How did the Great Recession back in 2008 affect your business?

This challenging period led to widespread business closures, significant employee layoffs, and prolonged recovery efforts. We hear plenty of client stories on the detrimental impact of the Great Recession and others detailing how imperiled their businesses were after being blindsided by this economic event.

However, the more important question is: What would you have done differently if you had known about the Great Recession years in advance?

Economic downturns are nothing new, but with the right preparations and strategy, history has consistently shown that businesses can not only survive these downturns but emerge stronger.

As we look toward the future, ITR Economics has been forecasting an economic depression for the 2030s for over 10 years. With this Great Depression now in sight, ITR Economics is offering the premier Financial Resilience program, which provides clients with a fully customized, 15-year blueprint to navigate this tumultuous period ahead.

[ Further Reading: 2008 Great Recession vs 2030s Great Depression: Similarities and Differences ]

Why Is the Financial Resilience Program So Valuable Now?

With the Great Depression of the 2030s set to begin within the next five years, now is the time to prepare. But where do you even begin?

Through the Financial Resilience program, our team of experts provides your business with a 15-year company forecast, offering a checklist of actions business leaders need to take in order to be the most profitable over the coming decade based on their company data.

Designing an optimal business strategy with ITR Economics’ insights can help you weather the economic storm coming, as we help you answer the most essential questions business leaders face:

• Should you consider selling the business?
• What is the best investment strategy ahead of the 2030s?
• What can you do to take advantage of the business landscape following the depression?
• What are the major risks to the business over the next 15 years?
• How will your business respond to economic factors such as pricing pressures, interest rates, etc.?
• Are there acquisitions worth pursuing now or later?
• Which markets should you target that your competitors are overlooking?

ITR Economics' Methodology and Forecast Accuracy

What makes the Financial Resilience program so effective?

Regardless of the size of your business or the industry you operate in, Financial Resilience sets you and your business up for success thanks to our proven methodology and unparalleled forecast accuracy.

Our services are built upon the long-term business cycle theory, rates-of-change analysis, and leading indicators, all of which have contributed to our overall forecast accuracy of 94.7% since 1985.

The Great Recession blindsided so many, leading to immense struggle in 2008. By leveraging our methodology through the Financial Resilience program, you can confidently prepare for the more severe Great Depression expected in the 2030s and maintain profitability throughout the next decade. 

Looking back at past financial crises, it becomes clear that having the ability to prepare in advance, adapt to new situations, and innovate are all essential for navigating economic uncertainty. With the Great Depression of the 2030s just on the horizon, our Financial Resilience program can give you the answers, tools, and insights you need to succeed through the coming downturn.

Contact us to start your Financial Resilience journey today and download our video from ITR Chief Economist Brian Beaulieu to help you build your Financial Bunker!