263 - The Secrets to a Successful Practice Sale

The Remarkable CEO for Chiropractors

Το περιεχόμενο παρέχεται από το Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Dr. Peter Camiolo and Dr. Stephen Franson, Dr. Peter Camiolo, and Dr. Stephen Franson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

3M ago 46:43

MP3•Αρχική οθόνη επεισοδίου

In this episode, you'll discover:

Is your practice Exit Ready?
The 5 Stages of a Remarkable Exit
The Remarkable Exit Roadmap
Practice Sales happen at the speed of TRUST
How to get the most for your practice
20 Value-Drivers Cheat Sheet
How to make your practice IRRESISTIBLE to your Ideal Buyer

Episode Highlights

00:49 - Exiting a chiropractic business with a focus on practice sales and brokerage services.

04:33 - Finding the right buyer for your practice, ensuring a win-win situation for all parties involved.

06:23 - Understanding your personal goals and priorities for selling your practice.

09:01 - The challenges of balancing emotional considerations with transactional factors.

12:06 - Limitations in scaling and transferring value in chiropractic practices make selling difficult.

14:54 - The customary way to arrive at the value of a business, including sales multiple and owners' discretionary earnings.

15:52 - The different types of sales and the role of private equity in the industry.

17:54 - The lack of understanding of chiropractic on new investors.

19:22 - The common pitfalls, such as false expectations and blind spots, and the need for diligence and homework when selling a business.

21:26 - The importance of preparation and documentation for a successful practice sale.

24:09 - Common traits of sellable practices, such as readiness and curbside value.

26:39 - The importance of systems perspective when selling a chiropractic practice.

29:15 - Dr. Adrian and Success Partner, Dr. David Fletcher converse about the benefits of using CLA technology in chiropractic practices. They emphasize its role in patient care improvement, practice efficiency, and enhancing patient-practice interactions. They underscore its use in growing practices through effective patient communication, retention, and internal referrals. Additionally, they highlight the benefits of tracking patient care progression with systematic re-exams, and the substantial patient data collected by CLA, illustrating chiropractic's profound effects on the nervous system.

Resources Mentioned

For more information about selling your practice visit: https://www.progressivepracticesales.com

To learn more about the REM CEO Program, please visit: http://www.theremarkablepractice.com/rem-ceo

Build your dream team with Chiro Match Makers. Learn more at https://chiromatchmakers.com/

Subscribe to our newest podcast "Build Your Remarkable Practice" here: https://podcasts.apple.com/us/podcast/build-your-remarkable-practice-for-chiropractors/id1734107477

For more information about CLA please visit: https://insightcla.com/about/

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The Remarkable CEO Website

Dr. Stephen’s Book – The Remarkable Practice: The Definitive Guide to Build a Thriving Chiropractic Business

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