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Archive for the ‘Machinery & Equipment Appraisal’ Category
September 22, 2011 Appraisals Are Important and an Arizona Controversy Proves It
This week, there’s an article in The Arizona Republic about an auction that was held in Arizona recently. A town in Arizona purchased equipment, land, and right-of-way from a dairy farm in 2009 with plans to turn the land into a park. Controversy arose when it was discovered that the town paid nearly 10 times [...]
June 24, 2011 Owning a Business and Getting Divorced
An article in the Wall Street Journal Magazine, “How to Divorce a Business Partner,” discusses the numerous issues that can arise when a married couple who own and run a business together decide to divorce. The article cites the National Federation of Independent Business statistic that “more than one million husband-and-wife teams run businesses together,” [...]
May 10, 2011 Liftboat Appraisals
A few weeks ago, we discussed our move into the international appraisal business, and promised details about some of the jobs we’ve done overseas. Some of the more interesting appraisal jobs we do are on rare pieces of equipment. Present Value LLC has done several appraisals on liftboats, which are very specialized pieces of equipment, [...]
January 18, 2011 Top 5 Machinery and Equipment Appraisal Posts from Present Value in 2010
Three Things to Think About When Engaging a Machinery and Equipment Appraiser An error in a machinery and equipment appraisal can be costly. You should have confidence that the appraisal values are accurate and are backed by evidence to support the fair market value, fair value, orderly liquidation value, or forced liquidation value. These four [...]
November 16, 2010 Preparing for Asset Liquidation
If you are a small business owner who has made the decision to liquidate your assets, there are a number of things to think about as your prepare to do so. First you will need to attend to a number of legal matters. You should meet with your attorney and accountant to ensure that you [...]
September 9, 2010 Three Things to Think About When Engaging a Machinery and Equipment Appraiser
An error in a machinery and equipment appraisal can be costly. You should have confidence that the appraisal values are accurate and are backed by evidence to support the fair market value, fair value, orderly liquidation value, or forced liquidation value. These three factors can help ensure that your machinery and equipment appraisal report will [...]
August 19, 2010 The 7-Step Scope of Work for a Typical Machinery and Equipment Appraisal
As part of a typical machinery and equipment appraisal, the appraiser will outline the scope of work involved in an assignment. The USPAP (Uniform Standards of Professional Appraisal Practice) has put forth guidelines that machinery and equipment appraisers should include in the scope of work. The minimum standards for scope of work include the expectations [...]
June 15, 2010 Did Someone Call the Health Inspector?
Yesterday, an article appeared in The San Diego Union Tribune titled “County Issues Alert on Health Inspector Scam” about a scam happening in San Diego, the home city of Present Value’s west coast offices. Apparently, a phony health inspector has been calling area restaurants and, claiming that there are new procedures for arranging a health [...]
May 18, 2010 Glimmers of Hope in Small-Business Lending
After more than two years of stagnation, it appears that small-business lending is on the rise. The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing, increased 4% in March 2010, the first year-on-year gain since October 2007. A recent Time Magazine article reported that many small and community banks are [...]
May 13, 2010 Machinery and Equipment Auctions
Earlier this month, a major industrial auctioneer sold more than 3,600 heavy equipment pieces at a two-day auction held in Texas, proving that there is a strong demand for heavy machinery and equipment. Nearly 3,000 people from 41 different countries bid in person or registered to bid for items online during the event. Online bidders [...]