its doors and liquidate. These reasons could be anything from poor budget management and a bad location to growing too big too fast. Regardless of the underlying reasons, however, there are really only two overall reasons as to why a small business would liquidate.
Read More »The idea of bankruptcy can be a scary one. Basically letting go of all of your finances and handing the reins over to an accountant and a lawyer is an intimidating loss of control. Sometimes having a better understanding of what it is and where its history is rooted can make it seem less complicated and less scary. You may even be surprised to learn that bankruptcy as a concept dates back over two thousand years and its evolvement actually focuses on helping you, the debtor.
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