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.
Strategy:
Staff matters:
Cashflow & raising finance:
Marketing & sales:
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.
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 the Directors' Advisory Service
For a quick chat with a solicitor and prompt legal advice, call Directors' Law Express
Prompt and independent business taxation advice from Directors' Tax Line
Further business intelligence from the Business Information Service
“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.”