Below you'll find a list of all posts that have been tagged as “chiropractic exit strategy”
Each year chiropractors make the decision to finally leave practice. And while their focus is naturally on the future, there are a few details that must be taken care of in the present before that future transition can be realized. If not, these serious mistakes can cause significant financial damage that can follow them for years to come. If you …
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 …
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 …
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 …
If you are looking for chiropractic jobs, do you wish to waste years of your life on one dead-end chiropractic associate position after another? Or if you are on the other side of the fence, do you want to throw away precious time and money on an associate that doesn’t work out? Regardless of whether you are looking for chiropractic …
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 …
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 …
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 …
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 …
Many chiropractors hire associate doctors without proper planning. When you are younger in practice, these lessons are learned through the school of hard knocks and they are generally unpleasant for both parties. But chiropractors who are nearing retirement or are in the “twilight” of their careers where they plan to transition out in the next several years have little time …
