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Business Liquidation
What is a Business Liquidation?
Liquidation involves winding up the financial affairs of a company as well as selling off the business’s assets to repay its debts. It includes dismantling the company’s structure in an orderly way. The liquidator is also tasked with investigating what might have gone wrong with the business if the company is liquidating due to financial issues. Liquidation applies only to companies (businesses operating under the company structure).
During liquidation, Sterling Estate Sales is appointed to oversee the process, and the liquidator has full control over the company’s operations, financial affairs, and assets. The task of the liquidator is to wind up the affairs and cease trading as cost-effectively as possible. Liquidation is different to selling a business, which only involves a change of ownership. Liquidation is the only way to wind up a company and terminate its existence. Once a company is liquidated, it is completely dissolved and permanently ceases operations.
Free Consultation
Let us assist you during this time, ensuring a seamless transition and exceptional results.
Amplifying Your Liquidation Outreach
We then leverage our extensive and proprietary national database, connecting with buyers actively seeking items similar to those you're liquidating.
This can be other businesses or individuals who span a wide range of sectors and maintain a constant demand for assets from liquidating businesses. Our database of leads, combined with strategic marketing efforts, generates substantial interest in your business liquidation. This ensures that you achieve the best possible prices for your assets.
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