At the first of this month, changes to the Small Business Administration’s (SBA) 501 10 (c) went into effect. These changes affect SBA loans that involve a change of ownership of fixed assets. Some of the changes are specific to business valuations, but others involve machinery and equipment appraisals. Since these are the ones that […]
Last week on our Facebook page, we asked you: Have you ever considered appraising for an auction? So, we thought we would follow up with a post about machinery and equipment appraisal for auctions. The goal of an equipment auction for a struggling or failing company is to quickly sell off equipment with as high […]
On June 1, 2007, NEBB Institute acquired the Society of Business Analysts (SBA), an organization with the purpose of providing superior professional advice for its clients through continued education and improvement of existing business skills. The SBA was renamed The International Society of Business Analysts (ISBA) on January 1, 2010, to include their international membership. […]
Imagine that you’ve been hospitalized while dealing with a major health crisis. Once you regain your health and are discharged from the hospital, you’d like to show the people who cared for you your appreciation. You decide that the best way to do this is to donate a new piece of equipment to replace the […]
For an experienced certified machinery and equipment appraiser (CMEA), determining the value of a piece of standard farm equipment or restaurant fixtures is a relatively straightforward process. A CMEA will take into consideration various factors to determine value of a piece of equipment, such as its original price, its age, depreciation ranges, and its current […]
It may come as a surprise to many people that manufacturing is still the largest industry contributing to the United States gross domestic product. According to government numbers, manufacturing employs approximately 16.7 million workers, meaning that it is still an industry that needs attention. The size of industrial production and significance in the U.S. economy, […]
It is important for any type of business to carry various forms of insurance that can cover a business owner in case of damage to the company’s property and equipment. Although an insurance company will establish its own value of the business’s assets to determine a necessary amount of coverage, it is important that the […]
In addition to providing ongoing support, a dynamic international network, and certification to professionals in the art of machinery/equipment appraisal and brokerage, part of NEBB Institute’s mission is to provide initial and monthly comprehensive education. And approximately 400 NEBB Institute members coast-to-coast and worldwide have found that the CMEA professional designation increased their bottom-line profitability. […]
When you arrange for a CMEA to do a machinery & equipment appraisal for your business, you will end up with an appraisal report that states the CMEA’s findings and estimates. There are two types of appraisal reports that can be performed: a summary appraisal report and a desktop appraisal report. A summary appraisal report […]
In July, we wrote a blog series that defined some common machinery and equipment appraisal terms: fair market value, forced liquidation value, and orderly liquidation value. But there are many more terms the industry uses that can be confusing if you don’t have your own working definition of them, and it’s important that you understand […]
NEBB Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The National Equipment & Business Builders (NEBB) Institute provides initial and monthly comprehensive education, on-going support, a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.
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