IFT contributes to new turnaround and growth guide for small businesses - The IFT

IFT contributes to new turnaround and growth guide for small businesses

The IFT has contributed expertise for a new guide published by Lloyds Bank for Business. Turnaround – Seizing New Opportunities is a free book designed for SMEs to boost stabilisation and growth after two difficult years, and can be accessed here.

Our chapter outlines the key components of a successful turnaround, and provides advice on how to secure proven external expertise through the recovery and growth journey.

IFT accredited members and partners have worked hard to help businesses navigate the immediate financial and operational difficulties arising from the pandemic. IFT independent turnaround directors and corporate partners helped companies save over 200,000 jobs in 2020. However, the proportion of distressed companies seeking turnaround management services remains very low. If just 4.5% more distressed firms sought our members’ support, we estimate that jobs saved could be 10 times higher.

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In the latest edition of Swift, The IFT’s quarterly magazine, you can read about our upcoming IFT events, including the IFT Awards, IFT news and

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NEXT EVENT - 13.06.2023

Have you managed a restructure, TUPE or redundancy process before? On top of being tricky and stressful, they’re an employment law minefield. With so much to think about and little room for error, the last

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UPCOMING EVENTS

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  • Date: 14.06.2023
  • Name: Restructuring Plans Webinar: A Guide for Independent IFT Members

Alongside a range of insolvency measures, the 2020 Corporate Insolvency and Governance Act ushered in some key turnaround tools. Due to Covid measures and economic conditions, it has taken some time for cases to work

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  • Date: 20.06.2023
  • Name: Food and Agriculture Webinar

Rethinking food and drink supply chains Businesses have always relied on suppliers to get their products and services from producers to customers. But with geopolitical and economic shocks threatening global food

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  • Date: 27.06.2023
  • Name: Breakfast Briefing – From turnaround through to transformation: how business values are driving success for Willerby Holiday Homes

Willerby Holiday Homes was the IFT Large Company Turnaround Award winner in 2017. Since then this £200m+ turnover business with 1200 employees has provided a microcosm of the challenges thrown at UK businesses:

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  • Date: 29.06.2023
  • Name: AUTOMOTIVE UPDATE WEBINAR

We will be joined by Lee Swinerd and colleagues from Interpath Advisory for an update on the automotive sector. They will be running through some of their recent experiences across a number of automotive jobs and will

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  • Date: 08.09.2023
  • Name: IFT NATIONAL CONFERENCE 2023

Tickets are now on sale for the IFT National Conference, the key knowledge and networking event for the turnaround business community. This year the conference takes place on Friday 8th September at No.11 Cavendish

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  • Date: 19.10.2023
  • Name: The IFT Annual Awards 2023

We are delighted to announced that submissions are now open for this year’s IFT Annual Awards. To submit an entry, please complete one of the two forms below: For Individual and Firm Awards: Turnaround

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