Simplifying and Organizing Your Finances for a Small Business

Garrett Baird

”We wanted to make a simple, all-in-one product, all-in-one subscription, and remove all the limits we can. So, I don’t care how many receipts you want to upload into our system. Do it.”

 — Garrett Baird 


Listen to the complete episode here:

Are You Struggling with Organization and Financial Management?

Organizing your financial documents can be a key to your business’s success. In this episode, we’re having the President & CEO of The Neat Company (Neat), Garrett Baird, who offers tips on how HVAC business owners can declutter their business.

As a service business owner, you must understand your numbers, like being able to read and interpret financial statements, knowing your breakeven point, and having a good handle on cash flow. 

  • When you know your numbers, you can make informed, strategic decisions about where to allocate resources and which products or services are most profitable. Good number-crunching skills will help you run your business more efficiently and effectively. Though, it’s too stressful to keep all those numbers organized in your head, so you need tools and software to manage that for you.

You don’t want to miss this episode!

Join Tersh Blissett and his co-host Josh Crouch as they talk with Garrett Baird about simplifying the organization and management of your financial documents. 

Tune in as they sit with an amazing coach, a leader with professional passion who shares tips about how to think positively even in difficult situations. Let his nuggets of wisdom and goals guide you in owning a thriving, profitable, and ever-growing business.

Are you looking for valuable business advice to reach that seven-figure revenue mark? Do you want actionable tips to properly navigate through every business challenge you encounter as a tradesperson along the way? Then this podcast is definitely for you. 

In this episode, we discuss:

  • Problems small businesses face with financial management
  • How Neat’s software benefits small business owners
  • Neat’s pricing, customer service, integration capabilities, and more!

Why do Small Business Owners need to know about Neat?

Garrett says Neat helps business owners to Better Understand Their Financials.

[6:58-17:26]  “If you’re filing a Schedule C, you’re doing it yourself when it comes to your tax return, and you don’t have a CPA, so Neat will give you everything you need to prepare your taxes AND to, along the way, see how your business is performing,” says Garrett.

How Neat’s “Monthly Review” Could Save You TIME and MONEY

[22:37-23:32] We created something we call the Monthly Review, and the Monthly Review is exactly what it sounds like. You step through your transactions and do two things, you’re doing the categorization, but… at the same time, we’re using our traditional strength at Neat of matching the receipts, or invoices, to transactions so that you have those financial documents, the source documents, behind those transactions fully married up so that you don’t have to show up with a shoe box either to your CPA or God-forbid the IRS,” says Garrett Baird.

How is Neat set up, and how much does it cost?
Garrett answered that there’s a simple subscription fee.  

[41:26-42:25] “We’re also a bit weird we don’t charge for added users, we don’t charge for multiple businesses or lines of business… We keep it super simple to come in and use our service. We’re right around that $24/month price point for our customers,” says Garrett Baird. 

How Neat’s “Monthly Review” Can EASILY Prepare Your Small Business For TAX Season 

[42:37-49:18] “It’s built into our application, and it’s essentially a workflow that steps you through all of our transactions and the matching receipts, gives you that final opportunity to say “yup, looks good…”…  as you go, you’re getting near real-time feedback on the performance of your business,” says Garrett Baird.

Garrett Baird recently joined Service Business Mastery Podcast, and here are some highlights of the podcast:

  • Problems small businesses face with financial management
  • How Neat’s software benefits small business owners
    • Can Neat integrate with CRM and/or Quickbooks?
    • Can Neat replace accounting software?
  • Neat’s pricing, customer service, and integration capabilities

Key Resources From The Show:

About The Guest:

Garrett Baird Head Shot imageGarrett Baird is the President and CEO of The Neat Company (Neat), a software company that provides financial management tools to small businesses. He started the company to help entrepreneurs who are struggling with organization and management. The goal was always to make life easier for business owners so they could focus on what they’re passionate about. Now, businesses worldwide rely on Neat’s software to keep things organized – it’s no wonder Garrett is seen as a visionary in this space!

Meet the Hosts:

Tersh Blissett; Host & Producer of Service Business Mastery podcastTersh Blissett is a serial entrepreneur who has created and scaled multiple profitable home service businesses in his small-town market. He’s dedicated to giving back to the industry that has provided so much for him and his family. Connect with him on LinkedIn.

 

 

 

Josh Crouch Host of Service Business Mastery podcastJoshua Crouch has been in the home services industry, specifically HVAC, for 8+ years as an Operations Manager, Branch Manager, Territory Sales Manager, and Director of Marketing. He’s also the Founder of Relentless Digital, where his focus is on dominating your local market online. Connect with him on LinkedIn.

 

 

 

Shout out to those who have partnered with us to make this information possible to share!

    • Sera https://sera.tech/go/service-business-mastery/
      • – Request a demo through Service Business Mastery for a discounted Onboarding and Per Tech Fee.
    • Upfrog https://www.upfrog.io/
    • CompanyCam https://www.companycam.com/SBM/

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Listen to this podcast and get equipped with essential business advice from this impactful conversation. So, what’re you waiting for? Tune into this episode right away and get one step closer to becoming the successful owner of your dreams.

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For a complete transcription of the interview, Read More

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