Below you'll find a list of all posts that have been categorized as “Chiropractic Transition Planning”
Are you planning to sell a chiropractic practice, transition to your associate or retire from chiropractic this year? Or next? Or even in the next 2-3 years? Today we’ll discuss some of the latest facts, trends and rumors about chiropractic practice sales, transitions and exit strategies that will affect your business this year and beyond. Myths About Chiropractic Practice Sales and …
The “emotional” chiropractic practice sale is not an uncommon one. Chiropractors who have been in practice for decades get progressively tired of managing their business, hiring new employees, keeping up with insurance changes and sometimes even, taking care of patients. Some of these DC’s eventually get to a breaking point where they just want to throw in the towel and …
If you are a chiropractor who is thinking of selling a chiropractic practice in 2020, we’ve got good news! There are quite a few factors that contribute to the fact that this year is shaping up to be an excellent time for your chiropractic business sale. Here’s why Bank Lending Boom Continues The Small Business Administration (SBA) changes made back …
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 is that they are relatively simple moves that can be done quickly. The …
Renting Space can be a chiropractic practice sale mistake that some chiropractors will make during the course of their transition, but the Space for Rent scenario is a particularly deadly error you want to avoid — unless you want to permanently ruin your chances for an eventual office sale. Since chiropractors who are looking to sell or transition their chiropractic office …
To chiropractors on both sides of the fence, a chiropractic non-compete agreement is often a hotly contested issue. For a business owner that is seeking to employ an associate chiropractor, there are obvious practical advantages of having a non-compete agreement, plus the experience learned in the school of hard knocks that basically teaches that non-competes are pretty much indispensable. After …
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 …
Chiropractors looking to exit the profession or transition into a different situation frequently contact us or attend one of our webinars to discover how to sell a chiropractic practice. It is certainly tempting to try to sell your practice yourself, especially if you look at a chiropractic practice broker’s commission or transition consultant’s fee as an expense that will decrease …
Investors and other buyers looking to purchase a chiropractic business often email us to ask “Can a non-chiropractor own a chiropractic practice?” The quick answer is that in approximately half of the states, it is legal for a non-chiropractor to own a chiropractic practice. And of course, that means that the other half of the states do not permit non-DC …
If you are looking to purchase a chiropractic practice, undoubtedly you have seen classifieds advertising Chiropractic Practice For Sale with Owner Financing. Like many prospective buyers of a chiropractic office, this naturally catches your attention. From a marketing or seller’s perspective, a “chiropractic practice for sale with owner financing” ad is designed to pique your interest in the business for …
