Liquidators And The Standards

There are certain standards of practice that make liquidators what they are

. Given the sensitivity of the business that they are dealing with it is imperative that they continue to maintain the standards and integrity that the customers expect and demand of them. The industry has a wide range of provision and inevitably some elements fail to make the grade. However we cannot lose focus on the fact that the customer is the principle ingredient in this business. If the customers are not happy with the products that they are getting from the liquidators then the market will move into the subprime column.

In setting the standards for the liquidators, the government tries to undertake some consultation. The consultation is meant to ensure that all elements of the business community have a say in the manner in which it is configured. The working systems that the liquidators operate under will require some adjustment as the market expands but the essential elements remain the same. The application of principle to practice is not difficult for the liquidators because they are involved in the setting of minimum standards. The opposite would be true if the process did not include a consultative element.

When it comes to enforcement the liquidators are ironically the people at the forefront of cleaning out the industry. This vigilance comes from the knowledge that the government will intervene if customer rights are being compromised. As is the case with many government programs, they end up making it difficult to operate the business. From the perspective of the liquidators it is preferable to self regulate rather than to expect the government to take a lead role. In any case the government tends to overstep the mark whenever it is called upon to intervene in private business practice.

The people that deal with liquidators on a regular basis say that standards remain consistent. There are no indications that some of the blatant abuses of the process are left unchallenged. Rather the liquidators themselves will point out those problems and seek the removal of those elements that fail to meet the minimum standards. When the drop shipping business comes into play, there is a clear illustration that the minimum standards are being maintained with due diligence. This sort of practice ensures that the industry is addressing the concerns of the modern consumer and ensuring its longevity. Where there are complications, the liquidators have been quick to respond.

by: Brain Smith

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