With ITR Economics forecasting an economic depression during the 2030s, there is a lot for a business leader to think about when it comes to the future of their company. Financial Resilience – Your blueprint to the 2030s is a new service that provides you with a customized playbook to answer many of your questions regarding the future of your business. Here are just a few of the common questions this new service will answer to help determine if it is a good fit for you!
Question 1: With a depression coming in the 2030s, should I sell my business?
With this new 15-year forecast, ITR Economics begins by reviewing how your business and markets performed in previous periods of economic stress, such as the Great Recession in 2008. We then provide you with a 15-year forecast of your year-end sales data. After providing that information, we schedule a call with you to discuss our findings, answer your questions, and talk through strategic options. Those options might include a discussion of the optimal time for a sale or the best course of action to prepare the business for the 2030s.
Many people own and operate family-owned businesses, so selling the business is not an easy decision. If selling your business is out of the question, this 15-year forecast can also help you position your business to fare the best when going through the 2030s.
Question 2: If I sell my business, how can I make the most profit?
Far too many business leaders will be completely unaware of the coming depression in the 2030s. Without ITR Economics’ insights, many businesses will experience an unexpected and precipitous fall in revenue that could lead to an unplanned and quick sale for a fraction of the price that could have been realized before the depression began. Maximizing achievable EBITDA and favorable multiples does not happen by accident. The Financial Resilience forecast can help define prime periods for considering a sale.
This 15-year Financial Resilience forecast can evaluate how economic trends will impact your business over the next decade, identify the factors that will influence the value of your business, and detail what holding onto the business will entail based on various economic factors. This will provide you with the optimal window of opportunity for you to execute your exit strategy.
Question 3: How will my markets perform in the 2030s? Do I need to find new markets?
As part of our 15-year forecast for your business, we conduct a subjective analysis of your current market mix and determine how they have performed in times of economic stress.
This analysis will determine if your business needs to diversify and move into new markets to be more successful and less susceptible to depressionary economic pressures. It can also help you identify new markets or strains on existing markets. This analysis can also inform you of necessary shifts in marketing efforts to gain market share while other companies struggle during the 2030s.
This insight from ITR Economics can help you properly focus your efforts so you can better position yourself for the future.
Business leaders and executives are facing a lot of uncertainty in the coming decade. Whether you are considering selling your business and retiring or need help positioning your company for the future, ITR Economics is here to answer all your questions about the next Great Depression with Financial Resilience – Your blueprint to the 2030s.