If you work in the aviation industry then odds are you understand the magnitude of how capital-intensive the business is. Whether you operate private charter flights, help distribute aviation parts to commercial airlines, or if you are an aviation equipment manufacturer or retailer then you know that it is big business. One of the toughest things to do, however, is to get an honest assessment of the value of your machinery and equipment.
You may need an independent appraisal service for your items for a number of reasons. Some of those reasons include:
- you are getting ready to sell your business
- you want to have an independent appraisal of the value of equipment if you intend to buy used and/or new equipment
- you are considering buying a business in the aviation industry
- your accountant and legal team need a certified appraisal for estate planning purposes or exit planning (transition planning) purposes
- many other reasons
Be sure that you are using certified appraisers who understand your industry and can justify their valuations of your machinery and equipment. This should be standard practice due to the high-dollar nature of the aviation industry.
If you need such appraisal services then here is a starting point for you: