Top mistakes to avoid when valuing plant & machinery

Category: Business

Valuing machinery and plant is a key exercise for businesses, insurers, leaders, and investors. No matter what the purpose is — financial reporting, mergers and acquisitions, loan security, or insurance coverage — inaccurate valuation can lead to compliance issues and significant losses. The thing is that even though the process is as important as it is, companies make mistakes that undermine how reliable such valuations are.