• Understanding the
    Economic Impacts

The longest bull market on record is over. Now the question becomes: What’s next? How can your business thrive in an economic downturn?

Between mandated shutdowns and shelter-in-place orders, financial market sell-offs, labor layoffs and budget cuts, the global economy has taken a wallop. With social distancing guidelines in place for the foreseeable future, a true recession—two quarters in a row of negative growth—is extremely likely. The question is what will be the extent of the damage to the economy and what will it take for businesses to once again thrive?

In an ideal world, companies would already be taking steps to recession-proof their organizations. But the reality is most companies are in crisis mode, and it’s hard to plan for the next crisis when you’re in the midst of an active one. Business leaders must understand the signs and take swift action to adjust business plans and address financial issues to avoid a decline even when the coronavirus outbreak abates. And where possible, they must seize opportunities to drive business growth.

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Understanding the Economic Impacts
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Webinars

Blog Post
June 01, 2021
2020 was quite the year. While we started off with record highs in the stock market, by mid-March...
Blog Post
May 03, 2021
Universities and colleges in the U.S. are facing a challenging paradox. Over the past 20 years...
Blog Post
March 22, 2021
The American Rescue Plan Act and the Restaurant Revitalization Fund - What’s in It for Restaurants
Webinar
September 17, 2020
This webinar will explore smart strategies manufacturers can use to chart their path forward amid...
Blog Post
August 10, 2020
Recently the Federal Reserve announced an expansion to its Main Street Lending Program (MSLP) to...

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Webinars

August 24, 2022
Join our Government Contracting professionals to gain a deeper understanding of the overall process, learn about industry best practices, and discuss aspects of pricing methodologies.
August 30, 2022
People are at the heart of our organizations and hence every technology initiative. The adoption of new technology is driven by open transparency between leadership and stakeholders. Join BDO’s nonprofit leaders as they discuss 3 key elements which are vital to the success of an organization’s digital transformation: people, processes, and systems.