NCACPA Day of Service 2018

LBA Haynes Strand, PLLC participated in the North Carolina Association of Certified Public Accountants (NCACPA) Annual CPA Day of Service on September 21, 2018. Our employees volunteered their time with various organizations throughout North Carolina and focused on giving back to our local communities.

Our Mount Airy office focused on collecting canned food in order to support Yokefellow Ministry. Yokefellow assists others in need during times of crisis. One way they provide assistance is with food. There were collection boxes set up in the Mount Airy office for collections throughout the week and our team collected additional donations at Lowes Foods on Friday, September 21st.

The Matthews office of LBA Haynes Strand held a collection drive for pet food and supplies to donate to the Humane Society of Charlotte. Our team set up a table at Lucky Dog Bark & Brew on September 21st to collect remaining donations from those who were not able to stop by our office during the week. We had great participation from both our internal staff, clients, and members of the local community.

Our Greensboro office volunteered their time at BackPack Beginnings on September 21st by packing bookbags. BackPack Beginnings’ mission is to deliver child-centric services to feed, comfort, and clothe children in need.

Not only did some of our Greensboro team volunteer at Backpack Beginnings on Friday September 21st. We also had a few of our employees give back at the Out of the Garden Project the day before. You can read more about their efforts on the NCACPA blog!

The NCACPA Day of Service is one of the many ways our team gives back throughout the year. We have an annual LBAHS Day of Service and are always looking for new ways to become more involved in the community.

IPA Top 400 Accounting

LBA Haynes Strand Named Top 400 Firm

LBA Haynes Strand is one of the Top 400 American accounting firms according to INSIDE Public Accounting. The firm appears on this list for the second year in a row. The IPA 400 ranks firms by their net revenue, which the organization compiles by analyzing more than 500 survey responses from the largest accounting firms in the nation. In addition to this recognition, LBA Haynes Strand also ranks as a Best Place to Work by the Charlotte Business Journal and a Fastest-Growing Privately Held Company by the Charlotte Business Journal and INC 5000.

About LBAHS

LBA Haynes Strand is a full service accounting, assurance, tax, and advisory firm with offices across North Carolina. LBA Haynes Strand provides value-added services throughout the service delivery process to improve operations and ensure compliance with relevant regulations. We take a strategic and holistic approach to accounting that looks at more than just your business tax situation. Our team works to understand your finances, your culture, your goals, and your aspirations. With this comprehensive understanding of your organization in place, our firm is able to provide the best possible service. We help you protect and improve your organization’s fiscal health and well-being — for now, and for the future.

INSIDE Public Accounting (IPA)

IPA’s annual rankings of the 400 largest firms in the U.S. range from the multi-billion-dollar Big 4 to firms of roughly $5.5 million in net revenue. The list includes firm headquarters, MP, net revenue, ranking in the previous year and percentage change. The rankings are compiled from data gathered in the annual IPA Survey and Analysis of Firms. The annual survey attracts participation from 550 firms.

LBA Haynes Strand Named To 3rd Consecutive Charlotte Business Journal Fast 50 List!

The Charlotte Business Journal has released its annual Fast 50 list of the 50 fastest growing private companies in Charlotte.  This program determines winners using a formula that reflects dollar and percentage growth during a three-year period. We are excited to be included on this list for the third consecutive year.

“LBA Haynes Strand is lucky to have such an incredible team.  One of our core values is to be Growth Oriented.  This means growth at every level – the individual, the firm, and the client level,” says Co-Managing Member John Bly. “We are excited to be living this core value every day, helping our people and our clients grow, and in turn – they are helping us grow as evidenced by our recognition as a Charlotte Business Journal Fast 50 Company for the 3rd straight year!”

The rankings will be announced at an awards dinner on December 8th!  You can register for that event by clicking here.

Congrats to the 50 companies who have been honored as a 2016 Fast 50 Company:

  • AddShoppers
  • American Engineering
  • Apex Technology
  • AvidXchange
  • Barton Contracting
  • Brackett Flagship Properties
  • Bull Engineered Products
  • Cameron M. Harris & Co.
  • Carolina Office Solutions
  • Carolina Powertrain
  • CCS Construction Staffing
  • CEO Inc.
  • Command Partners
  • Computer Design & Integration Southeast
  • Costner Law Office
  • Darton Group Consulting
  • Davinci Jets
  • DC74
  • DealCloud Inc.
  • DecisionPathHR
  • DPS Construction Corp.
  • Fab Fours Inc.
  • Greenworks
  • Hissho Sushi
  • Horsepower Site Services
  • Impact Financial Systems
  • InfoSense Inc.
  • Lakeside Project Solutions
  • LBA Haynes Strand
  • MapAnything Inc.
  • McIlveen Family Law Firm
  • MetroTech Automotive
  • Passport Inc.
  • Pediatric Hair Solution
  • PrecisionLender
  • Reimels Dental Group
  • Search Solution Group
  • SeedSpark
  • SignUpGenius
  • SouthEnd Exteriors Inc.
  • SPAN Enterprises
  • Spangler
  • STS Cable Services Inc.
  • T1V
  • Torrent Consulting
  • Tresata
  • Trident Solutions
  • UNION
  • W.M. Warr & Son Inc.
  • XOOM Energy

LBA Haynes Strand Named by SmartCEO as a Top Company Culture in Charlotte

LBA Haynes Strand is pleased to announce that we have been named by SmartCEO as a 2017 Corporate Culture Award winner. The Corporate Culture Awards celebrate 50 companies in Greater Charlotte that have successfully championed a positive, productive and performance-driven culture, and have worked with their employees to develop successful cultural practices. Winners will be profiled in SmartCEO magazine and celebrated at a high-energy awards ceremony on Tuesday, Feb. 7, 2017 at CenterStage@NoDa.

Below you can view all 50 winners and event details.

2017 Corporate Culture Award Winners:

Alfred Williams & Company

Autobell Car Wash Inc.

AvidXchange, Inc.

Ballantyne Medical Associates

Barringer Construction

Better Car People

Bojangles’, Inc.

Burgess Insurance & Financial Services Inc.

BURKE Communications, Inc.

Carolina Connections Inc. dba Unique Background Solutions

Carolinas HealthCare System/

Continuing Care

CaroMont Health

CCS Construction Staffing

Charlotte Plastic Surgery

Command Partners

Costner Law Office, PLLC

DARTON GROUP Consulting, LLC

Davinci Jets

Girls on the Run International

Goodwill Industries of the

Southern Piedmont

Henderson Properties

Hilliard Studio Method and HSM | Core

Hospice & Palliative Care Charlotte Region

Huber Engineered Woods, LLC

INTEC Group

InVue

Joe Gibbs Racing

LBA Haynes Strand, PLLC

Lwin Family Co. dba Hissho Sushi

Metrogreenscape, Inc.

Morris-Jenkins

Mueller Die Cut Solutions

NarmourWright Architecture

Parker Poe Adams & Bernstein LLP

Passport, Inc.

Rare Roots Hospitality

Red Moon Marketing

Red Ventures

ROVE

Search Solution Group

SeedSpark

Showmars Restaurants

S&ME, Inc.

SPAN Enterprises

starrdesign

Teguar Corporation

Viking Mergers & Acquisitions

Wayne Brothers, Inc.

Wooden Robot Brewery

Woolpert North Carolina, PLLC

“The 2016 Corporate Culture Award winners have realized that running a company is more than head count and the bottom line. It’s about creating a place where creativity, energy and ideas are cultivated. Through this they are able to not only enhance performance and sustain their companies’ competitive advantages but also enrich the lives of those they employ and inspire them to make a greater impact on the world,” says Jaime Nespor-Zawmon, President of SmartCEO. “We’re honored to celebrate with the leaders of Charlotte’s top company cultures and recognize them for building true performance-driven cultures.”

The Corporate Culture Awards ceremony on Feb. 7, 2017, is an expected sell-out event where the leaders of Charlotte’s top companies will gather to mingle, celebrate and share stories about their collective successes. The event will kick off with a high-energy networking reception, complete with fun activities, including ping-pong, a putting green and a basketball shootout. Accompanying the fun is a video-packed awards ceremony that will honor the leaders of Charlotte’s top company cultures.

LBA Haynes Strand Named a 2016 Charlotte Future 50 Award Winner

LBA Haynes Strand is pleased to announce that we have been named a 2016 Future 50 Award winner by SmartCEO. The program recognizes Charlotte’s 50 fastest-growing mid-sized companies that have experienced outsized growth based on a combined three-year average of revenue and employee growth.  These companies will be honored on April 27, 2016 at the Hilton Charlotte Center City.

“I’m honored for the Firm to be included in the Future 50 Awards this year.  It recognizes current and future CEO’s that are having an impact not only on their businesses, but on the city of Charlotte,” says John Bly, Co-Managing Member of LBA Haynes Strand, “To be included with this tremendous group of companies is a great honor for everyone here at LBA Haynes Strand.”

“Ask any CEO and they’ll tell you that leading a fast growing company is one of the most challenging and fun things an entrepreneur can do.  Whether they’re just starting out or rapidly trying to scale an established operation, this year’s Future 50 winners have executed their growth visions year after year, created job opportunities and made our region a better place to work and live,” says Jaime Nespor-Zawmon, President of SmartCEO Events.

Full List of Winners:

  • Alan Simonini Homes LLC
  • Anointed Flooring, Inc.
  • Armstrong Transport Group
  • Artisan Signs and Graphics
  • Avant Garde Technologies
  • Barton Contracting Corporation
  • Boxman Studios, LLC
  • Carolina’s Home Medical Equipment, Inc.
  • CCS Construction Staffing
  • CDI Southeast
  • Command Partners
  • Costner Law Office, PLLC
  • ettain group, Inc.
  • Fab Fours, Inc.
  • The Greene Group
  • ImagineSoftware
  • In-Flight Crew Connections
  • Independent Advisor Alliance
  • InfoSense, Inc.
  • InnerVision Inc.
  • Intelligent Buildings, LLC
  • Jackrabbit Technologies, Inc.
  • Lakeside Project Solutions
  • LandDesign, Inc.
  • LBA Haynes Strand, PLLC
  • LogoNation, Inc.
  • Lwin Family Co.
  • modPALEO
  • Movement Mortgage
  • NoDa Brewing Company
  • OrthoCarolina
  • Party Reflections
  • Peak 10, Inc.
  • Red Moon Marketing
  • Remi
  • Rhythm Systems
  • Search Solution Group
  • Seedspark
  • SMD
  • Something Classic Catering & Cafes
  • SPAN Enterprises
  • Spangler Restoration
  • Strategic Power Systems, Inc.
  • T1V
  • TalentBridge
  • Tattoo Projects
  • Teguar
  • Titan Electric
  • Verigent, LLC
  • WDS, Inc.

LBA Haynes Strand Makes Inc. 5000 List…AGAIN!

LBA Haynes Strand, PLLC Ranks No. 1695 on the 2015 Inc. 5000 with Three-Year Sales Growth of 239%

We are pleased and excited to announce that Inc. magazine has ranked LBA Haynes Strand NO. 1695 on its 34th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. This ranking makes for LBA Haynes Strand’s second straight year on the Inc. 5000, as we were ranked NO. 3762 in 2014. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

“We are honored as a firm to be included on this list of the fastest growing companies,” says John Bly, Co-Managing Member of LBA Haynes Strand. “This ranking is a testament to the hardwork and dedication of the Principal Members and all the employees at LBA Haynes Strand.  Our team is second to none, and we are very excited for what the future holds and the direction the firm is headed in.”

The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490%. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” says Inc. President and Editor-In-Chief Eric Schurenberg. “You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don’t achieve that kind of success by accident.”

Methodology

The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.   

LBA Haynes Strand Launches Capital Advisors Group

We are excited to announce a new division at our firm – LBA Haynes Strand Capital Advisors.

John Bly, Co-Managing Member of LBA Haynes Strand, PLLC, had this to say about the announcement: “Since the firm was established, LBA Haynes Strand has been an active participant in the M&A marketplace. Our firm itself has successfully merged or acquired 11 CPA Firms in 11 years, which has created many new and exciting opportunities for the firm.  Over the past few years our clients have been hiring us to advise on mergers and acquisitions, performing due diligence work and providing advice on the structure of the deal. With our history and given the tidal wave of M&A activity coming over the next 10 years, we felt that this was the perfect time to launch our own Capital Advisors group.”

The new entity will be known as LBA Haynes Strand Capital Advisors, LLC and will be led by Saeed Moghadam. Saeed brings over 17 years of banking experience to the group, as he has enjoyed a successful career working with some of the largest banks in the Charlotte area. Our clients will now benefit from being able to leverage both the CPA knowledge and the Banker knowledge under one roof. LBA Haynes Strand Capital Advisors will offer professional advisory with in house due diligence, providing a seamless experience to our clients. 

New Service Lines under LBA Haynes Strand Capital Advisors include:
  • Capital Raise
  • Buy Side Searches
  • Sell Side Representation
  • Debt Refinance
  • Exit Planning
  • Valuation
  • M&A Advisory

To learn more about our Capital Advisors team and how we can help your business, contact us for your no-cost consultation.

LBA Haynes Strand Has Acquired SeeRisk Management Advisors, LLC

LBA Haynes Strand is excited to announce the acquisition and combination of SeeRisk Management Advisors, LLC to our family. Effective December 1, 2016, Dave Recchion, President of SeeRisk Management Advisors, LLC, has joined the LBA Haynes Strand team as a Principal and leader in our Greensboro office. Dave brings 30 years of professional experience to our Firm. After working as a Partner with Ernst & Young for 13 years, he founded and ran a highly profitable Risk Management Firm in High Point known as SeeRisk Management Advisors, LLC for the past 4 years. Dave will join Johnny Wood as the Principals of the Firm leading our Greensboro Office.

The combination with SeeRisk Advisors will greatly expand our client service offerings to include: Risk Assessments, Internal Audit outsourcing, Internal Controls, Sarbanes Oxley, Process Improvement, and a specialization in Risk Management Strategy. In addition, Dave brings a unique service offering for family and privately owned businesses called, “Exit By Design”.  LBA Haynes Strand clients will have immediate access to this offering which includes a design session and strategy development for a successful transition for clients ready to exit their businesses. Many business owners struggle with the decisions related to selling, merging, and handing down their family and privately owned businesses. The “Exit By Design” offering helps clients identify and build the greatest value for their business, while designing the best exit strategy from their business.   

Prior to founding SeeRisk Advisors, Dave was a Partner with Ernst & Young, where he held a key leadership role in their national advisory practice. In his role as Advisory Markets Leader for the Americas he managed strategic client relationships on a national and global level, where he developed and executed the firm strategy surrounding Risk Advisory Services. 

John Bly, CEO of LBA Haynes Strand, PLLC, while expressing his excitement for the combination and addition of Dave was quoted as saying, “Process improvement and Risk Strategy methodology will enable us to dig deeper into the challenges that face our clients and help identify and mitigate their strategic, financial, compliance, operations, and reputation risks before they impact the business. The addition of Dave to our leadership team demonstrates our commitment to provide a complete and holistic view into the needs of our clients”. 

Please join us in welcoming Dave Recchion to the LBA Haynes Strand family! 

LBA Haynes Strand Attends NC Charter School Conference

Each year, the North Carolina Public Charter Schools Association organizes a conference for educators, administrators, parents, vendors, board members, and supporters of the NC Charter Schools System. LBA Haynes Strand has attended this event for the last several years, and we are grateful for the opportunity!

The NC Public Charter Schools Association was established in December of 2011. Their mission is to grow and sustain high quality public charter schools that nourish North Carolina’s children and enrich their families. Our Firm is proud to support the Association, and provide full-service accounting, payroll and CPA audit services for prospective and established North Carolina Public Charter Schools. We understand the unique needs of charter schools, which is why we’ve structured our Charter School Accounting Division to accommodate your most common concerns.

We look forward to attending the Charter Schools Conference each year and to furthering our knowledge so that we may better serve our clients. If you are interested in discussing our charter school accounting services, set up a no-cost consultation today! We are proud of our partnership with the NC Public Charter Schools Association and are excited to see it thrive!

Asheboro Expansion

LBA Haynes Strand PLLC Acquires Asheboro, NC Office

LBA Haynes Strand is excited to announce the acquisition of the Asheboro office of Cherry Bekaert LLP. With this acquisition, we will expand our firm’s footprint to maintain the Asheboro office location. With nearly 80 professionals across North Carolina, clients will have access to local resources and immediate support.

“Our firm has been focused on the middle market client base for more than three decades,” said LBA Haynes Strand CEO and Principal, John Bly. “We are excited for the opportunity to add quality team members in the Asheboro market, along with a strong client base. This is the next step in our firm’s growth plan.”

Cherry Bekaert partner, Brad Crumpler, has announced his retirement and will assist our firm through the transition period. Elizabeth Scott (Senior Associate) and Donna Smith (Administrative Assistant) will be joining the LBA Haynes Strand team.

Principal Chris Bunting will continue to lead the firm’s assurance department while principals Dave Recchion and Courtney Ageon will build and maintain local relationships in the Asheboro community. In addition, the Greensboro office team will be readily available to support all client needs.

Since its inception, the focus of LBA Haynes Strand has been to become a partner in our clients’ success. Cherry Bekaert clients will be able to continue working with high quality professionals committed to delivering excellent client service.

LBA Haynes Strand expanded into Winston-Salem in January 2019 and looks to grow more across North Carolina and the southeast.

June 15th Lunch-n-Learn: Information Security Threats

Small businesses (SMB’s) are subjected to a daily onslaught of Information Security threats. These threats come in many forms including technical, human, and software vulnerabilities. How does a SMB that is already restricted by personnel, budget, and productivity constraints effectively combat these threats?

There is always more…

More hardware, more software, more people, more procedures.

Just more stuff.

More is not always the answer. Often times other more practical methods or improved configuration/utilization of existing resources are the solution

Corporate Information Technologies (CIT) is a 19 year old information technology firm that are subject matter experts in the areas of Technology Infrastructure, Data Storage and Backup, and Information Security. CIT is privileged to have the opportunity to perform both defensive (Blue) and offensive (Red) team Information Security (InfoSec) assessments for many of their clients. These organizations, many the leaders in their respective industry, have substantial IT infrastructure and Information assets to secure. More often than not these assessments reveal substantial ways to better secure these organizations using their existing systems and investments. Many times training and communication is the only component missing from their InfoSec arsenal.

Understanding the methods and techniques used by attackers is one of the most effective ways to combat attackers. Using this understanding to better craft defenses and detection methods against ever evolving attacks is one of the most effective preventative measures an organization can take.

Humans remain one of the largest weaknesses while simultaneously being one of the greatest assets to any organization’s InfoSec policy. Training and equipping them for battle should be on the forefront of every SMB’s InfoSec plan. Plan, train, rehearse, test. It is often the simplest things that make the greatest differences in the battle to secure an organization against attackers.

On June 15th Corporate Information Technologies (CIT) is hosting a Lunch-n-Learn to share the top 5 ways small businesses are hacked and effective ways to combat them. This talk will be presented by a member of CIT’s offensive security team (Red Team). As ethical hackers, they are involved intimately with the techniques used by their nefarious black-hat counterparts. Come learn how to better secure, detect, and deter hackers from making your organization their next victim.

This event is an informal small-group setting with a member of CIT’s offensive security group discussing this vitally important topic. CIT will provide a non-technical presentation that is intended for both a semi-technical and completely non-technical audience.

Julie Ayers: Enterprising Women of the Year Award Honoree

Enterprising Women magazine has announced the winners for the 2019 Enterprising Women of the Year Awards. LBA Haynes Strand is excited to announce that Julie Ayers, Principal Member of LBA Haynes Strand, has been named an award honoree! The Enterprising Women of the Year Awards is an annual tribute to the world’s top women entrepreneurs. It is widely considered one of the most prestigious recognition programs for women business owners.

“The recipients of the 2019 Enterprising Women of the Year Awards represent an amazing group of women entrepreneurs from across the United States and as far away as India and South Africa,” said Monica Smiley, publisher and CEO of Enterprising Women. “We are so proud to recognize their accomplishments as CEOs of fast-growth companies, community leaders, and role models and mentors to other women and girls. We look forward to shining the spotlight on them at our 17th annual awards event in March.”

There are seven categories of award winners, based on annual sales. To see the complete list, click here.

In addition, Julie Ayers and LBA Haynes Strand want to congratulate the other women across the globe who were recognized for the Enterprising Women of the Year Awards. You can find more information or register to attend the awards celebration by clicking here.