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Home > Business Information and Advice > Practical help and advice for you and your business in the downturn
IoD recession support and advice
We have guided our members through five UK recessions since World War I and we will continue our support through this recession. Whether you need to increase cashflow, keep your staff on, improve their skills and flexibility, or simply reduce costs, we're here to support you.
Explore the links below to access a range of useful information, advice and news on managing your business through a recession and preparing for a positive recovery.
Leadership and Risk Management:
Staff matters - redundancy, restructure, retention and training:
Cashflow, debtors and creditors:
Raising finance:
Marketing and sales:
- How to win back old customers
- Increase sales with customer segmentation
- Selling yourself
- Marketing on the Internet
- Choosing the best keywords for your website
- Social networking to boost business
- Obtain targeted direct marketing lists at a preferential rate
- How to market your business
- Receive specialist advice on improving your marketing strategy
It is essential that you understand all aspects of your role in the year ahead. Take our Board Basics test to determine your level of understanding in those areas that are central for successful direction and leadership through a recession.
Further information and advice
For more tailored advice that is specific to your needs, we have a number of advice lines and services to help you - free of charge:
Tailored and unbiased advice by appointment via Directors' Advisory Service
- 020 7451 3188
- businessinfo@iod.com
For a quick chat with a solicitor and prompt legal advice, telephone helpline, Directors' Law Express
- 0870 241 3478 (from the UK);
- + 44 (0)1275 378719 (Outside the UK)
Prompt and independent business taxation advice from Directors' Tax Line
- 0844 561 8131, quote 33337 and your IoD membership number
Further business intelligence from the IoD Business Information Service
- 020 7451 3100
- businessinfo@iod.com
Books & publications
The following book titles cover many aspects of managing risk:
Did you know?
The Working Capital Scheme will secure up to £20 billion of working capital credit lines for ordinary risk companies with a turnover of up to £500 million a year, so ensuring that they are safe from reduction or withdrawal.
With the European Investment Bank, the Government has helped UK banks to negotiate credit lines of more than £4 billion to provide loans to SMEs - £1 billion of which is now available.
The Capital for Enterprise fund will provide £75 million for viable small businesses with high levels of debt, with professional fund managers providing equity investment to free up capital.
What our members say
“The advisor was extremely helpful, able to put my mind at ease, and suggested the next steps that it would be prudent to take, and the sort of services that would be able to help.”
“I am a relatively new member to the IoD. I am also a small business and to have access to this type of support is really good value for money, particularly in these difficult trading conditions.”
“The advisor's help was invaluable in the sense that he really understood my needs and was able to tune into my business and thinking process.”