Or they simply are not capable of continuing the business.
Moreover, your business is at least solvent or near-solvent, so bankruptcy is not an option.
These highly trained credit and collections experts provide unique solutions that are not typically available at traditional agencies.
Selling a company to an interested buyer is the method most commonly associated with getting out of a business.
They may charge a commission or they may charge by the length (weeks) of the sale.
They may send you a package deal and never be on-site, they may be on-site throughout the sale, or they may be on-site only as required.
Our decades of experience have taught us the best methods to address and overcome the collection issues that are often present in a liquidation case, i.e.
These firms are typically classified as consulting firms.
It is this experience that helps us achieve the best recoveries on liquidation portfolios.
Receivables Control Corporation offers a wide range of customized services to complement our clients' in-house credit and collection efforts.
They have liquidated several stores and this is not a first-time event for them, as it would be for you. Some employ "off-the-shelf" plans that include template advertising used over and over with only a name change, and they can start a sale in a relatively short period of time.
They know how to apply initial and follow-on discounts, and develop a promotion plan to support the entire sale. Others develop a plan tailored to fit your store; their business plan takes longer and involves a detailed analysis of your store.