Every business owner knows that access to cash is the key to successful business and financial management – it’s the fuel that feeds the profit engine. In a world where business interruptions are spawned by non-financial events, such as COVID-19 and civil unrest, short-term solutions such as the Economic Injury
The first quarter of 2020 saw record drops in stock values of public companies. The Dow Jones Industrial Average was down 22% for the quarter. Headlines were full of bad news related to the coronavirus pandemic, from losses to job cuts to bankruptcies. Some industries were harder hit than others.
During uncertain times, when fear can lead to generalizations and assumptions can be made based on a single data point of a given trend, facts can be a steadying influence. In the face of pervasive beliefs to the contrary, local banks are indeed still lending money for working capital lines
Business owners are facing a new economic reality: never before have cash reserves been so vital to sustaining business continuity. Private equity firms are urging their portfolio companies to draw down on their open lines of credit to gird themselves for the most turbulent financial downturn in the last 90
Barnes Dennig, one of the largest advisory and accounting firms in the region, is proud to announce that Lisa Benzinger, CPA, has joined the firm as a Senior Manager on the Transaction Advisory Services Team. Lisa has 20 years of experience across a broad spectrum of roles including eight years
In Fall 2019, Barnes Dennig’s Transaction Advisory Services group presented an expert panel discussion tasked with solving the puzzle of buying, selling and valuing a business. The panel was led by moderator Dino Lucarelli, CPA, director and leader of Barnes Dennig’s Transaction Advisory Services group, who has been leading successful