Trusted Advising: Price to Profit - Mastering Pricing Models to Maximize Margins! Running a business can be quite the rollercoaster, and one of the most exciting yet challenging parts is figuring out how to slap a price tag on your product or service. That magical number can make or break your venture, affecting [...]
Unleashing Your Business Potential: The Integral Role of a Trusted Advisor! Unleashing Your Business Potential! As a small business owner, witnessing your endeavor scale and flourish is both thrilling and daunting. This leap from a budding startup to a prosperous entity mandates diligent financial planning and strategic decision-making. To navigate this landscape effectively, [...]
Mastering Your Money Mindset: A Path to Financial Success Achieving financial success isn't just about crunching numbers and implementing sound accounting practices. It also requires developing a positive money mindset—a set of attitudes, beliefs, and habits that shape our relationship with money. A strong money mindset can empower small business owners to [...]
This past week, as we celebrated the 4th of July, the skies were set ablaze with the spectacular glow of fireworks, and grills sizzled with a bounty of barbecue delights. But amid the revelry, the team here at TSAT we couldn't help but draw parallels between the spectacle of Independence Day and, you guessed it [...]
Mid-Year Check-In: Are You Keeping Up With Your Small Business Goals? Hello and happy mid-year to all of our fantastic small business owners out there! Can you believe we're already halfway through the year? If it feels like it's been a whirlwind so far, you're not alone. This milestone is the perfect time [...]
Juggling the myriad responsibilities that come with running a small business can be a daunting affair, particularly when it comes to the ever-so-critical area of managing finances. Accounting missteps are not just a headache; they can have some severe repercussions ranging from skewing financial statements to landing you in some hot water legally. In our [...]
Small business owners often face a significant challenge in managing their finances effectively. While most entrepreneurs start their businesses with the expectation of earning a profit, many find it challenging to stay afloat in the long run. However, there is a solution: implementing the Profit First formula. In this blog, we will explain all the [...]
As a small business owners ourselves, we know you face tough decisions every day. From pricing strategies to operational decisions, every choice you make affects your bottom line. That's why effective management accounting is essential for your business's success. By using sound accounting practices, you can make better decisions that drive profitability and growth. What [...]
Payroll management can be a big challenge for small businesses, taking up valuable time and resources. Payroll problems can be a significant headache for small business owners. It is a complex task that requires accuracy and attention to detail. However, with the right tools and strategies, small business owners can push aside payroll [...]
Small business owners have a lot on their plates, and it can be challenging to balance financial management with other critical business functions. Here are some small business statistics 👀 According to a report by Deloitte, 75% of small business owners consider financial management to be the most challenging aspect of their business. This [...]
