Articles
How Do We Pick the Right Funds to Recommend for our Wealth Management Clients?
Let’s take a closer look at a fee-only financial advisor and whether or not you should use one.
How to Figure Out How Much Salary You Should Pay Yourself
If you’re a business owner or even thinking about becoming a business owner, one of the most important questions you have to ask yourself is, “How much salary should I pay myself?” How much you should pay yourself when you’re self-employed is a complex question. It’s...
What Happens to Your Kids if You Die?
Let’s be honest, no one *likes* to think about mortality. And for this reason alone, many people put off preparing for this event. It’s much more exciting to plan for the next family vacation and all of the things you have every intention of being very much alive for....
Why I Closed the Profit Boss® Facebook Group
Two and a half years ago I created the Profit Boss® Radio podcast, and with it, a private wealth mastermind in the form of the Profit Boss® Facebook Group. My goal in creating this wealth mastermind was to bring people together and create a community for women and...
Self-Employed? How to Choose the Right Retirement Plan for You
If you’re self-employed or own your own business, I’m betting your tax preparer already asked you about contributing to a retirement plan as a way to lower your taxable income. And, I’m also betting they recommended a SEP IRA (SEP stands for Simplified Employee...
Simple Lessons to Teach Your Kids About Money
What are you doing to ensure your children will have everything it takes to be financially successful? There are some simple lessons that all parents can start teaching their kids early on that go way beyond the basics of saving money and earning an allowance. Steve...
Top 4 Ways to Remove Tax-Time Stress for Business Owners
The tax deadline is next Tuesday, April 17th for most Americans. As much as we love our country, tax time with Uncle Sam is another story. It can be stressful, time-consuming, and feel like a hassle just to get your returns filed, mailed, and paid on time. What if...
Hendershott Wealth Management is now a NAPFA Registered Financial Advisor
We at Hendershott Wealth Management are always proud to announce when we make a change in our business that will benefit our clients. To that end, we are very excited to report that our firm is now a member of The National Association of Personal Financial Advisors...
Set Your Goals Like a Profit Boss®
It’s the end of the year and you’re ready to set your goals and start fresh. After everything that’s gone on this year, it feels good to get a clean slate doesn’t it? While it’s important to set goals for the new year, let’s be real. Many of us set goals and...
5 Financial Facts Women Should Know
Are you knowledgeable enough to manage your money so it lasts a lifetime? If you didn’t answer with a resounding “YES,” it’s time to focus on your financial education. This is especially important if you’re a woman. Too many women aren’t proactive about knowing the...