Reading Time: < 1 minute When business owners think of selling their business, often they look to do an M&A deal with an outside buyer. ESOP’s, or Employee Stock Ownership Plans, tend to be overlooked by the CPAs and attorneys advising them. If your client has these characteristics, an ESOP plan may be useful to consider. #1 Tight relationship with […]
How to know when your client is good for an ESOP Read More »
Reading Time: 2 minutes June 2021 Market Update: The Federal Reserve has reiterated that it will keep rates low, but markets are showing some skepticism as rates rise for some bond sectors. Job growth was slower than expected showing that there are still challenges facing the economy. Sustainability and supply chain resilience are becoming more important
June 2021 Market Update Read More »
Reading Time: 5 minutes Welcome back to the Psyched Up About Money blog. In this interview with Margarita Khosh of MK Medical Solutions, we discuss the important points about how to expand your therapy practice to another state and understand the licensing requirements involved with that.
How to expand your therapy practice to another state! Interview with Margarita Khosh Read More »
Reading Time: 2 minutes May 2021 Market Update: May has rolled in as the vaccine rolls out, and with it there are several investment themes that have become evident. In our newsletter this month we’ll discuss: Sustainability as a key long term return driver. The White House’s $2.25 trillion jobs and infrastructure plan. Short and long term rate trends we’re likely to see.
May 2021 Market Update Read More »
Reading Time: 11 minutes In this blog, we’re going to talk about financial tips for therapists starting a private practice. We are thrilled to welcome our guest Gordon Brewer, a therapist, private practice consultant, and the host of the Practice of Therapy podcast.
Financial tips for therapists starting a private practice! Interview with Gordon Brewer Read More »
Reading Time: 2 minutes April 2021 Market Update: The restart is about turning things back on, not about the rebuilding of consumer confidence that is needed in a typical recovery. We may see some near-term inflation as demand recovers and supply lags. The restart may be faster than expected due to $1.9 trillion stimulus package, pent-up demand, and vaccination trends. We are bullish on US economic growth in 2021.
April 2021 Market Update Read More »
Reading Time: 4 minutes How does a therapist decide on a fee structure? In this episode, I am honored to have Miranda Palmer, LMFT with me. She helps therapists get great clinical outcomes and build happy, full practices. The subject of today’s talk is getting clear about the finances and what fees you are charging.
How do you pay yourself in private practice? Interview with Miranda Palmer Read More »
Reading Time: 3 minutes Need advice about how to grow your business? Ask a psychotherapist! There are all sorts of advice-givers on the subject of how to run a business. Businesses consist of people who, at the core, have complex emotions that need to be managed; in a way, running a business is a little bit like being a psychotherapist at times.
Need advice about how to grow your business? Ask a psychotherapist! Read More »
Reading Time: < 1 minute It’s January and I thought I’d send you a lighthearted message to inspire some good will for the year. So here’s my funniest business story.
Funniest Business Story Read More »
Reading Time: < 1 minute After I made my charitable contribution, why did I get a 1099 form? What do I do with it?
What do I do with this 1099 for my IRA charitable contribution? Read More »
