Ten Reasons to Have Your Construction Equipment Appraised With the construction industry being so valuable to the growth of our local economy it can be hard for many construction business owners to understand how having certified equipment appraisals can actually benefit their business. Many business owners feel that unless there is a critical need for [...]
Desktop Appraisals: Are They Useful? When you are having your business assets appraised there are a variety of ways that you can determine the value of your machinery or equipment. There is the method of depreciation that your CPA might use, there is an inspection based appraisal, and then there is the desktop appraisal. For [...]
The Basics of Certified Equipment Appraisals Are you looking to hire a certified heavy equipment appraiser for your southeast Michigan business? Hiring a quality, certified equipment appraiser is the key to getting the most from your appraisal, and having confidence in the information you are receiving. There are many reasons to invest in this type [...]
Preparing for an Equipment Appraisal If you have not had your business’s equipment appraised before, you may be wondering what steps you should take as the business owner to prepare. For many southeast Michigan business owners, this can be a big task, and for others, it can be a very simple task. It’s important that [...]
How an Equipment Appraisal Can Help with Long Term Business Planning As a Michigan business owner, you probably aren’t just looking at your business today, but also looking at how your business might look in the future. You might be looking for that next new contract, wanting a better understanding of the equity that equipment [...]
A Certified Equipment Appraisal for Business Purchase We’ve talked a lot about how equipment appraisals help a business owner that is selling their business. But we haven’t discussed the benefits that requesting certified equipment appraisals can have for the buyer of a business. If you are a Michigan business owner, or are hoping to become [...]
Determining Normal Useful Life A skilled and experienced machinery or equipment appraiser is a great person to have on your list of contractors that help your business. Whether you are buying, selling, leasing equipment or need to have an accurate valuation of your business, a professional equipment appraiser can help you determine the most accurate [...]
Equipment Appraisals in Bankruptcy Bankruptcy is an incredibly stressful process. You lose control of your assets, you can only keep a small portion of what you once owned and you are left feeling like the world is against you. If you don’t provide the courts the right documentation or if the information doesn’t meet the [...]
MDOT Prequalification: Why You May Need a Certified Equipment Appraisal If you are a Michigan construction contractor, and you want to do work for the Michigan Department of Transportation, you know that being a prequalified contractor is a requirement before bidding on a project. Prequalification requires a substantial amount of effort and documentation, so it [...]
Why Your Bank Wants a Certified Equipment Appraisal If you are running a small business in Metro Detroit and your bank asks you for a certified equipment appraisal, you may be wondering why. Even if you aren’t getting a new loan, but have existing loans for your business, your bank may periodically request a certified [...]
