Best Bookkeeping Software for Small Businesses in 2025

Running a small business in 2025 means managing more data, transactions, and compliance tasks than ever before. Whether you’re a startup founder, solo consultant, or a team of 20 employees, one thing is clear: reliable bookkeeping software is essential to maintaining clarity, making sound financial decisions, and preparing for tax season. With so many options […]

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How to Choose Bookkeeping Services for Your Industry

Running a business is complex enough without the added stress of managing your books. And while bookkeeping is essential to your financial health, many entrepreneurs struggle with selecting the right provider, especially when your industry has unique needs. Whether you run a small e-commerce store or a growing law firm, choosing the right bookkeeping services

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What You Need to Know About Sales Tax Compliance in 2025

Sales tax compliance is becoming increasingly complex in 2025, especially for small and midsize businesses that operate online, across states, or offer hybrid products and services. In the wake of post-pandemic policy changes, the digital economy boom, and evolving state-level legislation, understanding and managing your sales tax obligations is no longer optional; it’s essential to

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Why You Shouldn’t DIY Your Business Finances

Running a small business comes with enough challenges; your finances shouldn’t be one of them. While it’s tempting to save money by managing your bookkeeping and taxes, the reality is that DIY business finances often lead to costly mistakes, unnecessary stress, and missed growth opportunities. Whether you’re a startup founder, contractor, consultant, or small business

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Understanding Profit and Loss Statements for Small Business Owners

If you’re a small business owner trying to gain a better understanding of your company’s financial health, your profit and loss (P&L) statement is a powerful starting point. Also known as an income statement, this essential report reveals how much money your business earns or loses over a specific period. At PL Consulting, we help

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How Automation Is Changing Bookkeeping for Entrepreneurs

In today’s fast-paced business environment, entrepreneurs and small business owners are expected to wear multiple hats, those of a leader, marketer, and often, bookkeeper. But thanks to rapid advancements in financial technology, traditional bookkeeping is being reshaped by automation. This shift doesn’t just reduce errors and save time; it empowers entrepreneurs with real-time financial insights

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Bookkeeping vs. Accounting: Key Differences Every Entrepreneur Should Know

Bookkeeping vs. Accounting: Key Differences Every Entrepreneur Should Know As a small business owner, navigating your company’s finances is both a necessity and a challenge. Whether you’re managing a growing e-commerce shop, a boutique agency, or a contracting business, understanding the difference between bookkeeping and accounting can clarify your next financial steps. While often used

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A Monthly Bookkeeping Checklist for Small Business Owners

As a small business owner, managing day-to-day operations is challenging enough; keeping up with your books often gets pushed to the bottom of your to-do list. However, consistent monthly bookkeeping is not just a best practice; it’s a necessity for achieving financial clarity, ensuring smooth tax filing, and fostering long-term business growth. This guide provides

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