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Erika Optiz, Chamberlain Hrdlicka, Atlanta, corporate, securities, and finance group. (Courtesy photo: Jennifer Blount) Erica Optiz, Chamberlain Hrdlicka, Atlanta. (Courtesy photo: Jennifer Blount)

The world is currently in unprecedented territory with the COVID-19 pandemic. Although most states have relaxed their requirements for reopening businesses, many are facing the repercussions of the mandated shutdowns and the fact that many businesses have not returned to “normal.” As a result, business owners may try to address their current liquidity concerns by selling select assets to increase liquidity and reduce costs. Selling assets however is not a viable option for all businesses, so the first step is determining whether the business has eligible assets that can be sold.

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