Better Business Management through the use of online outsourced bookkeeping services. These secure online services save business time and money.
Understanding the different business insurance types is critical to protecting your business from unforeseen, accidental allegations – claims that could cripple your company if ignored. In the content below, we provide a basic guide to the different business insurance types, providing insight to business owners. General Liability Insurance (GL) Liability insurance is critical for every…
How often are small businesses audited? What alerts the IRS to come knocking at your door? While audits are sometimes simply random, and cannot be entirely avoided, the IRS notices a variety of red flags – audit “triggers” that can be prevented. Unfortunately, many small business owners do not know the red flags that initiate…
Small businesses thrive on the relationships they build with customers and product suppliers. However, at any moment, these relationships can struggle due to the lack of proper inventory management. To prevent a shortage or surplus of your company’s products, managing your inventory on a regular basis helps your business thrive in areas such as customer…
Our Founder and CEO, Mark Kilduff, recently offered helpful business advice in an interview, sharing vital tips for staying afloat during the difficult conditions of COVID-19! Enjoy the entire article below. BRIDGEWATER, MA / ACCESSWIRE / May 6, 2020 / Remote Quality Bookkeeping have been working on finding ways to put the pieces together in terms…
As a business owner, navigating complex financial topics can be challenging. However, getting to the root of financial decisions that significantly impact an organization is critical. One such decision lies in business accounting. Every organization must decide which accounting method is best to manage and record income and expenses. Cash basis and accrual basis are…
With uncertainty regarding how long the impacts of the Coronavirus pandemic will continue, experts suggest we are still in the beginning stages. Unfortunately, small businesses already feel the drastic affects. Whether this pandemic resolves within the next month or two or stretches on as a long-term crisis, we need to prepare. Therefore, it is time…
Small business owners who recently opened their doors may feel inexperienced with the operational tasks involving bookkeeping. Quickly, they understand that running a company involves more than selling products or services, growing your client base, and increasing revenue. For those inexperienced with accounting duties, we are here to help. Below, we discuss the basics of…
Most people can work through filing an individual tax return. However, when responsible for submitting your small business taxes, a lot more is at stake. Though 93% of small businesses confidently believe in their ability to accurately file taxes, almost one-third also speculate they are overpaying. Tax season is a stressful time for any business,…