Tag: small business
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The Importance of Work-Life Balance for Small Business Owners
Building your business from the ground up is a huge accomplishment, and with it being your passion, it can be easy for the barriers between your personal and professional life to begin to blur. Work-life balance can be a challenge to master, but there are a few ways to gain more of your personal life…
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Why Startups and Enterprises are Moving Away from Monthly Bookkeeping (and You Should Too)
“The death of monthly accounting,” as Andrew Hoag, CEO of Teampay, calls it, “has long been overdue.” Monthly bookkeeping has been the old standby, but it doesn’t support any business—from small business to startup to enterprise-level—the way they need. Instead, companies are turning to automated bookkeeping. Below, we’ll cover why startups and enterprises are moving…
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Optimizing Your Business’s Financial Strategy for the Digital World
Managing a thriving business is, first and foremost, dependent on how well it can keep up with the competition within ever-shifting markets. While this has always been at the core of business success, it is especially true in the 21st century. With new technology being produced and improved upon at a rapid rate, there is…
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How a Bookkeeping App Lets You Complete Bookkeeping Tasks in Minutes, Not Hours
As a small business owner, you’re starved for time. Seventy percent of small business owners say they’re even too busy to eat during the day. One significant time- (and lunch-) stealing activity? Bookkeeping. Forty percent of small business owners report spending 80 hours per year on accounting and tax prep. Manual tasks like categorizing transactions…
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Ask the Expert: How to Prepare for a Sales Tax Audit
Owning a business of any size that sells taxable goods or services means you may be subject to a sales tax audit at any time. Businesses that sell their products in multiple states are especially susceptible, as any one of those states may select you for an audit. While you may not be able to…
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Ask the Expert: How to Improve Your Customer Support
According to SCORE, 40% of small businesses believe that customer experience helps retention and is their top growth strategy. At Neat, we definitely agree, which is why we believe in the importance of customer support. “You’re only as good as your last customer interaction,” says Jeff Gove, VP of operations and information tech at Neat.…
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Inefficient Bookkeeping is Costing Your Small Business: Here’s How to Improve
40% of small business owners spend 80 hours on tax preparation/bookkeeping tasks each year — from manually entering transaction data into a spreadsheet to determining how to categorize transactions. The time spent on this process is frustrating enough. After all, you have other business activities to take care of, such as marketing and budgeting. But…
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What You Need to Know About Google’s E-A-T Algorithm
If you’re a small business owner, you’ve heard it over and over again: It’s important to convince Google your small business website is credible. Unless you’re a search engine optimization (SEO) expert, you probably have more questions than answers. Questions like: How do I get my website to rank higher on Google? How do you…
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Ask the Expert: The CFO’s Guide to Reducing Business Costs
According to the Small Business Credit Survey, 19% of small business owners are hard-pressed to find funds to keep the lights on. While making more revenue would obviously be the ideal solution, reducing business costs is often necessary to ensure the survival of your small business. At Neat, we’ve had to reduce business costs many…
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4 Tips to Improve Your Business’s Finances
Financial management is a pivotal part of every business. A business’s financial health directly dictates how it will operate. No matter how successful your business is, your financial situation should always be improving. Optimizing your finances will set you up for a great second half of the year. Having a healthy reservoir of cash will…