{"id":12247,"date":"2014-01-15T14:22:14","date_gmt":"2014-01-15T19:22:14","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/selling-a-companys-assets-privately-can-be-a-mistake\/"},"modified":"2022-12-01T06:40:57","modified_gmt":"2022-12-01T11:40:57","slug":"selling-a-companys-assets-privately-can-be-a-mistake","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/","title":{"rendered":"Selling a Company\u2019s Assets Privately Can Be a Mistake"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p><span style=\"line-height: 1.5em\">We often talk here about businesses closing due to lack of business. But what happens when a successful business has to close because of the death of the owner? In these cases, a lot of factors come into play, like differing opinions about what to do with the company\u2019s assets. When multiple family members are involved in selling off a business and there was no exit plan in place, things can get heated quickly and it\u2019s best to rely on the services of a professional.<\/span><\/p>\n<p>This is exactly what a recent article titled \u201c<a href=\"http:\/\/historiccity.com\/2014\/staugustine\/news\/florida\/business-or-estate-liquidations-deserve-a-professional-42388\">Business or Estate Liquidations Deserve a Professional<\/a>\u201d says. Sometimes, people try to quietly sell off assets privately, with no help from a professional, because it seems simpler. But according to the article, this decision can result in financial disaster when assets are sold by people who have no idea what they\u2019re worth.<\/p>\n<p>A route that people often take when selling off their assets is to go to an auctioneer. But it is extremely important either to see someone who is both a CMEA and an auctioneer, or visit two separate professionals. If you\u2019re trying to find a CMEA while selling off a company\u2019s assets, <a href=\"http:\/\/www.nebbi.org\/\">use us as a resource<\/a>!<\/p>\n<p><em>The <a href=\"http:\/\/www.nebbinstitute.org\/\" target=\"_blank\" rel=\"noopener\">NEBB Institute<\/a> endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery\/equipment appraisal and brokerage.<\/em><\/p>\n<p>By: <a href=\"http:\/\/www.nebbinstitute.com\/\">NEBB Institute<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>We often talk here about businesses closing due to lack of business. But what happens when a successful business has to close because of the death of the owner? In these cases, a lot of factors come into play, like differing opinions about what to do with the company\u2019s assets. When multiple family members are [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12247","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Selling a Company\u2019s Assets Privately Can Be a Mistake - NEBB<\/title>\n<meta name=\"description\" content=\"A route that people often take when selling off their assets is to go to an auctioneer. But it is important either to see someone who is CMEA\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Selling a Company\u2019s Assets Privately Can Be a Mistake - NEBB\" \/>\n<meta property=\"og:description\" content=\"A route that people often take when selling off their assets is to go to an auctioneer. But it is important either to see someone who is CMEA\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-01-15T19:22:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-01T11:40:57+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Selling a Company\u2019s Assets Privately Can Be a Mistake\",\"datePublished\":\"2014-01-15T19:22:14+00:00\",\"dateModified\":\"2022-12-01T11:40:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\"},\"wordCount\":443,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/selling-a-companys-assets-privately-can-be-a-mistake\/\",\"name\":\"Selling a Company\u2019s Assets Privately Can Be a Mistake - NEBB\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#website\"},\"datePublished\":\"2014-01-15T19:22:14+00:00\",\"dateModified\":\"2022-12-01T11:40:57+00:00\",\"description\":\"A route that people often take when selling off their assets is to go to an auctioneer. 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