Brumbaugh Appraisals

08/21/2019

We often talk about the machinery and equipment in banking, and how new advances play a role in the industry, but here's a story about a job that machines and AI may never be able to completely take over...

Machines haven’t learned how to replace compliance officers—yet.

08/15/2019

Sometimes it isn't new equipment that plays a key role in a foodservice trend, but one that's being used in new and more common ways.

https://www.fermag.com/articles/9481-drive-impulse-purchases-with-heated-merchandisers

Learn about equipment advancements and what questions to consider when talking with suppliers

07/31/2019

"BizBuySell.com's Second Quarter 2019 Insight Report shows a dip in small business transactions in light of the ongoing Trade War, but growing financials and record sale prices continue to show signs of a strong market. "

Business Brokers - does this ring true to your experience this year

BizBuySell's Second Quarter 2019 Insight Report reveals a Decline in Small Business Transactions as the Trade War Continues. However Several Signs Point Upward.

07/24/2019

Many of our customers know that we appraise Office Equipment for mergers, sales, and more, but how can you optimize the equipment in your office?

https://innotechtoday.com/optimizing-office-equipment/

Opening a new office or upgrading your equipment? These tips and tricks will ensure you spend your time and money wisely.

07/19/2019

With the financial markets outpacing predictions for 2019, it seems the Fed may only cut interest rates once this year, rather than utilize a series of adjustments. Interesting news for our ABL clients.

The Federal Reserve is likely to cut interest rates by less than financial markets expect over the rest of 2019 given robust jobs growth in the US, Fitch Ratings says. A 25bp cut now appears probable at either the July or September FOMC meeting but is unlikely to signal the start of a series of inte...

07/10/2019

Auto-steering company AgJunction has announced that it has received a notice of allowance from the U.S. Patent and Trademark Office for a patent titled “Integrated Multi-Sensor Control System and Method.”

“As we move toward increased vehicle autonomy and multi-vehicle cooperation in agriculture, more robust guidance and vehicle controls are necessary,” states M. Brett McMickell, senior vice president of global product development. “This invention improves both by fusing data from multiple sensors to create a consistent and detailed understanding of the environment and operations being conducted.”

The auto-steering company has announced that it has recently received a notice of allowance from the U.S. Patent and Trademark Office for a patent titled “Integrated Multi-Sensor Control System and Method.”

07/04/2019

06/28/2019

CPAs - are you interested in developing plans for your business in the future? CPA.com is launching a program to help you do exactly that.

"At CPA.com, we’ve said for some time that the hardest part of dealing with disruptive change isn’t the technology piece, it’s change management,” said Erik Asgeirsson, president and CEO of CPA.com. “This program is designed to help firms take a longer, more insightful view on how to drive change.”"

See the article below for more information!

CPA.com is launching a multipart program to help CPA firms identify the potential change coming to the accounting profession and create new business model...

06/19/2019

"Tractors will drive with no farmer in the cab, and specialized equipment will be able to spray, plant, plow and w**d cropland.

And it’s all happening well before many analysts had predicted thanks to small startups in Canada and Australia."

Robots are taking over farms faster than anyone saw coming.

06/13/2019

"Pharmaceutical mergers and acquisitions (M&A) activity is expected to rise across the industry thanks in part to high cash levels and moderate EBITDA, according to a Moody's report released Thursday morning.
The primary drivers for pharmaceutical M&A is reduced pricing flexibility, regulatory challenges that could erode pricing, and patent cliffs between 2023 and 2026. "

Investment grade pharmaceutical companies continue to display a high capacity for M&A activity, according to a new Moody's report.

06/06/2019

We often appraise medical equipment to be sold, but how does one go about buying used medical equipment? This article has some advice.

Healthcare authorities are bound to invest more in used medical equipment. It’s crucial that you know how they take the best decision.

05/30/2019

Banking colleagues and clients, what are your thoughts on this move from Barclays?

Ten years on from the global financial crisis caused by a crash in bonds tied to...

05/22/2019

Looks like there will be lots of automated equipment in the restaurant industry's future...
Note - this NRA is the National Restaurant Association

Data means a lot but it will always be about people

05/15/2019

Recently, we were honored to give a presentation to the Appraisal Institute’s South Carolina Chapter concerning the appraising of Brewery Equipment and trends in this industry. If you'd like to see a PDF version of our presentation materials, please see the link below. We hope you find it informative, and of course, if you find yourself in a situation where an appraisal of brewery equipment is required, we hope you'll think of us!

http://www.brumbaughappraisals.com/wp-content/uploads/2019/05/BreweryPresentation.pdf

05/08/2019

We're sure many of our business broker friends and clients have thoughts on having children take over family businesses. The article below explains some of the potential pitfalls of this arrangement, as well as some tactics to avoid them, including utilizing a broker's services.

In a recent Divestopedia article entitled, “Kids Take Over the Business? 8 Things to Consider,” author Josh Patrick examines what every business owner

05/01/2019

By its very nature, estimating lending for large-scale construction projects can be difficult. Add in unforeseen tariffs, labor shortages and more and the difficult becomes nearly impossible. The article below addresses the new realities asset-based lenders face when considering funding construction companies for large-scale projects and beyond.

04/24/2019

As usual, if you get our newsletters, our latest blog post will be familiar to you. This time, we're discussing the importance of utilizing a certified equipment appraisal when machinery is part of a financial deal, since each industry is so unique, and often changing.

Should a lender rely upon a commercial real estate appraisal when pieces of machinery or equipment are also part of the collateral assets? Oftentimes, a commercial real estate appraiser or equipment appraiser who does not have extensive experience in the industry will rely upon trend table estimates...

04/17/2019

It's always interesting when politics infiltrates the world of healthcare....

The slide began in earnest on Tuesday when UnitedHealth Group Inc. -- treated by investors as a bellwether for the insurance sector -- waded into the debate over “Medicare for All,” which would expand government-administered coverage to most of the population and rewrite the businesses of U.S. h...