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.
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 15 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.
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 15-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:
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!