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The relocation of an office is an ideal time to
investigate the replacement of furniture. What many company
owners don't realize is that liquidating old property is not
as easy as they might imagine. Your moving company can share
its experience in this area by providing contacts to
liquidators and charities that may be interested in your used
property.
Problems With Liquidation Liquidation
is a common way to dispose of old property. And even though it
is convenient, office managers interested in liquidating
should be aware of several taxing aspects.
- Used office furniture and equipment are generally of
very little value;
- Many liquidators will not purchase used workstations
unless they are late models, made by known manufacturers,
and are available in a large quantity;
- Liquidators often select only the best items, leaving
the balance behind and the tenant with the responsibility of
removing the remaining items.
Problems With Donation Donating old
property is a very generous route, plus making a donation
could position your firm to pay and receive potential tax
deductions.
- The downside with donations is that they involve a
significant investment with regards to disassembly and
transportation, charges that neither party wants to be
responsible for. An alternative is to offer property to
employees on a cash and carry basis.
Problems With Disposal Disposal of old
office property places much of the responsibility on the
tenant. If you are not troubled by the transportation cost,
this method proves to a good answer to many lease
stipulations.
- Disposal involves significant cost in transportation and
waste handling charges. A benefit to disposal is that it is
often less expensive than landlord penalties if the lease
dictates that the space be left in "broom-clean"
condition.
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