The Strategic Chiropractor Blog
Articles on Chiropractic business, practice sales & working smarter.Retire IN or Retire FROM Chiropractic Practice? The Sell vs Slow Down Debate
Seasoned chiropractors are probably old enough to remember a concept called "Retire IN Practice" that was promoted years back as an alternative to the commonly seen scenario of Retiring FROM Chiropractic Practice. In a nutshell, the concept was to slow down your...
5 Tips on Preparing Your Credit to Buy a Chiropractic Practice
If you’re considering purchasing an existing chiropractic business, here are five quick tips to help in preparing your credit to buy a chiropractic practice. Certainly, a lot of preparation goes into researching your ideal location, finding the “right fit” business...
The Dangers of Overpricing Your Chiropractic Practice For Sale (& How to Avoid Them)
When it comes time to transition or sell your chiropractic practice, it’s understandable that every owner wants to get top dollar for their business. For many chiropractors, our business is our baby. Our patients are like an extended family or friends. We’ve put years...
3 Factors That Will Affect Your Chiropractic Office for Sale (That You Need to Know NOW)
Few chiropractors understand the factors that affect the value of a chiropractic office for sale and so when it comes time to sell or transition their practice, they often ask what can be done to increase the value of their chiropractic office for sale. In this post,...
Why More Chiropractors are Buying A Chiropractic Practice Than Ever Before
More chiropractors are buying a chiropractic practice than ever before - so if you are considering a practice purchase rather than starting as an associate or starting from scratch, you're not alone! The number of chiropractors looking to buy a chiropractic practice...
Unanticipated Risks of Waiting To Sell a Chiropractic Practice
All chiropractors should be aware of the unanticipated risks of waiting to sell a chiropractic practice, but unfortunately few seem to recognize them. In fact, one of the biggest myths that gets in the way of a successful chiropractic practice sale or transition is...
Buying a Chiropractic Practice With an SBA Loan – The Basics Chiropractors Need to Know
Many chiropractic buyers have heard about the current incentives for buying a chiropractic practice with an SBA loan, so we are getting a lot of questions about the basics of how an SBA Loan works. Here’s a quick primer on SBA loans so you can understand how they may...
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...
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...
5 Factors to Consider BEFORE Buying a Chiropractic Practice
Before buying a chiropractic practice, here are five factors to consider about yourself and the practice(s) you may be interested in purchasing. Many chiropractors wonder if they are entrepreneurial enough or whether they have “what it takes” to run their own...