Liquidation: Make it Work
Mammoth Office Furniture in Herndon, Virginia
At Mammoth Office Furniture, we excel at helping clients to liquidate their furniture inventories when it’s necessary. When you’re making a move or have to downsize, talk to us about effective and efficient furniture liquidation processes.
Here are some of the major strategic steps that help companies to pull off a successful liquidation and get value for their used office furniture.
Simply put, companies have to invest the right amount of time into a plan to liquidate office furniture and equipment.
These are large physical assets, and the liquidation process can’t work if it doesn’t have a good timeline. Specialized furniture liquidator services can help to plan out every step of the process, from evaluation to removal to compensation, and make sure that it happens properly.
Of course, another major challenge is building a precise inventory of furniture. If you’re dealing with anything larger than a few rooms full of desks and chairs, this can be a pretty significant task.
However, this really isn’t something that needs to be a huge burden on the client business. Mammoth will help to inventory products and figure out what there is to get rid of, which includes evaluating the state and condition of individual pieces of furniture.
Liquidating and removing furniture from an office building isn’t something that happens in a vacuum. It doesn’t happen without liability and a margin of error.
Businesses need to be able to plan for damaged furniture costs, storage fees for interim facilities, and costs of offloading furniture to third-party buyers. Again, Mammoth can offer a detailed plan estimate to show the client business how this process is going to work in more detail.
Working with the Liquidator
Here’s another detailed that’s critically important – in a furniture liquidation process, it’s important to have an overall, comprehensive plan.
We’ve seen businesses make the mistake of simply valuing the most expensive pieces and making them a priority. What happens, though, is that the business then gets stuck with the less valuable pieces of furniture, and they become a liability instead of even a small asset.
How do you avoid this? You do it by working with a trusted liquidator and talking to them about what will happen every piece of furniture, not just solid oak desks or specific pieces that have value to a third party buyer. For most businesses, liquidation is an “all or nothing” deal – they want everything off the premises, not just in order to get top dollar, but so that they can comply with leasing requirements or other responsibilities in the process of vacating the building.
to Mammoth Office Furniture in Herndon about the nuts and bolts of furniture liquidation. We do it better than anyone else around the DC area. We’re happy to work with you, to put together a plan for your business.