Oftentimes, when furniture is out of sight, it’s out of mind. For this reason, many companies forget about the furniture they have stored in warehouses or in seldom-visited rooms in the building. Even though the furniture has been somewhat buried at this point, it is a resource to your company. The only question is, what do you want to do with this resource?
One of the most popular options for slightly used furniture is to liquidate it. While saying “liquidation” triggers visions of landfills filled with corporate furniture, that doesn’t always have to be the conclusion. Especially when you plan out what to do with your unwanted Furniture, Fixtures, & Equipment (FF&E) ahead of time, there are more eco-friendly choices to pursue. Some of these options include selling to small businesses or even donating to non-profits for tax write-offs. Check out our post on Green Liquidation to learn more.
However, there could be an even better opportunity: what if instead of getting rid of your FF&E, you repurpose it to fit your company’s current needs? With the help of an experienced move consultant, you can save your budget and the landfill all at once. In fact, CMCI saved a client approximately $450,000. Sign up for our white paper on repurposed furniture for more information.
No matter your decision on what should be done with the furniture in your storage spaces, speaking with a move consultant about your options—whether in the middle of a transition or not—will help you make more informed financial and eco-friendly decisions.