It’s no secret the chiropractic industry attracts maverick personalities. That means when it’s time to sell the practice, many chiropractors are tempted to do it themselves. This can save the chiropractor some money on a broker’s fee. However, without clinic sales experience, the juice may not be worth the squeeze. Going the “for sale by
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
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
It’s no secret the chiropractic industry attracts maverick personalities. That means when it’s time to sell the practice, many chiropractors are tempted to do it themselves. This can save the chiropractor some money on a broker’s fee. However, without clinic sales experience, the juice may not be worth the squeeze. Going the “for sale by
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
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