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10 Steps to Selling Your Farm Equipment at Auction Successfully
May 14, 2024
Categories: Agriculture, Downsizing or Liquidating, Farm Industry
Selling your farm equipment at auction can be a smart move. It’s a way to ensure your machinery finds a new home while you get a fair return on your investment. There are some essential steps you can take to achieve this, such as: 1. Assess Your Inventory Take stock of the equipment you wish to sell. Consider the age, condition, and market demand for each item. It’s important to be realistic about the value of your machinery to set reasonable expectations. 2. Prepare Your Equipment Presentation Read More
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Turning Obsolete Assets into Cash: The Auction Approach
April 24, 2024
Categories: Auctions, Downsizing or Liquidating
In the fast-paced world of business, staying ahead often means regularly updating equipment, machinery, and inventory to keep up with evolving technologies and consumer demands. However, this rapid evolution leaves behind a trail of obsolete assets that can become a burden. Fortunately, there’s a streamlined solution for turning these obsolete assets into cash: the auction approach. Understanding Obsolete Assets Before delving into the auction approach, it is crucial to understand what Read More
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Auction vs. Liquidation Sale: Which Is Right for Your Business?
April 10, 2024
Categories: Auctions, Downsizing or Liquidating
In the ever-changing landscape of business operations, there often comes a time when you may need to part ways with excess inventory, outdated equipment, or surplus assets. When faced with the task of liquidating these items, businesses are typically presented with two main options: traditional liquidation sales or auction-based approaches. Wondering which approach is the right fit for your business? Join us in today’s blog as we explore the pros and cons of each approach. Traditional Liquidation Read More
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Auctioning Specialized Equipment: Reaching Niche Markets in Heavy Machinery
March 8, 2024
Categories: Auctions, Construction and Industrial, Downsizing or Liquidating
In the world of heavy machinery, specialized equipment such as tractors, pavers, and combines play a crucial role in various industries. However, finding the right buyers for such specialized equipment can often be challenging. This is where auction houses like Backes Auctioneers come into play, with our extensive connections and expertise in reaching niche markets. In this blog, we'll explore the benefits of auctioning specialized equipment and how we can help sellers connect with the right Read More
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Where Do Auction Items Come From?
February 4, 2023
Categories: Auctions, Downsizing or Liquidating, Financial Institutions
If you have ever attended an auction or are thinking about attending one, a common question that may cross your mind is “where do these auction items come from?” This is a great question because there are so many different answers. Our auctions have items from many different places which allows us to provide you with diverse and unique items to choose from! Continue reading to find out more about where auction items come from! Out-of-Business Sales One place Read More
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Control Your Inventory in 3 Unique Ways
May 1, 2022
Categories: Auctions, Downsizing or Liquidating
Every business owner knows that sales can ebb and flow for many reasons. Finding yourself with an excess of products and few potential buyers can seem overwhelming. However, your friends at Backes Auctioneers have some out-of-the-box ways to control your excess inventory. If you’re ready to hear “sold!”, consider taking your valuable items to auction today! Here’s how it can help you quickly sell excess inventory. 1. Business to Business Sales When selling Read More
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FAQs About Auctions
January 1, 2021
Categories: Auctions, Downsizing or Liquidating
Every new year, people plan to make big changes in their life. Some people are working towards starting a business, some are looking to upgrade or expand their machinery and supplies and others are looking to slow down and retire. No matter what stage you’re at this year, we at Backes can show you how an auction can help you achieve your goals. If you’ve been thinking about attending an auction, check out these FAQS. What do I need to do? The first thing you need Read More
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What Business Items Sell Best at Auction
January 1, 2021
Categories: Auctions, Auto and Shop Equipment, Construction and Industrial, Downsizing or Liquidating, Food service equipment
Across the country, you can find millions of items for sale at auction. From pricey jewelry and paintings to knick-knacks from times gone by, there are few things that haven’t seen an auction block. If you’re wondering if your old business equipment is right for auction, you may be surprised! Since 1976, Backes Auctioneers have been helping families and business owners sell and liquidate their items. If you’re wondering what some of the best-selling items are, keep reading! Construction Read More
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Using Auctions to Start Your New Business
November 1, 2020
Categories: Auctions, Downsizing or Liquidating
2020 has been a year filled with unexpected events. But with a new year just around the corner, have you been thinking about branching out and opening up your own business? Auctions are a great way to kick off the start of your new adventure in a budget-friendly way. If you’re like many people and you aren’t sure how an auction can benefit you, keep reading! Our team of professionals here at Backes Auctioneers has put together this list of reasons Read More
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Liquidate in 5 Easy Steps
October 1, 2020
Categories: Auctions, Downsizing or Liquidating
Are you ready to move on to your next adventure or looking to free up some inventory? If you haven’t thought about liquidation, maybe you should! Taking inventory, sorting through paperwork and nailing down the details can be daunting tasks without the right help. However, with years of marketing strategy under our belts, we know exactly how to get the most return for your assets while ensuring a smooth transition. To make your liquidation an effortless one, here are five steps to get you on Read More