The Strategic Chiropractor Blog
Articles on Chiropractic business, practice sales & working smarter.
How New SBA Loan Incentives Will Benefit Chiropractic Practice Buyers in 2021
Chiropractors looking to purchase a practice will want to take note of how new SBA Loan Incentives will benefit chiropractic practice buyers in 2021 and beyond. Here's why: The recently passed federal stimulus package signed into law at the end of December 2020...
PPP Round 2 for Chiropractors – How The New COVID-19 Relief Package Can Positively Impact Your Chiropractic Practice
The updated Payroll Protection Program was just signed into law and PPP Round 2 for Chiropractors should take note because the new COVID-19 relief package can positively impact your chiropractic practice! {See UPDATE below} PPP Round 2 For Chiropractors has started!...
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...
The Polarizing Impact of COVID19 & Chiropractic Practice Sales
There’s a distinct polarizing impact of COVID19 & chiropractic practice sales that we are witnessing right now similar to what we are seeing in our nation politically. Chiropractors are feeling pressured by the current circumstances caused by COVID shutdowns,...
The Basics of PPP Loan Forgiveness for Chiropractic Practices – What, Who, When, Where, Why & How
PPP Loan Forgiveness for chiropractic practices is a hot topic in our profession since it is now more than six months since the Paycheck Protection Program was created to help small businesses survive during the COVID19 challenges. With many PPP and EID Loans...
Planning to Sell a Chiropractic Practice but have a PPP, EID Loan or Debt? Here’s How Existing Debt or Liabilities May Impact Your Transition or Chiropractic Office Sale
In 2020, we’ve received more questions from chiropractors who are planning to sell a Chiropractic Practice but have a PPP, EID Loan or Debt than ever before. This makes sense given the fact that there are a huge number of chiropractors who have taken these...
What’s the Chiropractic Marketplace for Selling a Practice Amidst the COVID Crisis and an Election Year?
What’s the Chiropractic Marketplace for Selling a Practice? It’s a common question we’ve received over the years from would-be Sellers. But now it has a new twist and extension added to it. The MOST common question we’re hearing these days is this variation: What’s...
Why It’s Still a Great Time to Buy a Chiropractic Practice (Even if the SBA Incentive Deadline is Over)
Many chiropractors are wondering if this is still a good time to buy -- here's why it's still a GREAT time to buy a chiropractic practice! Even though the SBA incentive deadline that was associated with the CARES Act is now over, there are still some very strong...
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...
COVID Impact on Chiropractic Practice Sales – FAQs
As you might imagine, we’re getting lots of inquiries from chiropractors who are asking about the COVID impact on chiropractic practice sales. While selling your chiropractic is ALWAYS a big step, we understand that the current circumstances can add even more...
