The Strategic Chiropractor Blog
Articles on Chiropractic business, practice sales & working smarter.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...
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...
Buying or Selling a Chiropractic Practice During COVID19 (Or Similar Times of Economic Uncertainty) – 3 Key Ingredients
If you are wondering if buying or selling a chiropractic practice during COVID19 (or similar times of economic uncertainty) is a good move or even possible, you are certainly not alone. In fact, in most chiropractic practice sale situations, there are three people in...
Selling a Chiropractic Practice Amidst the Coronavirus Crisis: The Impact of COVID-19 on Your Potential Business Sale
If you are considering selling a chiropractic practice, coronavirus is probably one of the big concerns that you have as a chiropractor. Perhaps you are even wondering if it is possible to sell during such a time – or if anyone is buying? Here is some good news! Yes,...
Feds Pledge Additional Funds for PPP & EIDL Disaster Programs for Chiropractors & Other Business Owners
If you are still waiting on or seeking funds in the PPP or EIDL Disaster programs for Chiropractors (and other small business owners too), the last week or so has seen a lot of activity -- and there's hope on the horizon! First, as we reported earlier, some COVID-19...
Some COVID-19 Programs Out of Money – Options & the ERC Tax Credit for Chiropractors
If your chiropractic practice has been impacted by COVID-19 (and whose hasn't?!), you may want to check out the ERC Tax Credit for Chiropractors. Here's why: As of April 16, 2020, the SBA announced that there is no money left for chiropractors in the Paycheck...
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...
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...
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...