Tag: small business
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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…
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23 Essential Bookkeeping Terms Every Small Business Should Know
Unless you have a background in accounting, the majority of bookkeeping terms seem like jargon and can be confusing. From “general ledger” to “chart of accounts,” these terms require small-business owners to spend time researching just to reconcile their books. It’s added pressure on top of an already complicated and overwhelming process. In this article,…
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Simplify Bookkeeping with These Five Types of Business Expenses
If you’ve used small-business accounting software, you’ve been faced with dozens of expense categories. (Does printing for a client go under the “Cost of Goods Sold” or “Office Supplies” category?) It can be overwhelming, to say the least. But it doesn’t have to be. At Neat, we’ve found that organizing business expenses into just five…
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4 Cybersecurity Tips for Remote Work
With the somewhat chaotic introduction of remote work, many companies were unable to take the time to create proper cybersecurity protocols. Although companies have a great deal of control while their employees are at the office, that luxury is no longer afforded when everyone is working remotely. Creating cybersecurity policies for remote work and educating…
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How to Calculate ROI Before Buying a Business
Founding a startup company can lead to excitement and rewards. On the other hand, if you want a way to own a small business with all of the rewards and a little less excitement, you might consider buying an existing business. If you buy the right company, you should already have a customer base, revenues,…