Turner Business Appraisers

Turner Business Appraisers

Accounting

Matthews, NC 138 followers

We Value Your Business!

About us

Turner Business Appraisers is a forensic accounting firm in Matthews, NC that specializes in business valuations, equipment appraisals, and business broker services. Additionally the firm offers government services for City and County jurisdictions in the capacity of Business Property Tax Compliance Audits and Discovery Work. Team Turner is comprised of business professionals including CPAs (Certified Public Accountants), CMEAs (Certified Machinery & Equipment Appraisers) and CVAs (Certified Valuation Analysts) who are committed to delivering quality service with integrity, precision and unparalleled customer care. Turner Business Appraisers aspires to be the undisputed leader in customer care and quality in all of the industries we serve.

Industry
Accounting
Company size
2-10 employees
Headquarters
Matthews, NC
Type
Privately Held
Founded
2000
Specialties
Business Valuations, Machinery & Equipment Appraisals, and Business Personal Property Auditing, Discovery Services

Locations

Employees at Turner Business Appraisers

Updates

  • View organization page for Turner Business Appraisers, graphic

    138 followers

    What is the value of my business? As a business owner there are numerous circumstances you may find yourself in that will prompt this question. · I need a loan from the Small Business Administration · I need an appraisal for estate tax planning · I am in litigation · I wish to sell my business · I wish to buy a business We are here to assist you. At Turner Business Appraisers we are more than qualified to give you the best value for your business valuation. We are certified valuation analysts (CVA) with certification from the National Association of Certified Valuators and Analysts (NACVA). Our SBA business valuations meet the SBA’s definition as a qualifying source (SBA SOP 50 10(5)). At Turner Business Appraisers, we have the credentials, the education, the competency, and the experience to not only meet industry requirements, but also to meet your needs, while always maintaining the highest levels of appraiser ethics. 800-873-3040 / 704-821-0667 Renee.Cohen@turnerbusiness.com www.TurnerBusiness.com At Turner Business Appraisers We Value Your Business! #businessvaluations #businessappraisals

  • View organization page for Turner Business Appraisers, graphic

    138 followers

    I am pleased to present my esteemed colleague, Ed Steh, CPA, CVA, with a 15 year service award. His unwavering dedication and commitment to excellence exemplify Ephesians 2:10 - "For we are His workmanship, created in Christ Jesus for good works, which God prepared beforehand, that we should walk in them". Congratulations, Ed! Please join me in celebrating this milestone. Share your well-wishes in the comments below.

    • No alternative text description for this image
  • We were privileged to participate in the recent Carolinas Virginia Business Brokers Association (CVBBA) Annual Conference in Raleigh, NC. We are grateful to all vendors who made it a resounding success with insightful presentations. Jim Turner, CPA connected with Erin Crawford, MBA CBI, the president-elect of the International Business Broker's Association. Erin made an outstanding presentation called "Buyer Side Practice". As a silver sponsor, Turner Business Appraisers had a presentation on working as a Valuator and Broker simultaneously. What are your thoughts on the synergy between these critical functions? Let me know in the comments. To schedule a business valuation, please contact Turner Business Appraisers at www.turnerbusiness.com. #CVBBASilverSponsors #CVBBA2024Conference

    • No alternative text description for this image
    • No alternative text description for this image
  • Does every profitable business have goodwill or "blue sky" value. The assumption by many business owners (and potential buyers) is yes. But is it true? The answer might surprise a lot of people but in a nut shell not all profitable businesses have blue sky. The catalyst to determine if a business has "blue sky" value is almost always cash flow (patents and some trademarks might be worth their cost to replace). Market participants expect a return on assets and if cash flow is not robust a business might not have any blue sky value. For example if a privately held business has tangible assets worth a million dollars but normalized after tax cash flow is only $100,000 then it does not have blue sky (typically required rates of return on capital for private businesses is greater than 15%). But if the business had after tax cash flows of say $300,000 then it would have blue sky value. The return to tangible assets would be $150,000 which would leave $150,000 in net after tax cash flow synonymous with goodwill aka Blue Sky (assuming a 15% required rate of return aka capitalization rate). So, the next time a business owner says I am selling my equipment, inventory, and customer list. Remember the customer list might be worthless.

  • View profile for Jim Turner, CPA, graphic

    Business Valuations, Business Brokerage, and Equipment Appraisal Expert

    As we get older why does time seem to go by so fast? With school starting back I could not help but reminisce about how long 1 year seemed to last back in grade school---it took forever for Summer to come back around!! Have you ever wondered why time seems to be passing by faster today than it did when you were a child? I have pondered this question on numerous occasions---one day it occurred to me, "What if it is just a matter of simple math? " When a child is 2 his next year of life will be 1/3 or 33% of his total life time. But if you are 50 your next year of life is 1/51 or 1.96%. Thus the child perceives time more slowly because it is a greater percentage of his total lifetime. And for us adults the percent of our total lifetime represented by the next year just keeps getting smaller and thus it seems time is flying by! This is my anecdotal explanation-what do you think?

  • View organization page for Turner Business Appraisers, graphic

    138 followers

    Today's article comes from one of the most common questions I am asked during my consultations: How do you value a business? You can also view my video on this topic and others on my YouTube channel. Are you subscribed to my YouTube channel yet? Here's the link: https://lnkd.in/eJfht4uE #turnerbusinessappraisers #bizvalguy #business #businessvalue #businessappraisal #businessvaluation #cpa #businessconsult #businessdrivers #cashflow #laborforce #customerdifferentiation

    Top 4 Business Valuation Drivers: Expert Insights from Jim Turner

    Top 4 Business Valuation Drivers: Expert Insights from Jim Turner

    Turner Business Appraisers on LinkedIn

  • Often folks ask me what is the most important metric to value a business. When I tell them that it is cash flow they often ask me what is cash flow. I respond with cash flow is EBITDA. For those of you who work in the finance world EBITDA is probably already in your parlance but to most other folks it can be the first time they have heard this acronym. So, I wrote the attached article to help everyone understand EBITDA a little better [please download the article and share as you like]. By the way EBITDA was coined in the 1970's by Liberty Media Chairman (and Billionaire) John Malone.

  • View organization page for Turner Business Appraisers, graphic

    138 followers

    Working capital is an often-misunderstood aspect of buying, selling, or operating a business. Over the next four weeks I will post helpful information to demystify working capital so that even a novice will understand what working capital is and is not. In simple terms working capital is the amount of cash a business normally needs on hand to pay its bills over the next 30 – 90 days. So, please take a moment to read this first post in the series and if you benefit (from the article) share it with a friend who you know can benefit from understanding this topic better too.

Similar pages

Browse jobs