D CEO Magazine – Charting New Paths: How DFW Financial Executives Navigate Challenging Markets

Inflation and ensuing high interest rates in 2023 pushed typical capital providers into conservation mode; investors moved to protect their portfolios, and corporations focused on profitability versus the risks of growth. For service providers, these conditions created challenges in landing new clients or renewing existing contracts, but resilient financial executives navigated the troubled waters.

But not every business can head straight into the economy’s rogue waves and be unscathed. Smaller firms without hefty capital reserves may have to avoid the proverbial U-boats, change course, and find other opportunities. 

Such was the case for Dallas-based Davis Davis & Harmon CEO Chanel Christoff Davis, who pivoted during the pandemic to take on less traditional roles in tech. What was a sales tax consultancy took on an I.T. project to save the company. More recently, it ventured into oil and gas. Even though her company didn’t have much experience in the field, Davis built a team fit for the job. “It was unexpected, but we had to be scrappy,” she says. “Oil and gas keeps us on our toes, but we’re excited about our business.”

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About Davis Davis & Harmon LLC – Sales Tax Experts: Headquartered in Dallas, Texas, Davis Davis & Harmon LLC – Sales Tax Experts specializes in sales/use tax refund recovery and audit defense. Our team of consultants is comprised of former Big 4 sales tax consultants and state sales tax auditors. Each of our consultants has 15 to 20 years of experience, providing our clients with access to a highly specialized team of sales/use tax professionals. At Davis Davis & Harmon, LLC, we are committed to maintaining the highest standards in our talent pool. We work hard to meet our clients’ needs by ensuring that you view our firm as an extension of your company and a member of your team.