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 …

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The Biggest Legal Mistakes Chiropractors Make When Selling Their Chiropractic Practice

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 …

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chiropractic office sale mistake

Three Delays That Will Damage Your Chiropractic Office Sale

When considering a chiropractic office sale or even a transition in your practice, it’s easy to procrastinate the planning of such a significant event in your life and chiropractic career. While it is important to thoroughly analyze the road you are about to embark upon, there are some serious dangers with procrastination or even attempting to hatch the “perfect” plan …

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Would You Leave Chiropractic If You Were Financially Independent?

Would you leave chiropractic if you were financially independent? It’s a tough question that I can’t answer for you but I can tell you that your answer is critical to your success and future in chiropractic. Here’s the reason I ask: Recently, I had a conversation with a chiropractor who told me that he now owns two practices and is …

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chiropractic success

Ingredients for Chiropractic Success: Sling, Stones, Secret Sauce

There are a few ingredients to chiropractic success that we can learn from our profession’s recent victory over United Healthcare and their prohibitive policy on headaches. And these things may also serve as a quick reminder to us that chiropractors can and do win victories over giants as a profession — and that you can succeed in overcoming your personal …

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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 …

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chiropractic practice sale mistake

Space for Rent – A Big Chiropractic Practice Sale Mistake That Can Unintentionally Sabotage Your Chiropractic Office Sale

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 …

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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 …

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How to sell a chiropractic practice building

How to sell a chiropractic practice in 7 Steps (& How to Save Time, Stress & Money in the Process!)

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 …

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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 …

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