{"id":12431,"date":"2010-06-16T17:41:10","date_gmt":"2010-06-16T21:41:10","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/why-business-owners-need-a-cmea\/"},"modified":"2022-12-29T08:38:15","modified_gmt":"2022-12-29T13:38:15","slug":"why-business-owners-need-a-cmea","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/","title":{"rendered":"Why Business Owners Need a CMEA"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>At some point in every business owner\u2019s career, he or she needs to know how much his or her machinery and equipment are really worth.<\/p>\n<p>But determining that value is something best left to the professionals. Why? Because the report that states the value can end up in the hands of a lot of entities \u2013 lenders, the IRS, attorneys, and a court of law, just to name a few. They all require a USPAP-compliant, substantiated <a href=\"..\/2010\/04\/28\/the-difference-between-certified-and-non-certified-appraisals\/\">Certified Equipment Appraisal<\/a>. If an appraisal is prepared by anyone other than a qualified appraiser, it won\u2019t hold up to scrutiny.<\/p>\n<p>A Certified Machinery &amp; Equipment Appraiser (CMEA) has the expertise, certification, and knowledge to conduct an independent, unbiased machinery and equipment appraisal. CMEAs abide by the regulations and ethics of the <a href=\"..\/2010\/05\/20\/what-is-uspap\/\">Uniform Standards of Professional Appraisal Practice<\/a>.<\/p>\n<p>Why would a business owner need a CMEA\u2019s services? To be certain they\u2019re not selling too low or pricing their machinery and equipment above the fair market value. Buyers need to know that they\u2019re not paying too much to purchase the machinery and equipment. In addition, the IRS requires buyers and sellers to agree on the value of tangible assets involved with a business transfer. They must \u201callocate\u201d a particular value for tangible assets, as well as goodwill.<\/p>\n<p>By: <a href=\"https:\/\/www.certitrek.com\/nebb\/\" target=\"_blank\" rel=\"noopener\">NEBB Institute<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>At some point in every business owner\u2019s career, he or she needs to know how much his or her machinery and equipment are really worth. But determining that value is something best left to the professionals. Why? Because the report that states the value can end up in the hands of a lot of entities [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[54,47,44],"class_list":["post-12431","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-business-owners","tag-machinery-and-equipment","tag-uspap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Business Owners Need a CMEA? NEBB Institute<\/title>\n<meta name=\"description\" content=\"A Certified Machinery &amp; Equipment Appraiser (CMEA) has the expertise, certification, and knowledge to conduct an independent, unbiased machinery and equipment appraisal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Business Owners Need a CMEA\" \/>\n<meta property=\"og:description\" content=\"A Certified Machinery &amp; Equipment Appraiser (CMEA) has the expertise, certification, and knowledge to conduct an independent, unbiased machinery and equipment appraisal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2010-06-16T21:41:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-29T13:38:15+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Why Business Owners Need a CMEA\",\"datePublished\":\"2010-06-16T21:41:10+00:00\",\"dateModified\":\"2022-12-29T13:38:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\"},\"wordCount\":396,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"keywords\":[\"business owners\",\"machinery and equipment\",\"USPAP\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/why-business-owners-need-a-cmea\/\",\"name\":\"Why Business Owners Need a CMEA? 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