Financial Preparation

If you are preparing financial statements for your business plan, a bank will want to see up to three years’ projections on your practice income. It is difficult to make these kinds of projections when you are not sure what your income will be. Here is one way to come up with some numbers, using […]

Most chiropractic students are concerned about how they will be able to borrow to start a practice and still repay their student loans. Before you graduate, you will attend an information session, but if you want to consider your options while you are still in school, the U.S. Department of Education website has some resources […]

Starting a business can be one of the most rewarding and satisfying undertakings a person can pursue. For some it involves chasing and achieving a personal dream, and for others it provides an opportunity for freedom and flexibility from a corporate job. Launching a new business venture comes with a lot of hard work and […]

Are you hesitant about starting your own practice because you don’t know where you’ll find the money for collateral? Here are some creative solutions to your problem. Consider one or more of these sources to get you going: “¢ Cash value of life insurance. If you have a whole-life policy that you or someone else […]

You are ready to take your business plan to a bank. But you have never actually had a conversation with a business banker before. What do you say? What do you bring? What can you expect? Here are some planning tips. 1. Dress professionally. You don’t necessarily need to wear a business suit, but no […]