Should You Sell Your Building With Your Chiropractic Practice Sale?

I just wanted to give you a quick answer to a 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 my building with my practice? For many …

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The Art Of Chiropractic Associate Buy-In and Buy-Outs

Looking for a chiropractic associate job or looking to hire a chiropractic associate as a part of your practice’s transition strategy?  Here are a few things you need to consider — regardless of which side of the fence you are on! Young chiropractors are quickly becoming more risk-averse thanks, in part, to the $200,000 debt burden some of the new …

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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 …

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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 …

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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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The Dangers of Overpricing Your Chiropractic Practice For Sale

When it comes time to transition or sell your chiropractic practice, it’s understandable that every owner wants to get top dollar for their business. For many chiropractors, our business is our baby. The patients are like extended family or friends. We’ve put years of blood, sweat and tears into building this entity up and we can see the value in …

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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 …

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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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Chiropractic Practice Sale or Transition Marketing Mistakes to Avoid

Unfortunately, there are many goofs and blunders you can easily make when selling a chiropractic practice or transitioning your business.  Today, we’re going to discuss one that often slips under the radar but if and when it does, it can have disastrous consequences on your chiropractic practice sale or transition. What I’m speaking about is confidentiality during the process of …

adminChiropractic Practice Sale or Transition Marketing Mistakes to Avoid