Courtesy of Chiropractic Economics
Because most DCs are healers who see the business side of their practice as more of an afterthought, they are often woefully underprepared when it comes time to sell their practice. Many DCs are floored by the complexity of these financial transactions. Tragically, this often leads them to eventually close their doors and move on without preserving the legacy of the practice they’ve built or capturing its true value.
To understand if your practice will sell, it’s vital you understand what you’re actually selling.