Business

Advantages of Office Furniture Liquidators for Sellers and Buyers

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Offices and companies have a large amount of furniture in the form of cubicles, desks, chairs, sofas, etc. and they cost a lot of money. After a few times, the company may decide to remove the existing furniture and replace it with a new one to redesign the office or give it a whole new look. Businesses may also want to get rid of furniture if business is downsizing or if business is coming to an end. The merger of two businesses also results in the decommissioning of a significant amount of furniture.

Holding unused inventory wastes a lot of space and is also taxable, so businesses had better do something about it.

What can companies do with old furniture?

A business can dispose of furniture by throwing it away, donating it, or selling it to some new business.

  • Throw it away: If the furniture is still in working order, then throwing it away is not a good idea. It is true that the value of the wood decreases over time, but it still has an important value that can be useful to recover part of the investment that the company made in the purchase of the furniture.
  • Donation of furniture: This can be seen as a charity and provides some tax benefits. But many times other businesses, even new ones, don’t want to feel dependent on someone else’s charity, so they don’t want donated furniture.
  • Sale of furniture: The sale of the furniture can be carried out by the company itself or through a furniture liquidator. If the company decides to do the business itself, it will have to save some time and shipping costs to finalize the deal. Liquidation companies, on the other hand, take care of all the moving and shipping processes and also provide a better deal compared to what companies can get on their own. Liquidation companies also have cubatura trucks that make it easy to transport furniture. It is true that companies will not get any tax benefits from selling, but the value they will get will far outweigh the tax benefits.

What are the benefits for buyers?

Strong, durable woods aren’t cheaper, and buying new office furniture can eat up a big chunk of your budget. Buying used furniture cheaply can help businesses, especially small and new ones, save a lot of money.

Also, new and custom furniture takes at least six to eight weeks before it is delivered. This time can be saved by buying used furniture from a liquidation company.

Environmental benefits: If the furniture is still usable, throwing it away is certainly not good from an environmental point of view. Also, buying new furniture means more wood cutting. Liquidating furniture can save the environment by piling less necessities into landfills and by avoiding cutting down trees.

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