As permanent business closures pick up, local auctioneer shares tips for closing or downsizing.
By Lea Konczal – Data Reporter, St. Louis Business Journal
May 20, 2020, 2:19pm EDT
We asked Nancy Cripe, president of GRS Auction Liquidation & Strategy, for liquidation tips. Cripe serves on the recently-formed St. Louis Small Business Task Force, and was the winner of the St. Louis Business Journal's first Catapult Competition in 2016.
St. Louis Small Business Task Force
GRS Appraisal and Auction Markets Assets Nationwide for Aviation Company
A company was recently acquired by a larger organization; excess warehouse space and inventory was to be reduced. A thorough review of the assets and location, resulted in a 30-day plan to liquidate a large warehouse loaded with fork lifts, racking, equipment, aluminum bar stock, leather hides, exotic wood, flooring, downdraft tables, aircraft supplies and tools, finally leaving the building broom clean.
How to Bid at Online Auction
Live auctions are a blast, but sometimes you just can't make it to the auction. That's where the incredible world of online auctions comes in, being able to bid on anything, anywhere in the world! Sometimes though, bidding at an online auction can be confusing. Hopefully we can help you save money and learn how to be the high bidder!
We Sell Water
If we did sell water, what would we look like? Our office and manufacturing facility would be spotless, clean, and the primary colors would be crisp, clean whites, blues, and greens. But it's true auction companies don't sell water, we sell an experience.
Recently a client said, "I like you guys, you're fast, like us". That is a compliment; clients want to know that you work as hard as they work. When an Auctioneer begins working for a company the experience begins with the first meeting, creating an atmosphere of energy, accuracy, organization, care, and dedication.
Auction very simply is a mechanism that allows clients to access the free market to gauge the market value of their assets. There are many reasons clients consider working with a commercial auctioneer and participating in the "Circular Economy".
- Nov 17 @ 8:00pm CST
- Nov 24 @ 7:00pm CST
- Nov 18 @ 4:00pm CST
- Nov 25 @ 8:00pm CST
- Nov 12 @ 4:00pm CST
- Dec 2 @ 7:00pm CST
