Chris Roane, Director in Bennett Thrasher’s Dispute Resolution & Forensics practice, recently co-authored an article for the American Health Law Association on the performance of IRO Arrangements Reviews as it relates to Corporate Integrity Agreements (CIA). Chris and fellow article author Jeffrey Wilson, SVP and General Counsel for Lexington Medical Center discussed the core requirements of CIAs and some tips for effectively navigating IRO Arrangements Reviews.
The Dallas Business Journal recently interviewed Dane Harris, regional Transaction Advisory Services Market Leader for BT, about the firm’s expansion into Texas and the current landscape for middle-market deals. Harris, who was hired by the firm to lead its Transaction Advisory Services practice in Texas and nearby regions, discussed how BT intends to continue to grow organically and intentionally in North Texas and beyond, and shared how COVID-19 has provided an opportunity to do business differently.
Bennett Thrasher, one of the nation’s largest and fastest-growing full-service public accounting and consulting firms, names Dane Harris as its new regional Transaction Advisory Services Market Leader in Texas. Dane will be based in the Dallas/Fort Worth metro area and looks to expand the firm’s Transaction Advisory Services (TAS) practice in Texas and surrounding geographies.
You’ve started and grown your business, despite all the hurdles you had to overcome. It may be difficult to think about a time when you will transition out of that business; however, succession planning should start at least five years before you want to leave your company. If you put off your exit strategy until you’re ready to get out, you may seriously limit your options, including who you can sell to, the value you will receive and how successful the transition is.
Choosing the right team to advise you can help you continue to grow your business while working towards your personal goals. An experienced exit planning professional can assist you in developing the right plan for your business and creating a balanced lifestyle by integrating your personal and professional goals.
Life can change quickly. If something unexpectedly happens to you, your business could be adversely affected and your day to day operations could come to a complete halt. Business owners must prepare for unexpected events and have a contingency plan for worst-case scenarios.
Bennett Thrasher, one of the largest and fastest-growing certified public accounting and consulting firms in the country, is pleased to announce that it has been recognized in four categories of the Daily Report’s Best of 2021 Reader Survey.
Several key calculations can help you determine gaps in your business that may prevent you from meeting your goals. Our graphic explains the three most important gaps that exist for most business owners and shares how to calculate these gaps to determine how to best meet your business and personal goals.
The COVID-19 pandemic has impacted, to varying degrees, both the current and future financial performance of almost every company across all industries. As a result, assessing goodwill impairment has become a hot topic, with some companies taking another look at the valuation-related processes surrounding their existing goodwill impairment procedures.
Said simply, the value of any business is the present value of its expected cash flows. In order to convert these estimated cash flows to present value, they must be discounted using a required rate of return. The discount rate used should be commensurate with the risk of achieving these expected cash flows.
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