A recent article in Equipment World, “Take charge of your equipment appraisal,” discusses why it is important for fleet managers to take an active role when it comes to getting a machinery and equipment appraisal for their fleet assets, and it provides some tips on how to work with both appraisers and get the most […]
An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that gives employees ownership of shares in the company for which they work. When an employee leaves the company, the company must buy the shares back at their full market value. To determine the market value of the stock, companies that offer ESOPs must […]
Businesses know that consumers are concerned about the environment, and many of them are, too. As a result, they are making changes to their businesses to reduce their environmental impact. Many of these changes come in the way that they are packaging their products in order to reduce waste. They are already using less packaging […]
Hurricane Sandy left millions of small businesses and property owners with billions of dollars worth of damage. Independent, certified machinery and equipment appraisals (CMEAs) can help business owners who have had losses determine whether the offers they’re getting from the insurance companies are reasonable and may help if owners are seeking emergency loans from the […]
As a driving force within the accounting profession, the National Association of State Boards of Accountancy (NASBA) has been enhancing the effectiveness of the United States’ state boards of accountancy for more than 100 years. NASBA creates a forum for accounting regulators and practitioners to address issues relevant to the accounting profession. NASBA takes pride […]
Since the economic downturn of the last few years, lenders know almost better than anyone that they need to do the necessary due diligence before giving a loan to a business. Even in today’s tight economic environment, lenders backed by the SBA are lending money, but they are increasingly more cautious. They are conducting more […]
Still not sure whether or not you want to pursue a CMEA designation? Don’t forget that as a CMEA you can earn more money, expand your business, find more business opportunities, reduce the risk of liability, and surpass your competition. If you’re looking for more details, the NEBB Institute CMEA Preview Pak can provide you […]
Campbell’s Soup announced last week its plans to close its oldest soup packaging plant, which is located in Sacramento, California. This is a loss for the area’s history because it has always been known as a large player in the canning industry and a loss for area workers. It’s always sad to see a plant […]
We recently came across a forum post from a family business that was seeking a reputable appraiser for a very specific type of appraisal job for letterpress machinery, which highlights the need out there for reputable, certified machinery and equipment appraisers (CMEAs) who are able to provide an accurate value for somewhat rare equipment. “Our […]
Is there much variation in appraisal rules from one state to another? Not really. A piece of machinery or equipment appraised in a west coast state would be treated (and likely valued) the same as a piece of equipment appraised in an east coast state. So that answers the question as it relates to the […]
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