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Does any body have the will to explain how to make money on #liquidation business?
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How liquidation business works?
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Actually, there are two ways a company can go into liquidation – voluntarily, in a voluntary liquidation, or involuntarily, in a compulsory liquidation. During the liquidation process the assets of the insolvent business are sold and the proceeds are used to repay as many creditors as possible.
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For understanding this process one has study the share market in order the whole scenario.
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Few business owners know exactly how liquidation works in South Africa. It is a complex process, requiring a court application.
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I think research and study on this topic will help
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