If you’re like most businesses, then there’s a good chance that you offer credit terms to some of your customers. This is known as your accounts receivable or AR as it represents the balance of money owed to a firm for goods delivered or services rendered but not yet...
Franchise Bookkeeping
Bank Reconciliation for Small Businesses: Why It’s Important and How to Do It
Whether you use accounting software like Quickbooks, an Excel spreadsheet or your an old school ledger book, the ultimate goal of bookkeeping is to reconcile a trial balance. Said another way, the final total of debits and credits must match in order to complete the...
How Does Outsourced Bookkeeping Work? 7 Tips to Get You Started
If you’re ready to spend less time running your business and more time growing your business, then it’s probably time to outsource your bookkeeping needs. Keep reading to learn the Top 7 Tips for getting started with outsourced bookkeeping for your small business....
Making Conferences Work for You
As providers of franchise bookkeeping services, the Remote Quality Bookkeeping team always looks forward to attending the International Franchise Association’s Annual Convention. This year’s conference, which took place in San Antonio, Texas, did not disappoint. We...
How to Run a Successful Franchise with 8 Tips
The Merriam Webster Dictionary defines a franchise as “someone who has been given the right to sell a company's goods or services in a particular area: a person who has been granted a franchise.” If this definition fits you...keep reading. Here are our top 8 tips on...
Revamped bookkeeping brings freshness to business owner’s franchise
To grow one’s business, one must understand the importance of innovation. In order to innovate, it’s critical to devote the proper time and resources to doing the job right. Lee Spinale Rea opened her Edible Arrangements franchise location in Hanover, Mass., in...
For ShelfGenie franchise owner, plug-and-play option resonated
During the average work day in the United States, a new franchise business opens its doors every eight minutes, according to an infographic unveiled earlier this year by mycorporation.com. That’s about 300 franchise openings each week across the country, many of them...