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Liquidating Your Business So just what is the liquidation option?
Each sale is different, and textbook solutions for individual stores do not exist.
And even if you were near or at insolvency, you'd probably find it preferable to liquidate your assets and negotiate amounts owed to your creditors, while at the same time avoiding the stigma of bankruptcy.
And finally, you have come to realize that selling a business with significant assets is much easier said than done. Most with the required assets and credit lines required to buy your business will not want to invest for the same reasons your heirs have declined the opportunity.
To achieve the best results, liquidation firms are available with experience in conducting "going out of business" sales for virtually all types of retail stores.
These firms are typically classified as consulting firms.