Fair Market Value (FMV) Appraisals Fair Market Value (FMV) considerations are crucial when purchasing, selling, financing, or tax-calculating used machinery. Failing to take this step may lead to costly missteps ranging from undervaluing assets and losing out on potential gains to overpaying equipment or inaccurate tax calculations. R. Stout Appraisals' certified machinery and equipment appraiser [...]
How Certified Equipment Appraisals Help Your Michigan Farm Farming can be a tough business here in Michigan. Farmers in Michigan depend on Mother Nature to be kind during the summer so that crops have high yield and you can get a good price for your products. When Mother Nature doesn’t cooperate, many farmers rely on [...]
Restaurant and Bakery Equipment in Michigan: What Can You Appraise? Appraising equipment for a restaurant or bakery comes with challenges that we often don’t see with other types of business equipment. When a restaurant owner comes to us, whether it’s for the purpose of business valuation or they are selling their business or used equipment, [...]
Other Reasons to Have a Certified Equipment Appraisal in Michigan We talk a lot about the importance of having a certified equipment appraisal for business related reasons, like your taxes, a business valuation, the sale of your equipment, or getting a loan. The normal, everyday business stuff. But there are a number of other reasons [...]
What to Look for When Hiring a Michigan Equipment Appraiser Your Michigan business depends on having the best information when it comes to preparing taxes, getting a loan or buying or selling equipment. Having bad information after having relied on your friend, local equipment dealer, or auction house can cost you a loan, create errors [...]
Getting the Most from Your Certified Equipment Appraisal As a Michigan business owner, you rely on all sorts of information to make your business successful. This may include working with a CPA to help with your taxes, an attorney to help you navigate through the legal parts of owning a business, and a variety of [...]
Factors That Can Affect Your Michigan Equipment Appraisal We know that as a business owner, if you are looking for an equipment appraisal, you want to get the best value possible. Your equipment, whether we are talking about heavy machinery, farm equipment, manufacturing equipment or even restaurant equipment and supplies, is an important part of [...]
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 [...]
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 [...]
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 [...]
