Risks of Financing Your Chiropractic Practice Sale

It’s not an uncommon scenario for chiropractors looking to sell their practice to be asked to carry part of the note or offer partial seller financing. Your buyer may be buried in student loans, without enough credit, collateral or other circumstances that equate to getting a bank to loan them enough money to buy your business. Other times you as …

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What If You Have No Plans to Leave Chiropractic? (And what if You Do?)

Occasionally, I run into chiropractors who boldly inform me that they have no plans to leave chiropractic. They want to “die with their boots on” and can’t imagine life without chiropractic. While I commend their enthusiasm, I usually question their motives as well. After all, in sports and entertainment, it’s easy to spot the diehard who stayed past his prime …

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Purchasing a Chiropractic Practice? One Thing NOT to Forget!

  Purchasing a practice is an exciting time in every chiropractor’s career.  The dream of owning your own business has massive attractiveness, especially when coupled with an instant patient base and cash flow.  Undoubtedly, this is what makes buying an existing chiropractic practice such a compelling option. But, as with any transition, things can go wrong.  And generally when they …

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Obamacare & Chiropractic: What You Can Do NOW To Protect Your Business!

The emails are coming in more furiously from chiropractors around the country who appear to be worried sick over Obamacare.  While a significant portion of the battle is political and will not be a discussion in this article, as a chiropractic business owner, there are definitely things you can do now to insulate yourself against what may be coming our …

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Why the Solo Days May Be Numbered for Chiropractors (Part 7 of 13 Things Series)

Here’s an idea that more chiropractors need to embrace in 2013 and beyond: the days of the solo doc may be numbered. Why chiropractors fail to embrace the concept of a group practice, shared space, partnership or associateships is beyond me.  For the most part, we are among the only sizable solo entrepreneurs left in health care.  Sure you can …

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