On-Site Machinery & Equipment Appraisal Report
Are you looking for a thorough and transparent valuation of your machinery and equipment, especially for complex or high-value assets? The On-Site Certified Machinery and Equipment Appraisal delivers exactly that. This detailed assessment, conducted by certified appraisers who adhere to industry standards like USPAP, provides a comprehensive description of your assets, the methodologies used, and the reasoning behind the valuation conclusions. What sets this appraisal apart is its access to comprehensive national databases, allowing for enhanced accuracy in valuations through data-driven insights that go beyond traditional methods. Additionally, the appraisal includes a detailed asset condition assessment, offering thorough evaluations of the physical and functional state of your equipment, with clear classifications that provide a deep understanding of each asset’s status. With its precise and credible valuation, the On-Site Appraisal is ideal for legal disputes, financial reporting, and any situation where accuracy and transparency are paramount.
* Prices vary based on number of pieces of equipment to be appraised. To get an instant quote that's customized for your business, click the "Get Started" button. Travel expenses not included.
About this Report
How to Order
Here's an easy-to-understand explanation of the process to order and provide the information needed to obtain your report:
Step 1: Click the Green Get Started Button
Initiate the process by clicking "Get Started" and provide essential details about yourself and the company. This includes specifying the reason for the report, number of legal entities, annual sales, and property ownership.
Step 2: Select and Customize Your Report
After entering company details, our system matches your needs with suitable reports. Choose your desired report, customize it if needed, and add it to your cart. Review additional recommendations, enhance your report options, and proceed to checkout. Pay securely with major credit cards, Affirm, or ACH.
Step 3: Provide Additional Information
On the "Information We Need from You" page, submit the required details about the company.Subsequently, you’ll receive an email inviting you to the Data Collection Portal.
Step 4: Accept Invite to Data Collection Portal
Check your email for an invitation from officeadmin@datacollectionportal.com to the secure Data Collection Portal. Accept the invite to create your account.
Step 5: Complete Portal Intake Form
Navigate through the portal, filling out required forms and carefully following instructions. Save your progress if needed. Once finished, click "I've finished" to notify BizWorth that your valuation application is ready to commence. This initiates the appraisal, starting the countdown for delivery within the specified turnaround time. Check your email for updates.
This process is designed to be simple, efficient, and tailored to your business valuation needs.
How to Prepare
To help our appraisal team complete your report efficiently, here’s some information that will be useful to gather along the way. Don’t worry if you don’t have everything upfront—we’ll guide you through the process in the Data Collection Portal:
Business Information: Company owners. Primary company address. Legal business name, NAICS code and website.
Machinery & Equipment Details: Number of items to be appraised (only include items that originally cost above $2,500). Description and location of items. Refurbishment and general maintenance. Previous offers to purchase items.
Depreciation Schedule: A depreciation schedule is an accounting procedure and spreadsheet for tracking the purchase of capitalized items and their depreciation status. Please upload depreciation schedule in Excel (.xls) format. The depreciation schedule often includes an asset description, serial number, date placed in service, depreciation method, cost basis (purchase price) of the equipment, accumulated depreciation, and current book value. If you or your accounting system does note have a depreciation schedule, then please create a list of the equipment to be appraised, in Excel (.xls) format,including as much of the information as possible for each piece of machinery and equipment.
Maintenance Schedule: Upload the maintenance and repair records, if kept,of each item to be appraised.
Pictures of Machinery & Equipment: Upload pictures of each item to be appraised that had an original purchase of $2,500 or more. Be sure to label each picture clearly,identifying which asset it is of. You can upload more than one picture of an asset, if relevant.
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