Insights and reports

THE INSTITUTE FOR TURNAROUND FINANCIAL ROADMAP FOR SMES

Written by Riyah Davies on March 10, 2021

This roadmap shows the critical points ahead for SMEs, so businesses can seek early intervention in the form of help from an accredited turnaround professional. This roadmap has been updated to reflect the announcements made by the Chancellor in the 2021 UK Budget on 3 March 2021, which extended several coronavirus support measures and outlined plans for the UK’s post-pandemic recovery.

Details are still emerging, and information is correct as of 10 March 2021 but subject to change at short notice given further government announcements.

This roadmap was created in association with Playfair Partnerships Ltd. Please contact John Playfair or Simon Playfair of Playfair Partnerships Ltd if you require further assistance.

John Playfair: 07970 619986
Simon Playfair: 07968 198550

You can download the infographic in PDF format HERE

 

Turnaround, the economy and people

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56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

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£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

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80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

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62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

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