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 […]
Not two careers you normally associate with one another, are they? But there is one common thread between CMEAs and undertakers. What could it be? Read on … There’s a very old saying that goes along the lines of “Even in the hardest of times, the undertaker never goes hungry.” In other words, the undertaker’s […]
If a co-owner of a business wants to sell or retire, or if the other partners want someone out, they will have to draw up a buyout agreement, or buy/sell agreement. This agreement details the way a business will buy the co-owner’s shares and is intended to protect all parties involved in the buyout. Don’t […]
Just a quick scan through the CMEA Search page on the NEBBI site makes one fact abundantly clear: the machinery and equipment appraisal landscape is a male-dominated one. Maybe there’s an overarching reason for that and maybe there isn’t, but either way, that’s how it is. Of course, the days of thinking that women are […]
Cost segregation is a technique used to depreciate assets. It divides real estate into different categories — personal property, such as machinery or equipment, land improvements, buildings on the land, and the land itself. Then, personal property and land improvements are depreciated quickly. This reduces the building owner’s tax obligations. If your business is considering […]
So the “E” in CMEA stands for equipment. Does that mean if you’re seeking CMEA certification, you need to know everything there is to know about equipment works? As it turns out, no. The primary focus of a CMEA is the appraisal. So regardless of whether a CMEA is appraising medical equipment, construction equipment, a […]
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