How To Find A Company To Buy

Our firm receives many questions on M&A, but by far the most common question is: “How do I find a company to buy?” The answer is a simple one… start with Google and search for companies that are currently for sale. The search will most likely lead you to brokers. Within each industry, there lies a group of brokers who focus on mergers and acquisitions.

One very popular business broker firm in the Charlotte area is Viking Mergers and Acquisitions. On Viking’s website, there is a section for people looking to buy a business and another for people looking to sell their business. Under the “Buying A Business” tab, there is a business listing of all their clients who are looking to sell their business. There you go – you have your answer. It’s that simple!

What else can you do besides searching online?

I recommend trying a direct mail piece. To quote Wayne Gretzky, “You miss 100% of the shots you don’t take.”  You may never know that a company is interested in selling if you don’t ask them! Do some market research and look for companies that can add value to your business. 

What else should you look for in a business to buy?
  • Location – Do you want to enter a certain city or geographical area?
  • Lack of a Succession Plan – This one is hard to tell unless you have a dialogue with the owners.
  • Specialized Service/Product – Do you want to offer a new service or a product?
  • Culture – A similar work culture will help the merger or acquisition succeed.

Find a list of companies that fit the profile you are looking for and send them a letter or a postcard. This mailing should address your intentions, show off your background, gauge the interest of the business owner to sell, and be short and to the point. After that, it is up  to you to either follow up or foster the relationship. If you hear back from a business owner, you can fine tune your approach and learn what worked in your mailing or what you should change in order to make it more effective the next time around. You also might learn more about what kind of business owners are interested in selling and you can target similar business owners with your next correspondence.

Interested in learning more about how to find a company to buy?  We will release more blogs on this topic in the near future so stay tuned! In the meantime, feel free to reach out to the team at LBA Haynes Strand for your no cost consultation!

Greensboro Named A Best Place To Live

According to Livability.com, Greensboro is one of the best places to live in the United States. Greensboro came in at #91 on the list, just ahead of Charleston, SC! Reasons for the ranking included Greensboro’s high quality of health care and education and a continuously improving downtown area. 

As far as education goes, Greensboro is home to the third largest North Carolina Community College institution in the state, Guilford Technical Community College. The city is also the home of the University of North Carolina at Greensboro and Guilford College. In addition to college education, the Guilford County Public School District is highly respected in the area. The plethora of quality educational institutions makes for a great place to raise a family.

You also cannot overlook the health care in Greensboro. According to the survey results, Greensboro ranks 14th in North Carolina out of 100 counties in terms of longevity and quality of life. There are 30 hospitals located within 60 miles of Greensboro and nearly 2,200 doctors within the city limits.

Furthermore, downtown Greensboro has been transformed into a vibrant and lively area that serves as the main center for the area’s commerce and culture. The area is boasting with shoppingdiningentertainment, offices, and neighborhoods – the feel of downtown can best be described as “cool.” In a recent interview Greensboro’s Mayor, John Perkins, was asked to describe his city. He had this to say, “We’re trying to make the town cool.  We have 47,000 college students at seven colleges and universities that are here. We want to leverage off that and keep some of that talent here after they graduate. And the best way to do that is to make your city cool.”

Other Accolades:

This is hardly the first time Greensboro has shown up on a “Best” List. Earlier this year Greensboro made appearances on a number of Forbes lists, including:

Slowly but surely Greensboro has grown to become a very important city in North Carolina. As the 3rd largest city in terms of population in North Carolina, expect great things from “The Gate City”. This nickname comes from the fact that In 1891 the city would see the arrival and departure of 60 trains per day. It became an important transportation hub for manufacturers and people alike.

If you are a business owner in the Triad region and would like a no-cost consultation with an established certified public accounting firm in Greensboro, contact us.  Our team is ready to work with your team and provide you with the  services and benefits you expect.

NC House Budget Bill 117: Proposed Changes to Sales Tax, Corporate Tax, and More!

On Thursday June 11th, the North Carolina Senate version of the NC House Budget Bill (HB 117) was filed and included a number of changes from the original bill proposed by the NC House or Representatives. Among the changes are: lower personal income tax rates, a change in corporate taxes, a new formula for distributing sales tax revenue among counties, and a retooled jobs incentive program.

Remember, as of right now, all the changes are only proposed. You should, however, be aware of these changes and how they could affect you and/or your business.

New Sales Tax On Services:

The bill would broaden the sales tax base in order to help pay for new income tax cuts. Among the purchases facing sales taxes are: advertising, veterinary and pet care services, and repairs an maintenance work on personal property such as cars. Also this would mean that large non-profit organizations, such as hospitals, would lose a sales tax exemption.

Personal Income Tax Cuts:

The personal income tax rate would be cut from 5.75% to 5.5% beginning in 2016. The standard deduction would increase gradually over a four year period, meaning a married couple filing jointly wouldn’t owe taxes on the first $18,500 of income by 2020. A single person on the other hand wouldn’t owe taxes on the first $9,250 in income.

Corporate Taxes:

The bill proposes that over the next three years, the state would begin using the “single sales factor” formula for calculating corporate taxes. This means calculating the companies’ tax liability based entirely on sales instead of factoring in their payroll and property value.

Sales Tax Redistribution:

Included in the bill is a new distribution formula for allocating sales tax revenue among counties. Basically the state would distribute 20% of revenue based on where sales occur, and 80% would be based on the population of the county. This new version would allow counties to decide how to allocate revenue between their city and town governments.

Job Incentives:

The Job Development Investment Grant incentives would be capped under the new bill. This has been the state’s main job incentive program which has been out of money for months. The state could then offer up to $15 million each year and up to $30 million during a year in which the state lends a “high-yield project” bringing thousands of jobs.

Because House Bill 117 has already cleared the House, changes can no longer be made in public meetings. Instead members of the House can only approve the version passed by the Senate OR vote it down. In the event that it is voted down, legislators from both chambers would work out a compromise.

If you have strong feelings about this bill, you are encouraged to contact your senators. The Senate is expected to begin voting on this bill this week! To find contact info for your local representatives, please click here!

If you have questions about how budget bill 117 will affect you – reach out to LBA Haynes Strand today. Our team will be happy to walk you through the proposed changes and how they will affect you!

Fraud Alert: Rise in Imposter Fraud

Imposter fraud is the most recent attempt of fraudsters to trick businesses out of money. Imposter fraud is when a fraudster poses as a person or an entity that you know. They could pose as an executive of your company, a vendor, or even the IRS! 

In these instances the fraudster will most likely contact you by email. The only problem is, the email looks exactly like the one you receive from the person you know, even down to the email signature. When the fraudster is posing as an executive at your company, they will attach an invoice and instruct you to make payments, usually by wire transfer. Most employees would take an email from their CFO or Controller as a direct order and would pay the invoice without any hesitation. This is exactly what these fraudsters want. We have heard from numerous companies in North Carolina that have seen this attempt at fraud. Some have caught on to this fraud before sending money, others unfortunately have not.

When the fraudster is acting as a vendor they will most likely send you a similar email as your vendor would. However, they will request that you change the original vendor’s payment instructions and that you pay the account of their choice. In addition, they may also hack into your email account and find trends of who you do business with. This allows the fraudsters to create fraudulent invoices or payment requests with very subtle differences than the original invoices.

So, how can you reduce this risk?

First of all, you need to alert your employees and tell them to be aware of scams such as these. No payments should leave your office without being approved by multiple people in your office. If something seems odd or off about a request for payment, be sure to discuss the matter first hand with the executive or the vendor in question. This could alleviate any concerns you had and could protect your company against this fraud.

Education is truly the best way to prevent fraud. We must learn from what others have seen in the marketplace in order to create best practices in these kinds of situations. We challenge you to discuss openly any external attempts at fraud that you have seen. Discuss these cases with your friends, at networking events, at chamber meetings, on social media, etc.

To learn more best practices and speak to a team of CPAs that understand how to safeguard your business against fraud. Contact us for your no-cost consultation.

Best Business Law Firms in Greensboro

We work with many attorneys and law firms throughout Greensboro and the state of North Carolina. Through referrals and working on joint projects, we have found 5 law firms that are especially great to work with.

The 5 best business law firms in Greensboro (in no particular order):
Carruthers & Roth

Carruthers & Roth was founded in 1937 and is located in the heart of Greensboro. They are a mid sized law firm offering big-firm capabilities delivered with the personal attention and responsiveness expected from a small town practice. Their clients include large multinational corporations, closely-held businesses, individuals, and entrepreneurs. To see a full list of their practice areas, click here!

Contact Info:

Phone: 336-379-8651 | Website: www.crlaw.com

Brooks Pierce

Brooks, Pierce, McLendon, Humphrey & Leonard, LLP is a business law firm providing comprehensive strategic counsel and innovative solutions. Their clients include: businesses, individuals, government, and non-profit institutions. The firm’s expertise extends to every aspect of business law (antitrust, mergers and acquisitions, start-up and publicly traded companies, trusts & estates, and many more).

Contact Info:

Phone: 336-373-8850 | Website: www.brookspierce.com

Womble Carlyle

Womble Carlyle is one of the largest and most technologically advanced business law firms in the Southeast. They have been serving the Greensboro region since 2001 after realizing Greensboro to be a key business center in North Carolina. The office includes 15 lawyers whose practices include: specialty areas of capital markets, corporate and securities, health care, intellectual property, and business litigation. The office is also home to several lawyers of the Firm’s Supply Chain Management practice group which provides supply chain solutions to businesses. While the firm was originally established in 1876 in Winston-Salem, it now comprises more than 550 lawyers in fourteen offices across the state of North Carolina.

Contact Info:

Phone: 336-574-8030 | Website: www.wcsr.com

Tuggle Duggins P.A.

Since 1974, Tuggle Duggins P.A. has been serving businesses and business owners with interests in the Carolinas. Tuggle Duggins is a multi-specialty, multi-disciplinary law firm focused on the needs of closely held businesses and business owners. They provide representation in legal matters ranging from conventional, personal, and business issues to complex legal matters. Their goal is to provide long-term client relationships and delivering exceptional services and results to their clients.

Contact Info:

Phone: 336-378-1431 | Website: www.tuggleduggins.com

Hagan Davis

Hagan, Davis, Mangum, Barrett & Langley, PLLC is a well established and trusted group of attorneys in Greensboro, NC. Dedicated to helping their clients achieve their business objectives effectively and efficiently. Hagan Davis has a proven track record for success, particularly in complex legal matters. There is no typical client of the firm, however most of their clients are influential in business, philanthropy, education, and sports. They deliver results to entrepreneurs and high-income individuals alike.

Contact Info:

Phone: 336-232-0650 | Website: www.hagandavis.com

If you need a business law firm in Greensboro, NC, these five law firms are the best place to begin your journey. Each firm comes highly recommended by the Principal Members at LBA Haynes Strand. If you would like a specific attorney’s information, please contact us.

Are We Living In “The Merger and Acquisition Age”?

Could this be a term of our times? Are we really living in The Merger and Acquisition Age? According to recent business trends posted in the Kiplinger Letter, merger activity is on a roll.  Not just in the U.S. but across the globe. Merger activity in the U.S. has hit a 15 year high in the first quarter of this year with consumer-oriented firms leading the action. But that’s not the only industry finding success in mergers and acquisitions. Pharmaceutical, technology, energy, mining, and electric utility companies are also finding success.

What’s So Appealing About Growing Through M&A?

Easy. It is a way to effectively grow or even double your business overnight and the timing could not be better!

The baby boomers have been a driving force in Middle Market M&A in the late 20th and early 21st centuries. The eldest members of the 78 million-strong baby boomer generation turned 68 in 2014. The youngest boomers will turn 66 in 2030. Many baby boomer entrepreneurs will sell the Middle Market businesses they founded, and this factor will remain the driving force in M&A for at least two more decades! To put this into perspective, consider this: Based on recent data supplied by the US Census Bureau, there are just about 1.2 million Middle Market firms with sales of $1 million to $1 billion annually. Collectively these 1.2 million firms had sales totaling $9.8 trillion and carry a conservative market value of $4.9. About 800,000 of these businesses are owned by baby boomers. Between 2014 and 2029 (15 years) an average of 43,000 of these businesses per year will be disposed of… about two-thirds of these by sale. These numbers are huge and unprecedented.

Technology is also playing a large role in today’s Middle Market.  Because of the speed with which new information is being released, Middle Market firms have dramatically shortened business cycles.  New technologies and approaches launched by Middle Market firms routinely disrupt and eclipse other Middle Market firms, even Upper Market firms, and sometimes entire industries.  This has forced business owners to become increasingly proactive and infinitely more responsive to their clients and prospects, impacting not only Middle Market business operations, but also the timing, frequency, and execution of the sale of Middle Market companies.

Business can be described as an ecosystem.  As in all ecosystems the big fish eat the little fish in order to survive.  This is not a new phenomenon in M&A, but it is a more frequent one as the pace of business life continues to change.  Survival of the fittest is not just a Darwinian construct for living creatures.  It is equally applicable to business, especially the “Middle Market Sea”, which is the spawning ground for Upper Markets.

So are we living in The Merger and Acquisition Age? It certainly appears that way and it appears this trend will continue for the next few decades completely reshaping the way that Middle Market companies grow.  If you are not thinking about the M&A marketplace… it’s time to start and LBA Haynes Strand can help you.  Click the button below to download your free report and begin your M&A journey!

Top 25 Largest General Contractors in Charlotte

Congratulations to the “Top 25 Largest General Contractors” in the Charlotte, NC region! This ranking was reported by The Charlotte Business Journal and was based off of local billings in 2014. To take a look at the companies, click the individual links below.

Top 25 Largest General Contractors
  1. Turner Construction Co.
  2. Balfour Beatty US
  3. Choate Construction Co.
  4. The Whiting-Turner Contracting Co.
  5. JE Dunn Construction
  6. Blythe Development Co.
  7. Blythe Construction Inc.
  8. Rodgers Builders Inc.
  9. Shelco LLC
  10. Adolfson & Peterson Construction
  11. Vannoy Construction
  12. A M King
  13. Samet Corp.
  14. Carocon Corp.
  15. Edifice Inc.
  16. Myers & Chapman Inc.
  17. Matthews Construction Co., Inc.
  18. G.L. Wilson Building Co.
  19. Robins & Morton
  20. Hickory Construction Co.
  21. Doerre Construction Co., LLC
  22. Shiel Sexton Co., Inc.
  23. Concorde Construction Co.
  24. Bradley Construction Group
  25. Dellinger, Inc.

The Top 25 General Contractors in the Triad of North Carolina were announced last week. Click here to see those companies.

Balancing Your Work Life And Your Personal Life

When it comes to work-life balance, Americans often times struggle. CBS News recently reported, “workers are leaving more than a week of paid time off on the table!” Americans take less time off than any other developed country in the world. When compared to our friends across the pond in Europe, who are legally required to take a minimum number of vacation days, Americans are seriously lacking.

Are Americans afraid to take days off? Do we fear we will lose our jobs if we do? Or are we just so busy that we can’t find the time?

The answers to those questions vary depending on the employer and the culture that has been created in the workplace. Maybe your employer offers little vacation time, and you are afraid to take days off. Are you are in a high power position and feel stressed when you do take time off? Or maybe the top executives do not use their vacation time, so the employees feel obligated to follow suit.

Balancing your work life and your personal life is something that Americans need to get a better handle on. Not just to have more fun, but to also have a healthier lifestyle. As CPAs we see all kinds of stats related to our industry and we pay extra attention to ones such as this: 62% of Big 4 CPA Firms retiring partners die within 10 years of retirement. With retirement between ages 55 and 60, this is an alarming stat – especially to us as a CPA Firm! However, we think we have a solution to a healthy work-life balance for our Principal Members and our staff.  Unlimited PTO.

The LBAHS Way

Our firm offers our employees Unlimited PTO. You probably have the same question most of our employees have when hired, “Sooo, what does unlimited PTO mean?” The answer is very simple… exactly as it sounds. Our employees do not need to feel stressed about tracking and planning their days off – we understand that life happens and our employees deserve that freedom. Employees understand work needs to be done and the system should is not to be abused. With this freedom we have found a higher rate of productivity and a happier work place environment. We have also found this as a way to attract and retain top talent, and the importance of that in today’s CPA industry cannot be understated!

If you are looking for a better work-life balance, take a look at your company’s vacation plan and see how it fits the lifestlye you want for you. If you are in a position of power, you may want to think about other options or solutions to give your employees more freedom and help them maximize their potential both in their work life and in their personal life. We found our win/win solution for our work-life balance, can you?

Top 25 General Contractors in the Triad of North Carolina

Congratulations to the top 25 general contractors in the Triad as reported by the Triad Business Journal! This ranking was based off of 2014 billings in the Triad including Greensboro, Winston-Salem, High-Point and surrounding areas.

The Top 25 General Contractors in the Triad region are:

1. Samet Corp.

2. Thompson Arthur Division of Apac Atlantic

3. Landmark Builders of the Triad

4. Frank L. Blum Construction Co.

5. D.H. Griffin Wrecking Co, Inc.

6. Shelco, LLC

7. Lomax Construction, Inc.

8. Windsor Commercial

9. Brasfield & Gorrie LLC

10. Omega Construction, Inc.

11. D.H. Griffin Construction Co. LLC

12. Parr Construction, Inc.

13. Magnolia Construction, LLC

14. Davie Construction Co., Inc.

15. New Atlantic Contracting, Inc.

16. Signature Development Group, LLC

17. Wishon & Carter Builders, Inc.

18. Whiting-Turner Contracting Co.

19. Sterling Building Group, Inc.

20. LMI Builders, Inc.

21. Miles-McClellan Construction

22. Ramey, Inc.

23. H.M. Kern Corp.

24. D.H. Griffin Infrastructure, LLC

25. Holden Building Co., Inc.

To see the full breakdown of the top General Contractors in the Triad region, click here. Our team would be happy to make an introduction to one of these companies if needed. Contact us today!

How Well Do You Know Your CPA Firm?

How well do you know your CPA Firm? Can you honestly say that your CPA is a partner in your success and that of your business? These two questions should produce the same answer: “Well enough to be confident in our collaborative success.” If this is not your answer, you may want to think about rekindling the flame between you and your CPA firm.

The relationship you have with your accounting firm should exceed standard service. Strategic planning, a strong partnership, and prolonged efforts toward ensuring future financial success should be at the forefront of your relationship with your CPA. If a close relationship with your accountant has diminished, or was never established in the first place, perhaps it is time to start rethinking things. Mutual understanding and a shared work ethic between you and your CPA firm are necessary to achieving financial growth for your organization.

Below are the primary components of a healthy CPA-to-business relationship, as well as the level of familiarity required for each element to be effective.

Ongoing Strategic Planning

What type of employee benefits do you offer? How about retirement plans? Your responsibility is to maintain a healthy, positive work environment. Part of the responsibility of your CPA is to factor your employees into the strategic layout of your current and future business endeavors.

Value Service Agreement

A strong CPA firm demonstrates the desire to cultivate close client relationships. You want your conversations with your CPA to be just that – conversations. How much value are you getting out of a consultation if you’re constantly monitoring the clock, keeping a closer eye on your bill than on the pertinent financial data laid out in front of you? Ensure that the value service agreement offered by your CPA is agreeable to your budget and beneficial to your finances. Work closely with your accountant to determine the plan that works best for YOU.

Growth Conversations

Are you and your CPA overdue for a growth conversation? You and your accountant should work together to create a strategic growth plan based on the specific goals you’d like to achieve in the future. Would you like to expand your business, or are you trying to downsize? Are you going to leave your business for future generations? Perhaps you are looking to sell your company. Whatever your plans may be, it is vital to converse with your CPA to determine the best formula for reaching those goals and to ensure financial security. You need an accounting team that is just as dedicated to fulfilling those plans as you are.

Long-Term Vision

What are your longstanding goals in terms of business development? Is your CPA familiar with them? Whether you’ve omitted this important information, or your CPA has neglected to ask, these objectives are vital in creating a strong and stable plan for your financial future.

Constant Connection

Your financial consulting needs will fluctuate from month to month, year to year, and so on. Regardless, contact with your CPA should not slip through the cracks during periods of lesser urgency. Both you and your CPA firm need to maintain a close relationship throughout the year. Communication is key!

There are several factors that contribute to your long-term financial success, but none of them are effective unless a sturdy foundation is established between you and your CPA firm. If you don’t feel as though a real closeness exists, all subsequent interactions are going to be out of sync with your future financial plans. To set and satisfy all of your financial goals, contact a professional CPA firm or work on strengthening the relationship with your current one.

Ready to get more out of your accounting services? Contact us to begin to understand the value of working with an accounting firm that provides much more than surface-level, mechanical tax preparation.

Wealth Transfer: Be Rational and Be Strategic!

Wealth transfer is one of the most personal topics within the financial field. Issues like estate tax and gift planning go far beyond numbers and financial records. While there is a strategic side to wealth transfer, there is also an extremely emotional one, which needs to be handled with the utmost delicacy. If you’re looking to solidify the best course of action for your wealth, you should work with a CPA firm that understands not only the financial aspects of wealth transfer, but also the emotional and psychological ones.

Before entering into the wealth planning process, it’s a good idea to familiarize yourself with these two very distinct sides of wealth transfer – emotional and strategic – and understand that each must be taken into consideration before any concrete plans are established.

Wealth Transfer: The Emotional Side

Wealth transfer processes delve into the innermost dynamics of your personal and familial history: They may reopen old wounds, unravel intricate family histories and bring to light issues you might have preferred remain buried.

So, before a CPA firm jumps into any structural planning, it must navigate the personal side of your plans for your wealth. Dedicated solely to the safety and wellbeing of your wealth, a CPA offers you a more objective opinion – one that isn’t influenced by family history. How you transfer your wealth is ultimately your own decision, but a CPA helps to compartmentalize your thoughts, see things rationally and consider future consequences.

Wealth Transfer: The Strategic Side

Once a client’s personal matters are carefully sorted through, a CPA begins developing the best course of action for the client’s wealth. When it comes to this more strategic, tactical component of wealth transfer, a CPA typically provides three options:

Wills

A will is a legal declaration containing your instructions and wishes for your property and assets to be distributed after your passing. It is one of the most uniform options for wealth transfer and remains the most basic estate plan. The downside to a will is that estates typically fall into probate and are thus subject to estate taxes.

Gift Planning

A gift or asset transfer to children or other beneficiaries may help reduce your taxable estate. You may gift, tax free, up to $14,000 per recipient per year – or $28,000 per recipient for married couples if you combine gifts. Additional gifts require the filing of a gift tax return.

Medical Or Education Gifting

If you pay someone’s medical or education expenses directly to the service provider, you make this payment as an extra gift. For example, if you write a check for tuition directly to a grandchild’s school, you can still gift that grandchild the annual per-recipient amount.

529 College Plans Gifting

You can contribute to a child or grandchild’s 529 college savings plan as your annual gift. In fact, with college gifting, you have the option of contributing up to five years’ worth of annual gifts in one year ($70,000 per person or $140,000 per couple) to one person.

Trusts

A trust may enable you to better meet your estate planning goals. There are several types of trusts:

  • Irrevocable Life Insurance Trusts
  • Charitable Trusts
  • Revocable Living Trusts

Trusts help transfer wealth, but they also keep a portion of your estate out of the probate, therefore minimizing your estate taxes.

Wealth transfer is a process that must navigate strategic as well as emotional realms to be successful. You want to partner with a CPA firm that not only is knowledgeable about the financial side of wealth transfer, but also acknowledges the emotional aspect – and takes the time to work through the two together, always with your best interest at heart.

LBA Haynes Strand provides personalized service that reflects the high standards we demand of ourselves. Our caring, competent and client-focused staff are eager to assist you and start planning your financial future. Contact us for a no-cost consultation today!

How Do I Value My Company?

There are two main ways for business owners to value their company. One is through a business valuation and the other is through a calculation engagement. In a business valuation engagement, the answer is expressed as a conclusion of value. While in a calculation engagement, the answer is expressed as calculated value. For this blog we will focus on the calculation engagement.

This service does not provide a full conclusion of value, but rather a reduced calculation of the value of a company. In addition, the calculation engagement does not provide the same level of assurance as a valuation. However, it is a viable and less costly option. However, there are certainly situations where a calculation engagement is beneficial and we will list those below.

As stated in the NACVA Professional Standards, “A Calculation Engagement occurs when the client and member agree to specific valuation approaches, methods, and the extent of selected procedures and results in a Calculated Value.” The resulting calculated value should not be used for any other purpose or by any other party for any purpose.

Situations Where a Calculation Engagement Is Beneficial
  • Buying out an internal partner
  • Buy or sell insurance needs
  • To fulfill bank needs
  • To get a rough estimate of the fair market value of your company, should you be in the process of deciding to sell
What Is Delivered

This service provides the client with a 15-30 page report on the things that are driving the value of the company. It can be used as a strategic way to look at your value today and make changes over a period of time in order to drive the value higher.

How you value your company is up to you. We recommend considering a Calculation Engagement by a Certified Valuation Analyst (CVA).  Contact the CVA professionals at LBA Haynes Strand for your no-cost consultation!