Divorce is never easy. It’s emotionally and financially draining, and it can affect your life for years after the fact. Certain factors can make a divorce even more complicated — children, property, possessions, and especially a business partnership. While cash, securities, and homes have values that are relatively easy to identify, a divorcing couple that […]
Okay – January is almost over. But the good news is that all of your resolutions you make by the end of this week still count! Or at least, that’s what we’re going with. The days back at work after the holidays can be busy ones, and business owners are often too busy playing catch-up […]
The reason for hiring a CMEA for your machinery and equipment appraisals is abundantly clear — a CMEA is a certified USPAP-compliant expert whose report will stand up to any scrutiny. But let’s think about this for a minute. A doctor is a certified expert who is bound by the same Hippocratic oath as every […]
We often talk here about businesses closing due to lack of business. But what happens when a successful business has to close because of the death of the owner? In these cases, a lot of factors come into play, like differing opinions about what to do with the company’s assets. When multiple family members are […]
Here at NEBB Institute, you may have noticed that we hammer away at the notion of making sure you use a certified appraiser for your appraisals. We speak of the dire consequences of using a non-certified appraiser, but perhaps a real-world example of what can happen is a much more effective red flag. A hospital […]
According to an article on PharmTech.com titled “Buying Used Equipment,” purchases and sales of used pharmaceutical equipment is on the rise. According to the article, used lab equipment has been available for a long time, but the availability of used processing equipment has increased over the last decade. The article owes this trend to recognition […]
With the holidays winding down, it’s time to look ahead to the new year and one of the less popular events — tax time. When it comes to filing taxes, one of the most overlooked aspects is donations. Donated machinery or equipment with a value over $5,000 requires an equipment appraisal. The IRS has strict […]
The NEBB Institute is proud to be an organization that upholds the highest standards of the appraisal industry. Our members comply with the Uniform Standards of Professional Appraisal Practice (USPAP), and we abide by the strictest professional ethics. These practices help maintain the trust necessary between appraiser and client in the professional appraisal practice. Of course, we certify professionals […]
Many years ago, the Northshore Mall (then the Northshore Shopping Center) in Peabody, Massachusetts had an annual holiday tradition that was truly a sight to behold. Every year they would set up a full-scale holiday village in the center of the mall’s concourse. There were old-fashioned shops and houses, and you could glimpse animatronic families […]
Many companies spend the end of the year looking toward the next and working on their budgets for the new year. Sometimes, those budgets include equipment purchases, which means that the old must be sold. Our CMEA members might have many customers or potential customers in this situation. Figuring out how to help them is an excellent […]
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