The investigations may also lead to negative public opinion as the company is looking to expand.
A new stream of business partners may emerge with Mr. Trump out of the spotlight.
For the past 4 years, Bobby R. Burchfield, a Washington attorney who has served as the Trump Organization’s ethics advisor, reviews potential business deals and partnerships. Exams make it difficult for some to pass, while others frighten the public’s attention.
Thorough scrutiny is now gone, opening up a new system of partnerships.
And with more than $ 300 million in debt coming due, which the president has personally secured, there may be some urgency for the Trump Organization to arrange new deals. In addition, an auditing ruling with the Internal Revenue Service could cost him more than $ 100 million, The Times reported in September.
A polarized country and a pandemic can hamper recovery.
Some of Trump’s most lucrative assets are in Democratic strongholds, like New York and Chicago, where he remains unpopular. And his biggest revenue generator, Florida’s Doral golf resort, experienced a drop in conference revenue as some large companies and organizations shunned because of his divisiveness.
As president, Mr. Trump has tried to fill the void, at least in part, through events pre-booked at his properties by groups connected to him and Party politics. Republic. The Trump International Hotel near the White House is often crowded with partisan allies.
It is not clear whether that patronage will continue, or if Mr. Trump’s detractors will return to his property after he leaves office. In addition, this has been a difficult year for the hotel industry because of the pandemic and headwinds also hitting commercial real estate. Both are central to Mr. Trump’s business portfolio.
There could be another presidential act for Mr. Trump or his children.
Mr. Trump, at the end of the year, came up with his own idea for reelection in 2024. And the possibility that another Trump election could have a big impact on his business in the next year, at least in countries like China, where there is a thicket of legal and moral conflicts that could arise.
The president also may not be the last Trump to run.
Donald Trump Jr. and Ivanka Trump may hold on to future political aspirations, and that could limit some growth plans. The risk is the greatest on the international front, where there are many potential conflicts of interest.