Equipment appraisals are needed by a variety of individuals and businesses across different industries. Some of the key groups that require equipment appraisals include: 1. Business Owners & Companies 2. Financial Institutions & Lenders 3. Insurance Companies 4. Legal & Accounting Professionals 5. Government Agencies 6. Investors & Private Buyers
Equipment appraisal is the process of determining the value of machinery, tools, and other tangible assets used in a business or industry. This valuation is typically performed by a certified equipment appraiser and is used for various purposes, including: The appraisal can be based on different valuation methods, such as fair market value, liquidation value,