When it comes to managing the books for your small business, timeliness and accuracy are key. One of the best things you can do is to come up with a schedule to help you stay on track with the accounting tasks that need to be completed in order to keep your business...
As a small business owner, are you spending the majority your day running your business when you should be growing your business? When it comes to managing the books, you could consider bringing on a costly in-house bookkeeper to track your financials. Or, make the...
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...
“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...
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...
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,...
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...
As 2016 comes to an end, it’s the perfect time for small business goal setting that will motivate you for success in the New Year. Without clearly defined and measurable goals, your small business may struggle to find direction and you may begin to “lose steam.” Goal...
Remote Quality Bookkeeping keeps abreast f the ever-changing tax laws that you need to be aware of to ensure that your business is compliant. Here is a rundown of three 2016 IRS tax changes that will impact small to medium sized businesses: Extended tax breaks for...
Taxes can be one of the most challenging parts of the accounting process for small businesses. That’s why Remote Quality Bookkeeping™ is proud to partner with many of these companies, using our online accounting services to make tax time easy instead of stressful....
Many people start their first business with stars in their eyes. They want to make something new, be creative, and change lives. These are all wonderful goals, full of ideals and promise, but no matter how good your intentions are when starting a business, it will all...
We know that it is only February but now is the perfect time to start thinking about filing your taxes. Many small business owners think that doing their own taxes is something that will be relatively easy and won’t take that much time. They may say “But TurboTax will...
