Equipment Asset Management
Managing assets can be a daunting task at times with different options to consider depending on what the equipment/asset is. Some businesses have ready made outlets waiting for their equipment, some will advertise and hope for the right buyer to come along and see it for sale, some utilize dealers and trade the equipment and yet others utilize auctions.
Regardless of which method is used, periodically equipment has to be moved on for various reasons and each business has their own methods and reasons to determine how and when. Millions of dollars worth of equipment is sold and bought each month......like the old saying "one persons junk is another persons treasure".