EPISODE · Aug 21, 2025 · 30 MIN
Why We Need To Abolish 90 Day Payment Terms
from The Electrical Show · host Fix Radio
Thomas Nagy and Paul Meenan look into how to de-risk your business and why 90 day payment terms need to end. Contractor, Callum Biscoe returns to share his roadmap for de-risking your business and putting protection in place when sub-contracting to Tier 1 contractors. The Small Business Commissioner, Emma Jones joins the discussion to explain her plan to use the stick rather than the carrot to re-shape rules around payment terms and the detremental affect that waiting for payments has on small businesses.
What this episode covers
Thomas Nagy and Paul Meenan look into how to de-risk your business and why 90 day payment terms need to end. Contractor, Callum Biscoe returns to share his roadmap for de-risking your business and putting protection in place when sub-contracting to Tier 1 contractors. The Small Business Commissioner, Emma Jones joins the discussion to explain her plan to use the stick rather than the carrot to re-shape rules around payment terms and the detremental affect that waiting for payments has on small businesses.
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Why We Need To Abolish 90 Day Payment Terms
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