What Every Business Owner Needs To Know About Their Machinery and Equipment….

Uncover the 5 Secrets to Protect Your Business.

 Serving Southern California

Secret #1: Know What Your Machinery and Equipment Is Really Worth.

When it comes to business, at some point in time, you will probably need to know the true value of the machinery and equipment. Since the answer to that question often affects an important decision, it makes good business and financial sense to utilize a professional Appraiser. Business owners, attorneys, CPA’s, and courts all ask the same question… "What’s The Machinery and Equipment REALLY Worth?" Is there goodwill? Do only the tangible assets of the business have value? If so, how are those assets valued? Book value (not accurate), or worse yet, do you guess or take a non-certified person’s word?

 

Secret #2: Reduce the Risk and Liability.

Estimating the true market value of your machinery and equipment at any given time requires the specialized skills of a professional who has the expertise and certification to determine its true fair market value. Whether you need to know the fair market value or other standards of value such as liquidation value, salvage value or replacement cost, doesn’t it make sound financial sense to obtain a credible Certified Appraisal Report that holds up under scrutiny with financial institutions, government agencies, buyers, sellers, shareholders and partners? An error in judgment in appraising machinery and equipment can be costly. That’s why our appraisers are certified by NEBB Institute and are authorized to use the professional designation of CMEA.

Secret #3: Know When A Machinery And Equipment Appraisal Is Needed.

If you can answer "Yes" to any of these business situations, you absolutely need the professional services of a CMEA who can deliver a true accurate value of the machinery and equipment. Bankers need a Certified Machinery and Equipment Appraisal in support of loan decisions. CPA’s who convert their clients from a C to a Sub-Chapter S Corporation need a Certified Machinery and Equipment Appraisal. Attorneys need a Certified Appraisal for their client’s business transactions and litigation support.

 

  • Business Valuation
  • Mergers & Acquisitions
  • Buy/Sell Agreements
  • Partnership Dissolution
  • Litigation Support
  • Divorce Settlements
  • Insurable Value
  • Loans
  • Foreclosures
  • Trust Agreements
  • Estate Settlements
  • Tax Purposes
  • Retirement Planning
  • Gift Planning

Secret #4: Appraisal Reports Are Not Created Equal. Know What to Expect.

For a Certified Appraisal Report to withstand scrutiny of lenders, attorneys, buyers, sellers, CPA’s, IRS, and courts, it is essential that the report include evidence that supports the true fair market value. Our comprehensive and detailed appraisal report provides an accurate and descriptive analysis backed by photographs, model numbers, serial numbers, and current market value. Our values are based on extensive research, personal inspection, contact with manufacturers and suppliers to determine what your items are really worth. We stand behind our appraisal reports and that’s why it withstands scrutiny. Our Certified Machinery and Equipment Appraisals are performed to standards set by the requirements of the CMEA designation, ethics and guidelines set forth by the Uniform Standards of Professional Appraisal Practice (USPAP).

 

Secret #5: Knowledge and Expertise when you need it.

At F.J. Chastain Appraisal Service, we deliver 45 years of rock solid expertise and integrity in the appraisal field. With prior experience in the Truck and Equipment field as an owner of Excel Transport, Eastern Truck and Equipment, and co-owner of Commonwealth Adjustment Services. You need a professional who can handle it all.

9 out of 10 Business Need A Machinery & Equipment Appraisal Every Year!