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Expanding Your Appraisal Reach
Are you a real estate appraiser looking to expand your skill set? You’re not alone. During the Great Recession, many real estate appraisers found that their flow of business ground to a halt. Some real estate appraisal companies were not prepared for such an extended downturn in the real estate market and were forced to […]
The Hot New Trend in Food? Robots!
Here is another example of why it is so important for CMEAs to stay on the cutting edge of the machinery and appraisal industry. Using automation in food and beverage packaging is nothing new, but the food industry is now making greater demands for robots to help the process along. In response, manufacturing companies are […]
Why Would You Need A Certified Machinery And Equipment Appraisal?
There are at least 20 reasons lenders, CPAs, Attorneys, business owners, and others may need a certified machinery and equipment appraisal (CMEA) is required by lenders, CPAs, attorneys, business owners, and others. Lenders are required to substantiate equipment values to satisfy the U.S. Small Business Administration and bank examiners. CPAs are required by the IRS […]
Recent International Society of Business Analysts (ISBA) Podcasts
As we’ve discussed in the past, membership in the NEBB Institute automatically gives you membership in the International Society of Business Analysts (ISBA). ISBA membership is a tremendous resource to have, in part because of the educational opportunities it provides. Our educational podcasts touch on an array of subjects, everything from buying your business to […]
Appraisals for Furniture, Fixtures, and Equipment
From an appraiser’s perspective, furniture, fixtures, and equipment (FF&E) includes everything a business needs to function that is not attached to the business’ building. Things like office furniture, technical components, filing cabinets, and cases used to hold collateral are all considered FF&E. Items like these are on a fast depreciation schedule, so business owners tend […]
Putting Together and Maintaining an Asset List Prior to a Machinery and Equipment Appraisal
If you’re planning to have your machinery and equipment appraised, make sure the appraiser has an up-to-date, complete list of the machinery and equipment that is going to be appraised. Many companies don’t keep their asset lists up to date, but it can help save lots time and potentially money. Maintaining an asset list on […]
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