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Article: Defining Equipment Value.(Running the Business)
- Article from:
- Equipment Today Magazine
- Article date:
- December 1, 2007
CopyrightCOPYRIGHT 2007 Cygnus Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Defining Equipment Value
By Garry Bartecki
If you ask me to give you a number for equipment value... well, I guess I would need more information before I can offer an answer. As a CPA and financial analyst who also works in the M&A (mergers and acquisitions) market, my brain generates a menu of values (see Equipment Value Categories), depending on what a contractor is trying to establish.
When I have a typical discussion with clients needing a business valuation, I ask them "as of when" and "what for" because the spread in values can be pretty significant. We won't get into why there is a spread, but believe me there is one.
Think ...