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SMEs feeling the brunt of the lockdown pain says survey from ITC

SMEs feeling the brunt of the lockdown pain says survey from ITC

Many companies are looking at ways to survive that include streamlining their operation in order to become more profitable and agile. Ensuring that the business stays competitive and has adequate cash flow is key to coming through the crisis. The lockdown has given some business owners the opportunity to look at how their operations have been running and to see where they could make time and efficiency savings.

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Roadmap to Recovery for construction

Roadmap to Recovery for construction

As we start to emerge from the lockdown and some sectors are back at work, the CLC has unveiled the Roadmap to Recovery plan for the construction industry, detailing how the industry needs to work over the next 2 years in order to recover. Daniels Silverman is a family owned firm that is entering its 25th year of operating successfully in the credit management and collection sector. We work in partnership with our clients, getting to know them and their customer relationships. We operate ethically and our professional debt collection team confidently provides bespoke debt recovery solutions for our clients, no matter how big or small. That is just one reason why we are regarded as one of the top debt collection and credit management companies in the UK.

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Is COVID-19 causing a cash flow crisis for your business?

Is COVID-19 causing a cash flow crisis for your business?

Whether it is debt recovery or our white label credit control service, our aim is to empower
your customers to repay the money owed to you. We promise firm but friendly
communications that ensure your reputation is maintained, enabling you to preserve the
working relationships you currently enjoy.

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Debt Collection in Unprecedented Times

Debt Collection in Unprecedented Times

Today companies are facing an unprecedented situation. Many businesses are unable to trade, some have had to alter the way they trade, and most staff have had to relocate and are now working from home. While the government has offered a £330 billion loan package to help businesses through this time, this may not be […]

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Going greener in 2020

Going greener in 2020

With businesses across the UK seeking to reduce their impact on the environment due to the current climate crisis, we look at the cost of really going green for SMEs in 2020. Businesses are one of the largest consumers of resources, and with severe weather across the globe and greater public awareness of climate change, […]

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2019 – Why so many businesses failed

2019 – Why so many businesses failed

2019 proved to be a tough year for many businesses, with research showing that the combined turnover of companies that went bust was around 1.2billion. With firms going under, this left many subcontractors and suppliers with huge losses unlikely to be recovered, leading to potentially even more businesses failing. So why did so many businesses […]

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Late payments and their effect on mental health

Late payments and their effect on mental health

Recent research conducted by Pay.UK has revealed that more than a quarter of SME business owners are stressed about late payments even when they are not in the office. A staggering two thirds (66%) have reported that late payments make running their business less enjoyable, and around 10% have needed professional support and counselling to […]

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Draft legislation to deal with late payments

Draft legislation to deal with late payments

Late payment is crippling small businesses while the UK economy is crying out for investment. By failing to tackle late payment we are starving our small businesses of the capacity to act. The recent huge escalation in outstanding payments shows that decades of promoting ‘culture change’ has only made things worse. This bill will tackle the issue once and for all with a package of measures that is operable, impactful and measurable.

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How to recover debts from companies

How to recover debts from companies

At Daniels Silverman we have compiled a list of the steps you should be taking to ensure that you are paid what you owed. Do your research: if a larger company has sub-contracted work to you and it is worth a lot of money, research the company. Are they known to be unreliable payers? Ask […]

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