Considering buying a practice?
Makes sense, right?
Why start from scratch when you can buy a business that’s already established with patient files to harvest, patients already coming in, and profits that you can use to pay back the purchase price and/or monthly payments?
I mean, who wants to start a practice from scratch? It can take you months-to-years to get up to speed.
MAYBE, MAYBE NOT.
My experience, observations, and ChiroTrust members have convinced me that starting from scratch is the way to go.
If done right…
- There is less debt.
- There is less risk.
- There are fewer commitments.
- There’s a much quicker path to balance sheet profitability.
- The positioning, practice, and patients is a better match.
Walls, furnishings, and equipment will not make a practice profitable.
Invest more in yourself than the square footage.
Use ChiroTrust to attract and keep patients.
Whenever possible, automate, outsource, and delegate.
Invest in your capabilities and your confidence, not someone else’s complexity, failed attempt, or disappointment.
Keep it simple.
In Chiropractic, size doesn’t matter.
Profitability and peace of mind does.