The Cost of Maintaining and Upgrading Machinery

Ebid is supposed to be a proxy of cash flow, but if you having to update or fix equipment on a regular basis and unlike service businesses, that's a big expense coming out. If someone's looking at buying any kind of manufacturing type business or any business that's got machinery, then he's substantial. The big thing is not so much the age of the equipment,. It's just how well has it been looked after.