“What is my practice ACTUALLY worth in this market?
Is the question I was asking myself when I considered for the first time that the practice that I built for 17 years with my blood and sweat (not actually a whole lot of blood) was going to be put on the market soon as I transitioned into a new chapter of my life. SCARY THOUGHT!
There is a story in my sphere that hits hard as to why I believe every doc needs a succession plan for their business…and immediately.
Watch this quick little video of me story telling on Blue Lake, and your mind will be altered.
I had no idea where to even start…but like most things, I just started, and didn’t quit until I had an answer. I found a starting block, and created the SYSTEMS needed to get my practice ready to sell. I tracked the process and made it repeatable.
SCROLL TO THE BOTTOM TO GET THE QUESTIONNAIRE TO DETERMINE YOUR PREPAREDNESS TO SELL
It has now been almost 12 years and I have helped dozens upon dozens of my friends and colleagues sell their practice. I have created a system that worked so well for myself, that when I helped others’ appraise their practice, I had a 96-98% accuracy in what the market looks for in selling a Chiropractic practice.
First thing you will want to do is to do the self test on your practice (10 yes/no questions) to determine how prepared you are for the start of your succession plan. see below
HOW PREPARED ARE YOU?
We found the top 5 lessons that most doctors do not have setup at time of sale that costs them thousands of dollars. Check out the Systems That Sell video to see if you’re losing revenue and diminishing practice value.