Wednesday, January 7, 2009

Profiting from the Bust

As more companies begin to fail in this floundering economy, it creates opportunities for others. Think about all of those physical assets no longer deployed in their highest valued use. As you might expect, this situation creates an opportunity for someone to step in and move the assets to a higher valued use.

Business Week recently profiled a number of liquidation companies that are experiencing a big increase in business. As a director of one of the liquidation companies puts it: "we're a sophisticated mortuary that monetizes assets."

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