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
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
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
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
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
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
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
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
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
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
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
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
By Michael Dorausch, D.C. The following email was forwarded to me by the Planet Chiropractic office, originating from a chiropractor via email. URGENT: Multiple scammers! I’ve had two scam attempts on my Chiropractic Equipment For Sale ads. Richard Walls ([email protected] and also [email protected]) and now Cynthia Fenwick are their email aliases. This is the email
By Harry Engel, Looking for a place to practice chiropractic, but not have to worry about the headache of running a clinic? This month we have seen an amazing set of offers for Doctors of Chiropractic to move into a position where they get paid to adjust without the worry of running a practice. Check
September 18th is one of my favorite days of the year. We get to celebrate the birth of chiropractic, and I had the joy of being in the office Monday, providing care to some of the worlds greatest people. Speaking of the worlds greatest people, I received a bunch of emails from you on Monday (and Tuesday) regarding chiropractic classifieds you had posted.
Choosing a Prime Chiropractic Location Part 4 in our series of Assessing the Salary of a Chiropractor Where you’re located could make all the difference in the world A chiropractor in California is going to have different issues to consider than a Florida chiropractor will, even though both are coastal states. That may not have
Happy summer 2017! I was just logged in and checking the chiropractic classifieds, I see there’s no shortage of Chiropractic practices for sale. I noticed about half a dozen chiropractic practices being listed for sale within the hour.
Depending on goals with your chiropractic websites, you can do a 301 or 302 redirect. What? That was from a conversation I had yesterday with a chiropractor in Southern California regarding a situation where he owns more than one chiropractic website but is only hosting one of them. He had thoughts on what to do with his second chiropractic website.
Invariably, at some point when talking to my patients, or anybody really, the conversation turns to where I lived before moving to Mesa five years ago. And, invariably, the question comes up of why I moved from Los Angeles to Mesa. The need for brevity usually has me shorten my answer to “I just loved the mountains and weather” but the reasons are more complex and numerous.
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
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
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
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
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
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
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
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
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
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
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
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
By Michael Dorausch, D.C. The following email was forwarded to me by the Planet Chiropractic office, originating from a chiropractor via email. URGENT: Multiple scammers! I’ve had two scam attempts on my Chiropractic Equipment For Sale ads. Richard Walls ([email protected] and also [email protected]) and now Cynthia Fenwick are their email aliases. This is the email
By Harry Engel, Looking for a place to practice chiropractic, but not have to worry about the headache of running a clinic? This month we have seen an amazing set of offers for Doctors of Chiropractic to move into a position where they get paid to adjust without the worry of running a practice. Check
September 18th is one of my favorite days of the year. We get to celebrate the birth of chiropractic, and I had the joy of being in the office Monday, providing care to some of the worlds greatest people. Speaking of the worlds greatest people, I received a bunch of emails from you on Monday (and Tuesday) regarding chiropractic classifieds you had posted.
Choosing a Prime Chiropractic Location Part 4 in our series of Assessing the Salary of a Chiropractor Where you’re located could make all the difference in the world A chiropractor in California is going to have different issues to consider than a Florida chiropractor will, even though both are coastal states. That may not have
Happy summer 2017! I was just logged in and checking the chiropractic classifieds, I see there’s no shortage of Chiropractic practices for sale. I noticed about half a dozen chiropractic practices being listed for sale within the hour.
Depending on goals with your chiropractic websites, you can do a 301 or 302 redirect. What? That was from a conversation I had yesterday with a chiropractor in Southern California regarding a situation where he owns more than one chiropractic website but is only hosting one of them. He had thoughts on what to do with his second chiropractic website.
Invariably, at some point when talking to my patients, or anybody really, the conversation turns to where I lived before moving to Mesa five years ago. And, invariably, the question comes up of why I moved from Los Angeles to Mesa. The need for brevity usually has me shorten my answer to “I just loved the mountains and weather” but the reasons are more complex and numerous.