Reasons 2018 May Be a Great Time to Sell, Buy or Transition Your Chiropractic Practice

If you are looking to transition your chiropractic practice — whether through a practice sale or if you are looking to buy a chiropractic business —  2018 may one of the best years in recent history to get this done! Interestingly enough, if you are looking to buy a chiropractic business or buy-in via an Associateship or Partnership route, some …

adminReasons 2018 May Be a Great Time to Sell, Buy or Transition Your Chiropractic Practice

Thinking of the End of Your Chiropractic Practice? Start Here

Since we’re at the beginning of a new year, you are probably spending time thinking about your goals.  Perhaps you want to increase income in your practice, lose weight, develop deeper relationships or have more fun. Whatever your target, you’ve undoubtedly heard or experienced the importance of establishing goals. When it comes to creating a plan to transition your chiropractic …

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What the SBA Interest Rate Increase Can Mean For Your Chiropractic Practice Sale or Transition

You might have heard that Small Business Administration (SBA) loan interest rates went up effective 12/14/17.  If you are like most chiropractors who are looking to sell or transition your practice in the near future — or even if you are on the other side of the fence considering whether you should buy a chiropractic practice, you might also be …

adminWhat the SBA Interest Rate Increase Can Mean For Your Chiropractic Practice Sale or Transition
patient retention chiropractic practice sale

Calming Your Buyer’s Fears About Patient Retention After Your Chiropractic Practice Sale or Transition

One of the concerns most often expressed by potential buyers in a chiropractic practice sale or transition scenario is simply that the buyer is afraid that patients will leave after the seller is gone. While fears run high on the part of the buyer (and sometimes the seller too), there is little objective evidence to support some of the numbers …

adminCalming Your Buyer’s Fears About Patient Retention After Your Chiropractic Practice Sale or Transition

How to Fix First Impressions BEFORE You Sell, Hire An Associate or Transition Your Chiropractic Practice

Do you literally want to chase prospects away when transition your chiropractic practice? Of course you don’t. So if you are trying to hire an associate, to sell your practice or find the perfect prospect who may someday transition to ownership of your business, there are some subtle (and some not so subtle) things you need to fix FAST before …

adminHow to Fix First Impressions BEFORE You Sell, Hire An Associate or Transition Your Chiropractic Practice

Selling to Your Chiropractic Associate? Best Practices for Buy-In and Buy-Outs

If you are like many veteran chiropractors, you may have considered selling to your chiropractic associate.  After all, the Chiropractic Associate Buy-in or Buy-out is a common practice transition strategy for chiropractors looking to solidify the sale of their chiropractic practice in advance of heading off to retirement.  In that respect, it’s a smart move and certainly can be a …

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How Your “Short Game” Can Sabotage Your Chiropractic Practice Sale or Transition

Many chiropractors think the biggest frustration in their chiropractic practice sale or transition is finding the perfect prospect. Truth be told, the search for that special someone is not an easy task. Especially in today’s marketplace when those looking to get out literally outnumber those looking to get in. But while looking for a chiropractor to fit your practice may …

adminHow Your “Short Game” Can Sabotage Your Chiropractic Practice Sale or Transition

Unanticipated Risks of Waiting To Sell Your Chiropractic Practice

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 death.  The other obvious inescapable reality of life (and business) is taxes. While that’s another topic for another day, it’s easy to understand that the more …

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tax planning chiropractic practice sale

The Trump Tax Plan & Your Chiropractic Practice Sale or Transition

The news channels and tax bloggers are buzzing as details on the Trump tax plan float about and the Unites States taxpayers await the grand finale. Although no exact date was given by the Trump administration for release of the detailed information about the tax plan, there have been hints at its arrival towards the end of February 2017.” From …

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2 Associate Details You Need Done Right (Especially Before You Sell Your Chiropractic Practice)

If you have an Associate Doctor working in your practice (as either an employee or an independent contractor) and you are looking to sell or transition your chiropractic practice, there are two details you need to take care of to avoid a major financial dent in the proceeds you will get from your sale. Let me explain: We are well …

admin2 Associate Details You Need Done Right (Especially Before You Sell Your Chiropractic Practice)