Student DC Archives - Page 18 of 28 - Chiropractic Economics

Budgeting for business taxes

Student DC March 19, 2019

Â A young couple in practice was taken by surprise when their CPA said, “You owe $9,000 in taxes.” “But,” they said, “we paid the taxes on our income as employees of the corporation.” “Yes, I know,” he replied, “but the corporation also owes income taxes on its profit.” If you were in this situation, […]

Three practice startup books you should read

Student DC March 19, 2019

You need all the help and advice you can get as a new DC, and books are great to help you learn more about business and get organized to succeed. Many grads read books on chiropractic practice startup, but general business books that can provide insights toward how to start and organize your practice. Here […]

Don’t send out that BARE resume!

Student DC March 19, 2019

What does that mean? It means you should never send out a resume or CV (they are the same thing, really) without a cover letter. A cover letter serves several purposes: “¢ It introduces you to the doctor and lets him/her know why you are sending the resume. If you send out just a resume […]

Pricing your services

Student DC March 19, 2019

New practitioners often struggle with the issue of setting fees. How do you know what to charge? The first step in determining your fees is to find out what the range of fees is in your area. To do this, you can: “¢ Ask other chiropractors directly. Some will be very open and others won’t. […]

Where do you go to find patients?

Student DC March 19, 2019

You know the patients you want in your practice, right? You probably have a picture of your ideal patient in your mind. But how do you get to these people? To get to a group of patients, you have to know: 1. Who these people are, and 2. Where they hang out. The “who they […]

Simple bookkeeping for practice startup

Student DC March 19, 2019

If you don’t want to spend money on bookkeeping and accounting software, you might want to consider online services. You can use some of these programs online for free or a small monthly cost. One advantage is that all your data is stored online, so you have an automatic backup. One resource that can help […]

Can I start a simple practice?

Student DC March 19, 2019

Q: I graduated a few months ago and spent some time looking for practice associate positions. I can’t find anything and I want to start my own practice. But I have no assets and I have been through bankruptcy. I have a portable table and a credit card with about $5,000 in available credit. Is […]

Why you need an employee handbook at start-up

Student DC March 19, 2019

An employee handbook is an essential tool for a new chiropractor, and every office should have one at start-up. You’re probably thinking this handbook is a waste of time and you’re too busy with getting started, getting patients, and getting money to put a handbook together. But if you take the time to construct this […]

Using giveaways as practice promotion

Student DC March 19, 2019

In your budget for practice start-up, don’t forget to select some giveaway items, those small gifts you give to patients and prospective patients. You need giveaways for three reasons: 1. Give to Get. We give in order to get. If you give someone a small gift, they feel obligated and want to give you something. […]

How to create a team promotion project

Student DC March 19, 2019

In the 21st century business environment, many small businesses and professional firms are discovering that there is power in affiliation. Many Internet sites talk about “affiliate marketing,” and many Internet marketers are promoting affiliates. But affiliate or team marketing and promotion is not reserved just for the Internet. Sure, if you have a website for […]

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