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The Dangers of Not Getting a Certified Machinery and Equipment Appraisal
A recent story out of Wisconsin illustrates the importance of equipment appraisal. Two small Wisconsin towns – Vernon and Big Bend – have used a shared fire department for years. But now each town will be getting its own fire department, so the machinery and equipment had to be divided between the two new […]
Small Business Administration Changes
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 […]
Auction Appraisals
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 […]
The International Society of Business Analysts
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. […]
Donating a Piece of Equipment? Get a Gift Appraisal
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 […]
Appraising Custom Machinery and Equipment
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 […]
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