Reasons for Machine & Equipment Appraisal Services
When it comes to your business, at some point in time, you will probably need to know its value as well as the "true value" of your machinery and equipment. Business owners, bankers, attorneys, CPA's and courts all ask the same questions, "What's it really worth?; Is there goodwill? etc. Some of the reasons you will need a certified machinery or equipment appraisal are:
- Sale Agreements
- Buyout Agreements
- Financing
- Accounting Purposes
- Tax Purposes
- Business Valuations
- Divorce Settlements
- Valuing Goodwill
- Estate Settlements
- Loans
- Gift Planning
- Retirement Planning
- Trust Agreements
- Estate Valuations
- 1031 Exchanges
- Partnerships
- Dissolutions
- Litigation Support
- Mergers & Acquisitions
- Foreclosures
How costly could an error in judgement be to you in any of the circumstances listed above? Relying on a guess, book value, auctioneer, or the word of a non-certified person is inaccurate and will not withstand scrutiny.To avoid making a costly mistake you need to contact a CMEA. Contact me for an accredited CMEA appraisal.
A Certified Machinery & Equipment Appraisal Report submitted by a CMEA is USPAP compliant and will withstand scrutiny by the IRS, courts, lenders and others.
Call 860-637-0829 or us today.