Insights and reports

The Institute For Turnaround Financial Roadmap for SMEs

Written by Riyah Davies on November 11, 2020

We have updated our roadmap for SMEs to reflect the announcements made by the Chancellor on 5 November, in which he detailed a new phase of simplified support measures in line with a new one-month national lockdown.

This roadmap is here to support SMEs in their return to business and activity. It shows the critical points ahead so SMEs can seek early intervention in the form of help from an accredited turnaround professional.

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.

Details are still emerging, and information is correct as of 11 November but subject to change at short notice given further government announcements.

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.

https://www.the-ift.com/wp-content/uploads/2024/12/Business-icon-updated.png

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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