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 …

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3 Essential Ingredients to a Successful Chiropractic Practice Sale or Transition

After years of working with chiropractors who have sold or transitioned their chiropractic practice, I’ve noted that there are three essential ingredients needed in the decision-making process that will help you reach the ultimate goal of successfully selling or transitioning your chiropractic practice. Persistent Rumors That Prevent You From Fulfilling Your Exit Strategy Dreams Before you begin the journey, let’s …

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how much is my chiropractic practice worth

How Much Is My Chiropractic Practice Worth? My Friend Sold His For ____

Chiropractors who are looking to sell or transition their practice often start by asking “How much is it worth?” It’s a great question – but the better answer often depends on WHO this question is posed to. The question and the conversation typically goes like this: I am thinking about selling my chiropractic practice and was wondering what it is …

adminHow Much Is My Chiropractic Practice Worth? My Friend Sold His For ____

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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Should You Sell Your Building With Your Chiropractic Practice Sale?

There’s one common 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? There is no definitive answer that applies across …

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chiropractic practice sale marketing

Chiropractic Practice Sale Marketing Mistakes to Avoid (Part 2)

In Part 1 of the Chiropractic Practice Sale Marketing Mistakes to avoid segment, we discussed some common mistakes chiropractors make when attempting to attract a buyer or prospect. Admittedly, it’s not an easy task to find a perfect fit for your practice style, location, timing, price and all the other criteria that will make a great match for your sale …

adminChiropractic Practice Sale Marketing Mistakes to Avoid (Part 2)
chiropractic practice sale mistake

Chiropractic Practice Sale Marketing Mistakes to Avoid (Part 1)

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 the first of a series of chiropractic practice sale marketing mistakes that can have disastrous consequences on your chiropractic practice sale or transition. The first mistake most chiropractors make in marketing is to Under-Promote (if …

adminChiropractic Practice Sale Marketing Mistakes to Avoid (Part 1)
time to sell a chiropractic practice

Is This a Good Time to Sell a Chiropractic Business?

One question many chiropractors face when nearing their desired retirement or transition goals is simply this: “is it a good time to sell a chiropractic business?” As most DC’s are familiar with stock market surges, a buyer or seller’s market in real estate and similar “timing” issues where one looks to capitalize on the trend of the day, it makes …

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selling a chiropractic practice

How Goodwill Affects the Purchase Price When Buying or Selling a Chiropractic Practice

When it comes to buying or selling a chiropractic practice, it’s important to consider its price which is determined by both the marketplace and its value on paper. When looking at the value of a chiropractic practice specifically, the single largest contributor to value is typically an intangible asset called “goodwill.” Basically, what this means for the buyer is that …

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future chiropractic practice sale

Year-End Moves to Help Your Future Chiropractic Practice Sale or Transition

If you are planning a future chiropractic practice sale or transition next year (or within the next three years), there are some strategies that you can employ at the end of the year to better position your business for the eventual sale or transition. The good news is that they are relatively simple moves that can be done quickly.  The …

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