Return to Virginia Business - November 2001

Super CPAs

Small business consulting

L. Samuel Saunders
Harris, Harvey, Neal & Co.

by Jenifer Buckman

He's certified as a public accountant, but L. Samuel "Sammy" Saunders thinks of himself as a doctor for business. He has helped generations of clients in Danville turn an idea into a healthy, thriving enterprise. Among his "patients:" several local medical practices and retail operations. "I like to tell them, 'If you do a good job practicing medicine, we'll do the rest.'" The same goes for his other clients. "Lots of people make a great product. My clients know how to develop and make electronics, or make plywood or buy the items they know will sell in their retail shop. What they need is instructions on operations."

L. Samuel SaundersThe 57-year-old senior partner of Danville's largest CPA firm, Harris, Harvey, Neal & Co., says working in his hometown gives him the chance to be involved in all facets of a client's business. "With some of the bigger [CPA] firms you work on one small issue, but you never get to see the big picture. In a smaller firm like ours, you've got to look at the trees, but you get to step back and see what those trees have made."

Saunders began putting down deep roots in his hometown not long after graduating from Virginia Tech in 1966. Before coming home, he used his accounting skills for two years in Saigon during a stint with the Army. Then he worked in Washington, D.C., for a short time with the firm that is now Deloitte & Touche. After returning to Danville, he joined his current firm where he has been a partner since 1973.

While at Tech, Saunders considered engineering, but soon found that accounting was his strength - besides it runs in his family. Saunders' brother and his son, Tim, are also accountants.

Harris, Harvey, Neal has served the community since the 1950s. "The firm handled the accounts of local businesses from jewelry stores to corner drug stores. A lot of our clients have stayed with the company all these years, and we have helped them make transitions and successions," says Saunders.

The firm itself has grown dramatically. Saunders was the fourth partner, though he wasn't enthusiastic about making the company's name any longer. Now there are eight partners and nearly 30 other employees - CPAs and support staff.

"I like to think of us as business doctors," Saunders says. "We help people plan how to run their business better." When it's time to expand, time to relocate, time to retire - his company provides advice and strategic planning.

Visibility in the community is also high on Saunders to do list. He serves as a member of his church's pastor selection committee and is the longtime treasurer for the DPC Community Foundation serving Danville and Pittsylvania and Caswell counties. The foundation pools funds from individual and corporate donors to support a variety of educational, social, cultural and charitable interests. Saunders also finds time to be an active member of the Virginia Group of CPA Firms.

Charles "Chuck" Snead Jr., a senior partner at Snead and Williams in Danville, says Saunders is respected for both his community and professional work.

"He and I go back quite a ways. He has a real care for the profession. His clients have the utmost confidence in him. He really works hard to help clients understand the different methods available for business expansion, internal and external expansion."

Snead says he and Saunders have remained great friends and have often referred clients to each other over the years, despite being competitors.

"I think he really tries to be a good friend to everyone. When I had left another practice and was talking to Harris, Harvey, Neal, I was heavily involved with a lot of nonprofits. That wasn't really something their firm did, so Sammy and Mr. Harris encouraged me to start my own business and sent me a lot of work."

Brad Reynolds, a partner at Harris, Harvey, Neal since 1985, says Saunders' willingness to put in extra hours and to make time for his clients even on the busiest of days gains him respect. "Even during the busy tax season, he will make time. He goes out of his way to see clients. He once had a group of doctors that wanted to meet with him on the evening of April 15, and he made time for that."

When he's not mincing numbers, Saunders turns to music for fun and relaxation. A voracious record collector, his personal collection includes rare Beatles' items. On Saturdays he reigns as proprietor of Downtown Records, a used record store in downtown Danville. "He's got a room in his house just for the records," says Reynolds.

Still the bulk of Saunders' time is spent naming that number rather than that tune and, fortunately for Danville, this is one doctor who is always in.

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