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The Liquidation Process

Consulting

  1. We get to know each other:
    • We discuss your needs and answer questions on the phone.
    • We send you brochures and other information describing our process.
    • You tell us about your situation by filling out our questionnaires.
       
  2. We provide information on the liquidation process:
    • We discuss the four exit strategies.
    • We provide non-legal advice for debt consolidation strategies with your vendors.
    • We offer any other liquidation consulting services you require.
       
  3. We submit a proposal:
    • When you decide our services meet your requirements.

Planning the Sale

Once you accept our proposal

  1. We will write a business plan including;
    • the best time and duration for the sale.
    • a labor plan so you will have the right number of staff at the right time.
    • an advertising plan.
    • an inventory plan, so the quantities and types of inventories will bring you the highest rate of return.
    • a markdown strategy, including the initial markdown and the subsequent timing and amount of markdowns.
       
  2. We will also;
    • keep you informed of all activities.
    • determine all the logistical details of the sale: dates, length, inventory control, etc.
    • perform a thorough liquidation analysis and submit sales projections.
    • develop and implement markdown pricing systems for highest returns.

Promoting the Sale

  • We implement the advertising/marketing plan.
  • Design a promotional program.
  • Provide advertising and copy to newspaper, broadcast, and web-based media.
  • Provide all interior and exterior signs free of charge.

Implementing the Sale

  1. We arrive at your store a few days before the sale begins.
  2. The store is closed for two to four days before the sale starts.
  3. We supply and display signs and banners.
  4. We then determine how the sales floor will be remerchandised.
  5. We supply price guns, labels, and other pricing equipment and train your staff to use them.
  6. We teach your staff how to mark merchandise, expedite the cashiering system, and conduct sales tasks in a liquidation setting.
  7. The staff marks down prices according to predetermined percentages.
  8. We'll work with you on site until all the inventory is gone.


 
 

 

Mike,

"As we discussed last week I am very pleased with the outcome of our just completed sale. The outcome was very close to what we had anticipated. Without your input this would not have happened.

From the very beginning when you delivered our proposal I felt comfortable with how you handled things. I knew then that we had chosen the right company to guide us with this process.

Your conduct has always been straightforward and very professional. I admire that in an individual. I would not hesitate in recommending you and QBI to any prospective client."

Hardware store owner

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