Don’t Waste the Snowy Days!

As winter settles in, we've been navigating blizzards and ice storms from Minnesota to Georgia. While the cold months present their challenges, they also offer the ideal window for equipment appraisals.

January and February are prime months to evaluate and update market values for equipment in construction, landscaping, agriculture, and other outdoor service industries. With machinery parked for winter storage and maintenance, now is the perfect time to assess your assets without disrupting operations.

During the warmer months, one of the most common challenges we face as equipment appraisers is tracking down machinery spread across job sites. For example, an asphalt paving company often has key vehicles and equipment stationed throughout a city or region. Conducting appraisals during peak production can be time-consuming and potentially disruptive when employees are focused on revenue-generating activities.

Winter provides a welcome reprieve from these challenges. It’s also an excellent time to engage your operations and financial teams for non-core tasks like appraisals. Key personnel typically have more bandwidth during the off-season, making it easier to collaborate with outside professionals.

If you're planning a business sale, refinancing, insurance review, or any financial activity requiring equipment valuation, starting the appraisal process during the slower winter months can set you up for a successful 2025. Take advantage of this downtime to ensure you're prepared when activity ramps up again!