June 2024
Preparing for the 2030s Depression
In this article, ButcherJoseph & Co. Vice President Tristan Tahmaseb discusses a blueprint for succession planning considering ITR Economics prediction of an economic depression in 2030s.
He touches on why business owners should take a moment from building their companies to establish an exit strategy that accounts for both their potential retirement objectives and the predicted economic headwinds. He also provides insights into various the sale options available to business owners, and why creating a succession and ownership transition plan now are crucial elements of strategic business planning given the economic turbulence forecasted for the 2030s.
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