non-chiropractor-own-a-chiropractic-practice

Can a Non-Chiropractor Own a Chiropractic Practice in the State of…?

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 …

Chiropractic Practice for Sale with Owner Financing

Chiropractic Practice for Sale With Owner Financing – What Buyers & Sellers Need to Know

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 …

buying a chiropractic practice

Buy, Build or Break Up WEBINAR: Your Best Moves For Buying a Chiropractic Practice or Getting a New Associate Job

Many chiropractors are uncomfortable or inexperienced with the logistics of buying a chiropractic practice or starting one from scratch.  As a result, some docs stay in lousy associate positions for longer than they need to. Fortunately, buying a chiropractic practice or making the decision to move in another direction doesn’t have to be a mystery! In this webinar, Dr. Tom Necela …

chiropractic practice financing interest rate

How the Federal Reserve Rate Cut Can Help You Buy, Grow or Sell Your Business Smarter (& Its Impact on Chiropractic Practice Financing Interest Rates)

If you are looking to buy or sell a chiropractic practice in the near future — or if you are looking to grow your practice now —  the recent Federal Reserve rate cut should definitely interest you because it likely will impact the chiropractic practice financing interest rates for the business you are interested in buying or selling. Grammatically, I …

chiropractic practice financing 4 C's

Chiropractic Practice Financing: The Four C’s Chiropractors Need to Buy a Chiropractic Business

If you are looking to buy a chiropractic business and seeking chiropractic practice financing, there are some important factors that will contribute to your success or failure to find a purchase loan.  Understandably, many chiropractors have little experience or knowledge with respect to chiropractic practice financing.  It certainly wasn’t a topic taught to us in chiropractic school.  So most DC’s …

associate chiropractor wanted

Associate Chiropractor Wanted for Buyout: Assumptions Owners & Employees Need to Avoid

I frequently get questions from docs who are looking to place an associate chiropractor wanted for buyout ad – and aren’t quite sure about some of the buyout details. Interestingly enough, we get an almost equal number of questions from the other side of the fence – from DC’s who have responded to an associate chiropractor wanted ad – and …

5 Factors to Consider BEFORE Buying a Chiropractic Practice

Many chiropractors wonder if they are entrepreneurial enough or whether they have “what it takes” to run their own business. There are many factors that are affiliated with chiropractic business success such as motivation, business savvy and clinical skills – among others. Specifically, financial lending institutions will consider many “tangible” factors beyond those mentioned above.  Here’s a quick list of …

Is Your Chiropractic Non-compete Agreement Enforceable?

Although a chiropractic non-compete agreement is not part of every chiropractic associate contract, most have them. In fact, many chiropractors who are seeking an associate employment position are unable to avoid signing a non-compete agreement. 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 …

How Real Estate Recovery Affects Your Plans to Buy, Sell, Hire, Exit or Enter a Chiropractic Practice

The present real estate market is having a profound effect on our profession — especially if your planning to buy OR sell a chiropractic practice- or even transition in any fashion here in the near future. Here’s a quick update on how & why: First, let’s define who this article is for. This post applies to you if (in the next …

buy chiropractic practice

Can You Afford To Buy a $500,000 Chiropractic Practice?

Many chiropractors looking to make the next move in their career wonder if they can afford to buy a chiropractic practice.  Whether the price point of the practice is $500,000, $50,000 or anywhere above or below that mark, most docs don’t have a clue about what they can actually afford. Of course, you’ve heard the old adage, “You’ve got to …