increase profits

5 ways to Improve Cash Flow in your Trades Business

cash flow, Owner

Cash flow is the lifeblood of any construction business. Without it, even profitable companies can struggle to survive. While there are many ways to enhance cash flow, (here’s a list of 23 strategies) these five strategies stand out as the most effective for ensuring stability and long-term success. Expand the article to find out how to implement them.

1 Smaller, More Frequent Progress Payments
2 Invoice Immediately & Systemise Your Invoicing Process
3 Tighten Payment Terms & Enforce Collections
4 Negotiate Better Terms with Suppliers
5 Increase Your Prices & Sell on Value

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5 DIY SEO Tips to Improve Your Website Ranking

Marketing

In today’s competitive digital landscape, it’s essential for trades companies to establish a strong online presence. Search Engine Optimization (SEO) can significantly enhance your website’s visibility, attract more organic traffic, and ultimately help grow your business. While hiring an SEO professional is an option, the industry is full of snake oil salesmen promising you to rank on the first page of Google, all for a not-so-small monthly fee. As a construction and trades company owner you can take several actions yourself to optimise your website’s SEO performance. This article will provide you with five effective actions to implement and improve your company’s website SEO.