When you’re thinking about selling your business, or purchasing one, it’s vital to know the overall worth. This data will help you establish a dependable and accurate figure, and allow you to plan your finances accordingly.
You will also be able to submit this information to potential buyers, and when you can support your offer, being able to back it up with an appraisal that’s been completed by an independent third-party shows you’re serious about the price.
The inherent value of any business includes the intangible – brand worth, reputation, track record – and also the tangible assets. These include property values, the physical size of the building, the employees, and machinery and equipment.
The machinery in your business carries an extreme amount of value, and if it’s been properly maintained over their course of service, you can get back some of your investment.
When the term machinery is used, many business owners who aren’t in the field of manufacturing or production may think what they own doesn’t qualify. However, you may have components that qualify.
Equipment is another asset that you need to have appraised. Computers, laptops, printers, servers, and even office furniture like chairs and tables hold value – and a full inventory has to be completed so nothing is missed.
In order for your equipment and machinery to be considered part of your business’s values, the best option is to have a certified appraiser to conduct this review.
These appraisals can also serve other purposes that can include:
Murphy Business can help. We’re one of the largest certified machinery and equipment appraisers in America, and with more than 150 offices in the country, we can handle just about any request.
When we conduct one of our appraisals, it will be done by a certified professional who has experience in every aspect of his field. That means a deep knowledge of the equipment, along with experience in brokerage, a key talent that other firms don’t have.
Each appraisal that’s completed has to be done in compliance with the Uniform Standards of Professional Appraisal Practices (USPAP). This ensures that the appraisal has been performed by an independent third party, and the final figures that are produced are acceptable.
There are two different reports that our appraisers can produce, both of which are equal in value, and adhere to the standards of the USPAP.
Murphy business Sales has been around for more than two decades, and our staff of appraisers are licensed and registered – plus they continue to stay up to date on their industry and complete any necessary training classes.
Contact us today so we can discuss your appraisal needs.