Friday Roundup 27th March 2020

This is the first of our Friday Roundups providing you with the news from the week.

Janet Jack – CEO
Sarah Palmer – COO
Simon Jordan – Marketing

Below are the notes from the podcast

Janet:
• IAB is Working from home
• We are in touch with Government Bodies and are releasing updates as soon as we know
• Payroll Processors are deemed as Key Workers
• Follow the FSB as they have the ear of the government
• Follow twitter etc to keep up to date with us.

Sarah:
• This is what I am doing in my business right now

  • Initial assessment of all clients to understand how critical their business is (this is changing so make sure this is reviewed each day) Example of hospitality
  • 15min call with your whole client portfolio – this is not business as usual but you must be the calm voice of reason
  • Followed up now with tangible plans – as it’s becoming clearer what grants are on offer we can start producing cash flow forecasts, banks are going to need this info if they are going to lend
  • Working with new software providers to get the help you need to support your clients
  • You need to understand that not all your clients will get through this so your income is going to be affected. So make sure you are their go-to person after the panic has subsided they will remember this.

• I will be sharing what I learn through the IAB newsletter etc

Janet:
• Although we are in crisis mode now this will pass so use the time to get your house in order
• AML
• Don’t waste time, learn new software’s like Zoom as this is going to change how we work for a long time to come

Simon:
• Marketing advice and how to stay at the forefront of your client’s mind and the top ten tips for boosting your business.
• More stuff to follow on this

Janet:
• Echo charity and what we can do at this time. Please see this link if you can help 

Simon:
• What to expect from the IAB/how we will be keeping in touch like the coffee morning (this will be a good place to pick Sarah’s brains)

 

If you have any questions regarding this week’s episode, please email marketing@iab.org.uk

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