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10 Things to Know About Sweat-Equity Buyouts

For new graduates of chiropractic colleges who are saddled with thousands of dollars of student debt, it may feel impossible to build or buy a practice any time soon. Luckily there is a way to buy a practice in a matter of years, while gaining fundamental clinic experience — through the sweat-equity buyout method. Ten

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10 Transition Tips for Chiropractic Clinic Buyers and Sellers

Buying a practice is one of the on ramps [LINK] to business ownership and career success for chiropractors. A huge benefit of buying is that it comes with a built-in transition process between buyer and seller. Here are 10 tips to get the most out of the transition: Buyers Buy from someone with a similar

Read More »

The Do’s & Don’ts of Marketing Your Chiropractic Clinic for a Sale

When it’s time to sell the practice, chiropractors want to close the deal efficiently and get the most value possible. However, many first-time sellers find it’s easy to unknowingly get in their own way. Avoid common missteps with the following tips: Do Clean Up Your Books Buyers will want to review profit and loss statements

Read More »

‘Fire’ Sale: How to Sell a Chiropractic Clinic ASAP

The average chiropractic practice takes about 12 to 18 months to sell, but sometimes sellers need to move more quickly. In the event that a chiropractor passes away and can no longer practice, or if a doctor is simply burned out and ready to call it quits, there are a few steps to take to

Read More »

How Much Is Your Practice Worth? Basics of Practice Valuation

Whether for retirement planning, a sale, a future partnership or even a divorce, chiropractors will need a practice appraisal at some point in their careers. Practice valuation is best conducted by a consultant or broker who is well-versed in the nuances of the chiropractic industry. This ensures the valuation is fair and as accurate as

Read More »

Exit Strategy Planning: How to Prepare Your Chiropractic Practice for a Sale

After years or even decades of hard work, selling a chiropractic practice may feel like a major emotional and financial decision. Plus, if it’s a doctor’s first time on the seller’s side of the negotiating table, the transaction process may appear complicated and stressful. Luckily with the proper planning, chiropractors can gracefully exit and move

Read More »

5 Types of Chiropractic Clinic Buyers & How to Market to Them

The best way to sell your chiropractic practice is to know your potential buyers. From the new graduate to the private equity firm, each buyer is looking for something a little bit different out of the sale. Here’s who’s buying and what you need to know to appeal to these common buyers: New Graduates With

Read More »

Buying a Chiropractic Clinic: 7 Basic Steps

Eager to buy a practice and get out on your own, but don’t know where to begin? Step one is to understand the process so you know what to expect and how to prepare. Buying a chiropractic clinic is a detailed process that requires months to execute. Here is a high-level overview of what that

Read More »

How to Prepare as a Student to Buy a Chiropractic Clinic

It’s never too soon to start planning for the future. If you’re a chiropractic student, you can get ahead of the game by taking a few simple steps that will position you to buy a clinic as soon as you graduate or just a few years after. Here’s where to start: At the most basic

Read More »

How to Analyze the Practice Beyond Cash Flow

Brokers and consultants often price chiropractic practices using a simple net cash flow-based valuation method. While this estimate offers a good starting point for determining practice value, many buyers are still left wondering — is this practice worth the asking price? Understanding the Ballpark Figure Before evaluating whether a practice is a good investment, buyers

Read More »

Location Matters: How to Evaluate Location Before You Buy

Location, location, location. The old real estate adage also applies to chiropractic practices. Where a clinic is located can mean the world of difference for a chiropractor’s take home pay, ability to grow their practice and quality of life. However, the best clinic locations aren’t always intuitive, and many require tradeoffs. For example, people are

Read More »

4 Paths to Owning a Chiropractic Practice

Many chiropractors dream of having the professional freedom to run their own practice, be their own boss and set their own schedule. Experience level, finances, goals and practice preferences, all factor into how chiropractors may choose to pursue practice ownership. Luckily there’s a path for everyone, from the starry-eyed associate to the experienced pro. Here

Read More »

Why 2020 is the Year to Buy and Sell Chiropractic Practices

The COVID-19 pandemic and economic slowdown have ushered in record low interest rates for loans. These conditions have also accelerated doctors’ retirement plans, flooding the market with motivated sellers. For associates ready to start their own practice, experienced chiropractors looking to expand or relocate, or even new graduates unsure of where to turn next, this

Read More »

6 Common Pitfalls for Chiropractic Clinic Buyers and How to Avoid Them

Buying a chiropractic clinic can be overwhelming, especially for first-time buyers and young associates. Chiropractic colleges often do not provide sufficient business training to buy and build a practice, leaving first-time buyers exposed to potential missteps. If you’re ready to become a practice owner, here’s how to avoid the most common mistakes buyers make during

Read More »

10 Things to Know About Sweat-Equity Buyouts

For new graduates of chiropractic colleges who are saddled with thousands of dollars of student debt, it may feel impossible to build or buy a practice any time soon. Luckily there is a way to buy a practice in a matter of years, while gaining fundamental clinic experience — through the sweat-equity buyout method. Ten

Read More »

10 Transition Tips for Chiropractic Clinic Buyers and Sellers

Buying a practice is one of the on ramps [LINK] to business ownership and career success for chiropractors. A huge benefit of buying is that it comes with a built-in transition process between buyer and seller. Here are 10 tips to get the most out of the transition: Buyers Buy from someone with a similar

Read More »

The Do’s & Don’ts of Marketing Your Chiropractic Clinic for a Sale

When it’s time to sell the practice, chiropractors want to close the deal efficiently and get the most value possible. However, many first-time sellers find it’s easy to unknowingly get in their own way. Avoid common missteps with the following tips: Do Clean Up Your Books Buyers will want to review profit and loss statements

Read More »

‘Fire’ Sale: How to Sell a Chiropractic Clinic ASAP

The average chiropractic practice takes about 12 to 18 months to sell, but sometimes sellers need to move more quickly. In the event that a chiropractor passes away and can no longer practice, or if a doctor is simply burned out and ready to call it quits, there are a few steps to take to

Read More »

How Much Is Your Practice Worth? Basics of Practice Valuation

Whether for retirement planning, a sale, a future partnership or even a divorce, chiropractors will need a practice appraisal at some point in their careers. Practice valuation is best conducted by a consultant or broker who is well-versed in the nuances of the chiropractic industry. This ensures the valuation is fair and as accurate as

Read More »

Exit Strategy Planning: How to Prepare Your Chiropractic Practice for a Sale

After years or even decades of hard work, selling a chiropractic practice may feel like a major emotional and financial decision. Plus, if it’s a doctor’s first time on the seller’s side of the negotiating table, the transaction process may appear complicated and stressful. Luckily with the proper planning, chiropractors can gracefully exit and move

Read More »

5 Types of Chiropractic Clinic Buyers & How to Market to Them

The best way to sell your chiropractic practice is to know your potential buyers. From the new graduate to the private equity firm, each buyer is looking for something a little bit different out of the sale. Here’s who’s buying and what you need to know to appeal to these common buyers: New Graduates With

Read More »

Buying a Chiropractic Clinic: 7 Basic Steps

Eager to buy a practice and get out on your own, but don’t know where to begin? Step one is to understand the process so you know what to expect and how to prepare. Buying a chiropractic clinic is a detailed process that requires months to execute. Here is a high-level overview of what that

Read More »

How to Prepare as a Student to Buy a Chiropractic Clinic

It’s never too soon to start planning for the future. If you’re a chiropractic student, you can get ahead of the game by taking a few simple steps that will position you to buy a clinic as soon as you graduate or just a few years after. Here’s where to start: At the most basic

Read More »

How to Analyze the Practice Beyond Cash Flow

Brokers and consultants often price chiropractic practices using a simple net cash flow-based valuation method. While this estimate offers a good starting point for determining practice value, many buyers are still left wondering — is this practice worth the asking price? Understanding the Ballpark Figure Before evaluating whether a practice is a good investment, buyers

Read More »

Location Matters: How to Evaluate Location Before You Buy

Location, location, location. The old real estate adage also applies to chiropractic practices. Where a clinic is located can mean the world of difference for a chiropractor’s take home pay, ability to grow their practice and quality of life. However, the best clinic locations aren’t always intuitive, and many require tradeoffs. For example, people are

Read More »

4 Paths to Owning a Chiropractic Practice

Many chiropractors dream of having the professional freedom to run their own practice, be their own boss and set their own schedule. Experience level, finances, goals and practice preferences, all factor into how chiropractors may choose to pursue practice ownership. Luckily there’s a path for everyone, from the starry-eyed associate to the experienced pro. Here

Read More »

Why 2020 is the Year to Buy and Sell Chiropractic Practices

The COVID-19 pandemic and economic slowdown have ushered in record low interest rates for loans. These conditions have also accelerated doctors’ retirement plans, flooding the market with motivated sellers. For associates ready to start their own practice, experienced chiropractors looking to expand or relocate, or even new graduates unsure of where to turn next, this

Read More »

6 Common Pitfalls for Chiropractic Clinic Buyers and How to Avoid Them

Buying a chiropractic clinic can be overwhelming, especially for first-time buyers and young associates. Chiropractic colleges often do not provide sufficient business training to buy and build a practice, leaving first-time buyers exposed to potential missteps. If you’re ready to become a practice owner, here’s how to avoid the most common mistakes buyers make during

Read More »