Sep-2018 Finance Taxation and Investment
Many businesses do not know the exact value of their assets that usually includes lot of machines that would have been owned for long years. The actual value of the machine Would have depreciated and overall value would have decreased. Many business owners or top management would not know this and will have a surprise when they go for bank loans or mergers or sale of the business.
It’s advisable to know the present value of businesses and corporations. That have been in operation for many years by a registered and approved machinery valuer.