We’ve talked frequently about how a Certified Machinery Equipment and Appraiser (CMEA) designation can help you. It can add an additional income stream to a real estate appraiser’s business. It can help you become an auctioneer or become involved in auctions. But as a CMEA, who will turn to you for your help and expertise? […]
An article published this week in The Arizona Republic discusses an auction recently held in Arizona. In 2009, a town in Arizona purchased from a dairy farmer his equipment, land, and right-of-way to turn the land into a park. Problems arose after an investigation revealed that the town paid almost 10 times the market value […]
Before a business owner gets his or her assets appraised for insurance, sale or before the sale of a business, there are a few things the owner should do to make sure that the appraisal process goes well. Make Lists – Write down each piece of equipment that should be appraised. If you have serial […]
Because we didn’t think the industry standards were strong enough, the NEBB Institute created and promotes a powerful ethics standard in the machinery and equipment appraisal industry. We are committed to preserving the public trust and educating the public on how to protect themselves when it comes to getting accurate machinery and equipment values. The […]
A recent Wall Street Journal article, “Firms with Collateral Gain an Edge,” suggests that even in the current economic environment, banks are lending; however, they are more likely to lend to businesses that have tangible collateral. According to the article, companies with tangible assets such as machinery and equipment or property are “getting a first […]
For individuals in the business consulting industry, whether it be machinery and equipment appraisers, business brokers, bankers, or a variety of other consultants, it can be difficult to find the right network of professionals in related fields to call on when necessary. The International Society of Business Analysts (ISBA), which is owned by the NEBB […]
An Employee Stock Ownership Plan (ESOP) is a benefit that allows workers to purchase shares in the company that employs them. The company buys those shares back at their full market value when the company and the employee part ways. Companies that offer employees the ESOP benefit have annual valuations performed so they always know […]
Are you a small business owner who has made the decision to liquidate your assets? If you’ve gotten to this point, there are many legal and financial matters that will need to be dealt with, including meeting with your attorney and accountant to make sure that you have all your ducks in a row. You […]
In an October blog post titled “Auction Appraisals,” we discussed the possibility of certified machinery and equipment appraisers (CMEAs) conducting appraisals for auctions. In that post, we said that auctions are a simple and fast way to sell equipment in the event of a business failure. But there’s another occasion when an auction could be […]
Typically, before performing a machinery and equipment appraisal, a CMEA will outline the scope of work required by an assignment. The USPAP (Uniform Standards of Professional Appraisal Practice), to which all CMEAs adhere, has published guidelines to help machinery and equipment appraisers know what to include in the scope of work. The minimum standards for […]
NEBB Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
The National Equipment & Business Builders (NEBB) Institute provides initial and monthly comprehensive education, on-going support, a dynamic international network, and certifies professionals in the art of machinery/equipment appraisal and brokerage.
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