Business Valuation

Business Valuation Reliable assessments for ownership transitions and other high-stakes decisions. NC Business Advisory Services A Clearer View of What Your Business Is Worth Knowing the value of your business can shape important decisions. You may be preparing for an ownership transition, evaluating a new opportunity, or addressing a dispute. The DMJPS business valuation team […]
Sara Maddox, ASA, ABV, CVA, EA

Sara Maddox is a Senior Manager and Director at DMJPS CPAs + Advisors in Business Valuations. At DMJPS, her work includes valuing business enterprises using fundamental and complex analysis for purposes of succession planning, gift and estate tax, mergers & acquisitions, litigation matters, and shareholder buyouts. She works with a variety of industries, including retail/wholesale, […]
Benjamin C. Hamrick, CPA, ABV, CFF, ASA, CM&AA, CVA, CGMA

Benjamin Hamrick is a Partner at DMJPS CPAs + Advisors in Business Valuation Services. Ben began his career with the firm in 1983, specializing in business taxation, audit, and accounting. In 1995, he established the firm’s valuation practice. Ben has since become a recognized leader in valuation and advisory services, most recently honored by Forbes […]
The Cecil Legacy: A North Carolina Story About Planning Beyond the Numbers

It is easy to assume that business value is driven primarily by financial results and mathematical analysis. However, the most persuasive and defensible valuations are grounded in a coherent narrative,…
Valuation at a Moment in Time: Understanding Date-of-Death Value
For estate tax purposes, value is determined as of a specific moment in time on the decedent’s date of death (or an alternate valuation date, if elected). As laid out…
North Carolina Economic Report – 2025 Third Quarter
Highlights: DMJPS is pleased to provide the third quarter 2025 economic update across North Carolina’s fifteen metro areas. While select indicators point to moderating growth — including a slower pace…
North Carolina Economic Report – 2025 Second Quarter

Highlights: DMJPS is pleased to provide the second quarter 2025 economic update across North Carolina’s fifteen metro areas. Despite signs of moderating growth in some indicators, the state’s economy continues to show steady expansion, marked by broad-based job gains, low unemployment rates, rising wages, and strong consumer spending. Population dynamics further reinforce North Carolina’s economic […]
North Carolina Economic Report – 2025 First Quarter

Highlights: DMJPS is pleased to provide the first quarter 2025 economic update across North Carolina’s fifteen metro areas. The state’s economic indicators indicate continued job growth and consumer spending. Employment gains were recorded across most major industries, but unemployment in some areas, such as Asheville, reflects lingering challenges. In the first quarter of 2025, North Carolina’s employment […]
Public Markets and Private Values
Key Takeaways Public market trends shape private valuations — not directly, but by influencing perceived risk, buyer behavior, and discount rates. Economic uncertainty drives caution — investors, lenders, and buyers…
North Carolina Economic Report – 2024 Fourth Quarter

Highlights: DMJPS is pleased to provide the 2024 fourth-quarter economic update across North Carolina’s fifteen metro areas. Overall, the state’s economic indicators point to continued growth in payroll employment and average wages, sustained low unemployment, and increasing taxable sales. However, these trends were not uniform across all metros. The effects of Hurricane Helene in late […]
Drive Strategic Decisions with Business Valuations
Regular business valuations provide key insights for growth, risk management, and future planning. Here are three key takeaways: Enhancing Strategic Decision-Making: Gain insights into financial health to make informed business…
North Carolina Economic Report – 2024 Third Quarter

The following report presents findings from North Carolina’s third quarter, prior to the impact of Hurricane Helene on Western NC. The fourth-quarter report will include data after October 1. Highlights: DMJPS is pleased to provide a statewide quarterly economic report with highlights of North Carolina’s fifteen metros for the third quarter of 2024. The state’s […]