Good news, everyone! Charlie Sheen is auctioning off a behind-the-scenes set tour of his new show “Anger Management.” The proceeds of the auction will benefit the Step Up Women’s Network. Now, how would you assign a value to that tour? What is rubbing elbows with a celebrity worth? Would the potential for bad behavior add […]
A recent article on CBS MoneyWatch titled “Manufacturing jobs loss to stop, says study” says that according to a study done by The Hackett Group, the net loss of jobs to China from the U.S. is slowing. In addition, as a result of higher salaries in China and rising oil prices that make shipping goods […]
When a Certified Machinery and Equipment Appraiser (CMEA) inspects a cement mixer, office equipment, or something that is ready to use out of the box, he or she uses a set of factors to determine the equipment’s worth. These factors include the original purchase price of the equipment, its depreciation, how much wear and tear […]
When it comes to ethical conduct, no one in the appraisal industry takes it as seriously as NEBB Institute. We’ve discussed the NEBB Institute Code of Ethics & Competency Appraiser Awareness Program before, but it’s important that we revisit it from time to time. Why? Because if we require our CMEAs to attend a CMEA […]
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? […]
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 […]
All Certified Machinery & Equipment Appraisers (CMEAs), who are certified by the NEBB Institute, undergo comprehensive training on the approaches to value, depreciation, value determination, USPAP regulations, and ethics. The CMEA is a professional designation, and the field of certified appraisal is growing rapidly. At the NEBBI, we decided to take the field to the […]
A new year brings with it promises of tax time. And while you’re poring over the multiple forms on your desk and sorting through your 2010 receipts, you may already be planning for your 2011 taxes. If you’re planning on selling one of your business’s assets this year and replacing it with a new one, […]
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 […]
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 […]
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