YOU DON'T KNOW THE WORTH OF YOUR OWN ASSETS
Whether you want to sell your business, a single piece of equipment, acquire a loan against your assets, pass your business along to your children or lower your property taxes, it is critical to know what your assets are worth. As a business leader, you may be undervaluing your total worth, but once Equify tells you the true value of your assets you'll be able to make more informed decisions.
Do you need to know the value or worth of your assets but are unsure of where to begin? Answer these few questions to see how your business is performing on our fourth principle of a healthy business, Assets.
Would you know who to call if you needed to know the value of your assets?
If a life-changing event occurred, would you have a current valuation of your assets?
Are you confident an average appraiser would understand the complexity of your business?
Is your old equipment over-valued and costing you unnecessary tax dollars?
Would you like to know the value of your property?
A certified appraisal has no agenda other than to tell the truth. A depreciation schedule of assets is not enough to protect you, as this does not reflect up-to-date fair market value. When what the customer says just isn't good enough, you need to have a true and accurate value of the asset(s) in question. Otherwise, you open yourself up to increased risks and liability.
Southwest Industrial Rigging in Phoenix, AZ, brought Equify in to appraise their overall company, allowing them to protect their assets by creating a trust. Were it not for this strategic move, millions of dollars in valuation would have gone to the government at the passing of the principal. This would have resulted in hundreds of jobs lost, and, undoubtedly, shut down the company.