You know how hard it can be to grow and run a successful practice. Knowing those challenges makes the multi-location practices that bring in millions of dollars every year even more impressive.
The good news is: If you want to have one of those practices budding chiropractors look up to, you don’t have to spend decades doing everything yourself.
Some of the most successful chiropractors take a shortcut: They buy other docs’ practices.
In this episode, Kevin Misenheimer stops by to show you how chiropractic practices are bought and sold.
Whether you want to grow your own practice by acquiring someone else’s or sell your own practice, you’ll get a ton out of this episode and become a business-savvy practitioner.
Show highlights include:
- Why starting a practice from scratch is harder than ever before—and how to only pay 10% of your startup cost right now. (7:56)
- The best states and cities for thriving as a chiropractor right now (ignoring this could make you work 10x harder for less returns). (12:43)
- The best investment any chiropractor can make (and this has nothing to do with staff, equipment or education). (20:08)
- If you see these signs in a practice, walk away from the deal immediately. (24:13)
Check out the MPI virtual summit here: bit.ly/mpivirtualsummit