
Why Every Construction Business Needs a Credit Policy – Big or Small with Lauren Woolley and Phil King FCICM
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About this listen
Think credit policies are only for large companies with big teams? Think again. Lauren Woolley explains why every construction business, no matter the size, needs a credit policy—and how having one can make the difference between getting paid and chasing debt. You'll learn:
- What a credit policy actually is (hint: it's not always a 50-page document!)
- Why “one size fits all” doesn’t apply in credit management
- How small businesses can implement practical, effective credit controls
- The long-term benefits of having a policy in place from day one
Whether you're running a team of fifty or flying solo, this episode is packed with straightforward advice to help you protect your cash flow and build a stronger financial foundation for your business.
To enquire about Top Service services for your Business, go to https://www.top-service.co.uk/contact-us/
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