Each month, we will profile a different NEBB Institute member company, focusing on the company’s services and highlighting its unique offerings. Profile Marketing and Consultant Services, Inc., located in Wichita, Kansas, is a provider of certified business valuations, certified equipment appraisals, business consulting, mergers and acquisitions (M&A) consulting, and insurance. Focusing on working with business […]
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 […]
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 […]
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 […]
It is important for any type of business to carry various forms of insurance that can cover a business owner in case of damage to the company’s property and equipment. Although an insurance company will establish its own value of the business’s assets to determine a necessary amount of coverage, it is important that the […]
In addition to providing ongoing support, a dynamic international network, and certification to professionals in the art of machinery/equipment appraisal and brokerage, part of NEBB Institute’s mission is to provide initial and monthly comprehensive education. And approximately 400 NEBB Institute members coast-to-coast and worldwide have found that the CMEA professional designation increased their bottom-line profitability. […]
In July, we wrote a blog series that defined some common machinery and equipment appraisal terms: fair market value, forced liquidation value, and orderly liquidation value. But there are many more terms the industry uses that can be confusing if you don’t have your own working definition of them, and it’s important that you understand […]
Becoming a Certified Machinery and Equipment Appraiser (CMEA) has been a huge benefit to the business of Present Value LLC. The company has become more diversified by offering a full complement of appraisal services, including certified machinery and equipment appraisals. Chris Kinzie and Chris Spinelli, the owners of Present Value, share some of the benefits […]
We’ve discussed orderly liquidation value and forced liquidation value in recent posts. Today, we’ll explain the third type of value a Certified Machinery and Equipment Appraiser (CMEA) may assign to your assets: fair market value. Fair market value is based on the best price you’d receive for your machinery or piece of equipment if it […]
In last week’s post, What is Orderly Liquidation Value?, we discussed just that. An orderly liquidation value is based on the idea that a company can afford to sell off its assets to the highest bidder. However, the circumstances are different in the case of forced liquidation value, as the name implies. Forced liquidation value, […]
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