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Posts Tagged ‘machinery appraisal’

September 7, 2010 Online Auctions for Homes

Wayne County, in Michigan, has a lot of tax-foreclosed properties – more than can be efficiently sold in traditional auctions. As a result, the county decided to sell the properties in an online auction. We’ve discussed in the past the benefits of selling machinery and equipment in an online auction; selling homes in an online [...]

August 26, 2010 Partnership Dissolution

We’ve written about succession planning, buying a business, and selling a business, and the importance of securing an accurate business valuation or asset appraisal in all of these scenarios. But what should you do in a partnership situation if one partner wants to sell and the other doesn’t? In this scenario, things can get a [...]

July 27, 2010 Freeing Up Much-Needed Cash

When we’ve discussed online auctions in the past, we’ve typically talked about them as a simple way to sell machinery or equipment when a business fails. But what if your business isn’t failing? Maybe you’ve experienced a bit of a slowdown – and if you have you’re not alone – but are still holding strong. [...]

January 21, 2010 To Sell or Not to Sell?

In previous posts, we have discussed that if a business owner is looking to sell equipment or machinery, he/she needs to know three separate types of value that their assets could bring in the market – orderly liquidation value, forced liquidation value, and fair market value. The differences among these types of machinery and equipment [...]

November 3, 2009 Auction Value: Orderly Liquidation

In last week’s blog, we began a discussion about the three different types of value that a certified appraiser will provide prior to a company auctioning off its assets. In this blog, we will address the first type, orderly liquidation value. A liquidation value is the estimated amount of money a company’s assets could quickly [...]

October 29, 2009 Know the Value of Your Machinery and Equipment Before an Auction

While the economy is showing signs of improvement, there are still a number of companies that are being forced to close their doors, which in many cases includes liquidating their equipment and machinery assets. Oftentimes, the most quick, efficient way to do this is through auction. When considering an auction, a company should first contact [...]

September 3, 2009 Article for the NEBBI Newsletter

Chris Kinzie and Chris Spinelli of Present Value had an article featured in the latest National Equipment and Business Builders Institute (NEBBI) newsletter. The NEBBI is an international organization that trains and certifies certified machinery and equipment appraisers to perform appraisals that comply with USPAP standards, and Present Value is proud to be an NEBBI [...]

April 9, 2009 1031 Exchanges

Tax time is here, and even while you’re puzzling over that pile of papers on your desk, you may already be planning for next year. If selling an asset and purchasing another is in your plans for 2009, you may want to consider a 1031 exchange. A 1031 exchange is an IRS-recognized method of deferring capital [...]