Cocktails & Capital

Every great business owner knows the importance of setting goals for themselves. It helps us measure progress and make sure we are on the right trajectory. Profit margin is one of those KPIs that we should keep our eye on.

In this episode, I talk about all things profit margin; why is it important, what it tells you about your business, and how you know if you have a good profit margin.

Resources:

Our Blog

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Let’s talk financial habits.

In this episode, I talk all about what good financial habits look like, some common myths, and the four habits every profitable and financially stable business owner should have.

Resources:

The 7 Financial Habits Article

Bad Money Habits To Drop Article

Our Blog

Instagram

In this episode, we’re talking about all things inventory. I go over what even is inventory, what goes into it as far as your financial statements are concerned, how and where you even track it, my favorite apps to use and so much more!

Today, we also had 2 furry special guests so be sure to check out this week’s episode on YouTube.

Resources:

Benefits of Inventory Management Article

13 KPIs to Consider in the Shipping Industry Article

Consequences Of Not Having Inventory Management Article

Best Inventory Management Apps

Zoho Inventory

Square Retail
Sortly

Our Blog

Instagram

I want you to sit and think about all the possibilities for your business if you were to start receiving more income.

Suddenly everything seems possible, right?

Well, one of the ways you can increase your income is by increasing your prices. In this episode, I talk about some signs that it’s time to raise your prices, how much to do it by, and what strategies you can use.

Resources:

Episode 07: 3 Things You Are Wasting Your Money On

Episode 09: 6 Strategies For Increasing Your Revenue

Blog Post: How to Price Your Products/Services

Forbes Article

Entrepreneur Article

Our Blog

Instagram

I can’t believe it’s been almost 3 years since I started Tatum Accounting!

In this episode, I talk about some of the lessons I’ve learned in the first few years of running my business. I also share what I think the holy grail of statements is so make sure you tune in.

Resources:

Society for Human Resource Management

Send us an email

Our Blog

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Are you a product-based business owner? Then this episode is for you!

Today, I talk about ALL of the costs you can expect when selling products online, and more importantly, how you can save some money. I also explain the difference between costs of goods sold and expenses.

So grab your favorite cocktail and let’s get into it!

Resources:

Episode 09

Our Blog

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In today’s episode, we talk about all things revenue. What are some signs you may need to increase your revenue? How do you know whether it is a revenue problem or an expense problem?

I share different tips and strategies you can incorporate into your business to help grow your revenue.

I also answer a couple of follow-up questions you may have so make sure you listen until the end!

Resources:

Episode 05

Episode 07

Revenue Growth Rate

4 Methods to Increase Revenue - The Personal MBA

How to Increase Prices Without Losing Customers, According to a Harvard Lecturer - NetSuite

Our Blog

Instagram

Fall is right around the corner which means that this is the perfect time to start looking at your product line. See if you want to add some new products or take out some products that are not doing as well.

In this podcast episode, I talk about the factors you should be thinking about in your product-based business as we start heading into fall and the holidays.

Resources:

Our Blog

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We’re back with Season 2! After some much-needed time away, I am back and delving right into the real problems businesswomen just like you are facing.

How often do you review your income statement expecting to see substantial profits, only to be surprised by how much you spent? As business owners, we put so much focus on sales and growth, but it’s easy to overlook how much we’re spending in the pursuit of these goals.

In this episode, I tell you about the three areas in your business you are wasting money on and how to cut back expenses while getting the most bang for your buck.

Resources:

Monthly Checklist

5 Bookkeeping Mistakes Messing Up Your Revenue

Our Blog

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You know bookkeeping is important and even read a few articles to make sure you are doing it right but does something still feel...off?

In this podcast episode I reassure you with the steps you MUST consider to ensure a complete bookkeeping process each month.

Resources:

What is bookkeeping & why is it important

Monthly Checklist

How to build a forecasting report for your revenue

Instagram