Every day, business owners, bankers, lessors, and lenders come face-to-face with decisions that involve arriving at a realistic, independent value for machinery or equipment. If you can answer “Yes” to any of these situations, you may be in need of an Independent Certified Machinery and Equipment Appraisal conducted by a qualified appraiser: Is there a […]
One of the real challenges a Certified Machinery and Equipment Appraiser (CMEA) faces when they’re called out to an inspection is finding a piece of machinery or equipment they’ve never encountered before. There are generally two scenarios when this happens — when an item is custom-made (or customized), and when an item is rare. Take, […]
In this blog, we talk a lot about staying on the cutting edge of the industry in order to be prepared for any type of appraisal call that comes in. But there’s a flip side to this theory that was tackled this week by the “You’re the Boss Blog” in The New York Times. A […]
Food and beverage companies in North America are noting a trend toward consumer preferences for healthy foods and drinks. Consumers are becoming more aware of the obesity epidemic, and many of them recognize that changing the way they eat is a first step toward a healthier lifestyle. As a result, they are turning away from […]
All across the country, school is out and happy kids (and teachers) are heading off to summer vacation. With a few exceptions, the schools will sit empty until the fall, and all of the equipment and machinery within will sit as well. This is the perfect opportunity to show how a machinery and equipment appraisal […]
The old adage says that practice makes perfect. Artists seem to know this inherently and practice their crafts during every free moment. The same goes for athletes. Imagine the countless hours that go into a competition that may last only moments. Why don’t business professionals follow the same method? Many companies spend quite a bit […]
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 […]
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 […]
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 […]
We spend a lot of time with all sorts of appraisers in our industry, including real estate appraisers. In our conversations with them, we’ve learned that many have started to offer new appraisal services to help build their businesses, including focusing on machinery and equipment appraisal to meet the market demand for these services. These […]
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