The Strategic Chiropractor Blog
Articles on Chiropractic business, practice sales & working smarter.Thinking of the End of Your Chiropractic Practice? Start Here
Towards the beginning and the end of a year, chiropractors frequently spend a little more time thinking about goals. Perhaps you want to increase income in your practice, lose weight, develop deeper relationships or have more fun. Whatever your target, you’ve...
5 Financing Options to Buy a Chiropractic Practice That Every Chiropractor Should Know
In today’s post, we’re going to discuss five different financing options to buy a chiropractic practice because most chiropractors don’t seem to know where to get the money to invest when it comes time in their career to purchase an existing business. So whether...
How Goodwill Affects the Purchase Price When Buying or Selling a Chiropractic Practice
When it comes to buying or selling a chiropractic practice, it’s important to consider its price which is determined by both the marketplace and its value on paper. When looking at the value of a chiropractic practice specifically, the single largest contributor to...
Should You Sell Your Building With Your Chiropractic Practice Sale?
There's one common question that goes through a lot of doctor's minds as they prepare their transition -- regardless of whether you are planning to transition sooner or later, sell, hire an associate, whatever it may be. The question I get often is this: Should I sell...
How Long Does It Take To Sell a Chiropractic Practice? Timing Your Business Sale Right (& Mistakes to Avoid)
"How long does it take to sell a chiropractic practice" is one of the critical questions every chiropractor should ask when considering a chiropractic practice sale - and it's often the single business mistake chiropractors make when going to sell their business. In...
Chiropractic Practice Sale and Transition Options for DC’s Who Love Seeing Patients, But Hate the Hassles!
If you fear that your only chiropractic practice sale and transition options include you leaving the profession to lead a life of boredom that takes you away from serving the patients you love, there's good news in this post! Do you love chiropractic but hate the...
Can You Afford To Buy a Chiropractic Practice For $500,000? $250,000? (Or Whatever Price Range You’re Considering)
Many chiropractors looking to make the next move in their career wonder if they can afford to buy a chiropractic practice for $500,000 -- or $250,000 -- or whatever price range they are considering. Whether the price point of the practice is $500,000, $50,000 or...
Is Your Chiropractic Non-compete Agreement Enforceable? Current Issues For Chiropractors To Consider With Restrictive Covenants
Is your chiropractic noncompete agreement enforceable? This is a dangerous but important question for chiropractors on both sides of the fence. Unfortunately, we hear it all too frequently "I signed a chiropractic non-compete agreement but now..." You can finish the...
Is This A Good Time to Buy A Chiropractic Practice? Market Timing & Its Impact on Buying a Chiropractic Business
One of the most common questions we get from prospective buyers in ANY season is whether this a good time to buy a chiropractic practice. Prospective chiropractic buyers pose this question in any and every marketplace during every economy because every buyer (and...
Buy a Chiropractic Practice or Start From Scratch? Options to Consider & Mistakes to Avoid
For most chiropractors, there comes a point in their chiropractic career that they ask the question: should I buy a chiropractic practice or should I build one from the ground up? Bad Ways to Buy OR Build While there is no “right” answer to the above question, there...