Tag: small business
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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,…
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How to Evolve with Your Customers
Your business’s health depends on keeping customers and attracting new ones. But as new technology hits the market, the economy changes (hello, global pandemic), or your customers’ expectations change, how do you ensure that your business stays current? At Neat, we’ve faced the challenge of evolving with our customers more than once. And luckily, we’ve…
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7 Tips to Improve Your Small Business Communication in 2020 and Beyond
Internal communication is a key success factor for nearly 79% of organizations, and yet 29% of employees believe their current internal communication tools aren’t working. If you’re not focused on improving communication in your small business, you need to read this. Why? Well, for starters, a report by The Economist Intelligence Unit revealed that poor…
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5 Lessons on Going Digital (From a Brand That Has Done It)
Small-business processes are colliding with digital tools at breakneck speed — and with good reason. It doesn’t matter what your small business is, implementing digital tools in your processes can improve multiple areas of your business — from how you operate to how you provide value to customers. But despite it being necessary to stay…
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The New Neat: How Neat Is Evolving to Help Small-Business Owners in the 21st Century
Age-old processes often have a way of encouraging people to stick to the status quo. And perhaps no business process is grounded in tradition as much as small-business bookkeeping. At Neat, we believe in challenging and disrupting the bookkeeping status quo — as you can see from the transformation of our company over time. Whether…
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You’re Doing Small Business Bookkeeping Wrong (But So Is Everyone Else)
As a small-business owner, you’re a jack-of-all-trades. You can confidently switch your “business operations” hat to “chief marketing officer” hat in the blink of an eye. But when it comes to bookkeeping, a feeling of dread grows in the pit of your stomach. You’re not alone. “I [expletive] hate it — the worst part of…
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Small Business Tax Preparation Checklist (2020)
If you’re like most small business owners, you’re looking for ways to save money and avoid potential problems with the Internal Revenue Service (IRS). Whether this is your first time filing taxes for your small business or you’re a seasoned business owner interested in maximizing business deductions, we’ve got you covered. In fact, if you’ve…