Does Your Small Business Need A Virtual CFO?

Kiley MurphyBusiness Management, Outsourced Bookkeeping Services, Small Business Bookkeeping0 Comments

Virtual CFO balancing books and managing bookkeeping remotely

As a small business owner, you may feel as though you have limited options that are both affordable and effective when it comes to accessing professional advice from a financial expert. However, virtual CFOs fit the bill and are changing the landscape of small business strategic management. Hiring a virtual CFO, also known as an outsourced CFO, allows you to … Read More

Boost Small Business Productivity Use Time Blocks

Remote Quality BookkeepingBusiness Management, Outsourced Bookkeeping Services, Small Business Bookkeeping

small business productivity

“Work smarter, not harder” is a saying that most of us are familiar with. But how do we actually apply this concept when it comes to running a successful small business? One of our recent podcast episodes featuring bestselling author, Penny Zenker and Remote Quality Bookkeeping CEO, Mark Kilduff, discusses this very topic. Zenker explains the importance of getting into … Read More

Why Every Small Business Should Give Back … And How To Do It

Remote Quality BookkeepingBusiness Management, Outsourced Bookkeeping Services

small business give back

Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it’s the only thing that ever has. ~ Margaret Mead As a small business owner, have you ever considered giving back to your local community, supporting a charity or getting involved in volunteering? In addition to the wonderful feeling that comes from doing good, there … Read More

Understanding Small Business Liquidity Ratios

Remote Quality BookkeepingBusiness Management, Small Business Bookkeeping

small business liquidity rations.

In our last blog post, we covered the three financial statements every business owner needs to know. These are the balance sheet, income statement and statement of cash flow. Now that you have a good understanding of the main financial statements and their components, it’s time to learn how to use this information to evaluate the financial and operating performance … Read More

3 Financial Statements Every Business Owner Should Understand

Remote Quality BookkeepingBusiness Management

financial statements every business owner should understand

This month, we will explore three financial statements every business owner should understand. They are : The balance sheet The income statement The cash flow statement While we don’t recommend doing the books yourself unless you are bookkeeping professional, trying to run your business without understanding the balance sheet, income and cash flow statements is like driving a car without … Read More