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Is Outsourcing Slowing?
A recent article on CBS MoneyWatch titled “Manufacturing jobs loss to stop, says study” says that according to a study done by The Hackett Group, the net loss of jobs to China from the U.S. is slowing. In addition, as a result of higher salaries in China and rising oil prices that make shipping goods […]
Learn About the Benefits of NEBB Institute Membership: Request a CMEA Preview Pak!
The certified machinery and equipment appraisal (CMEA) designation has been instrumental for NEBB Institute members in: Increasing bottom-line profitability Increasing business opportunities Gaining professional credibility Reducing the risk of liability To learn more about how you can do this for your business, contact us to receive the CMEA Training Preview Pak, a 15-page comprehensive view […]
Why Price and Value Are Two Very Different Things
When you arrange to have a CMEA perform an appraisal of your equipment or machinery, what they’ll eventually present to you is what they believe to be the value of the equipment. This value is based on many factors, including the age of the equipment, the condition, and so forth. That’s why value has such […]
Machinery and Equipment Depreciation
The word “depreciation” means different things to different people. To an accountant, depreciation is a way of allocating the purchase price of an asset across its useful life. This method takes into account normal wear and tear when the asset is in use. Machinery and equipment appraisers assign a different meaning to the term. To […]
Who Is Earning The Certified Machinery and Equipment (CMEA) Designation?
You may be surprised at some of the types of professionals who have expanded their service offerings by obtaining a certified machinery and equipment (CMEA) designation from NEBB Institute so they can add machinery and equipment appraisal to their service offerings. Here are some examples of the types of professionals who are adding the CMEA […]
Appraising Machinery that Is Rare or Custom Made
When a Certified Machinery and Equipment Appraiser (CMEA) inspects a cement mixer, office equipment, or something that is ready to use out of the box, he or she uses a set of factors to determine the equipment’s worth. These factors include the original purchase price of the equipment, its depreciation, how much wear and tear […]
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