how much is my chiropractic practice worth

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

It’s a common question and frequent comment we receive here when working with chiropractors on their chiropractic practice sale or transition plans. The question and the conversation typically goes like this: I am thinking about selling my chiropractic practice and was wondering what it is worth.  My chiropractor friend (who practices in a different state) just sold his for $[insert …

adminHow Much Is My Chiropractic Practice Worth? My Friend Sold His For ____
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3 Essential Ingredients to a Successful Chiropractic Practice Sale or Transition

Many chiropractors are reaching a point where they are more frequently having thoughts about how to transition out of the profession. In many cases, this is due to the simple fact that Baby Boomers are not only the largest segment of people on the planet, but in the chiropractic setting, they are the largest demographic of full-time practicing chiropractors in …

admin3 Essential Ingredients to a Successful Chiropractic Practice Sale or Transition
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Should You Sell Your Building With Your Chiropractic Practice Sale?

I just wanted to give you a quick answer to a 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? For many …

adminShould You Sell Your Building With Your Chiropractic Practice Sale?
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The Art Of Chiropractic Associate Buy-In and Buy-Outs

Young chiropractors are quickly becoming more risk-averse thanks, in part, to the $200,000 debt burden some of the new doctors are beginning their career in chiropractic with. In decades past, many (if not, most) chiropractors graduated and then moved towards starting up their own practices as quickly as they could get licensed. These days, DC’s are moving a little more …

adminThe Art Of Chiropractic Associate Buy-In and Buy-Outs
patient retention chiropractic practice sale

Calming Your Buyer’s Fears About Patient Retention After Your Chiropractic Practice Sale or Transition

One of the concerns most often expressed by potential buyers in a chiropractic practice sale or transition scenario is simply that the buyer is afraid that patients will leave after the seller is gone. While fears run high on the part of the buyer (and sometimes the seller too), there is little objective evidence to support some of the numbers …

adminCalming Your Buyer’s Fears About Patient Retention After Your Chiropractic Practice Sale or Transition
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How to Fix First Impressions BEFORE You Sell, Hire An Associate or Transition Your Chiropractic 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 Chiropractic Practice
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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 …

adminHow Real Estate Recovery Affects Your Plans to Buy, Sell, Hire, Exit or Enter a Chiropractic Practice
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Selling to Your Chiropractic Associate? Best Practices for Buy-In and Buy-Outs

The Chiropractic Associate Buy-in or Buy-out is a common practice transition strategy for chiropractors looking to solidify the sale of their chiropractic practice in advance of heading off to retirement.  In that respect, it’s a smart move and certainly can be a win-win situation for both sides. From the owner’s angle, there’s great peace of mind that comes from knowing …

adminSelling to Your Chiropractic Associate? Best Practices for Buy-In and Buy-Outs
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How Your “Short Game” Can Sabotage Your Chiropractic Practice Sale or Transition

Many chiropractors think the biggest frustration in their chiropractic practice sale or transition is finding the perfect prospect. Truth be told, the search for that special someone is not an easy task. Especially in today’s marketplace when those looking to get out literally outnumber those looking to get in. But while looking for a chiropractor to fit your practice may …

adminHow Your “Short Game” Can Sabotage Your Chiropractic Practice Sale or Transition
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Unanticipated Risks of Waiting To Sell Your Chiropractic Practice

Most chiropractors are aware of their own mortality enough to realize that one big risk of waiting to sell your chiropractic practice (or transition to your associate) is that none of us can cheat death.  The other obvious inescapable reality of life (and business) is taxes. While that’s another topic for another day, it’s easy to understand that the more …

adminUnanticipated Risks of Waiting To Sell Your Chiropractic Practice