In this episode of "Minimise Debt, Maximise Cash with Top Service," Emma Riley, CEO of Top Service and the 2025 Credit Professional of the Year , introduces a discussion between Laura Humphries, Head of Customer Development, and Phillip King, Non-Executive Director.

They explore why cash flow should be the number one business priority. The discussion highlights that businesses fail when they run out of cash, citing examples like Carillion, Woolworths, and ISG.

Laura and Phil emphasize that many smaller construction businesses, while passionate about their craft, often overlook crucial cash flow management. They discuss the importance of looking within the business for accumulated retentions or unpaid invoices and how getting support in credit management from day one can reduce the likelihood of failure.

Top Service offers assistance in recovering outstanding retentions and unpaid invoices, with one client successfully recovering 75% of $1.4 million in overdue retentions. This episode stresses that monitoring cash flow is vital, reiterating the saying: "turnover is vanity, profit is sanity, and cash is reality". For businesses interested in learning more about how Top Service can help with retentions, you can visit the Top Service website or call 01527 518802.

To enquire about Top Service services for your Business, go to https://www.top-service.co.uk/contact-us/

Music by Purple Planet

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In this episode of "Minimise Debt, Maximise Cash with Top Service," Emma Riley, CEO of Top Service and the 2025 Credit Professional of the Year , provides tips on how to maximize cash and minimize debt in the construction industry.

Listeners can contact Top Service Limited on LinkedIn for questions or check out their video podcast on YouTube. The next episode will continue to help you maximize cash and minimize debt by buying from Top Service.

To enquire about Top Service services for your Business, go to https://www.top-service.co.uk/contact-us/

Music by Purple Planet

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In this episode of "Minimise Debt, Maximise Cash with Top Service," Emma Reilly, CEO of Top Service and the 2025 Credit Professional of the Year , presents a discussion between Laura Humphreys, Head of Customer Development, and Stella Reilly. Stella Reilly shares insights from her 20 years at Top Service, including credit management tips and tricks she's learned.

The podcast aims to provide tips on how to maximize cash and minimize debt in the construction industry. Details on how to contact Top Service will be provided at the end of the episode. You can also find a video version of this podcast on their YouTube channel by searching "Top Service Limited".

To enquire about Top Service services for your Business, go to https://www.top-service.co.uk/contact-us/

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