37926876 - real estate growth cart

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 …

adminHow Real Estate Recovery Affects Your Plans to Buy, Sell, Hire, Exit or Enter a Chiropractic Practice
20590326_m

Planning to Sell a Chiropractic Practice This Year (or Soon)? Myths & Realities of Transitioning

Are you planning to sell, transition 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 Transitions I often hear misinformed statements …

adminPlanning to Sell a Chiropractic Practice This Year (or Soon)? Myths & Realities of Transitioning
27182068 - closeup portrait senior mature man in black glasses opening shirt to vent, it's hot, unpleasant, awkward situation, embarrassment. isolated white background. negative human emotions, facial expression

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 …

adminThe Biggest Legal Mistakes Chiropractors Make When Selling Their Chiropractic Practice
63792329 - angry disgruntled elderly man face expression close-up.

3 Questions to Help You Avoid the E____ Sale Disaster For Your Chiropractic Practice!

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 …

admin3 Questions to Help You Avoid the E____ Sale Disaster For Your Chiropractic Practice!
42813933 - closeup portrait headshot furious frustrated elderly man having bad hard day screaming looking up isolated on gray wall background. negative face expression emotion

Associate Mistakes That Can Hurt Your Chiropractic Practice Sale

Many chiropractors hire associate doctors without proper planning. Whether the associate will remain an employee, or be part of your transition plan to ultimately buy into your practice or buy you out, it is important to avoid several mistakes that can hinder your ability to sell your practice. I recently worked with a chiropractor who had an associate for over 10 …

adminAssociate Mistakes That Can Hurt Your Chiropractic Practice Sale
55061852 - washington, dc - april 10, 2016: illustration of presidential campaign buttons of hillary clinton and donald trump running for the president's office.

Leaving Chiropractic if Trump or Clinton Gets Elected? Transition Your Practice Now!

Depending on which side of the political fence you sit, the possibility of Hilary at the helm or Trump at the top may scare or frustrate you. But for some chiropractors who are nearing the end of their career, the potential of one of these candidates in office may just be enough to solidify their decision to sail on off …

adminLeaving Chiropractic if Trump or Clinton Gets Elected? Transition Your Practice Now!
chase away prospect disgusted

How to Fix First Impressions BEFORE You Sell, Hire An Associate or Transition Your Practice

Do you literally want to chase away prospects from your practice transition? 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 …

adminHow to Fix First Impressions BEFORE You Sell, Hire An Associate or Transition Your Practice
senior rockers

What If You Have No Plans to Leave Chiropractic? (And what if You Do?)

Occasionally, I run into chiropractors who boldly inform me that they have no plans to leave chiropractic. They want to “die with their boots on” and can’t imagine life without chiropractic. While I commend their enthusiasm, I usually question their motives as well. After all, in sports and entertainment, it’s easy to spot the diehard who stayed past his prime …

adminWhat If You Have No Plans to Leave Chiropractic? (And what if You Do?)
scale weigh.725x484

How Much is My Chiropractic Practice Worth?

There is one question that every chiropractor asks at least once during their chiropractic career. For some, the question gets posed at multiple times throughout the course of the life of their business. And for others, it’s a question that needs to be answered soon. The question is simply: how much is my chiropractic practice worth? Despite the commonness of …

adminHow Much is My Chiropractic Practice Worth?
24880989 - a professional golfer hitting his ball out of a bunker with the sand and ball in mid-air.

Chiropractic Associates: Exit Strategy Solution or Sandtrap?

If you have an Associate doctor working for you and plan to retire, sell or slow down in the next 10 years, you need to seriously consider the potential solution or sand trap you have in your backyard. Even if you’re a little further out than 10 years, there’s good reason to avoid going down a road that will eventually …

adminChiropractic Associates: Exit Strategy Solution or Sandtrap?