Topic: | Re:Re:Re:Re:Re:Re:Good point - a recommendation! | |
Posted by: | Andrew Jones | |
Date/Time: | 07/08/20 15:27:00 |
Hi David, you know the hospitality trade, I don’t (except as a customer). Overall (taking into account that you are delayed half your income for one week, before presumably the cash flow would settle to it’s nominal value assuming a constant level of sales) do you think the scheme helps businesses like yours? The downside is clearly the lower cash flow for the first week (assuming payments are made in a timely manner), the potential upside is the greater overall income if the scheme encourages increased footfall (rather than skewing it towards Mon/Tue/Wed) Seems to me (again I don’t know the trade, but appreciate your point about small margins) some places are going to be better off and some worse off. Anyway, good luck, and hope it works out. |