Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
Lee Wood, DC
Dr. Lee Wood graduated from Los Angeles College of Chiropractic in 1978 and practiced in the Los Angeles-metro area for two years. In 1980, Dr. Wood opened La Costa Chiropractic in Carlsbad, Calif. He owned, operated and directed this high-volume, extremely profitable multiple-doctor clinic for 26 years. Presently a veteran consultant and international speaker – and previously employed by The Masters Circle and Ultimate Practice Systems – Dr. Wood is now the CEO and founder of One-On-One Chiropractic Coaching and N8-CBD."