As a business owner, corporate officer or financial officer you need the correct knowledge to make the critical decisions for success. Hedging against excessive taxes, over insured equipment and under collateralized assets can take a toll on the bottom line. At one time or another you will be faced with needing to know…What’s Your Machinery/Equipment Really Worth?
What do you do? Guess? Ask a friend? Go by book value? Unfortunately, guessing, friends and book values are risky, unsubstantiated, and inaccurate! A Lender, CPA, Attorney, Court, and others ALL need a USPAP compliant, substantiated Certified Equipment Appraisal. If your appraisal is prepared by anyone other than a “qualified” appraiser preparing a “qualified” appraisal, your appraisal will not hold up to scrutiny required by governmental authorities, lenders, CPAs, attorneys, courts, and others!
A Certified Machinery & Equipment Appraiser (CMEA) Gives You An Independent Substantiated, Irrefutable, and USPAP Compliant Report You Can Rely Upon With Confidence.
A CMEA professional has the expertise, certification and knowledge to conduct an independent third party machinery/equipment appraisal. Therefore, the value of an item is substantiated and reflects the realistic true market value of an item. In addition, each CMEA abides by the regulations and ethics of the Uniform Standards of Professional Appraisal Practice (USPAP).
Why Would You Need The Professional Services of a CMEA?
Sellers need to know that they are not selling to low or pricing their machinery/equipment above the fair market value. Buyers want to know that they are not paying too much to purchase the machinery/ equipment.
In addition, for allocation purposes to the United States from the International Market, the IRS requires buyers and sellers to agree on the value of tangible assets involved with a business transfer. They must “allocate” a particular value for tangible assets as well as goodwill.
A Certified Machinery/Equipment Appraisal holds up under scrutiny with courts, financial institutions, and other lenders. That’s not all, business owners utilize a Certified Appraisal Report in connection with good business sense in the following areas …