Davos in the Desert Podcast Series

Topic:   Managing Restaurant Turnarounds The restaurant industry has been hit hard in recent years due to COVID-19, a tight labor market and sky-high food costs. In some cases, hiring professional management and implementing state-of-the-art technology has backfired. It is not surprising that many restaurant operators are in need of a turnaround. Fortunately, our guest, Mark Byars has ma...

Topic:   Valuing Restaurants The old saw about the only way to make a small fortune in the restaurant industry is to start with a big fortune is far from universally true. Many restaurateurs have become wealthy by operating their restaurants. So, how should restaurants be valued, especially when recent years’ results have been so skewed by COVID-19? Are capitalizations of earnings method...

Topic:   The Role of Interim CFOs During Acquisitions Interim Chief Financial Officers can make or break deals. CEOs, owners and boards of directors must make sure that they have capable and conscientious CFOs in place well before executing a transaction. Capable interim CFOs often pay for themselves in terms of implementing tighter financial controls, removing inefficiencies, receiving...

This session discusses the plight of female sex trafficking victims. Light is shed as to the causes of sex trafficking, including the role of the foster care system, parenting and drugs. Enduring emotional scarring, relapsing and reverting to the sex industry are common and discussed during this podcast. Fortunately, there are organizations such as CeCe’s Hope Center that are dedicated to saving v...

Barren supermarket shelves. Eight dollars for a carton of eggs. Given the unavailability of food staples and skyrocketing prices of essential food, weekly visits to the supermarket have turned into traumatic events. To what extent is the tenuous food situation a manifestation of woke intentions versus a menagerie of irrational progressive policies?  COVID-19 can no longer be blamed for dwindl...

Charitable giving and selling your company are not necessarily two distinct activities. With a little planning before the sale of your company, you can establish a charitable trust that can yield you a near-term tax deduction; reduced capital, income and estate tax obligations; and, income over many years. Of course, the charities or religious organizations of your choosing can be named as the ben...