The ‘eat out to help out’ scheme launches today with hopes that it will provide a much-needed boost to the hospitality industry. The initiative offers diners a discount of up to £10 per head on food and soft drinks when dining in on Monday to Wednesday throughout August. More than 70,000 restaurants from The Ivy to Nandos as well as smaller chains, independents, pubs and cafes have signed up to the scheme.

Diners do not have to apply to receive the discount, it is applied automatically to the bill at all participating establishments and then claimed back by them from the government. The government hopes that the scheme will boost consumer confidence and encourage people to venture out and support local businesses.

The hospitality industry has been one of the worst hit during the crisis with the knock-on effect also hurting companies the supply chain. With restrictions easing and hopes that the scheme will be a success there it at last some hope that the industry may start to turn a corner.

Most businesses have suffered during the pandemic and subsequent lockdown. Where possible companies have adapted their offer or the way in which they delivered their services. The furlough scheme and bounce back loans have helped some businesses stay viable until they can start to operate at previous levels and a lot of businesses have had to streamline to survive.

With the focus now shifting to economic recovery businesses are looking at their working practices to see where they be more productive and profitable. Cash flow is key to any businesses’ survival and ensuring cash is coming in when it should is essential to a businesses’ ability to properly plan, scale and explore new markets or product lines. Many businesses struggle in this area. It can take time to chase overdue invoices, time that would be better spent working on the business. Business owners often struggle to chase money they are owed because they are worried about damaging an established client relationship and jeopardising the possibility of future work. This can take its toll on the productivity and mental well being of the business owner as the worry mounts. The job of collecting the money can also fall to staff within the business who are not trained or experienced in this specialised area.

Coming out of lockdown is the perfect time to reassess how your business manages their invoice collection. Instead of using valuable resources that would better utilised in other areas to help your business develop and grow, now could be the time to partner with an experienced company to manage this for you. Daniels Silverman are a family owned company who have been specialising in credit management and collection for 25 years. We are experienced, ethical and approachable and work alongside your business offering a white label solution to your invoice collection. Using our service means we can improve your cash flow before problems arise.

We understand how important it is for you to keep a good relationship with your clients. Getting the money you are owed shouldn’t rid you of a customer, so we act on behalf of you to give them a friendly reminder of their outstanding invoices. You get a professional service with a high level of success, and your client has an open line of communication to resolve any queries.

We charge a flat monthly fee for our credit control services, as opposed to charging commission. This puts you in control of how much you spend depending o the number of invoices to be collected.

We also provide a same day service, so you know exactly where your accounts are up to, keeping your accounting systems accurate.

At Daniels Silverman we like to form partnerships with the people we work with and get to know and understand your company. Protecting your reputation is an essential part of our service and one we take very seriously. If you are struggling to get paid on time, or putting off taking action over a bad debt because you’re not sure how to handle it, or if you’re spending time worrying about your cash flow, then we would love to hear from you. Our staff are all highly trained and skilled in this field and can help to support you and your business by taking on this work on your behalf.

Get in touch today for a no-obligation chat about how our services could help your business. You can contact us via the website https://www.danielssilverman.co.uk/ where we have staff waiting to answer any questions you may have, or you can call directly on 0800 953 3631 to speak to someone in person.

We look forward to hearing from you.