We’ve blogged quite a bit about valuations and appraisals — who does them, why they’re important, and so forth — but we’ve never really broken the valuation process down step by step. So in case you’re curious, here’s how the magic happens. Step 1: Assessment This is where the appraiser identifies who the client is, […]
When you join the NEBB institute, you get automatic enrollment into the International Society of Business Analysts (ISBA). The ISBA’s course schedule was recently announced and has all you need to expand your valuation knowledge. The ISBA offers a pre-class, conducted online, which will prepare you for the in-person classes. The in-person courses take place […]
All across the country, college students are walking across stages, shaking hands with deans, and collecting, at long last, their hard-earned degrees. It’s a very exciting time, and a genuine milestone in young people’s lives — doors that were closed to them are now open, and in most cases, they’ve increased their earning potential significantly. […]
If you ask a CMEA to appraise your piece of equipment or machinery, you’ll eventually receive a statement of their belief about the value of the piece appraised. The value comes from a variety of factors, such as how old the equipment is and how well its been kept up. Value has a huge range […]
A lot of folks don’t realize it, but when you join NEBBI, you get a complimentary membership in the International Society of Business Analysts (ISBA). And having an ISBA member in your corner can be a huge advantage in today’s business climate. To illustrate this point, here are 20 essential business reasons to consult an ISBA […]
In the appraisal world, there are plenty of sister- and brotherhoods. At NEBBI, our focus is on machinery and equipment, but we have a close relationship with organizations and companies that appraise real estate, property, jewelry, antiques, and all sorts of other things for which people need to know the correct value. Those are just […]
Around this time of year, we don’t really think too much about giving gifts. Except perhaps an Easter basket. But as a business owner, here’s something you might not be aware of — if you gave a piece of machinery or equipment to a person or company during the year and received nothing in return […]
The auction business has always been viewed as somewhat recession proof. When times are good, companies need to sell off old equipment to make room for the new. And when times are bad, companies need to sell off old equipment to pay the bills. But in this long-lasting recession and slow recovery, some auctioneers have […]
The American Society of Appraisers will be presenting a two-day Machinery & Equipment ID Conference on June 4-5, 2014, at the Hyatt Regency Cleveland at The Arcade in Cleveland, Ohio. Sponsored by ASA’s Machinery and Technical Specialties Committee, this annual event will include informative educational sessions from experts in the field who will discuss current […]
As a small business owner, it’s likely that you’ll need an appraisal at some point in the life of your business, whether you’re selling it, trying to get a loan, or unloading used equipment. When you hire an appraiser, it is helpful to provide him or her with a complete list of the machinery and […]
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