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There are
many kinds of value, and the dollar amount assigned to each can
vary significantly. Because of these variations, it's crucial to
establish, before starting to appraise assets, the purpose of
the appraisal and the kind of value needed to meet that purpose.
Only a company
completely familiar with the current ice rink/arena industry, such as IRCC,
offers the experience, expertise, and vision needed to help
identify and define the proper value or values needed to meet
the objectives of each client.
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The Services
IRCC
provides valuation services for all aspects of rink and arena
operations including machinery and
equipment, fixed asset systems, business valuations and intangible
assets to both the public and private sectors. Our valuation studies
are regularly used for purposes such as risk management, financing,
purchase/sale/exchange, in accordance with GAAP requirements and
litigation support. We employ more than a dozens specialists in the
arena field in the
various disciplines of the industry such as building construction,
machinery and equipment, ice rink/arena operations and financial analysis.
Appraisals by
IRCC are complete, current, objective, and accurate - compiled by
appraisers with interests only in providing reasonable and
competently established opinions of value. Each appraisal is
supported by extensive industry knowledge and historical
computations. Reports are
detailed, organized, and formatted for use by all levels of
management with an ease of understanding for technical merits of
such reports.
The Services
Appraisals For
Every Purpose
To Assign Accurate, Realistic:
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Insurable
Values
to assets to help control risks, minimize premiums, prove a
loss.
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Market Values
for rink/arena related machinery, equipment, and businesses, to support
financing, transactions at all levels, and litigation.
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Remaining Lifecycle Analysis
for systems based upon the current condition, technology,
maintenance or industry trends.
To Assure Prudent Management and
Control of Assets:
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Fixed Asset
Property Control
to monitor and manage fixed assets, anticipate purchases,
support budget estimates.
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Fixed
Accounting Studies
to comply with GAAP requirements and standards
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Provide Projected
Expenditure Forecasts for equipment repairs or upgrading
needed for maintained operations.
For Lenders and Other Commercial Enterprises
Market Values
for Finance, Tax, and Accounting Purposes
Lenders,
consultants, principles, and managers have relied on the principals
of IRCC to assign current, valid and
supportable market values to tangible and intangible assets. Such
values have formed the basis for accurate and prudent financial,
tax, and accounting decisions concerning:
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Financing and refinancing
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Capital
upgrade planning of equipment
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Projected lifespan analysis for equipment service life
before replacement or major service
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Value
for insurance claims purposes
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Mergers, acquisitions, and sales of businesses,
including segmented transactions of every type
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Strategic planning, by estimating the consequences of
financial and tax decisions
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Tax
planning, to assure compliance with accounting standards
and regulations
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Budgeting, by establishing realistic replacement
schedules and costs
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Protection of property owners during condemnation or
bankruptcy proceedings
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Establishing the basis for buy-sell agreements and other
transactions
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IRCC Assigns Realistic Market Values to All
Models Of Rink Systems and Equipment
IRCC's
appraisers are experienced, credentialed experts in assigning
values on all types of assets, including:
Tangible Rink Equipment Assets
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Refrigeration Systems
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Rink Piping Systems
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Portable Rink
Systems
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Sub-Soil Heating
Systems
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Dasherboard
Systems
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Dehumidification
Systems
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Ice Resurfacers
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Rental Skates
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Scoreboards
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Skate Sharpeners
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Rental Skates
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Rubber Flooring
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Hockey Goals
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Pro Shop
Inventory
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In-Line Hockey Related Equipment & Supplies
Value: You'll Find It At IRCC
The value of an
appraisal company lies in its experience, reputation, and ability to
support value conclusions whenever called upon. Regardless of asset
type or size, each IRCC ice rink/arena appraisal is professionally handled, and
is:
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Realistic, prepared by specialists in a
particular type of asset and discipline, each with the needed
experience and knowledge of local market conditions and other
factors which enter determinations of value
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Supported by an extensive valuation library and
state-of-the-art computer capability for data storage and
retrieval
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Detailed, with each asset and its features
documented carefully and completely
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Complete, beginning with the initial appraisal
and, when needed, updating the valuations or revising the
valuation approach to accommodate another purpose
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