With the 2030s depression quickly approaching, business leaders have a lot of important and difficult decisions to make as they prepare for what is ahead. One of the most important questions on the minds of many is whether to sell their business ahead of the next economic depression or carry on and lead their company through it. No matter what your decision is, ITR Economics is here to help.
Want to Sell Your Business? Here is How to Best Plan Your Exit
If you have already decided to sell your business, the next big question you must answer is when the best time is to plan your exit to make the most profit.
Now that we are nearly halfway through the 2020s, and with several key industries currently in a recession, now is the time to plan your exit strategy. So, how can ITR Economics help?
One of our best tools for helping you make the right decision at the right time is our new Financial Resilience service. This new offering gives you a fully customized blueprint of your business’s expected performance over the next 10 years.
This analysis will be completed by our Executive Team. We will review your company's past performance and response to previous periods of economic decline, evaluate the future of your industry and markets, and outline the various opportunities and risks your business will encounter in the coming years.
If you are still set on selling your business after we review our findings with you, we can help you determine the best time to sell.
Not Selling and Need Help Planning for the 2030s? We Can Assist You!
The 2030s depression will be unlike anything we have ever seen and will almost certainly be a difficult time for many business owners. However, that does not mean you have to sell before the start of the coming decade.
This depression will not be the end of the world! With strategic planning, the decisions you make now can set your business up for success in the future, and you can come out on the other side of the depression stronger than ever.
Our 10-year forecast will provide great benefits for those who decide not to sell. We also have other services to help you plan for the next depression:
- Insider™
- The ITR Economics Insider membership includes our monthly Advisor™ publication, with in-depth analysis of current economic trends and their business impacts. The Insider membership also includes consistent updates to our many leading indicators, our three-year forecast of the US economy with our US Economic Outlook dashboard, and monthly topical webinars with ITR Economics Senior Forecaster Connor Lokar.
- Trends Report™
- The Trends Report is a great way to increase your competitive advantage and identify markets for growth, as the service offers more than 40 market forecasts, produced with ITR Economics’ unparalleled forecast accuracy and unbiased perspective. Each monthly article also provides actionable advice you can apply to your business.
- Executive Vantage Point™ (EVP)
- One of our most popular services, our EVP consulting programs help take the emotion out of your decision-making so you can focus on accurate and actionable data. Our business-minded economists act as Trusted Advisors to your company, helping you identify the economic trends that will present opportunity or risk for your business now and in the future.
Whether you decide to sell your business or lead it through the 2030s depression, ITR Economics will be here to assist you. For additional advice from our experts, sign up for our free Trusted Insights newsletter for a roundup of the latest content from ITR Economics!
