Increase Your SEO Results by Linking to High Authority Blogs

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Here are some of the ways you can improve your websites SEO results.

Link your blog posts to high authority sites that are reputable when you need to cite references and data points — and you could superpower your own search engine optimization strategy.

The next time you have an idea for a blog post, type a keyword or headline related to the blog post topic you’ll tackle in Google. It’s good to see when reputable sites appear in the first three pages of the search results. Then you can consider whether the content that site has already published could be a reference you can link to in order to support or expand upon concepts or ideas in your own blog post. (Be careful not to duplicate any content).

You’ll give the reader peace of mind that you’ve researched and sourced the facts and ideas in your post appropriately. While presenting your own unique content as well. According to search engine optimization studies, a consistent link strategy to high authority sites could help boost the search engine rank of your own site.

Speaking of which did you know, according to a 2017 webspand study, 75% of marketers say SEO is content creation.

Make the Switch to Daily Cash Flow Reconciliation

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Why should you switch to daily cash flow reconciliation?

When you run a business, you’re likely juggling multiple tasks at once and reconciling your accounts can easily slide to the back-burner. By the time you get around to it, you may have a mountain of receipts and invoices to wade through.

Reconciling your cash flow on a daily basis, versus doing it weekly or monthly, can help to avoid unnecessary headaches. With daily reconciliation, it can be easier to spot errors and therefore be able to address them right away, rather than trying to deal with them weeks after the fact. This can take just a few minutes a day instead of a few hours at the end of the month. And it can give you granular visibility into what’s effecting your business.

Cut IT Costs by Keeping Peripherals

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Here is a simple but effective way to cut IT costs.

When replacing old equipment, look at items which make sense to keep. Many businesses choose to replace a desktop computer but keep the monitor, for instance. You can store a few extra monitors to replace the ones that might malfunction. Instead of purchasing both a desktop and laptop for your in-office employees who sometimes travel, consider docking stations for employees to allow them to connect their laptop to necessary peripherals while at work. This can help to cut IT costs over time, and have a positive impact on your business in case of emergency.

Improve Your Cash Flow by Making Batch Payments

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Here’s how you can improve your cash flow with batch payments

Good cash flow management means knowing what’s coming in and what’s going out and an organized system for paying bills all at once can be a huge help.

Start by checking your calendar to see when your expenses or suppliers are due to be paid each month. Then, look at your accounts receivable to see when you can expect payment for outstanding invoices. Aim to group payments to suppliers or to bill payees as close as possible to the due date and time those payments to coincide with inflows of cash from your receivables. Depending on your relationship with vendors, you may be able to have them adjust your billing date in order to time payments optimally for your cash flow.

When You Need Financing, Lower the Amount You Need to Borrow by Asking Clients for a Down Payment

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Asking clients for a down payment will help lower the amount you need to borrow.

We’re all used to the idea that companies must get their products on the shelves in order to make sales and hence generate profits. But what if you could ask for a chunk of the cash before you even broke a sweat? It does happen. Automotive pioneer Henry Ford (founder of Ford Motor) did this with his network of car dealers. He asked all of them to commit to selling a certain number of cars in the forthcoming year and to pay for them ahead of time.

In simple terms, he got the cash long before he started to build the cars. It allowed Ford to stay in business without tapping the financial markets for cash. The story is detailed in The Path to Personal Power by Napoleon Hill. Although the book was originally written as a series of lessons in 1941, the message hasn’t aged. At a minimum business owners should consider asking for a down payment (perhaps the whole bill) on orders before beginning work for their customers.

Use Expensify to Reconcile Travel Expenses Faster

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One of the biggest time sucks for employees in the modern era is filling out expense reports.

This task can be painful if it involves finding receipts, photocopying them, and taping them onto a piece of paper. Expensify can be an excellent solution to solve this problem. It lets you scan receipts with its app and allows employers to reimburse employees within a day. The Expensify software also syncs up with other accounting software, which will likely put a smile on your accountant’s face.

Start a New Project Without Getting Financing by Partnering With Your Partners

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Your partners can be the best asset for starting a new project.

No man or woman is an island, and neither is a company. Every business has a slew of suppliers for everything from pencils to raw materials. It may even be the case that you have as close a relationship with your suppliers as you do with your customers. In short, they likely know how your business is doing. They should know, because in a sense, they are one of your business partners who will prosper if you do.

Depending on how long they have been supplying you, they may know more about your company than your bank does. If that’s the case, then you also may find it easy to wholly, or partially, finance a new project by asking your supplier for credit. That is to say, you would ask to be billed long after your received the things you purchased from that company. Typically, suppliers don’t charge an interest rate, but instead offer discounts for speedy payment. It may make sense to start small and ratchet up how much credit you request. It’s worth a try and might be easier than the bank.

Make Some Money by Selling Old Equipment

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How do you capitalize on that old equipment?

Before you send your computers and mobile devices to a recycling facility or a donations site, check online to see if it makes sense to sell them. You can put the extra cash toward other I.T. expenses. Some sites will even mail shipping boxes directly to you, requiring you to only put the device in the mail to get your payout. Retailers like Staples and Best Buy also purchase used equipment, which may be the option for you if you’d prefer to stay local.

Gamify Employees’ Travel Expenses to Save on Business Travel Costs

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Here are a few reasons why you should gamify employees’ travel expenses.

Have you ever read an expense report from a trip only to learn that your employee enjoyed a $200 steak dinner? Or did you ever wonder why your employee traveled in Uber Black instead of Uber X? Those days are over. Rocketrip is a tool that exists to help you save on business travel expenses with your employees help. As TechCrunch writes, “[Rocketrip] believes you can motivate employees to spend less on business travel by rewarding them with gift cards. For each trip, the startup establishes a ‘budget to beat’ and helps employees split the savings with the company.” This works by incentivizing employees to help save your company money by splitting travel savings with them.

Get an Upswing in Cash Flow by Tapping Slow-Moving Inventory

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Tapping slow-moving inventory can be the key to improving your cash flow.

If your company manufacturers things then you most likely have an inventory of finished goods. That should be obvious to any student of business. What may not be as clear is that no one knows as much about their inventory as a business owner, especially a biz owner who has bootstrapped the business all the way from its founding in a garage.

Any cursory review should reveal which items aren’t selling as well as expected, at least at current prices. There will be some things which have a sorely disappointing sales performance. Never mind! That’s to be expected. Some things don’t work out. But there is good news. That slow-selling inventory could be a source of cash when you don’t want to borrow from a bank. Holding a fire-sale of slow-selling inventory could bring in cash. Plus it could cut the amount of space needed for storage and the expense of warehousing. It could be a double win.

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