Understanding the Financial Aspects of Running a Chiropractic Business: A Bookkeeping Primer
To fully understand your numbers means you can use them to make wise decisions and grow a healthier business. Running a chiropractic business is not just about aligning the spines of your patients, it’s also about aligning the financials of your practice. Understanding the financial aspects of your business is essential for achieving freedom and […]
Using Your Financial Statements: Bookkeeping for Chiropractors Edition
I’m going to assume–I know, I know assuming is never a good idea–but I’m going to assume after talking to many business owners that you probably make most business decisions by checking your bank balance. “Should I set up a booth at that community event next weekend? Let me check my business bank account real […]
Are you living the life you dreamed of when you first became a Chiropractor?
The most important step in creating the life you want to live is to figure out in great detail what exactly that life is! “If you don’t know where you are going, any road will get you there.” Lewis Carroll Since you are a chiropractor, I know you are passionate about health and true wellness. […]
Find More Time in Your Day
Is there ever enough time? There are many things vying for the attention of a business owner, and even more so for a chiropractor that owns a practice. It is so important to educate the public, grow your practice, optimize your processes, keep your financials current, understand your cash flow…are you overwhelmed all over again? […]
5 Power Tips for your Practice
There are so many things to say about starting a business, so many questions to ask, and so many responsibilities to attend to. Perhaps one of the most overlooked facts about starting a business is how lonely entrepreneurship can be. Most business owners do not discuss how frequently they felt like giving up or how […]
How to Manage Internal Controls
Similar to the checks and balances in government, business offices are required to implement a system of checks and balances called internal controls. As explained by David Ingram in “What are the Seven Internal Controls Procedures of Accounting?” internal controls are “policies and procedures put in place to ensure the continued reliability of accounting systems.”1 […]