Why Auctions Work in Good Times and Bad

When the economy faces challenges, some companies will do well while others will struggle to survive. Dick Kiko, the CEO of KIKO Realtors Auctioneers and Advisors, says liquidity is critical in any situation — whether a company is struggling to regain a foothold or needs an injection of cash to take the business to the next level. And an auction is one tool that can be used by any company, in any position, to generate liquidity.