Sometimes, small business owners find that the most efficient way to shop for a loan is to use the services of a loan broker. A loan broker essentially acts as a middle man between the business owner seeking a loan and the lender. The loan broker will need the same information that a lending institution […]
As much as most people hate to admit it, summer is quickly winding down and fall is almost upon us. Along with the changing leaves and the cooler air, kids will be transitioning from summer activities back to the classroom, where they’ll start learning all sorts of things that will help prepare them for the […]
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 […]
When you’re selling your house, the most important thing to do before you list it is to clean it, make any obvious repairs, and present it in the best possible light. The same holds true when you’re ordering an appraisal of your machinery or equipment. The last thing you want is any surprises when your […]
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 […]
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 […]
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 […]
Within the machinery and equipment appraisal realm, there are a number of different designations that appraisers can earn. Three of the most common designations are Machinery & Equipment Appraiser (MEA), Certified Machinery & Equipment Appraiser (CMEA), and Senior Business Analyst (SBA). They all sound suitably impressive, but what do they all mean? A CMEA is […]
The world is moving forward, and whether we like it or not, we must all move forward with it. The image of the appraiser sitting in an office with a desk covered in paperwork and huge file cabinets stuffed with more paperwork is becoming as outdated as the 8-track. Technology is changing everything. Many appraisal […]
When it comes to a Certified Machinery and Equipment Appraisal (CMEA), it’s genuinely surprising to find a business owner who will ask “How much will it cost?” Before we address why that’s such a surprising question, let’s answer it. The cost of an appraisal depends on the scope and complexity of the appraisal assignment. In […]
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