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
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
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
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
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
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
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
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
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
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