recession Archives - Your ExitMap https://yourexitmap.com/tag/recession/ Free Exit Planning Tools for Business Owners Thu, 27 Apr 2023 17:39:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png recession Archives - Your ExitMap https://yourexitmap.com/tag/recession/ 32 32 122889523 Prepared for 2023 – Is This the Year to Exit? https://yourexitmap.com/prepared-for-2023-is-this-the-year-to-exit/ https://yourexitmap.com/prepared-for-2023-is-this-the-year-to-exit/#respond Wed, 04 Jan 2023 23:19:04 +0000 https://yourexitmap.com/?p=7592 What does being prepared for 2023 mean for business owners who are approaching, at, or already beyond normal retirement age? It’s become fashionable to pontificate about the “inevitable” recession in the coming year. There is an argument for not talking ourselves into making it happen. Unfortunately, there are indisputable reasons why it is going to occur regardless of whether we discuss it or not. Inflationary stimulus (including $6 trillion of ”quantitative easing”) in the US, combined with over-dependency on Russian gas supply in Europe and falling industrial production from COVID lockdowns in China have created the proverbial slow-motion car wreck for the world economy. All ... Read more

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]]> https://yourexitmap.com/prepared-for-2023-is-this-the-year-to-exit/feed/ 0 7592 Exit Planning in a Crisis https://yourexitmap.com/exit-planning-in-a-crisis/ https://yourexitmap.com/exit-planning-in-a-crisis/#comments Sun, 29 Mar 2020 09:48:09 +0000 http://www.awakeat2oclock.com/?p=4630 Why would you be exit planning in a  crisis? At the height of the economic expansion (a few months ago in late 2019) I was reviewing a company’s financial statements. Their sales were stagnant, and profits were minimal. When I asked the owner why his business hadn’t grown, he responded, “Well, the Great Recession hit our industry pretty hard, you know.” Take note that it wasn’t his fault. He was in a hard-hit industry, and the economy dealt him a bad hand. He ignored the thousands of businesses just like his that had grown and prospered in the last ten years. Once you hunker down ... Read more

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]]> https://yourexitmap.com/exit-planning-in-a-crisis/feed/ 1 4630 Exit Planning in a New Political Environment https://yourexitmap.com/exit-planning-in-a-new-political-environment/ https://yourexitmap.com/exit-planning-in-a-new-political-environment/#respond Sun, 22 Jan 2017 10:31:37 +0000 http://www.awakeat2oclock.com/?p=3650 What does a new political environment mean for business owners who are planning to transition their businesses? Should you accelerate your plans, or slow them down? As I’ve said many times in this space and elsewhere, the biggest single factor in successfully selling a company is the current condition of the financial markets. Since the Great Recession, the Federal Reserve has poured new cash into the system at very low interest rates. This “cheap money” has trickled down to fund a wave of leveraged buyouts by financial professionals seeking a better return than that from more traditional investments. This wave of cash enables some 7,000 private equity ... Read more

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]]> https://yourexitmap.com/exit-planning-in-a-new-political-environment/feed/ 0 4699 Boomers and the Lost Generation https://yourexitmap.com/boomers-and-the-lost-generation/ https://yourexitmap.com/boomers-and-the-lost-generation/#comments Sun, 04 Oct 2015 14:33:34 +0000 http://www.awakeat2oclock.com/?p=2978 Those who read this column regularly are well aware of the huge shifts underway as a result of the Baby Boomers’ coming exodus from the workplace. Those who aren’t familiar with the issue are invited to download my free, 45-page eBook Beating the Boomer Bust. Almost four years ago I mused about the chances of Generation X, smaller in numbers and less accustomed to competition than the generations immediately before (Boomers) or following (Millennials) becoming another Lost Generation, much like that of the F. Scott Fitzgerald era. Now, I’m seeing and hearing more evidence that such may be the case. A friend who works closely ... Read more

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