Considering Selling Your Chiropractic Practice? Some Facts You Need to Know
Many chiropractors find themselves considering selling their practice at some point in their careers, whether it's for retirement, relocation, or pursuing new opportunities. Selling your practice is a major decision, one that requires careful thought and strategic preparation.
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3 Things to Consider When Planning a Practice Purchase
Buying a practice, whether for the first time or as part of a multi-practice expansion, is a significant decision that requires careful thought and preparation.
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Advantages and disadvantages of owning a rural dental practice
When aspiring dentists think about owning their practice, most envision a bustling clinic in a busy urban setting. However, rural dental practices offer a path to success that is often overlooked.
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Avoiding Job Burnout as a Chiropractor
Burnout is a real and pressing concern for chiropractors, just as it is for other healthcare professionals. While chiropractic care is rewarding, the demands of running a practice and maintaining a high level of patient care can quickly take a toll on both your personal and professional life.
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Current Factors That Impact Dental Practice Sales
The dental practice sales market has evolved significantly and has been influenced by a range of economic and operational factors. For both buyers and sellers, understanding these shifts is crucial for ensuring a successful and smooth transaction.
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Chiropractic Practice Success
In the world of healthcare, chiropractic practices face unique challenges that demand careful planning and strategic decisions, especially when it comes to selling or valuing a practice.
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Practical tips for dental practice success
Running a dental practice in today's landscape demands more than technical expertise.
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Navigating the Sale of Your Dental Practice: Key Questions Answered
Selling a dental practice is a major milestone in a dentists career, and it often comes with many questions about the process.
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Forgetting your personal health while managing your practice?
One of the most common questions dental professionals face throughout their career is knowing when its the right time to consider selling their practice.
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Five Proven Strategies to Grow Your Dental Practice Effectively
In today's demanding world of dental practice management, growing your practice requires a solid strategy that addresses both patient care and business operations.
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How to Set Smart Goals for Your Chiropractic Business Success
Running a chiropractic business successfully requires more than just clinical expertise it demands a strategic approach to business management.
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Strategies for Attracting and Retaining Dental Patients
In today competitive dental market, the ability to attract and retain patients is crucial for maintaining a successful practice. The landscape has evolved significantly
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Deciding Whether to Relocate Your Dental Practice: Key Considerations
As dental practitioners approach the later stages of their careers, the decision of whether to move their practice can become increasingly relevant,
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The Power of a Strong Team in Your Dental Practice
When assessing the value of a dental practice, many factors come into play, with gross revenue often receiving the most attention.
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Key Considerations When Contemplating the Sale of Your Dental Practice
For many dentists, their practice represents a significant financial cornerstone one that not only supports their current lifestyle but also plays a vital role in retirement planning.
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Thinking of Selling Your Dental Practice?
Selling your dental practice is a significant milestone, both financially and emotionally. This decision can profoundly impact your life, and the process can be a rollercoaster of emotions.
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Key Advice for New Dental Graduates
Congratulations on completing dental school! You have conquered rigorous academics, practical exams, and clinic hours. As you step into the professional world,
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Crucial Steps to Take After You Acquire Your New Practice
Congratulations – you’ve just purchased your new dental practice and eager to start working and making money. But before you move forward, it’s important to ensure that you plan out your transition properly so that your journey is nothing but smooth sailing.
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How Your Lease Agreement Affects the Value of Your Practice
Part 2
In Part 1, we listed the first 6 of 12 important clauses that will affect your practice lease, as well as the current or future value of your practice.
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How Your Lease Agreement Affects the Value of Your Practice
Part 1
Your practice’s lease is probably the most important contract you will ever sign during your career – so it’s important to get your clauses in order!
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Factors that Affect the Value of Your Practice
1: Hygiene
Quite regularly, we get asked this one question: “The annual billing of my practice is ‘this’, what do you think the value of my practice is?” Most of the time, I can’t help but smile and return the question with another question; “What do you think is the value of your practice?”
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Do I Really Need a Broker to Sell My Practice?
Let's say you're contemplating selling your dental practice in the near future - or maybe it's a more urgent course of action you need to take. If you've given it any thought, you might have considered selling your practice yourself. After all, that will save you a generous amount of money, right?
Think again.
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Liberal’s small business tax change plan: how will you be affected?
The Canadian government is planning on closing loopholes that have apparently allowed high-earning business owners (including dentists) to avoid paying higher tax rates.
Finance Minister Bill Morneau claims that the proposed tax changes are about making the system fair, as opposed to generating revenue for the government.
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