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wholesale liquidationGood Used Computer better wholesale liquidation best Computer LiquidatorsliquidationLiquidation refers to the process by which a company is brought to an end, and the assets and property of the company redistributed. Liquidation can also be referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. Liquidation may either be compulsory or voluntary. Voluntary liquidation occurs when the members of the company resolve to voluntarily wind-up the affairs of the company and dissolve. Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already). If the company is solvent, and the members have made a statutory declaration of solvency, the liquidation will proceed as a members' voluntary winding-up. In such case, the general meeting will appoint the liquidator's). If not, the liquidation will proceed as a creditor's voluntary winding-up, and a meeting of creditors will be called, to which the directors must report on the company's affairs. Where a voluntary liquidation proceeds by way of creditor's voluntary liquidation, a liquidation committee may be appointed. Where a voluntary winding-up of a company has begun, a compulsory liquidation order is still possible, but the petitioning contributory would need to satisfy the court that a voluntary liquidation would prejudice the contributories. In addition, the term liquidation is sometimes used when a company wishes to divest itself of some of its assets. This is used, for instance, when a retail establishment wishes to close stores. They will sell to a company that specializes in store liquidation instead of attempting to run a store closure sale themselves. Wiki liquidation |
Used Computerasset recoveryAsset Recovery is a trade term used to describe the process of reselling equipment from a business in the process of going through bankruptcy or foreclosure. An asset recovery company will purchase the equipment at a discounted price and resell it for a profit, giving some, if not most, of the money back to the ailing company or creditors. Asset recovery is a business process for optimizing the residual value of assets that are: 1) scheduled to become inactive, 2) underutilized or 3) already inactive. Effective Asset Recovery includes executable and sustainable management strategies throughout the Asset Life Cycle to dramatically improve business performance. The Asset Life Cycle starts when a company identifies a need for an asset, then moves into the acquisition phase where the asset becomes tangible or real, then moves into the operational phase where the asset is used for its intended purpose. At the point in time when assets become surplus at their current facility/location the asset enters the Disposition Phase of the asset life cycle. Assets become surplus for a variety of reasons, including: evolving business requirements, corporate direction, obsolescence, underutilization or wear and tear. There are several terms used to describe the Disposition phase of the asset life cycle, “Investment Recovery”, “Asset Management”, “Disposal Management” or “Asset Recovery”, but regardless of what you call it, the objective is to optimize the residual value of the surplus (unused or under-utilized) assets. Wiki asset recovery |
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