EquipNet Launches Better Auctions Resource Center

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EquipNet has created the Better Auctions Resource Center to provide manufacturers with the right information, tools, and guidance to select the industrial auction firm that best suits their particular needs.

When it’s time to close a plant or reduce equipment inventory, many companies choose to have an auction. Unfortunately, not all auctions are created equal and it’s difficult to make the right decision without all the facts. EquipNet has created the Better Auctions Resource Center to provide manufacturers with the right information, tools, and guidance to select the industrial auction firm that best suits their particular needs.

The Better Auctions Resource Center at http://www.equipnet.com/BetterAuctionsPress outlines auction options and illuminates the important facts to consider when selecting a qualified firm. Resources include descriptions of different auction formats, case studies, a glossary of auction terms, and a free eBook called 7 Keys to a Successful Auction.

The Better Auctions Resource Center is built on a foundation of experience. EquipNet has conducted successful auctions for hundreds of leading firms worldwide in a variety of manufacturing industries building a loyal following of satisfied customers who rave about its expertise, service, and ability to deliver high returns: “The auction met all my expectations. No loose ends. I'm happy to recommend [EquipNet Auction] services.” states Michael R. Garone, Chief Financial Officer of Emisphere Technologies.

Different projects need different services. EquipNet offers sellers a wide array of auction platforms which are described in detailed in the Better Auctions Resource Center, including SmartAuctions™ technology; live/webcast auctions; FirstBid™ auctions; sealed bid sales; and private-treaty sales. Selecting the right type of auction to fit a company’s timeline and category of equipment, can determine its success.

EquipNet’s Vice President of Auctions, Tom Noonan, wants to help companies avoid common auction pitfalls. “First and foremost, it’s important to work with a skilled, professional auction firm that you can trust with your deadlines and your equipment,” says Noonan. “Just because someone has a website and a PayPal account it doesn’t mean that they have expertise and experience to deliver the highest possible price for your surplus assets.”

About EquipNet
EquipNet is a recognized industry leader providing auction services for manufacturers, wholesalers and service organizations globally. EquipNet’s vision is to revolutionize the way companies manage their surplus assets by maximizing financial returns and minimizing the risks associated with idle capital assets. For more information, please visit: http://www.EquipNet.com.

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Ben Potenza
EquipNet
(781) 821-3482 ext. 2180
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