The Strategic Chiropractor Blog
Articles on Chiropractic business, practice sales & working smarter.Year-End Moves to Help Your Future Chiropractic Practice Sale or Transition
If you are planning a future chiropractic practice sale or transition next year (or within the next three years), there are some strategies that you can employ at the end of the year to better position your business for the eventual sale or transition. The good news...
Chiropractic Practice Financing: The Four C’s Chiropractors Need to Buy a Chiropractic Business
If you are looking to buy a chiropractic business and seeking chiropractic practice financing, there are some important factors that will contribute to your success or failure to find a purchase loan. Understandably, many chiropractors have little experience or...
The Biggest Legal Mistakes Chiropractors Make When Selling Their Chiropractic Practice
Each year chiropractors make the decision to finally leave practice. And while their focus is naturally on the future, there are a few details that must be taken care of in the present before that future transition can be realized. If not, these serious mistakes can...
Retire IN or Retire FROM Chiropractic Practice? The Sell vs Slow Down Debate
Seasoned chiropractors are probably old enough to remember a concept called "Retire IN Practice" that was promoted years back as an alternative to the commonly seen scenario of Retiring FROM Chiropractic Practice. In a nutshell, the concept was to slow down your...
5 Tips on Preparing Your Credit to Buy a Chiropractic Practice
If you’re considering purchasing an existing chiropractic business, here are five quick tips to help in preparing your credit to buy a chiropractic practice. Certainly, a lot of preparation goes into researching your ideal location, finding the “right fit” business...
The Dangers of Overpricing Your Chiropractic Practice For Sale (& How to Avoid Them)
When it comes time to transition or sell your chiropractic practice, it’s understandable that every owner wants to get top dollar for their business. For many chiropractors, our business is our baby. Our patients are like an extended family or friends. We’ve put years...
3 Factors That Will Affect Your Chiropractic Office for Sale (That You Need to Know NOW)
Few chiropractors understand the factors that affect the value of a chiropractic office for sale and so when it comes time to sell or transition their practice, they often ask what can be done to increase the value of their chiropractic office for sale. In this post,...
Why More Chiropractors are Buying A Chiropractic Practice Than Ever Before
More chiropractors are buying a chiropractic practice than ever before - so if you are considering a practice purchase rather than starting as an associate or starting from scratch, you're not alone! The number of chiropractors looking to buy a chiropractic practice...
Unanticipated Risks of Waiting To Sell a Chiropractic Practice
All chiropractors should be aware of the unanticipated risks of waiting to sell a chiropractic practice, but unfortunately few seem to recognize them. In fact, one of the biggest myths that gets in the way of a successful chiropractic practice sale or transition is...
Buying a Chiropractic Practice With an SBA Loan – The Basics Chiropractors Need to Know
Many chiropractic buyers have heard about the current incentives for buying a chiropractic practice with an SBA loan, so we are getting a lot of questions about the basics of how an SBA Loan works. Here’s a quick primer on SBA loans so you can understand how they may...