Building a practice from the ground up

Summary: Starting a chiropractic clinic from scratch is scary. Almost half of new healthcare businesses close within five years! It can take years just to pay the bills. But you don't have to start from zero. You have three smart options to build your dream practice.

First, you can rent space in an existing clinic. You get to be your own boss, but remember, the owner is usually your landlord, not your mentor. You still have to find your own patients.

Second, you can buy a retiring doctor's patient list. This costs between $10,000 and $25,000. It's a great deal, but you have to work hard to keep those patients coming back to you.

Third, you can buy a whole clinic. This is the fastest way to make money because the clinic already has patients, staff, and equipment. Banks like this option too! Just make sure you get expert help so you don't pay too much.

Don't just rush in and make mistakes. Get help from experts and pick the path that fits your budget and goals.

For more details, see chiroeco at chiroeco.com/building-a-practice-from-the-ground-up/ (opens in new tab)