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

Cloud Bookkeeping Is Secure

Remote Quality BookkeepingOutsourced Bookkeeping Services, Small Business Bookkeeping

cloud booking secure

Many businesses across the country are making the switch to cloud based accounting. In fact, in the e-book, The Appification of Small Business, Intuit forecasts that close to 80 percent of small businesses will be “fully cloud operational by 2020.” Despite this outlook, as a small business owner, you might still have concerns about security when it comes to storing … 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

Importance of Budgeting

Remote Quality BookkeepingBusiness Management, Small Business Bookkeeping

importance of budgeting

Understanding the Importance of Budgeting The start of a new year often brings with it the feeling of new opportunities. In some ways, it feels like we have a clean slate or an opportunity to make a brand new start. We often try to set goals and make resolutions for how we want to proceed going forward. In our personal … Read More