Unanticipated Risks of Waiting To Sell Your Chiropractic Practice – COVID19 Updates & Selling In a Challenging Market

One of the biggest myths that gets in the way of a successful chiropractic practice sale or transition is the thought that “I can sell anytime.” Most chiropractors are aware of their own mortality enough to realize that one big risk of waiting to sell your chiropractic practice (or transition to your associate) is that none of us can cheat …

Disaster Relief Loans for Chiropractors

COVID-19 Disaster Relief Loans & Grants For Chiropractors (Parts 1-3) – How to Choose the Best Programs for Your Chiropractic Practice & Which Ones To Avoid

   The topic of Economic Disaster Relief Loans for Chiropractors (and everyone else) is storming every news channel, podcast and social media outlet right now in the wake of the Coronavirus crisis. Yes, I understand that these Economic Disaster Relief Loans for Chiropractors are much needed in many cases, but I’m not convinced that these programs are the appropriate …

coronavirus chiropractic

Does Coronavirus represent danger or opportunity for chiropractic?

Although there is debate on whether the two characters of the Chinese word for crisis mean “danger” and “opportunity,” the concept is certainly applicable in respect to how chiropractic stands within the Coronavirus situation. Obviously, the threat of Coronavirus in chiropractic brings both danger and challenges to our patients, our business and our community.  But with it, we chiropractors have …

coronavirus buying a chiropractic practice

Coronavirus & Buying a Chiropractic Practice: The Impact of COVID-19 on Purchasing a Business

“How will Coronavirus affect buying a chiropractic practice?” is one of the big questions we are receiving from interested buyers who are considering purchasing a chiropractic practice.  Naturally, chiropractors want to know how the current coronavirus crisis is going to impact a potential chiropractic purchase and sale. Fair warning – even though you are probably sick of getting emails or …

chiropractic practice financing 4 C's

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 knowledge with respect to chiropractic practice financing.  It certainly wasn’t a topic taught to us in chiropractic school.  So most DC’s …