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Get Recession-Proof

Is your business recession-proof? You could be close and not know it.

Of 1,000 possible industries you could be in or servicing:

• 140 are inherently recession-proof. They have grown historically and through recessions, and they're still growing today.
• The remaining 860 have risks that vary from minor to extreme, and the minor ones may or may not be perfect for you.

Getting recession-proof means more money in your pocket, and a MUCH better future for your business.

Understand your risks

This is the first step toward getting recession-proof.

Are you on a bumpy or stable ride? What are your downside risks?

We track the trends for each industry sector every month, and plot the data on graphs that are easy to digest and understand. We also track the trends for 1,000 industries nationwide, and the specific metropolitan trends for 400+ areas. These data are in huge spreadsheets (about 15,000 lines of data by 14 columns wide, in case you're interested) that can quickly be sorted and filtered to get an comprehensive assessment of your risks.

Understand your forecast

This is the second step toward getting recession-proof.

Is the road ahead of you uphill or downhill? Are the challenges ahead easy or hard?

We track the industry forecasts to 2016 and can give you a highly-reliable estimate of how your industry will perform, short-term and long term. We've been on the phone countless times with economists and the Bureau of Labor Statistics to understand the driving forces behind the industry forecasts ... ranging from the value of the dollar to foreign investments to shifting economic patterns to the recent boom in clean, green, solar, wind, and alternative energy technologies.

For example: Texas had 54% of all the new jobs in America in the 12-month period ending September 2008. Do you know why? We'll explain why when we chat, but here's a hint: it was not oil and gas.

Putting it all together

After you understand the risks and forecast for your industry, the next step is to develop specific solutions that will move you toward becoming recession-proof.

1. Can you use your assets to be in one of the 140 already recession-proof industries?
2. If not, can you retool or retrain with a profitable outcome?
3. If not, can you come close in some of the other 860 non-recession-proof industries that have risks?
4. If not, can you merge with or buy another company where your combined forces become recession-proof or complimentary?
5. If not, can you change your distribution channels toward recession-proof metropolitan areas where your industry is growing?
6. This list continues ... there are many more questions like these that need answered.

If you just can't change your stripes and your industry is destined for a bumpy or downhill ride, we'll help you develop strategies to minimize your risk and sail straight through the toughest of times. Here's one way to do it: Get Flexible and Lean. 

For a complimentary assessment and forecast, call 253-333-0633 or email Mark@TurnaourndTech.com. We work with clients all across America.